TradeNotableReported
6.2
Hungary expands auto capacity as Europe faces demand slump, China competition
Hungary TodayLO·HU · DE · CN·1 day ago
The EBRD approved a $10 million loan to Auto Rubber LLC to expand production of rubber-technical products for Uzbekistan's automotive sector. The financing supports localization, private-sector capacity, and regional supply chains, aligning with the bank's development mandate. The move signals continued international investment in Uzbekistan's industrial base, though the impact is modest given the loan size.