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
please make a donation here
Hot news
Top Hungary news: Olympics in Budapest, Russian gas, Hungary’s debt, new Müller store, Prince William as landlord, expensive panel flats – 18 November, 2024
Hungarian FM: Suspending EU-Israel political dialogue ‘would be mistake’
European Commission demands a further EUR 60 million from Hungary
Hungary’s MÁV group to undergo major restructuring
Russian gas supplies to Austria disrupted: Will this threaten Hungary’s gas supply?
Hungarian opposition Jobbik urges health-care finance reform