Govt aims to smooth way for investments by Daimler, Bridgestone
Hungary's government wants to declare administrative procedures related to investments by German carmaker Daimler and Japanese tyre maker Bridgestone of "special significance", making the procedures faster and smoother, according to a plan published on the government's website.
Daimler inaugurated an €800 million plant in Kecskemét last March. The plant will add a new model to its production palette in the spring. Bridgestone said in October that it decided on a €267 million capacity expansion at its base in Tatabánya. The expansion is expected to be completed in the first half of 2017.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.