Photo: BMW
Hungary, one of the most important East European production hubs for Western carmakers, will be the site of a new production facility for BMW.
The Germans said on Tuesday that Debrecen will be the place where, after a hefty investment, a plant with only one production line will be rolling out 150,000 units a year of yet unspecified models.
BMW is ramping up efforts all across the world to get its production lines ready for the next generation of vehicles, and to that end it will be investing over the following years more than €1 billion in the plants it operates and the creation of new ones.
“The BMW Group’s decision to build this new plant reaffirms our perspective for global growth,” said in a statement Harald Krüger, BMW chairman of the board.
“After significant investments in China, Mexico, and the USA, we are now strengthening our activities in Europe to maintain a worldwide balance of production between Asia, America and our home continent.”
The new Hungarian plant will employ some 1,000 people, and it will be producing both conventional and electric-drive cars. No date has been set for the completion of the facility or the start of production.
BMW says it selected Debrecen for its very good infrastructure, suitable logistics connections and proximity to the established supplier network. The facility will supplement the representative office established in Hungary in 2004.
Part of the NUMBER ONE > NEXT expansion strategy of the carmaker, Debrecen will be operating state-of-the-art assistance systems, automation, and flexible logistics applications.
As said, Hungary is a magnet for foreign carmakers. Currently, there are facilities there operated by Mercedes-Benz, Suzuki, and Audi. BMW's Tuesday announcement follows the one made in June by Mercedes-Benz, who is in the process of building a new plant in Kecskemét.
One billion euros ($1.17 billion) is to be invested by Mercedes in the construction and fitting of a press shop, a body-in-white shop, a paint shop and an assembly hall.
BMW is ramping up efforts all across the world to get its production lines ready for the next generation of vehicles, and to that end it will be investing over the following years more than €1 billion in the plants it operates and the creation of new ones.
“The BMW Group’s decision to build this new plant reaffirms our perspective for global growth,” said in a statement Harald Krüger, BMW chairman of the board.
“After significant investments in China, Mexico, and the USA, we are now strengthening our activities in Europe to maintain a worldwide balance of production between Asia, America and our home continent.”
The new Hungarian plant will employ some 1,000 people, and it will be producing both conventional and electric-drive cars. No date has been set for the completion of the facility or the start of production.
BMW says it selected Debrecen for its very good infrastructure, suitable logistics connections and proximity to the established supplier network. The facility will supplement the representative office established in Hungary in 2004.
Part of the NUMBER ONE > NEXT expansion strategy of the carmaker, Debrecen will be operating state-of-the-art assistance systems, automation, and flexible logistics applications.
As said, Hungary is a magnet for foreign carmakers. Currently, there are facilities there operated by Mercedes-Benz, Suzuki, and Audi. BMW's Tuesday announcement follows the one made in June by Mercedes-Benz, who is in the process of building a new plant in Kecskemét.
One billion euros ($1.17 billion) is to be invested by Mercedes in the construction and fitting of a press shop, a body-in-white shop, a paint shop and an assembly hall.
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