AGP Executive Report
Last update: 6 hours agoManufacturing: Hungary’s industrial output rose 8.2% year on year in September, easing from 8.8% in August. Transport equipment, electronics and electrical equipment grew, while food, beverages and tobacco production fell. Electronics Investment: Sourceability plans to triple the floor area of its Hungarian component-testing lab, with the expansion due to enter service in 2027. Energy Shift: Hungary is preparing to end Russian gas imports by autumn 2027, while MOL readies its refineries to process alternative crude delivered through Croatia’s JANAF pipeline. A US sanctions exemption for Russian oil purchases expires on November 21. Investment Pipeline: BYD’s Szeged investment still awaits a formal state subsidy agreement, while Hungary’s wind-power capacity tender has drawn strong interest.
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