industrial

11/11/2024

Chamber head launches consultations on minimum wage rise in Hungary 🔄

MKIK has launched broad consultations with the support of local chambers on next year's minimum wage rise:
11/11/2024

Hungary’s largest steel plant faces crisis: Indian Liberty and Government clash over blame

Liberty, the Indian owner, is looking to the Government for help, but the Government is calling attention to the company's obligations: #dunaújváros #india
05/11/2024

New Mercedes models built in Hungary may feature Chinese engine

Hungary produces the Mercedes CLA series, which is now undergoing a major revolution, here come the Chinese developments!
08/10/2024

Hungarian-owned 77 Elektronika unit starts production in China

77 Elektronika has been active on the Chinese market for 20 years: #Shanghai #China #medicaldevices
08/10/2024

Hungary to introduce stricter emission caps than the EU

Hungary had maintained EU emission caps, but the government decided to bring in stricter regulation:
01/10/2024

Hungary’s largest steelworks in deepening trouble – liquidation started

"India's Liberty Steel, which acquired the steelworks in a liquidation procedure, has failed to fulfill its commitments."
30/09/2024

Hungary’s factory gate prices see notable rise in August

Factory gate prices in Hungary rose in August, data released by the Central Statistics Office (KSH):
24/09/2024

Hungary rejects EU’s punitive tariffs on Chinese EVs

🇨🇳🇭🇺🇪🇺 Hungarian Government shares China's view that European car manufacturers should not be protected by punitive tariffs on Chinese EVs
13/09/2024

Worrying news: July construction output in Hungary drops 6.2%, industrial production declines further

PM Orbán said in his interview this morning that the Hungarian economy is growing, but the figures show something completely different:
11/09/2024

Long-awaited moment: Liberty makes payroll at Dunaújváros steelworks

Indian-owned steelworks Liberty Dunaújváros has paid over 3,000 employees their wages for August, on time, plus a one-off HUF 150,000 bonus, the National Economy Ministry said on Tuesday. #Dunaferr #steelworks #economyministry
03/09/2024

BMW to build Hungary’s largest solar farm

German car manufacturing giant BMW's solar plant will be the largest in Hungary as well as the largest owned by the company:
03/09/2024

Audi unveils the CUPRA Terramar: new model to be manufactured in Hungary

Another quality car to be produced in Hungary: the Cupra Terramar:
02/09/2024

Austrian Kronospan completes €5.1 million capacity expansion in Hungary

"Austria is Hungary's 4th largest trading partner"
05/08/2024

Hungary’s largest steel producer gets Chinese support for green upgrade

Hungary's largest steel producer, Liberty Dunaújváros, is owned by India, which is now getting help from China:
13/07/2024

Brutal drop in battery production in Hungary in May

Overall industrial production was also worse than a year earlier. #battery #industry
05/07/2024

Brutal fall in export turnover in Hungary

No good news. #export #import #trade #retail
10/06/2024

Hungary’s largest coke ovens shut down

Hungarian steel maker Liberty Dunaújváros has started shutting down its two coke ovens:
07/06/2024

Hungarian industrial production still cannot recover

Working-day adjusted industrial output figures show a 2.4 percent decline in April year on year. #industry #economy
04/06/2024

Hungarian company to build aircraft factory in China – VIDEO

A huge landmark for the Hungarian aircraft industry: head for China!
03/06/2024

Green activists shut off entrance to Samsung battery factory in Hungary

Samsung SDI will continue to operate despite the court's ruling on the validity of its environmental permit, and this is supported by the Government in its challenge to the court: