AGP Executive Report
Last update: an hour agoManufacturing: Hungarian industrial output growth accelerated to 8.7%, driven by the automotive sector. Automotive Supply Chain: SK On’s Hungarian plant earned Ford’s top Q1 quality certification, strengthening the country’s role in battery production. Battery Investment: CATL plans to increase staffing at its Debrecen plant; newly reported documents also detail the competition it faced to secure the site. Services: Hungary’s services production fell 4.5% in July, the steepest decline among EU countries reporting data, despite modest growth across the bloc. Energy: Hungary and Croatia launched a joint gas project as Europe seeks to manage high energy costs.
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