industrial

08/04/2015

Government signs strategic cooperation agreement with Ibiden unit

Budapest (MTI) – Hungary’s government signed a strategic cooperation agreement with Japanese-owned automotive industry supplier Ibiden Hungary on Tuesday. The agreement was signed by foreign ministry […]
28/03/2015

China, US exports boost Kecskemet Mercedes output, says manager

Budapest (MTI) – The Kecskemet Mercedes-Benz plant will raise its output further this year, mainly thanks to increasing exports to China and the United States, plant manager […]
20/03/2015

Schaeffler Hungary unit plans EUR 39m investment in Debrecen

Budapest, March 20 (MTI) – German Schaeffler’s Hungarian ball bearing unit will undertake a 12 billion forint (EUR 39m) investment in Debrecen in eastern Hungary, the […]
07/03/2015

Japanese automobile manufacturer plans to invest 15 billion HUF in Hungary

A Japanese automobile manufacturer plans to invest 15 billion HUF in Hungary in the near future creating two hundred new jobs reported Secretary of State for […]
06/03/2015

Harman undertaking HUF 3.5bn expansion in Hungary

Budapest (MTI) – US audio equipment maker Harman is undertaking a 3.5 billion forint (EUR 11.4m) expansion in Pecs, in south-west Hungary, the foreign ministry said […]
05/03/2015

PM Orban and Osamu Suzuki launch production of new model in Esztergom

Budapest, March 5 (MTI) – Prime Minister Viktor Orban and Japanese auto giant owner Osamu Suzuki launched the production of a new Vitara model at the […]
05/03/2015

Economy minister attends Bosch project launch

Budapest (MTI) – Economy Minister Mihaly Varga attended the opening ceremony of a 2.2 billion forint development project by the German Bosch concern in northern Hungary’s […]
28/02/2015

Opel announces EUR 1.7m training centre in Hungary

Budapest (MTI) – US-owned carmaker Opel will set up a 1.7 million euro training centre at its plant in Szentgotthard, in western Hungary, Joachim Koschnicke, in […]
27/02/2015

Eagle Ottawa Hungary signs contract on EUR 30m investment at Szolnok plant

Budapest, February 27 (MTI) – American-owned Eagle Ottawa Hungary signed a contract on a 9 billion forint (EUR 30m) investment at its base in Szolnok in […]
25/02/2015

Discussions are going on to set up a Hungarian bus manufacturing plant in Russia

Hungarian and Russian businessmen discussing ways to form a joint venture to manufacture Hungarian designed buses in Russia told the CEO and owner of Evopro group […]
21/01/2015

Orban hails German businesses at launch of new Mercedes model

Budapest (MTI) – There are 6,000 businesses in Hungary based entirely or partially on German capital, the prime minister noted at the launch of the new […]
04/01/2015

Construction materials market needs state boost, says industry rep

Budapest, January 4 (MTI) – The state needs to provide incentives for new home building and home renovations, which would give a lift to the construction […]
07/12/2014

Hungary industrial output rises by 1.7 pc in October

Budapest (MTI) – The output of Hungary’s industrial sector increased by an annual 1.7 percent in October according to both workday-adjusted and unadjusted figures, after rising […]
05/11/2014

Audi Launches Production of Next-Generation TT Roadster in Hungary

November 5 (MTI) – German carmaker Audi launched production of the third-generation TT Roadster model at its plant in Hungary today. Prime Minister Viktor Orban, Audi […]
21/10/2014

Audi TT Roadster production to start in Győr in November

Budapest (MTI) – The production of Audi’s TT Roadster model will start in Audi Hungarian Motor’s plant in GyÅ‘r in western Hungary in early November, the […]
14/10/2014

Suzuki Scales Back Production in Hungary, Temporarily

Budapest, October 14 (MTI) – Japanese carmaker Suzuki has scaled back production at its plant in Hungary, business daily Napi Gazdasag said today. Magyar Suzuki communications […]
05/10/2014

Orban: Hungary to launch biggest ever economic development program

(MTI) – Hungary will launch the biggest economic development programme in the country’s history at the start of next year, the prime minister said on Saturday. […]
26/09/2014

Saudi delegation explores cooperation in auto engineering

(MTI) – A delegation from Saudi Arabia offered cooperation with Hungary in engineering and training in the auto sector, the deputy president of the National Innovation […]
19/09/2014

Inauguration Ceremony at the Univer Product Food Processing and Trading Company

(MTI) – Hungary’s economy has entered a phase of sustainable growth, suggesting that it has been put on the right track, the prime minister said on […]
18/09/2014

Apollo Tyres announces HUF 146bn investment plans

(MTI) – India’s Apollo Tyres on Wednesday announced plans to construct a 146 billion forint plant in Hungary. Related article: The Ministry for National Economy Has […]