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Videoton hopeful of Mercedes vendor deal

Hungarian electronics company Videoton expressed confidence that being one of the leading businesses of its field in central Hungary, it could thus expect substantial orders from theMercedes plant in Kecskemét currently under construction.

According to Videoton CEO Ottó Sinkó, the signs are promising since the company received high marks during the vendor pre-selection process.

Sinkó pointed out that Videoton would be able to deliver a broad range of components used in automobile production ranging from electronics through metal parts on to manufacturing equipment.

He also expressed hopes the Mercedes plant will adopt a business policy that will make it generally open to cooperating with local prospective vendors. (Napi Gazdaság)