New HUF 47 Billion Automotive Plant to be Built in Debrecen

  • 26 Aug 2021 8:21 AM
  • Hungary Matters
New HUF 47 Billion Automotive Plant to be Built in Debrecen
German automotive company Vitesco Technologies is to build a 47 billion forint (EUR 134m) plant in eastern Hungary, under a new agreement.

Vitesco will build the 7,000sqm plant at a greenfield site..Hungary’s government is supporting the investment, which will create 450 jobs, with a 10.5 billion forint grant.

Vitesco opened another plant making automotive industry electronics in Debrecen earlier this year.

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