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Opel offers Hungary cooperation to make electric cars

German carmaker Opel offered cooperation to Hungary in the production of electric cars.

Receiving Hungary's Prime Minister Viktor Orbán at the company's Russelsheim headquarters, vice chairman of Opel Volker Hoff said that Opel aims to enhance cooperation in the field of electric cars as well.

Orbán said Hungary wants to extend cooperation beyond car production to professional education and training, too.

In April, Opel laid the cornerstone of a €500 million engine plant at its base in Szentgotthárd (W Hungary). The Hungarian government sees General Motors ─ Opel's American parent company ─ as a partner offering long-term cooperation, Prime Minister Viktor Orbán said at the ceremony in April.

Opel/Vauxhall CEO Nick Reilly said Opel was "100% committed" to Szentgotthárd and had brought the base into a broad product offensive.

The new plant will create 800 jobs from 2012.

Opel will get a HUF 5.5 billion investment grant from the state of Hungary to support the addition of a third engine line at the base.