News in Brief
FM: Mercedes plant expansion in Kecskemet on schedule
A 400 billion forint (EUR 1bn) investment will double the plant’s capacity.
A 400 billion forint (EUR 1bn) investment will double the plant’s capacity.
Minister Szijjártó said Hungary was proud to be considered a key base by Mercedes, calling the country and the manufacturer’s 14-year partnership a “success story for both sides”.
Mercedes will invest HUF 50 billion to add electric vehicles to their production line here in Hungary.
18 May 2017, Budapest
Minister Szijjártó said that Hungary would place more emphasis on technology-intensive investment projects that produce more value added, promoting a shift from “Made in Hungary” to “Invented in Hungary"