Hungarys govt signs strategic partnership agreement with Suzuki.

By bne IntelliNews November 22, 2012
The Hungarian government and the local unit of Japanese car maker Suzuki signed on November 21 a strategic partnership agreement, which aims to support the company's activities in Hungary, MTI news agency informed. The government also agreed to upgrade the road infrastructure in the northern town of Esztergom, where Suzuki's factory is located. Suzuki plans to assemble some 180,000 vehicles at its plant in 2013, up from an expected output of 155,000 units this year, local Napi Gazdasag reported earlier in November. The company has switched to a single-shift production for the November-December period but it expects to reintroduce the second shift in January 2013. The Hungarian government has signed similar agreements with Coca-Cola HBC Hungary, drug producer Gedeon Richter, aluminium producer Alcoa and German car maker Daimler.

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