Groundbreaking ceremony for defence giant Rheinmetall in Hungary – photos

“We are working to win the future for Hungary,” the defence minister said at the groundbreaking ceremony of a new Rheinmetall plant near Szeged, in southern Hungary, on Tuesday.

Kristóf Szalay-Bobrovniczky said in his address that although the German company “is known as a defence investor, and the project is linked to the defence industry, it goes beyond it.”

He added that the new plant, creating 300 jobs, will produce equipment for electric and hydrogen-fuelled vehicles.

The minister also said the project would dominate Europe’s research and development sector, adding that he was proud the company had chosen Szeged for the investment.

In cooperation with Szeged University, Rheinmetall will build “an ecosystem and knowledge base offering unique opportunities for many Hungarian and foreign youths,” he said.

“Hungarians doesn’t need to go elsewhere as the world is coming here,” the minister added.

As we wrote earlier, Hungarian and Turkish defence companies are establishing a joint venture to develop the Hungarian assembly and production of Turkish Gidran armoured fighting vehicles in western Hungary, details HERE.

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