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automotive industry

Economic Development Minister Meets with Leaders of Mercedes-Benz

At the meeting, the parties agreed to strengthen cooperation. They also shared the view that government support needs to be provided in order to protect Hungary’s strategically important automotive industry and preserve jobs….

Orbán Outlines Key Policies and Vision on the Economy at Hungarian Chamber of Commerce Event

‘Hungary must be a country that can have Hungarians do all the work that needs to be done in this country. If it’s uncomfortable or difficult, we need to pay more for it. If we have exhausted all of these…

A Hungarian Green Success Story in the Making: Debrecen

The massive electric vehicle-related investments that Debrecen has secured over the past year represent a major step in Hungary’s shift toward a more sustainable economic development….
The building of the Mercedes plant in Kecskemét.

Mercedes-Benz Commits to a Major Investment in Kecskemét

On 21 July, Minister Péter Szijjártó announced a HUF 400 billion expansion investment at Mercedes-Benz’s factory in Kecskemét….
Kép1

The German Automotive Industry in Hungary: An Unhealthy Dependence?

Overall, the German automotive industry employs around 50, 000 people in the country and generates 2.5 per cent of the Hungarian GDP. The production value of the industry rose by 165 per cent between 2010-2019, so the influence and significance…

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