BMW continues to expand its production network in Europe, with a new facility to be built in Hungary, close to the town of Debrecen.
The plant will come at an investment of approximately €1bn, and offer capacity of up to 150,000 units a year and create over 1000 new jobs.
“The BMW Group’s decision to build this new plant reaffirms our perspective for global growth,” says Harald Krüger, chairman of the BMW AG Board of Management. “After significant investments in China, Mexico and the US, we are now strengthening our activities in Europe to maintain a worldwide balance of production between Asia, America and our home continent. Europe is the BMW Group’s largest production location. In 2018 alone we are investing more than €1bn in our German sites to upgrade and prepare them for electric mobility.”
For further information www.bmwgroup.com