The must-have newsletter about Hungary



Hungary’s role in automotive industry research and development is growing, outgoing Minister of Technology and Industry László Palkovics said at the inauguration of a technology centre of Austrian vehicle developer AVL, at the ZalaZone test track in western Hungary. The new facility will have place for 150 engineers and test pilots and a capacity to prepare 50 vehicles simultaneously, Palkovics said, noting that the Hungarian vehicle industry had outperformed in the last decade, with the number of engineers in the sector rising from around 3,000 to over 10,000. The government has done everything in its power to support investments and to create the necessary background for R+D and education, he said. Value-added in car industry currently stands at 45-50%, with plans to increase it to 65% by 2030, he said.