Hungary’s industrial production on the rise

Industrial production in Hungary grew by 2.4% in April, preliminary figures by the Central Statistical Office (KSH) have revealed. The 12-month index has seen a 10.1% increase.
EconomyThursday, 13:25, June 5, 2014 Read more

Waberer's to replace 600 vehicles this year

Waberer's management will decide later this year whether to expand the company's fleet by a further 100 vehicles.
BusinessWednesday, 11:50, April 18, 2012 Read more

Hungary new car registrations up 7% in March

Four new buses were registered in March.
BusinessMonday, 17:45, April 2, 2012 Read more

Daimler inaugurates €800 mln plant in Hungary

The plant will employ about 3,000 people to turn out the next-generation compact models.
BusinessThursday, 16:25, March 29, 2012 Read more

Hungary retail sales edge up 0.6% in January

Last year's retail sales were rising the first time since 2006.
EconomyMonday, 12:10, March 26, 2012 Read more

Automotive industry supplier KMGy puts new capacity online

Hungarian vehicle instrument maker KMGy will soon start production with 20 workers at unit Tamgép's base in Tamási.
BusinessWednesday, 11:35, February 22, 2012 Read more

Higher revenue, improved margin lift Rába bottom line

Hungarian vehicle and vehicle parts maker Rába had net income of HUF 1.72 billion in the fourth quarter of last year, which is a big improvement compared to a HUF 283 million loss in the base period.
BusinessWednesday, 15:45, February 15, 2012 Read more

Hungary retail vehicle leasing market contracts to ten-year low

Hungary's retail vehicle leasing market shrank to less than HUF 100bn in 2011, reaching a ten-year low, Lombard Leasing Group said on Friday.
BusinessFriday, 14:40, January 27, 2012 Read more

Vehicle fuel sales fall 2.7% in 2011

Vehicle fuel sales in Hungary fell 2.7% to 2.88bn litres in 2011, data from the Hungarian Petroleum Association (MASZ) show.
EconomyFriday, 11:30, January 13, 2012 Read more

Stadler Rail submits offer in GYSEV railway vehicle tender

One single offer - by Stadler Rail AG - was submitted by the January 3 deadline in the tender called by regional railway company GYSEV, owned by the states of Hungary and Austria, to purchase railway multiple units, the railway company told MTI on Wednesday.
BusinessWednesday, 18:50, January 4, 2012 Read more

Stadler considers further investments in Hungary pending market conditions

The Stadler group’s production capacities are tied down by existing orders, therefore, if the market for railway vehicle manufacturing improves in the next two years, further capacity expansion could be necessary, in which Hungary could be playing a part, the Swiss group’s CEO/owner Peter Spuhler told MTI.
BusinessFriday, 12:35, December 23, 2011 Read more

First Hungarian-made hybrid truck unveiled

AMC Europe Kft, Intermotor Kft and the Szechenyi Istvan University of Gyor on Tuesday presented the first hybrid truck developed in Hungary.
LifeWednesday, 17:15, December 7, 2011 Read more

HGVs: No overtaking!

As a result of a measure that bans trucks from overtaking, both the number of crashes caused by heavy goods vehicles and those involving HGVs has decreased significantly say the authorities.
LifeThursday, 08:00, November 3, 2011 Read more

Number of new vehicles registered in Hungary up 5% yr/yr in September

The number of new vehicles registered in Hungary rose 5% yr/yr to 4,954 in September, auto-industry researcher DataHouse reported on Monday.
BusinessMonday, 13:05, October 3, 2011 Read more

Number of new vehicles registered in Hungary up 19.8% in August - DataHouse

The monthly increase followed a 10.6% decline in the previous month.
BusinessThursday, 12:00, September 1, 2011 Read more

Financial profit lifts Raba from red in H1

Hungarian vehicle and vehicle parts maker Raba had net income of HUF 250m in the first half as financial profit and sales of unused property lifted the bottom line out of the red
BusinessMonday, 18:50, August 1, 2011 Read more

Number of new vehicles registered in Hungary drops 10.6% yr/yr in July

The number of new vehicles registered in Hungary declined 10.6% yr/yr to 5,044 in July,
BusinessMonday, 13:30, August 1, 2011 Read more

Brammo to build electric motorcycles in Hungary

With a capacity of 660 motorcycles a month, Flextronics’ production plant in Sárvár has started making the two most popular models of Brammo's electric motorcycles
BusinessWednesday, 14:50, June 29, 2011 Read more

Brammo electric motorycle production underway in Hungary

US electric vehicle company Brammo, Inc. said production of its award-winning Enertia motorcycles is now under way in Hungary
BusinessWednesday, 10:50, June 29, 2011 Read more

New organization to promote electric vehicles

Three Hungarian power industry companies have set up an organization to promote the use of electric vehicles
LifeTuesday, 13:10, June 14, 2011 Read more