BMW starts 1 billion euro construction project next spring in Debrecen

The building of a BMW plant in Debrecen, in eastern Hungary, will further strengthen the Hungarian economy, the minister of foreign affairs and trade said on Tuesday, commenting on the German carmaker’s announcement to start a construction project in the spring of 2020.

“The development project will come to Hungary thanks to Hungarians’ high-quality work, diligence and excellence in performance,” Péter Szijjártó told MTI.

He added that Hungary’s economy showed world-class performance, producing over 100 billion euros of exported goods and services annually which is the 34th highest in the world.

The Hungarian economy continues to grow well above the European Union average, he said.

An economic protection action plan will need to be introduced early next year in order to maintain growth because Brussels has made mistakes not only in its migration policy but also in economic policy and euro zone countries will as a result see stagnation next year, Szijjártó said.