Economic sectors

The industrial structure of Veszprém is diversified, but it is structurally highly concentrated, most of the sectors are represented by some of relevant companies, including well-known foreign-owned companies (Unilever, Continental, Valeo, Lasselsberger-Knauf, Balluff). In addition to traditional industries such as the automotive industry, mechanical engineering, electronics, food and construction industry, new sectors are also present (environmental industries, information technology and logistics).


The largest foreign companies operating in Veszprém (according to net turnover, 2011)

Company name

Profile

Employees

1.

Continental Automotive Hungary

automotive industry

1,500

2.

Valeo Auto-Electric

automotive industry

1,200

3.

Unilever

food industry

720

3.

MTD Hungária

machine industry

477

4.

Balluff

electronics

650

5.

Jost Hungária

metal industry

269

6.

Lasselsberger-Knauf

construction industry

151

7.

Pepperl+Fuchs

electronics

425

8.

Beurer-Hungaria

textile industry

216

9

Bramac

construction industry

141

10.

nass magnet Hungária

machine industry, automotive supplier

225

11.

Maxon Motor Hungary

electronics components manufacturing

217


Automotive

One of the leading sectors of the Hungarian economy is the automotive industry, which provides 20% of the total export. The 700 companies presented in the sector employs approx. 130,000 people and generated 21 billion EUR revenue in 2014, 93% of it for export.

The city has several major automotive manufacturers and suppliers, the most important of them with its more than 3,000 employees is Continental Automotive Hungary Ltd. which develops and produces electronic brake system components. Another major employer in the town is Valeo Auto-Electric Ltd. which manufactures high-quality switches and electronic control and camera control units for vehicles.


Electronics

Recently, the electronics is one of the country's fastest growing sectors. Hungary is a popular location for electronics manufacturing services (EMS): 6 of the 10 leading global EMS companies have been present in Hungary (Videoton, Flextronics, Jabil, Foxconn, Sanmina and Zollner). Manufacturing and R&D of electronic products is one of the engines of the economic development and innovation. In addition, Hungary has developed a significant center of mobile technology, information security and related hardware research in the last 20 years.

BALLUFF Elektronikai Ltd. employs 700 people and manufactures electronic and mechanical sensors, rotary and linear position and distance measurement equipments and identification systems. Pepperl+Fuchs employs more than 400 persons and produce industrial sensors, while Maxon produce electromotors with it's 200 people.


Food industry

The food industry has traditionally been the leading sectors of the Hungarian economy. The food industry which includes the food, beverages and tobacco sub-sectors is the second largest employer and the third-largest producer. (Source: HIPA)

Several domestic and foreign-owned companies are operated in the region, one of the outstanding representative is the German confectionery manufacturer HARIBO Hungaria Ltd. located few km far from Veszprém in Nemesvámos. The number of employees is 250.

Unilever is also an important player of the food industry. Their Algida ice cream factory is produce 78 million liter icecream per year and employs more than 200 people.


Machine industry

Mechanical engineering plays a relevant role in the economy of the region. The horticultural machinery manufacturer MTD Hungária Ltd. has 611 employees in Nemesvámos. The company is growing, owing to the investment started in 2011 with the amount of 1,5 billion HUF, 14,000 sq m production facility was developed. Nass Magnet Hungaria Ltd. Is an important representative at this sector also. They produce electromagnetic valves with 250 employees.


Architecture

The Veszprém based Csiszér Design interior designer studio has been designing and implementing shop fittings for more than 18 years for both domestic and international clients. At the beginning we specialised in designing the image of eyeware stores and their whole furniture. Having become more and more popular, we have been assigned to design over 300, different types of stores, saloons, hotels, restaurants and medical centres. The studio has got 15 years of experience in comprehensive execution of work, therefore the advantages of the company includes reliability and promptness; the design and installation work can be predicted in advance.



City profile

The most important economic sectors are the machine, electrical, automotive, chemical, food, building, press and furniture industries, with the logistics sector also becoming more and more significant. With approximately 7000 enterprises, the city has a high level of economic development. 61% of the economy is of the service sector, 35% is of industry, 4% of agriculture. The purchasing power of the population is the 4th strongest in Hungary. Housing 3 institutions of higher education, 19 institutions of secondary education and 11 institutions of public education, its educational infrastructure is outstanding. Its most significant institution of higher education is Pannon University. more...



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