Daimler car plant in Hungary to start test production in 2011.

By bne IntelliNews August 24, 2010
The construction of the new plant of German car producer Daimler in the Hungarian city of Kecskemet remains on schedule, communications director for the plant Edina Kozari Sztipich disclosed. She added that the test production phase of the project was planned to start in 2011. Daimler plans to produce class A and B Mercedes models in the Hungarian plant. The total investment costs for the construction were estimated at EUR 800mn.

Related Articles

Assets of Hungarys investment funds up 3.2% m/m in Feb 2013.

Hungary's investment funds had aggregate assets of HUF 3.657tn (EUR 11.98bn) as of end-February 2013, up by 3.2% m/m, MTI news agency reported citing data from the association of investment funds ... more

Hungary's number of employees down 0.6% y/y in Jan 2013.

The number of employees in Hungary's public and private sectors fell for the tenth straight month in January 2013 declining by 0.6% y/y to 2.574mn, the statistics office informed. The decline ... more

Hungarys MVM clears deal for purchasing E.ONs local units.

The assembly of state-owned Hungarian Electricity Works (MVM) has approved the purchase of the local gas business of German power utility E.ON, Hungary AM reported, citing local daily Magyar ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335