Market Monitor - Focus on machinery - Hungary

市場監測

  • 匈牙利
  • 機械/工程

2015年07月31日

Hungary has become a key production base for automotive majors such as Audi, Daimler (Mercedes-Benz), Suzuki and General Motors.

Hungary

  • The Hungarian machinery sector is mainly focused on the production of agricultural machines and machines used by the automotive industry.
  • Hungarian agriculture output has increased, leading to rising demand for machinery.
  • In the automotive segment machinery businesses cooperate closely with international  car producers. Hungary has become a key production base for automotive  majors such as Audi, Daimler (Mercedes-Benz), Suzuki and General Motors.
  • Machinery sales only rose slightly in January-April 2015. However, sales prices have increased by more than 10% since June 2014, and order amounts are also higher. Therefore we expect profit margins to improve further in the coming months.
  • In general the gearing of businesses in this sector is low, and banks are generally willing to provide loans.
  • The average payment duration in the machinery industry ranges from 30-60 days. Payment delays are low, and expected to decrease further in the coming months. Insolvencies are low and not expected to increase in 2015.
  • Due to the good growth prospects and low credit risk our underwriting stance is relaxed for all subsectors.
免責聲明

Each publication available on or from our websites, such as, but not limited to webpages, reports, articles, publications, tips and helpful content, trading briefs, infographics, videos (each a “Publication”) is provided for information purposes only and is not intended as a recommendation or advice as to particular transactions, investments or strategies in any way to any reader. Readers must make their own independent decisions, commercial or otherwise, regarding the information provided. While we have made every attempt to ensure that the information contained in any Publication has been obtained from reliable sources, Atradius is not responsible for any errors or omissions, or for the results obtained from the use of this information. All information in any Publication is provided ’as is’, with no guarantee of completeness, accuracy, timeliness or of the results obtained from its use, and without warranty of any kind, express or implied. In no event will Atradius, its related partnerships or corporations, or the partners, agents or employees thereof, be liable to you or anyone else for any decision made or action taken in reliance on the information in any Publication, or for any loss of opportunity, loss of profit, loss of production, loss of business or indirect losses, special or similar damages of any kind, even if advised of the possibility of such losses or damages.