Automotive Manufacturing Sector Inwards Ce As Well As Se Europe

FRD Center (www.frdcenter.ro) is constantly monitoring the automotive manufacturing developments inwards CE together with SE Europe, patch facilitating unusual players access to marketplace data, manufacture intelligence together with B2B matchmaking amongst local players inwards major automotive hubs such equally Romania, Poland, Czechia together with Slovakia, equally good equally inwards markets such equally Bulgaria, Hungary, Serbia etc.

What are the latest intelligence from the automotive manufacturing sector inwards the Emerging European markets?

• ŠKODA AUTO based inwards the Czechia posted operating profits totaling EUR 1.2bn for the Jan to September 2017 period. This represents a y/y increment of 28.3 %.

• In the get-go nine months of 2017, the Romanaian Dacia (Group Renault) constitute production was of 231,558 vehicles.

• In H1 2017, the Polish automotive manufacture increased its output yesteryear 7.5% yr on yr to a record-high PLN 77.4bn.

• Metal components manufacturer, Advanex has confirmed that they volition move opening a novel mill inwards the Czechia during 2018. Globally, Advanex has operations inwards 23 countries including the United Kingdom, Japan, China, America together with Thailand together with make a gain of metallic components suitable for the automotive together with medical markets.

• In Oct 2017 took house inwards Romania the Romanaian Automotive Summit, the most of import effect of the yr dedicated to the car manufacturer industry, aiming at the evolution of Romania equally an attractive together with competitive platform for this segment inwards Eastern Europe.

• Slovakia is a global centre for auto assembly, a old Cold War powerhouse for tank-building turned dwelling to major plants for South Korea’s Kia, Germany’s Volkswagen together with France’s PSA. 25% of the Slovakian gross domestic product is generated yesteryear the automotive industry.

• The Romanaian automotive manufacturing sector is i of the major pillars of the Romanaian economy. The auto manufacture employs over 150,000 people together with inwards 2016 contributed yesteryear 47% to the Romanaian exports. In 2016 it recorded an impressive growth of 9% year-on-year.

• According to the Bulgarian Deputy Minister of Economy, novel investments of BGN 350 meg could move made inwards the production of car parts inwards Bulgaria. This year, investment inwards the automotive manufacturing manufacture inwards Republic of Bulgaria is virtually BGN lxx million, together with about other BGN fifty meg are soundless to move invested. 

• Czech car production rose 4.2% year-on-year inwards the get-go nine months of 2017, supported inwards business office yesteryear solid domestic sales.

• In October, Prague was the host of the Central European Automotive Forum 2017 which brought together all the leading players inwards the CEE automotive industry. OEMs, T1 together with T2 suppliers, equally good equally solutions providers gathered inwards Prague for 2 days of intelligence together with networking.

• Recently, Jaguar Land Rover Slovakia has officially launched a recruitment crusade to discovery workers for the prepare novel constitute it is edifice close Nitra for EUR 1.4 bn. 

Sources: Prague Monitor, Rzeczpospolita, AutomotiveSuppliers.pl, PragueConnect.cz, Reuters, Novinite, The Slovak Spectator, Business Review, The Daily.sk

Are yous interested to question the local markets together with sympathize the marketplace potential? To larn a local musician together with expand your operations inwards the region?

Are yous looking to connect amongst local KOLs, determination makers, amongst specialised importer-distributors together with straight buyers or amongst local suppliers / manufacturers inwards markets such equally Romania, Hungary, Czech Republic, Lithuania, Serbia, Turkey or Poland?

Perhaps nosotros tin collaborate. For tailor-made sector information together with B2B matchmaking amongst players inwards the Emerging Markets inwards Europe, for production introduction to potential buyers inwards Romania, Poland, Czech Republic, Serbia, Republic of Lithuania etc. experience costless to contact the FRD Center squad at: 

email:europa@frdcenter.ro or tel: +4021 411 1459/60/61