Hungary Freight Transport Report - Business Monitor International - Industry Reports

Hungary Freight Transport Report

Hungary Freight Transport Report - Business Monitor International - Industry Reports
Hungary Freight Transport Report
Published Nov 14, 2015
64 pages — Published Nov 14, 2015
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

BMI View: The year ---- will see mixed results for Hungary s freight sector, with rail freight growing by a strong -.- and road and air freight seeing more moderate growth of -.-- and -.-- respectively. The good performance of rail freight will come on the back of the eurozone recovery, which will boost demand for Hungary s vehicles exports. ...The sector will benefit the most from increased vehicles exports and will see considerable investment in infrastructure upgrading over ---- and the years to come. Road freight will grow by a moderate -.-- over ---- as increased domestic consumption will drive demand for goods transported via road and the low-oil-price environment will benefit road freight as fuel for trucks will be cheaper. After a very weak ---- result, Hungary s air freight sector will post better, but still unimpressive growth over ----, as the sector will equally benefit from growing private demand for high-value added import goods. Over the medium term, we forecast rail freight growth to outperform the other freight modes as the above mentioned trends are expected to continue. However, growth across all freight modes will trend lower as economic growth and growth in trade will slow down over our forecast period.

...Waberer s listed shares on the Budapest Stock Exchange (BSE) as of October - ----. The company is listing --,---,--- securities with a face value of EUR-.--, which add up to a total nominal value of EUR-,---,---. ...However, according to the BSE, the company could apply to start trading within -- days from listing. Istvan Marczinko, deputy state secretary at the Hungarian economic ministry, warns that the country s industrial production and exports could be adversely affected by the emissions scandal facing automaker Volkswagen. Volkswagen s plant in Hungary produced two of the -- mio engines implicated, according to comments from the minister. ...Volkswagen s plant in Hungary produced two of the -- mio engines implicated, according to comments from the minister. If the scandal remains isolated to the specific engine types identified so far the direct fallout could be rather limited, although the reputational damage and short-term backlash could weigh on production volumes over the short to medium term.

...Recent constitutional amendments, criticised by international organisations and opposition parties as undemocratic could erode Hungary s judicial independence. Fidesz has been unwilling to tow the EU line with regards to Russia in the aftermath of the Ukrainian crisis, creating tensions with more hawkish neighbours in Central Europe and the Baltics. ...

  
Source:
Document ID
1752-5845
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Hungary Freight Transport Report" Nov 14, 2015. Alacra Store. Dec 04, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Hungary-Freight-Transport-Report-2026-215>
  
APA:
Business Monitor International - Industry Reports. (2015). Hungary Freight Transport Report Nov 14, 2015. New York, NY: Alacra Store. Retrieved Dec 04, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Hungary-Freight-Transport-Report-2026-215>
  
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