Video: BMW Takes Over Site Of Future Euro 1 Billion Plant In Debrecen, Hungary

  • 18 May 2020 9:54 AM
Video: BMW Takes Over Site Of Future Euro 1 Billion Plant In Debrecen, Hungary
The construction of BMW’s plant in Debrecen is going ahead and work is being carried out according to the preliminary schedule, Péter Szijjártó, the minister of foreign affairs and trade, said in Debrecen on Friday, when the construction site was handed over to the German carmaker.

All parties are keeping their promises and fulfilling their obligations, Szijjártó said. The contract for the plant’s construction announced in the summer of 2018 will enter into force at the end of June 2020 without any changes, he said, noting that the investment is worth more than one billion euros.

The government is providing support of 12.3 billion forints (EUR 34.7m). The pandemic is causing a few months’ delay globally, he noted, adding that it was “natural” to amend the construction schedule to within a certain timeframe, he said.

“There’s no question that construction will start because it has actually started already,” he added. The plant’s incoming director and BMW’s representatives have confirmed this, he said.

Since the announcement of the investment, the first phase of construction has been under way, with preparatory works and infrastructure development carried out, he said. Electricity and gas supply work has started and two motorway exits are being built, he added.

The development of the railway line between Budapest and Debrecen is under way and scheduled to be completed in 2023, he said. Work has also been completed on the launch of a German-language school, he added.

Szijjártó confirmed that BMW has already hired initial staff for Debrecen. Meanwhile, the minister said the pandemic was an economic matter as well as a health issue. The first task is to protect people’s health, he said, but job protection and the creation of new jobs to restart the economy were also important, he added.

“The government’s economic protection action plan maintains the government’s economic philosophy of the past ten years, focusing on supporting new investments,” he said. The car industry has a primary role in investments and the plant in Debrecen will be built, making the city an important location for the global car industry, he added.

Michele Melchiorre, managing director of BMW Manufacturing Hungary, said work will continue in line with plans. “We remain dedicated to the plans for the plant to be built in Debrecen,” he said. He added that slight amendments would be necessary to the original schedule, but this is expected to amount to no more than a few months.

MTI Photo: Mátyás Boros

  • How does this content make you feel?

Explore More Reports

  • Apparently 'More Than Originally Announced' about BMW's Plant in Hungary

    Apparently 'More Than Originally Announced' about BMW's Plant in Hungary

    • 22 Nov 2022 6:00 PM

    A new announcement can be expected next week in connection with the BMW plant being built in Debrecen, in eastern Hungary, the minister of foreign affairs and trade said in Munich on Friday, adding that the project would be “about more than what was originally planned”.

  • Largest Investment Ever in Hungary Signed with CATL

    Largest Investment Ever in Hungary Signed with CATL

    • 15 Aug 2022 10:26 AM

    The largest ever investment project in Hungary will be carried out under an agreement signed with Chinese battery producer Contemporary Amperex Technology (CATL) which will set up its second European plant in Debrecen, in eastern Hungary.