Audi to boost production in Hungary

Recycling

German carmaker Audi is planning to start production of new engine models at its Hungarian Győr-located base, Axel Strotbek, Audi AG's board member for finance and organization, told Hungarian news agency MTI in an interview today.

“We will continue to make substantial investments in Győr in order to achieve our goals,” Strotbek told MTI, without going into detail on the special plans of the German carmaker.

Apparently Audi is satisfied with the Hungarian plant, as the German giant has carried out many upgrades recently and encouraged expansion of the nearby airport. The plant is soon introducing its third shift to increase production.

As for further expansion of the plant, Strotbek said that there is “no reason for this at the moment, but it is important that we are prepared for any challenges.” Preparing the ground for the hope of further investments, he said that supplying certain models from a single plant was the “right strategy” because of economies of scale.

ADVERTISEMENT

Hungarians Want to Live to 96 Analysis

Hungarians Want to Live to 96

Parl't approves 2023 budget Parliament

Parl't approves 2023 budget

Wizz Air Malta Names Managing Director Appointments

Wizz Air Malta Names Managing Director

Muni Council Organizing Meeting to Improve Air Quality City

Muni Council Organizing Meeting to Improve Air Quality

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.