2012. 03. 01.
• Exceptionally high sales revenues and production volume
• Further major investment projects launched in Győr
• Over 1,400 new employees
AUDI HUNGARIA MOTOR Kft. continues to write its success story: once again, the company accomplished outstanding results in 2011, with a total of 1,883,757 engines built in the engine manufacturing segment (compared to 1,648,030 in 2010). This implies a growth of 14 percent. Last year, 39,518 (2010: 38,541) vehicles rolled off the production line at Audi Hungaria. Audi Hungaria posted revenues of EUR 5,598 million for 2011 (up 17 percent compared to EUR 4,775 million in 2010). Moreover, the company has implemented additional, major investment projects in Győr. As at the end of the business year, the company employed 7,322 employees, 19 percent more than in 2010.
“Once again, production volume and revenues have increased significantly. Meanwhile, construction work related to the expansion of the factory and the project itself has taken big strides forward. All this demonstrates the high level of competence and outstanding performance of Hungarian employees,” said Thomas Faustmann, Chief Executive Officer of Audi Hungaria today, during the announcement of last year’s business results.
1,883,757 engines have been built in the engine manufacturing segment. This translates into a growth of 14.3 percent compared to 2010. 14 new engine variants were introduced last year. 2011 saw the manufacturing of two Grand Anniversary engines: the 20 millionth engine and the 10 millionth four-cylinder Otto-cycle engine. In the spring of 2011, the foundation stone of the Experimental Engine Manufacturing Centre’s new building was laid, providing 7,400 square metres of floor space for the manufacturing and research activities related to experimental engines.
The production volume of vehicle manufacturing has grown to 39,518 units, up 2.5 percent. As of the beginning of 2011 – with the mass production launch of the RS 3 Sportback – as many as four models are being built on the same production line: the Audi TT Roadster, the Audi TT Coupe, the RS 3 Sportback and the A3 Cabriolet.
The tool plant also concluded a successful year in 2011. Its area was expanded by 10,000 square metres to 28,000 square metres. The expansion provided an opportunity to increase capacity, to implement new developments and to optimise the machinery and equipment manufacturing, tool manufacturing and small volume autobody part manufacturing segments.
The engine development centre celebrated the tenth anniversary of its existence at the end of 2011. At present, more than 150 employees work in this area of the company. Its primary tasks include development activities associated with manufacturing, as well as the support of mass production and the introduction of new products. The most notable development projects include friction performance tests and screwing and acoustics analyses.
The company is expanding its development activities with vehicle development. As a result, an investment project worth over HUF 6.5 billion will be implemented with 70 new jobs created. In the coming years, the emphasis in this new area will shift to vehicle testing with a focus on manufacturing. The goal is to build additional developmental competences and to support the optimal production launch of new vehicles at Audi Hungaria.
The most important event of the year was the laying of the foundation stone of the new vehicle production plant. By 2013 the current engine manufacturing and vehicle assembly line will expand into a vehicle production plant encompassing the entire manufacturing process. As a result, the company implements an investment project in the range of EUR 900 million and creates over 2,100 new jobs. Construction works are making good progress. The halls of the autobody plant, the painting plant, the vehicle assembly line and the power hub are already in place and the construction of the pressing plant has also begun. In 2011 approximately 500 employees were hired at the new vehicle production plant. Employees are preparing for their new duties at the German facilities of the Group and at the training centre of the company.
With sales revenues of EUR 5, 598 million under IFRS*, Audi Hungaria has surpassed the performance of the previous year substantially (2010: EUR 4,775 million). This implies a growth of 17.2 percent relative to the 2010 business year.
The company continued to increase its capital expenditure in Győr. The company has allocated a significant portion of its capital expenditure to the new vehicle production plant, the tool plant, the experimental engine manufacturing centre, and the optimisation and modernisation of existing products and equipment.
“Our financial indicators are outstanding yet again. The cost structure and employees’ high degree of flexibility and dedication provide a solid foundation for us to implement our current and future projects in the highest possible quality,” emphasised Dr. Johannes Roscheck, Chief Financial Officer of Audi Hungaria.
By the end of the business year, Audi Hungaria employed 7,322 employees. In 2011 the company hired more than 1,400 employees. In 2011, for the third time, the company was voted Hungary’s “Most Attractive Company.” The Audi Hungaria Project and Training Centre opened in September. New employees are selected and existing employees, as well as new hires, are being trained at the new training centre. On a daily basis, the 11,000 square metre training centre can accommodate around 450 employees to attend technical and non-technical, basic skills development and practice-oriented training courses. Approximately 200 trainers assist in the implementation of hands-on and high quality training programmes.
Audi Hungaria extends its gratitude to its employees for the outstanding performance, flexibility and enthusiasm they demonstrated last year. Similarly to the employees of the German facilities, Audi Hungaria’s employees receive bonus payments, which typically equals to two months’ wages at the Győr company.
Audi Hungaria is engaged in succession planning to guarantee its future labour needs. The excellent collaboration with universities was demonstrated by the unveiling of the laboratory building – equipped with a new test bench – of the Audi Hungaria Internal-Combustion Engines Department of Széchenyi István University during the Spring of 2011 and by the establishment of the Audi Hungaria Automotive Engineering Departmental Group at the end of the year. Simultaneously, Audi Hungaria works in excellent partnership with the Audi Hungaria School, attended by Hungarian and German children alike.
“The company is continuing its dynamic growth this year as well. This is how we strengthen our role and competitiveness within the Audi group,” stressed Managing Director Thomas Faustmann.
* IFRS - International Financial Reporting Standards
Address
AUDI HUNGARIA MOTOR Kft.
9027 Győr, Kardán u. 1.
Phone
+36 96 66 1000
+36 96 66 1001
Fax
+36 95 66 1210
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