Szijjártó Meets With BMW Chairman in Munich

Automotive

According to Szijjártó, BMW is set to make an announcement concerning its plant in Hungary in the coming week.

Image by irena iris szewczyk / Shutterstock.com

Minister of Foreign Affairs and Trade Péter Szijjártó met with BMW Group chairman Oliver Zipse in Munich on Friday, according to a report by state news wire MTI.

"Today, we reviewed the status of the investment in Debrecen and the development trends of Europe's automotive industry," Szijjártó said in a post on Facebook.

BMW laid the cornerstone of a EUR 1 billion plant in Debrecen in the summer. Production of the car maker's fully electric Neue Klasse is set to start there in 2025.

In a statement issued by the Ministry of Foreign Affairs and Trade, Szijjártó said BMW is expected to make an announcement concerning the plant in Debrecen in the coming week. That announcement will "be about more than what was originally planned", he added.

Szijjártó also met with executives of Knorr-Bremse and Schaeffler in Munich as well as with Florian Herrmann, the head of the Bavarian State Chancellery.

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