Special mandate to coordinate Audi investment talks

Pharma

Hungary's government commissioner for foreign trade and investment Zsolt Becsey has been given a special mandate to coordinate talks on German carmaker Audi's investments in Hungary, Becsey told MTI late Wednesday, confirming a report by internet portal origo.hu.

Becsey said the prime minister specified his mandates from time to time. 

Audi recently announced an almost €1 billion investment at its base in Győr (NW Hungary) that will go on line in the second half of 2013. 

Press reports suggest that the government is in talks with the company on building logistics capacity for the expansion at the port of Gönyű, rather than at the base in Győr. Thomas Faustmann, who heads Audi's unit in Hungary, said a week ago that Gönyű had "a good chance" of becoming the site of the company's new logistics base, MTI reported. 

Becsey said at the end of February that the government would "ensure all conditions" for the base's construction in Gönyű.

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.

Support the BBJ

Industry