Manufacturing

Manufacturing

Hungary PMI Points to Contraction in July

Hungary's seasonally-adjusted Purchasing Managers Index (PMI) stood at 49.2 points in July, edging up from 49.1 points in June, the...

Manufacturing

Rheinmetall Hungary Munitions Plant Inaugurated

Rheinmetall Hungary Munitions, a joint venture of German defense industry company Rheinmetall and Hungary's N7 Holding National Defence Industry Innovation...

Manufacturing

Rheinmetall Q2 Profits up 111%

Rheinmetall AG, Germany's largest arms manufacturer, posted a 111% jump in second-quarter profits, thanks to an increase in the sale...

Manufacturing

1st Hungarian-made Lynx Delivered to Army

The first Hungarian-made Lynx infantry fighting vehicle was handed over to the Hungarian Defense Forces on Wednesday, according to a...

Manufacturing

Lithuania Industrial Output Tumbles in June

Industrial production in Lithuania tumbled to 4.5% year-on-year in June from an upwardly revised 5% growth in the previous month,...

Manufacturing

Slovakia Industrial Output Falls in May

Industrial production in Slovakia fell 0.1% year-on-year in May, shifting from a six-month high and downwardly revised 6.2% in the...

Manufacturing

Ganz Publishes Its 1st ESG Report

For the first time, Ganz Transformers and Electric Rotating Machines has published an ESG report describing its efforts to operate...

Manufacturing

Industrial Production Decreases in May

The volume of industrial production dropped in May 2024 by 5.2% year-on-year, based on working-day adjusted data, production declined by...

Manufacturing

Czech Industrial Output Decline Worsens in May

The Czech Republic's industrial production declined a working-day-adjusted 3.2% year-on-year in May, much faster than the 0.4% drop in April,...

Manufacturing

Estonian Industrial Output Falls Further in May

Estonia's industrial production fell 1.2% year-on-year in May, easing from an upwardly revised 4.8% drop in the previous month, data...

Manufacturing

Polish Manufacturing Sector Remains Subdued

Poland's manufacturing Purchasing Managers' Index (PMI) was unchanged from May's seven-month low of 45.0 in June, survey data from S&P...

Manufacturing

Battery Production Contribution to GDP Set to Double

The contribution of battery production to Hungary's GDP could double after investments in the pipeline start up, National Economy Minister...

Manufacturing

Lithuania Industrial Output Eases in May

Industrial production in Lithuania slowed to 4.7% year-on-year in May, from a ten-month high and downwardly revised 5.4% growth in...

Manufacturing

Poland Industrial Production, Producer Prices Fall in May

Poland's industrial production dropped 1.7% year-on-year in May, reversing a revised 7.8% rise in April, data released by the Central...

Manufacturing

Romania Industrial Output Rises in April 

Industrial production in Romania rose 3.6% year-on-year in April, up from an upwardly revised 3% increase in the previous month,...

Manufacturing

Korean Battery Companies in Hungary Sign Joint ESG Pledge

South Korean battery companies operating in Hungary have signed a joint declaration committing to stronger environmental protection, safety standards and...

Manufacturing

Coca-Cola HBC Hungary Announces Record HUF 35 bln Expansion

Coca-Cola HBC Magyarország announced a HUF 35 bln investment to expand its Dunaharaszti production center on Wednesday, marking its largest...

Manufacturing

Vimpex to Take Over Nestlé’s Miskolc Chocolate Factory

Nestlé Hungária has reached an agreement with Vimpex Group to take over its factory in Miskolc, northeastern Hungary, allowing chocolate...

Manufacturing

Hungarian Gov’t Doesn’t Support Further Expansion of CATL Plant, Official Says

Hungary's government does not support the further expansion of Chinese battery maker CATL's factory in Debrecen, Zsolt Tárkányi, a state...

Manufacturing

AI Moves up the Value Chain in Electronics Manufacturing

Artificial intelligence has been present in production halls for some time now, with electronics manufacturing no exception. From reducing false...

Korean Battery Companies in Hungary Sign Joint ESG Pledge

South Korean battery companies operating in Hungary have signed a joint declaration committing to stronger environmental protection, safety standards and...

Coca-Cola HBC Hungary Announces Record HUF 35 bln Expansion

Coca-Cola HBC Magyarország announced a HUF 35 bln investment to expand its Dunaharaszti production center on Wednesday, marking its largest...

Continest and Sweden’s Flexotrap Join Forces on Modular Shooting Ranges

As defense spending grows in importance across Europe following Russia’s full-scale invasion of Ukraine, local firm Continest Technologies Plc. and...

Hungary’s Industrial Producer Prices Rise 4.8% as Energy Export Prices Surge

Hungary’s industrial producer prices rose 4.8% year-on-year in August and 2.9% from July, with energy export prices climbing sharply amid...

Nestlé Unveils Hungary’s Largest Food Industry Investment in Bük

Nestlé has completed a HUF 193 bln expansion at its Purina pet food factory in Bük, adding three production units...

Hungary Industrial Output up 4.7% as Vehicle, Electronics Production Lead Growth

Hungary’s industrial output grew 4.7% year-on-year in July and 1.7% from June, driven by vehicle and electronics manufacturing, the Central...

Vimpex to Take Over Nestlé’s Miskolc Chocolate Factory

Nestlé Hungária has reached an agreement with Vimpex Group to take over its factory in Miskolc, northeastern Hungary, allowing chocolate...

Hungary Industrial Producer Prices Rise 1% in July

Industrial producer prices in Hungary rose by an average 1% in July compared with the same month a year earlier,...

Hungary’s Industrial Producer Prices Edge Down 0.4% in June

Industrial producer prices in Hungary fell by an average of 0.4% in June compared with the same month a year...

Mercedes-Benz Inaugurates Electric C-Class Plant Expansion in Hungary

German carmaker Mercedes-Benz on Monday inaugurated an expansion at its manufacturing base in Kecskemét to accommodate production of the electric...

Magnum Ice Cream Company Invests HUF 4 bln in Veszprém Plant

The Magnum Ice Cream Company has modernized its ice cream production plant in Veszprém through a HUF 4 bln investment,...

Hungary Industrial Output Rises 0.9% Year-on-Year in April

Hungary’s industrial production rose 0.9% year-on-year in April, according to a second estimate of data published recently by the Central...

Hungary Industrial Output Rises 0.9% Year-on-Year in April

Hungary’s industrial production rose by about 0.9% year-on-year in April 2026, according to fresh data released by the Central Statistical...

Hungarian Gov’t Doesn’t Support Further Expansion of CATL Plant, Official Says

Hungary's government does not support the further expansion of Chinese battery maker CATL's factory in Debrecen, Zsolt Tárkányi, a state...

AI Moves up the Value Chain in Electronics Manufacturing

Artificial intelligence has been present in production halls for some time now, with electronics manufacturing no exception. From reducing false...