Mercedes-Benz Opens Europe’s Largest Plant in Hungary After EUR 1 Billion Expansion
The plant will start building the electric C-Class and aims to raise annual output to 350,000 cars and expand its workforce to 9,000-10,000.
- On Monday, Prime Minister Magyar inaugurated a new production unit at the Mercedes-Benz Manufacturing Hungary Kft plant in Kecskem, which will begin manufacturing the electric version of the Mercedes C-Class.
- The Kecskem plant currently produces over 100,000 vehicles annually with 5,000 workers, with long-term goals aiming to increase annual production to 350,000 cars and expand the workforce to between 9,000 and 10,000 employees.
- Hungary offers a stable economic environment and competitive tax system to attract investment, Prime Minister Magyar emphasized, noting the government views this facility as an opportunity for domestic companies to integrate into global supply chains.
- Respect for Hungarian workers remains a priority, The Prime Minister stressed, asserting that manual laborers deserve fair wages and safety, noting that partnership must remain a two-way street between the state and companies.
- Following the announcement, Magyar drove an electric Mercedes to the ceremony venue with Ola, the global CEO of Mercedes-Benz, as the government aims to maintain a predictable, cooperative relationship with all companies investing in the country.
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The expanded Mercedes-Benz factory in Kecskemét has ceremoniously begun production.
German carmaker Mercedes-Benz has invested one billion euros in the expansion of its factory in Hungary, where it will produce new electric C-Class vehicles. Once the expansion is complete, it will be its largest production facility in Europe.
Driving into the future: Mercedes shifts into high gear in Kecskemét
With the new facility inaugurated on Monday, the largest Mercedes plant in Europe and the second largest in the world has been established at the Kecskemét factory, Prime Minister Péter Magyar announced in Kecskemét.
In Hungary the production of the electric Mercedes C-Class starts. The Swabians invested one billion euros in Kecskemét and at the same time reorganize their European production network.
Mercedes is expanding the plant in Kecskemet to become Hungary's largest car factory. At the opening, the head of the company is full of praise. Employees in Germany are likely to be concerned about the development.
While fewer and fewer cars with Mercedes-stars are running off the grid in Germany, Hungary is becoming more and more. In the future, the assembly of new models will take place at the Hungarian site in Kecskemét.
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