Róbert Sipiczki noted that Hungarian companies turned out 390,000 bicycles last year, exporting 280,000 of them, mainly to Germany, the Netherlands, Austria, and Switzerland. Revenue of the sector rose 5-7% to around HUF 130 billion, he added.
The biggest bicycle maker in Hungary at present is Dutch-owned Accell Hunland, but Taiwan's Giant will start full-scale production at a plant in Gyöngyös this year. The Hungarian-owned Csepel, Gepida, Neuzer, and Koliken are also big players on the market.
Bicycle sales in Hungary came close to 260,000 last year, up from 225,000 in 2019.
Around 71% of Hungarian adults cycle with varying degrees of frequency, according to a representative survey conducted by the Hungarian Bicycle Club in 2020.
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