Reaping Rewards Of Good Business Environment

Although the outlook for autos demand may not be looking very promising, there is significant optimism in Hungary's autos production and the supplier segments. Hungarian parts supplier Raba has equipped its manufacturing plant in Gyor with new machinery and has bagged a HUF1bn contract with Germany's FS Fehrer Automotive for the supply of metal parts between 2012 and 2019. Meanwhile, local supplier Kokai Tomitesttechnikai has inaugurated a EUR1mn production hall in Ajka.

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