More Mercedes Investments Ahead In Hungary
- 21 Jan 2015 8:00 AM
Mercedes-Benz plans to implement further investment projects in Kecskemét, factory manager Thomas Geier told Napi Gazdaság on Tuesday. A €90 million export subsidising loan at a favourable interest rate is just part of the sum that the company will use to fund further investment projects, he said.
Last year 150,000 B and CLA class vehicles were manufactured in Kecskemét, and over 300,000 cars have rolled off the conveyor belt since the start of manufacturing in 2012.
The cars made in Kecskemét are exported to 180 countries around the world.
Director of production and procurement Markus Schaefer told a press briefing that the number of Hungarian suppliers to the factory has risen from 17 at the start to 32 today.
Source: Hungary Around the Clock
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