The Hungarian automotive components and automotive OEM sectors show promising growth, reports Julia Klötzer.
- Alternative/Renewable energy
- Automotive Components
- Automotive OEM
- Building & Construction Materials
- Business Machines & Equipment
- Business Services
- Ceramics & Glass
- Coal, Oil & Natural Gas
- Consumer Electronics
- Consumer Products
- Electronic Components
- Engines & Turbines
- Financial Services
- Food & Tobacco
- Hotels & Tourism
- Industrial Machinery, Equipment & Tools
- Leisure & Entertainment
- Medical Devices
- Non-Automotive Transport OEM
- Paper, Printing & Packaging
- Real Estate
- Software & IT Services
- Space & Defence
- Warehousing & Storage
- Wood Products
Hungary’s politics – perceived by some as insular – might have drawn flak, but they have certainly not deterred investors. Officials say the country’s stability is successfully attracting FDI as well as substantial reinvestment, while exports recently hit a high, as Courtney Fingar reports.
Known more for its agricultural heritage, the Hungarian city of Kecskemét has turned itself into an automative hub, culminating in a $1.1bn Mercedes-Benz investment. Michal Kaczmarski looks at how senior figures on a local and national scale helped to seal the deal.
The automotive components sector has been largely dominated by three countries – Mexico, the US and China – in recent years, with emerging locations, including India, Thailand, Germany and the UK, trailing behind.
Michigan’s car industry has made a return to form, rising to become the top global state for FDI, while Mexican and Chinese cities and states perform well.
Though some have questioned India’s heady GDP growth figures, its FDI recovery appears to be built on solid ground, as N Chandra Mohan discovers.
French company ARaymond has a lengthy history of supplying the auto industry, dating back to the 19th century. However, as its CEO and president explains, the company is more concerned with its future than its past, a factor behind its willingness to embrace modern management styles.
Mexico’s automotive sector has endured well, increasing inward FDI at a time of stagnation.
Arkadiusz Bak of Poland’s ministry of economy explains why some of the country’s smaller cities should not be overlooked by foreign investors, but stresses that these locations also have to take a more proactive approach to FDI.
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