Construction of BMW’s Debrecen plant to continue
BMW has announced that the construction of its EUR 1 billion factory in Debrecen (225 km east of Budapest) will not stop and recruitment will continue, writes Népszava.
It is noteworthy that in recent days Hungarian car manufacturers have announced factory shutdowns, including Audi in Győr (120 km west of Budapest), Suzuki in Esztergom (50 km northwest) and Mercedes at Kecskemét (90 km southeast).
At the same time, it is worth recalling that it was during the 2008-2009 global economic crisis that Mercedes’ investment in Kecskemét was announced, and questions were still raised as to whether the new plant would be built.
BMW has clearly responded by saying that it is planning for the long term and that the plant will in any case be built and will not be affected by any temporary crisis situation, Népszava adds.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.