Mercedes-Benz makes HUF 50 billion investment in Kecskemét

Mercedes-Benz announced plans to build a new press plant in Kecskemét with an investment of about HUF 50 billion.

The new press plant would be 23,000 square meters and virtually double the press capacity of the current factory. Additionally, the investment will create 200 new jobs.

Minister of Foreign Affairs and Trade Péter Szijjártó stressed that the state-of-the-art technology used in the new plant will make the production of Mercedes automobiles more efficient and flexible, not only locally but globally as well.

As with all FDI, this additional investment by Mercedes-Benz is a further testament to Hungary’s strength as an investment destination and could help maintain Hungary’s status as having the highest GDP growth rate in the EU.

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