ADVERTISEMENT

BMW to start building EUR 1 bln plant in Hungary in spring

Recycling

Karolis Kavolelis/Shutterstock.com

German carmaker BMW on Tuesday said it will start construction of a EUR 1 billion plant in Debrecen (195 km east of Budapest) in the spring, according to a report by Hungarian news agency MTI.

Image: Karolis Kavolelis/Shutterstock.com

The local council of Debrecen is finishing up groundwork at the site of the plant, BMW said.

BMW will launch a recruiting campaign in Debrecen in the coming weeks and extend it to the whole of Hajdú-Bihar County next year.

Michele Melchiorre, managing director of BMW Manufacturing Hungary, said Debrecen was the "perfect choice" for the new plant.

The handover of the plant site took place in September.

ADVERTISEMENT

Impact of economic recovery on commercial property sector mu... Analysis

Impact of economic recovery on commercial property sector mu...

Parl't votes to phase out savings coops integration framewor... Parliament

Parl't votes to phase out savings coops integration framewor...

Roche Szolgáltató appoints P&C business partner lead Appointments

Roche Szolgáltató appoints P&C business partner lead

Budapest airport shuttle bus service expanded City

Budapest airport shuttle bus service expanded

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.