Manufacturing

Manufacturing

Industrial Performance Down due to European Economy, Says Ministry

The recovery of industry's performance is still being delayed by the weak performance of the European economy, especially Hungary's most...

Manufacturing

Industrial Production Declines in April

The volume of industrial production grew in April 2024 by 6.4% year-on-year, however, based on working-day adjusted data, production declined...

Manufacturing

Estonia Industrial Output Falls at Softer Pace in April

Estonia's industrial production shrank 4.7% year-on-year in April, marking the 20th consecutive month of contraction in industrial activity, although easing...

Manufacturing

Latvia Industrial Production Contracts in April

Industrial production in Latvia tumbled by 7.7% year-on-year in April, the most in nearly a year, reversing from a downwardly...

Manufacturing

Industrial Producer Prices Fall in April

Industrial producer prices in Hungary were 2% lower on average in April 2024 compared to one year earlier, according to...

Manufacturing

Bosnia Industrial Output Down in April

Industrial production in Bosnia and Herzegovina fell by 3.6% year-on-year in April, contracting slower than the 9.4% plunge in the...

Manufacturing

Ganz’s Tápiószele Unit Expands With PV Plant, Energy Storage System

The solar panels are ready for operation in the 2 MVA solar power plant park built at the Tápiószele plant...

Manufacturing

Continental Dohányipari Lays Cornerstone of HUF 16.5 bln Expansion

Continental Dohányipari laid the cornerstone for a HUF 16.5 billion expansion at its base in Sátoraljaújhely (250 km northeast of...

Manufacturing

Lithuania Industrial Output Rebounds in April

Industrial production in Lithuania rose 5.5% year-on-year in April, rebounding from a downwardly revised 2.6% fall in the previous month,...

Manufacturing

Siemens Energy Inaugurates Production Hall, Training Center

The local unit of German-owned Siemens Energy inaugurated a production hall and a training center and installed a 1.5 MW...

Manufacturing

Hell Energy Inaugurates HUF 80 bln Capacity Expansion

Hell Energy and Quality Pack on Friday inaugurated a HUF 80 billion capacity expansion at the soft drink maker's base...

Manufacturing

Bosch Revenue in Hungary Little Changed in 2023

German engineering giant Bosch's group-level revenue in Hungary totaled HUF 2.207 trillion last year, down 2% from 2022, the company...

Manufacturing

Slovakia Industrial Output Tumbles in March

Industrial production in Slovakia tumbled 6.9% year-on-year in March from an upwardly revised 0.1% rise in the previous month, data...

Manufacturing

Industrial Production Drops in March

The volume of industrial production dropped in March 2024 by 10.4% year-on-year, while based on working-day adjusted data production declined...

Manufacturing

Czech Industrial Production Falls in March

The Czech Republic's industrial output declined a working-day-adjusted 2.7% year-on-year in March, reversing a 0.7% increase in February, data from...

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...