Tire sales climb nearly 12% in Hungary

Pharma

Brand dealers sold more than 2.35 mln car tires in Hungary last year, approximately 12%, Continental Hungária managing director Dániel Rábai said yesterday, according to news agency MTI. 

Car tire sales now exceed their before crisis levels, Rábai said. Sales of mid-category tires were up 15%. Premium-category sales rose 9% and lower-category sales increased 11%. Sales of summer tires climbed about 15%. Sales of winter tires rose almost 9%.

The ministry said the fresh data confirmed the government's expectations, according to which the deficit as a percentage of GDP, calculated according to European Union rules, could be lower than the 2.9% target.

ADVERTISEMENT

Mapei Targets 6% Higher Revenue This Year Figures

Mapei Targets 6% Higher Revenue This Year

Parliament Negates Mandatory Membership in MOK Parliament

Parliament Negates Mandatory Membership in MOK

Number of Residential Developments in Cities Falls 9%  Residential

Number of Residential Developments in Cities Falls 9% 

Veronika Spanarova Wins Expat CEO of the Year Award 2023 Awards

Veronika Spanarova Wins Expat CEO of the Year Award 2023

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.