Daimler Lays Cornerstone for EUR 800 Million Plant in Hungary

German car maker Daimler on October 16 laid the cornerstone for a EUR 800 million plant in the Hungarian city of Kecskemet.

German car maker Daimler on October 16 laid the cornerstone for a EUR 800 million plant in the Hungarian city of Kecskemet.
Daimler's investment in Hungary says much about their confidence in Hungary, Prime Minister Gordon Bajnai said at the ceremony.
Daimler announced in June of 2008 that it chose Hungary for the site of the plant, which will make next-generation Mercedes A- and B-Class compact models. The plant is expected to employ 2,500 staff to turn out an annual 100,000 vehicles from 2012.

 

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