Audi Hungaria to produce greener engines with HUF 32 bln investment


Image by Pixabay

The Hungarian unit of German car manufacturer Audi is planning to undertake a HUF 32 bln development at its plant located in Győr, enabling it to produce greener and more efficient engines, Hungarian news agency MTI reported today.

The investment, which is expected to create 380 workplaces, is being supported with a HUF 6 bln subsidy, Hungary’s Foreign Minister Péter Szijjártó said today at the signing of a cooperation agreement between the Hungarian government and the German company.

Economy Minister Mihály Varga said on September 29 that Audi Hungaria’s plant in Győr turned out approximately 2-2.5 million diesel engines that were involved in Volkswagen’s emission scandal in which engines were rigged.

On October 14, Volkswagen published its action plan for the recalling of cars in the scandal and has named the types of the 35,283 cars to be recalled in Hungary, including 6,014 Audis. 

Although, Audi Hungaria said on October 9 that it could not comment on the future impact of the situation at Volkswagen group, it continues to achieve its production targets. The company added that it has not stopped hiring and it has no knowledge of production being scaled back at other factories.


Household income improved in Q1 Analysis

Household income improved in Q1

Ministers in new Orbán gov't sworn in Parliament

Ministers in new Orbán gov't sworn in

New managing director at LG Electronics Hungary Appointments

New managing director at LG Electronics Hungary

Airport bus fare could rise to HUF 1,500 City

Airport bus fare could rise to HUF 1,500


Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.