PHOTOS: Austrian vehicle developer inaugurated technology centre in Hungary

Hungary’s role in automotive industry research and development is growing, outgoing Minister of Technology and Industry László Palkovics said on Wednesday, at the inauguration of a technology centre of Austrian vehicle developer AVL, at the ZalaZone test track in western Hungary.

The new facility will have place for 150 engineers and test pilots and a capacity to prepare 50 vehicles simultaneously, Palkovics said.

Palkovics noted that the Hungarian vehicle industry had performed a jump in the last decade, with the number of engineers in the sector rising from ca. 3,000 to over 10,000. The government has done everything in its power to support investments and to create the necessary background for R and D and education, he said.

The car industry’s value-added currently stands at 45-50 percent, with plans to increase it to 65 percent by 2030, he said.

Source: MTI