Electric motors, generators and transformers market in Hungary: size, suppliers and public contracts

Market size and key facts

In 2025, public buyers in Hungary awarded 52 supply contracts for electric motors, generators and transformers through award notices on TED; the 46 of them that state a value (88.5%) add up to €123 million. Hungary imported €3.08 billion of goods in the customs headings matched to electric motors, generators and transformers in 2025 (Eurostat Comext, HS 8504, 8501, 8503 and 8502; all buyers, not only public ones), down 5.1% from 2023.

  • Since November 2023, 53 companies have won 123 public supply contracts for electric motors, generators and transformers in Hungary, in 68 award notices from 38 public buyers.
  • 83.7% of these awards went to companies registered in Hungary; the most frequent foreign origin is Croatia.
  • The five companies that win most often hold 36.6% of all awards.
  • 21.1% of the awards whose notice states the number of tenders received a single bid.

In proportion

All public purchasing in Hungary — general government spending on goods, services and investment, the measure the OECD and the European Commission use for public procurement — came to €30.3 billion in 2025, 13.8% of GDP (Eurostat). Award notices on TED cover only the contracts above the EU thresholds, so they show who wins, not the whole of that spending.

Source: Eurostat, government finance statistics (gov_10a_main, gov_10a_exp) and GDP (nama_10_gdp), retrieved 9 November 2026.

Updated · counted daily from contract award notices on TED and Eurostat international trade data · figures as JSON · free to quote with attribution (CC BY 4.0)

How to cite: Cresques, "Electric motors, generators and transformers market in Hungary", https://cresques.com/markets/hu/311-electric-motors-generators-and-transformers, from TED contract award notices (© European Union) and Eurostat Comext, updated 13 November 2026. Licence: CC BY 4.0.

Winning companies
53
since November 2023
Award notices
68
on TED
Public buyers
38
hospitals, schools, agencies
Imports 2025
€3.1B
all buyers, Eurostat

The market in numbers

Public supply contracts in Hungary: award notices published on TED from 2023-11 to 2026-11, by publication year.

Contracts awarded
123
in 68 award notices
Awarded value
€314M
from 74% of awards with a published value
Winning companies
53
with at least one award
Public buyers
38
hospitals, cities, agencies
Contracts awarded by year
Contracts awarded by yearNov–Dec 2023: 22Nov–Dec 20232024: 525220242025: 525220252026: 17172026
Table view
Contracts awarded by year
Nov–Dec 20232
202452
202552
202617
Awarded value by year (EUR)
Awarded value by year (EUR)Nov–Dec 2023: €7.6M€7.6MNov–Dec 20232024: €170.6M€170.6M20242025: €123M€123M20252026: €12.9M€12.9M2026
Table view
Awarded value by year (EUR)
Nov–Dec 2023€7.6M
2024€170.6M
2025€123M
2026€12.9M
Who buys: contracts by buyer sector
  1. Electricity utilities: 55
  2. Cities, regions and central administration: 32
  3. Economic affairs: 22
  4. Universities, schools and research: 5
  5. Police, fire services and prisons: 3
  6. Social protection: 2
  7. Water utilities: 1
  8. Railway operators: 1
  9. Other2
    Other: 2
Table view
Who buys: contracts by buyer sector
Electricity utilities55
Cities, regions and central administration32
Economic affairs22
Universities, schools and research5
Police, fire services and prisons3
Social protection2
Water utilities1
Railway operators1
Other2
Where the buyers are (NUTS 2 region)
  1. Budapest61
    HU11
    Budapest: 61
  2. Észak-Magyarország25
    HU31
    Észak-Magyarország: 25
  3. Dél-Alföld8
    HU33
    Dél-Alföld: 8
  4. Észak-Alföld8
    HU32
    Észak-Alföld: 8
  5. Pest7
    HU12
    Pest: 7
  6. Közép-Dunántúl6
    HU21
    Közép-Dunántúl: 6
  7. Dél-Dunántúl5
    HU23
    Dél-Dunántúl: 5
  8. Nyugat-Dunántúl3
    HU22
    Nyugat-Dunántúl: 3
Table view
Where the buyers are (NUTS 2 region)
Budapest61
Észak-Magyarország25
Dél-Alföld8
Észak-Alföld8
Pest7
Közép-Dunántúl6
Dél-Dunántúl5
Nyugat-Dunántúl3
Who wins, by company size as declared in the notice
Who wins, by company size as declared in the notice: Large companies 37.4%, Medium-sized 17.9%, Small 18.7%, Micro 22%, Size not stated 4.1%Large companies: 46 (37.4%)37%Medium-sized: 22 (17.9%)18%Small: 23 (18.7%)19%Micro: 27 (22%)22%Size not stated: 5 (4.1%)
  • Large companies
  • Medium-sized
  • Small
  • Micro
  • Size not stated
Table view
Who wins, by company size as declared in the notice
Large companies46 · 37.4%
Medium-sized22 · 17.9%
Small23 · 18.7%
Micro27 · 22%
Size not stated5 · 4.1%
Foreign winners: where they are registered
  1. Croatia13
    Croatia: 13
  2. Bulgaria3
    Bulgaria: 3
  3. Italy2
    Italy: 2
  4. Switzerland1
    Switzerland: 1
  5. China1
    China: 1
Table view
Foreign winners: where they are registered
Croatia13
Bulgaria3
Italy2
Switzerland1
China1
Imports of these goods into Hungary, all buyers (EUR)
Imports of these goods into Hungary, all buyers (EUR)2023: €3.2B€3.2B20232024: €2.9B€2.9B20242025: €3.1B€3.1B2025
Table view
Imports of these goods into Hungary, all buyers (EUR)
2023€3.2B
2024€2.9B
2025€3.1B
Where the buyers are (city)
  1. Budapest61
    Budapest: 61
  2. Miskolc24
    Miskolc: 24
  3. Szeged8
    Szeged: 8
  4. Budaörs6
    Budaörs: 6
  5. Hajdúszoboszló6
    Hajdúszoboszló: 6
  6. Győr3
    Győr: 3
  7. Székesfehérvár3
    Székesfehérvár: 3
  8. Debrecen2
    Debrecen: 2
Table view
Where the buyers are (city)
Budapest61
Miskolc24
Szeged8
Budaörs6
Hajdúszoboszló6
Győr3
Székesfehérvár3
Debrecen2

Imports: Eurostat Comext, customs headings 8504, 8501, 8503, 8502 (only headings whose trade is mainly this category); all buyers, not only public ones.

Awards to companies registered in Hungary

83.7%

Awards to companies registered in Hungary: 83.7%

20 awards went to companies registered elsewhere.

Share of the 5 biggest winners

36.6%

Share of the 5 biggest winners: 36.6%

Of all awards; a high share means a concentrated market.

Lots with a single bid

21.1%

Lots with a single bid: 21.1%

Among 123 awards whose notice states the number of tenders.

How we count: one award per procedure, lot and winning company, from live contract award notices; a joint procurement counts on every buyer's market. Values are the awarded amounts published in the notice (framework ceilings and estimates are never added), converted to euro at the ECB yearly average. Company size is the SME flag of the notice (eForms BT-165). Read the methodology.

The same category across Europe: all 30 countries compared →

Among the companies that win most often

  1. Ganz Transzformátor- és Villamos Forgógépgyártó Korlátolt Felelősségű Társaság10 public contracts in total
  2. Hitachi Energy Hungary Korlátolt Felelősségű Társaság16 public contracts in total
  3. Lemi TRAFO EAD23 public contracts in total
  4. ETIAM Korlátolt Felelősségű Társaság121 public contracts in total
  5. ALOHA Informatika Kft.12 public contracts in total

Where this industry meets in Hungary

All trade fairs and congresses of this industry →

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Questions

Who wins public contracts for electric motors, generators and transformers in Hungary?
53 companies won 68 contract award notices for these categories from 38 public buyers in Hungary since November 2023. The companies that win most often are Ganz Transzformátor- és Villamos Forgógépgyártó Korlátolt Felelősségű Társaság, Hitachi Energy Hungary Korlátolt Felelősségű Társaság, Lemi TRAFO EAD, ETIAM Korlátolt Felelősségű Társaság, ALOHA Informatika Kft..
How big is the electric motors, generators and transformers market in Hungary?
In 2025, public buyers in Hungary awarded 52 supply contracts for electric motors, generators and transformers through award notices on TED; the 46 of them that state a value (88.5%) add up to €123 million. Hungary imported €3.08 billion of goods in the customs headings matched to electric motors, generators and transformers in 2025 (Eurostat Comext, HS 8504, 8501, 8503 and 8502; all buyers, not only public ones), down 5.1% from 2023.
Where do suppliers of electric motors, generators and transformers meet buyers and distributors in Hungary?
At trade fairs and congresses such as SPS – Smart Production Solutions, IFAM – Intronika – Robotics, E-world energy & water, HANNOVER MESSE, The smarter E Europe (incl. Intersolar Europe), Batteries Event — each checked on the organiser's official website.
How do I find a distributor for electric motors, generators and transformers in Hungary?
Create a free Cresques account and open the market map for Hungary and this category. It shows the companies that win public contracts there, how often, for how many buyers and for how much: the first 5 on the Free plan, every company on a paid plan. Where the data exists, the map also shows wholesalers from the business register, import figures and the industry's trade fairs.

Sources: contract award notices on TED — Tenders Electronic Daily (ted.europa.eu), © European Union, published since November 2023, processed by Cresques (one award per procedure and lot); imports: Eurostat, international trade in goods (Comext), © European Union — only the customs headings whose trade is mainly this category, chosen by Cresques.