ISIN: HU0000073457 WKN: A0B7AP RÁBA Automotive Group The legal predecessor, Magyar Vagon- és Gépgyár Rt.

Rába. (Hungarian Railway Carriage and Machine Works) was founded in 1896 as a transport vehicle manufacturer. The Rába Automotive Holding Plc. with over a hundred years of experience is one of the largest Hungarian companies in the automotive industry. The three strategic business units of the company produce axles for commercial vehicles, agri-machinery and earthmovers as well as automotive components and specialty vehicles. Rába is a Gyõr-based (Western-Hungary) company employing nearly 2600 people. Sixty percent of its overall sales revenue comes from its export activities, mainly from the three strategic markets: the EU, the US, the CIS. Rába is a public limited company with shares listed on the Budapest Stock Exchange. The company's business philosophy focuses on adjustment to a changing business environment, and on the continuous, market-driven improvement of efficiency. The objective of Rába is to position itself in the automotive industry as a provider of complex solutions and to gain market leadership in certain segments with its own developments. The Components Business Unit relies on two West-Transdanubian plants. The Mór plant is the center of up-to-date welding and pressing processes while the key technology in the Sárvár plant is cutting and machining. The business unit primarily sells its products to international automotive companies operating in Hungary and in other EU countries. The Vehicle Business Unit - relying on previous experience - renewed its product portfolio. It has been producing rolling bus chassis and high mobility military trucks that comply with special transportability and defense requirements as well as carrying out development and adaptation activities for these products. Its main long-term client has been the Hungarian Army. In addition to the military vehicles, the company supplies various category bus and earthmover chassis for its domestic and international partners as well. Date of listing on the Hungarian Stock Exchange 17 Dec 1997. Face value 1,000 HUF.

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