Excellent Performance of the Axle Business Brings Best Q1 Results of the last decade for Rába
The company started the
year 2013 with a dynamic growth, the group’s consolidated revenue surpassed the
result of the base period by 16.4 percent and there is a sevenfold increase in the
operating profit compared to the first quarter of 2012. The 25 percent revenue growth of the Axle Business boosted the group
results. Rába closed the first quarter of 2013 with a profit for the year of
HUF 860 million.
Volvo Bus Corporation - Rába Automotive Holding Memorandum of Understanding on Cooperation on the Bus Market
The strategic partners agreed on the joint assessment of the possibilities for meeting Hungarian bus market demands. The modern public transport vehicles are to be manufactured for the Hungarian market using reliable, state-of-the-art technology, localized production and maximized Hungarian content.
New Rába axle in the flagship product of Claas
Rába started supplying axles to the most powerful, more than 500 HP universal prime movers of Claas in 2012. Thanks to the new business revenues generated by the agricultural segment are expected to grow significantly at the Győr-based company.
New business with Marmon-Herrington
Rába is significantly increasing its
US sales of specialty truck axles this year. The take-off is due to a major order from
Brazil for more than 15-million dollars, to be fulfilled in cooperation with Marmon-Herrington this year and the next.
Rába to supply main seat components for new Suzuki model
A new agreement, set to generate an annual revenue of HUF 2.5 billion, was concluded to produce rear seat frames and covers as well as headrest covers for Suzuki’s new generation model by Rába’s Vehicle Components Business Unit.
John Deere Has Once Again Chosen Rába
Following cooperation spanning over more than a decade, John Deere has once again contracted Rába to develop the axles for one of its top-category products, the 560 horsepower track tractors. With the development process successfully completed, the serial production has begun and the parties signed a 5 years long term supply agreement.
Rába: Further significant agreement on the European commercial vehicle market
Rába Axle Ltd. has signed an agreement valid for 3 years, according to which the company delivers axle components to one of the world’s leading automotive company to the value of nearly 25 million Euros. Thanks to the contract concluded with the major truck maker Rába can strengthen its position on the European market in accordance with its strategic goal. As a result of this new cooperation, altogether 100,000 new trucks will roll off the assembly lines annually in Europe on products made by Rába.
Rába: Widening product portfolio, strengthening relations with Scania
The Győr-based Rába Axle Ltd. has further strengthened its position in the European truck market by obtaining new businesses. Thanks to the agreement stipulated with Scania, the volume supplied will significantly grow, which could be a determinant factor in the future in terms of European growth.
Rába: long-term strategic cooperation in the US market - Five-year-long developmental and business cooperation with Marmon-Herrington
Rába Axle Ltd announced today the signing of a 5-year strategic agreement with Marmon-Herrington setting key long-term strategic growth initiatives tied to product and market development in the specialty vehicle axle and drive train markets.
Rába: Axle development is getting a boost
Rába Development Institute has started its operation
Within the framework of its newly established Rába Development Institute Raba has recently launched a comprehensive innovation programme with a budget of more than HUF 1.5 billion. As a result of the project axle production volume of 2009 is expected to double by 2015 at the Győr-based company. The three-year long programme is cofunded by the European Union.