Varga discusses buses with Mercedes-Benz Hungary
Hungary’s Minister for National Economy Mihály Varga yesterday met the head of Daimler Buses Hartmut Schick and the managing director of Mercedes-Benz Hungária Kft., Jorg Schmidt, the ministry said in an announcement sent to news agency MTI.
Varga acknowledged German parent Daimler for playing an important role in strengthening local bus manufacturing and boosting the use of electric vehicles at the same time, the announcement noted.
The minister recalled that EvoBus Hungary, the bus-manufacturing unit of Germany’s Daimler, has recently signed a declaration of intent with Hungarian-owned ITK Holding under which EvoBus is expected to deliver bus frames to ITK.
Mercedes-Benz announced at the end of July that it was planning to invest EUR 1 billion to build a second plant next to its existing facility in Kecskemét. Production at the new factory could be launched by the end of the decade, and create 2,500 new workplaces.
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.