• Coronavirus in Hungary
  • Budapest
  • Hungary border control
  • HelloMagyar
EnglishFrenchGermanSpanish
EnglishFrenchGermanSpanish
Mercedes expansion in Kecskemét had been temporarily suspendedMercedes expansion in Kecskemét had been temporarily suspendedMercedes expansion in Kecskemét had been temporarily suspendedMercedes expansion in Kecskemét had been temporarily suspended
  • Politics
  • Business
  • Society
  • Sport
  • Culture
  • Special Hungary
  • News To Go
  • World
  • Contact Us
  • About us
  • About us
  • Contact Us
  • Privacy Policy
✕
Breaking News
Support us
Daily News Daily News · 15/05/2019
· Business

Mercedes expansion in Kecskemét had been temporarily suspended

car development economy Germany Hungary industrial labour market
mercedes

Photo: MTI

German carmaker Mercedes-Benz’s earlier plans to expand its production base in central Hungary are not at risk, the company’s plant in Kecskemét told MTI on Wednesday.

The plant issued a statement after the company’s headquarters in Stuttgart confirmed to Hungarian news portal Index.hu that an earlier announced expansion in Kecskemét had been temporarily suspended.

As we wrote yesterday, leading German business newspaper Handelsblatt wrote in a Sunday analysis that German automotive industry is facing significant problems so giants like BMW and Daimler Mercedes will probably start to cut their budget in Hungary by postponing or even cancelling some of their planned investments- DETAILS.

Orsolya Ludvig, the communications director for Kecskemét plant, told Index.hu that a company may, naturally, modify its plans, and that is what is happening at Mercedes now, too.

The plant said in its statement that

a number of developments are taking place at the base in addition to the expansion.

The plant is operating at full capacity and the production timetable is full for next year, too, considering demand for the compact cars the plant makes is growing, it added.

Market demand, technology trends and industry regulations all impact the way in which automotive industry companies develop, thus Mercedes-Benz regularly reviews its product portfolio and strives to achieve a balanced use of capacity in its international production chain, the plant said.

The factory in Kecskemét is an important link in that production chain, it added.

Mercedes-Benz has only had good experiences in Hungary and is building on its investment in Kecskemét for the long term, the plant said.

https://dailynewshungary.com/mercedes-breaks-ground-for-second-plant-in-hungary/

Source: MTI

car development economy Germany Hungary industrial labour market
Share
Daily News
Daily News

Leave a Reply

Your email address will not be published. Required fields are marked *

SUPPORT US

Subscribe to our newsletter

Sign up to receive daily updates, news & stories about Hungary!

Select your location below or enter your country so we can deliver our morning newsletters to you in time.


Thank you!

You have successfully joined our subscriber list.


.

Latest news
  • Budapest one of the top European wellness hotspots!
  • Fuel will be Europe’s most expensive in Hungary?
  • RECIPE: traditional Hungarian kenyérlángos
  • Many Hungarians from Transcarpathia have died in the war, says minister
  • PHOTOS: Parts of Hungary covered in snow, -10 °C to come next week!
  • German ministers try to block Hungary’s nuclear power plant expansion, says minister
  • PHOTOS: Centuries-old crypts found under a Hungarian church
  • Kazakhstan, Hungary launch joint venture capital fund

About us

Contact us

Copyright rules

© 2023 DailyNewsHungary. All rights reserved! | Server and development by Svigelj Levente E.V