söndag 7 juni 2015

En snabbväxande EU region

2015-06-03 | The Organisation for Economic Co-operation and Development (OECD) has upgraded its forecasts for Hungarian economic growth for this year to 3% from 2.1%, and to 2.2% from 1.7% for 2016. OECD said in its Economic Outlook that exports were expected to grow by 5.7% both this year and in 2016 and the current account surplus of 4.8% this year was likely to rise to 5.1%.

Unemployment is expected to decline slightly from 6.9% to 6.2%. Private consumption growth is likely to slow from 2.4% this year to 2% next year. As the effects of cheaper energy wane, the OECD expects inflation will gradually converge with the 3% target, reaching 2.7% in 2016. The report said public debt-to-GDP was expected to be 76.7% in 2015 and 76.1% in 2016. The budget deficit is projected to be 2.8 % in both years.

Även Rumänien utvecklas väl med god tillväxt och låg statsskuld på samma nivå som Sverige (men minus den våldsamma skuldsättningen hos hushållen som gör Sverige så extremt internationellt).

Det kan vara värt att lägga på minnet att den svåra krisen som drabbade regionen nu stabilt verkar vara över. När man läser internationella prognoser om Ungern speciellt så kan man också lägga på minnet att de flesta banker och institutioner i väst missbedömt och senaste 1-2 åren varit för försiktiga.

The Minister of State pointed out that Hungary’s economy has been expanding since 2013, the economy’s structure has been becoming sounder, the upward economic trend is sustainable and the rate of growth reached 3.6 percent in 2014. According to preliminary data, Hungarian GDP grew by 3.4 percent in the first quarter of 2015, an outstanding figure even from an international perspective. Labour market trends have also been improving: the unemployment rate has been declining, the number of people in employment has been on the rise and wages in real terms have also increased.

Hungary’s competitiveness through gradually shifting the focus of taxation from taxes on income to taxes on consumption. The Minister of State added that on the production side the industrial sector has performed impressively: in the period 2010-2014 industrial sector output was more than 10 percent higher. In Q1 2015, tourism within the market services sector and retail sales have also posted growth. The volume of investments has also been a major factor behind the performance of the Hungarian economy in 2014.

Utan att på något sätt säga att Ryssland är ointressant för börsplacerare så tror jag det är viktigt att sortera noga bland östeuropa fond utbudet. Länder som Ungern och Rumänien handlar om tysk (och svensk) exportindustri såsom tyska Mercedes och svenska Autoliv som lägger sina produktionsenheter i grannländer med allt bättre vägnätsförbindelse till Tyskland och dramatiskt lägre produktionskostnader och ska man vara lite politiskt o-korrekt så kan man fråga vad som skulle göra att till stor del turkisketniska bilarbetare i Tyskland skulle vara så mycket värdefullare än ungerska tillverkare av Mercedes under exakt samma ledarskap några mil bort. Speciellt då skatter på företagen och för den delen arbetarna är så mycket lägre i länder som Ungern, Slovakien och Rumänien.

Audi Hungaria: Start of production of the new Audi TT Coupe

- Third generation of the model goes into series production
- The compact sports car is produced completely in Győr
- Dr. Hubert Waltl, Board of Management Member for Production at AUDI AG: "Experienced Hungarian team will contribute towards the worldwide success of the new TT"

The third generation of the Audi TT* and the TTS Coupe is now going into series production at AUDI HUNGARIA MOTOR Kft. Following last year's start of production of the Audi A3 Sedan, the S3 Sedan and the new A3 Cabriolet, the new Audi TT is now also leaving the assembly lines at the automobile plant in Győr. Audi produces this model there with the full depth of manufacturing. The most impressive features of the Audi TT are its sporty character and emotive design, as well as innovative technologies in its drivetrain and its operating and display concept.

"Our site in Hungary has delivered a convincing performance for many years with cars built in premium quality. This is achieved with a flexible and experienced team. With their great expertise, they will contribute towards continuing the worldwide success of the TT, now in its third generation," stated Dr. Hubert Waltl, Board of Management Member for Production at AUDI AG.

Publicerades den 1 dec. 2014
Fresh off the production line in Hungary, the all-new Audi TT coupe is one of the most sought-after German cars right now. The company has done a great job improving the styling from the previous generation, but that that won't stop many people from trying to bring out its unique character.
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Javier González Pareja, managing director of the Hungarian unit of Bosch, noted that Hungary is of strategic importance for the global research and development goals of Bosch. He added that Bosch has a headcount over 10,000 in Hungary and the newly opened training center would provide education services to approximately 5,000 employees a year.
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German-owned automotive industry supplier Robert Bosch is investing HUF 2.9bn at its base in Hatvan, eastern Hungary, the company announced today.
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German engineering giant Bosch launched a HUF 2.2 bln development at its hand tool plant in Miskolc (northeastern Hungary) late yesterday.
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On the same day that General Electric announced its expansion plans within Hungary, the country also celebrated the grand opening of new Bosch headquarters in Budapest.

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