Image source: Audi AG
German automotive giant Audi has announced that it will invest €126-million in its plant in Győr in western Hungary in order to increase production capacity.
As well as bringing additional jobs, making the total around 13,000 employees, the investment could contribute to a new record in Hungarian exports.
“Thanks to the investments of recent years, Hungary is now among the leaders of the new automotive industry, and has acquired investors from both East and West amidst stiff competition through its economic policy measures,” said Minister of Foreign Affairs and Trade Péter Szijjártó.
Audi Hungaria has taken a lead role in electromobility inside the Audi Group.
“The production of electric drive systems will be increasing significantly at the Győr plant, and by the end of 2022 the development centre will also be improved with a new workshop and test benches”, explained Achim Heinfling, chairman of the board of Audi Hungária.
The rapid rise in awareness amongst European consumers, as well as environmental legislation has meant that the race to bring electric vehicles into the mainstream is well and truly on.
“While standing on the side of rationality, Hungary regards both the future of the earth and Europe’s competitiveness as important, and accordingly it is supporting an economic policy at European level that does not ruin the environment or the continent’s industry,” added Minister Szijjártó.
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