The dominos keep falling
Even though the gigantic plant is not yet complete
No sign of a turnaround
20% more companies terminated than a year earlier
Slackening EV sales weigh on battery manufacturers too
In an environment that already looks dour
Liquidation starts drop 28% yr/yr in Jan-Sept, though
Insists on meeting quality standards
Management plans cost-cutting, efficiency improvement
In Debrecen, on an area of 71 soccer fields
Shockingly poor data released
Fresh data brings a faint hope
Erosion continues at a slower pace
Demand is severely lacking, according to the Kopint-Tárki business cycle index
Domestic industry suffering
Got to look very closely for signs of improvement
Substantial changes in ownership
Profit soars in 2023
Liquidation starts and completions rise further in May
Hungary snatches top spot due to EV-related investment