The Hungarian defence ministry has added another 3 billion forints ($US14.36 million) for this year to its original 4.2 billion forint order to commercial vehicle maker Raba, the company said.


According to Reuters, Raba and its partner DaimlerChrsyler last year won a tender to supply the Hungarian army with off-road and regular vehicles over the next 15 years.


The new 65-vehicle batch ordered for this year consists of 20 Raba-produced H-18 all-terrain trucks, while the rest are Mercedes reconnaissance and command vehicles, Raba reportedly said.


Reuters noted the defence order is a key component of Raba’s revenues, whose sales dropped by 16.2% last year to 31.67 billion forints as it made a loss of 7.25 billion – the company hopes to return to the black and increase sales by 30% this year.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Auto Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Auto Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now