Article: Hungary: Mercedes-Benz to built new plant in Hungary.

Byline: pinto03

Mercedes-Benz has announced that it will build a new plant in Hungary. The new plant will aim to boost competitiveness and gain access to potential markets in Eastern Europe, as well as boosting the company s efficiency.

Based at Kecskemet in Hungary, the new plant will complement an existing one in Rastatt and Rainer Schmuckle, chief operating officer of Mercedes-Benz Cars, said both will play an important role.

He said production of the next generation of premium compact cars would begin in Rastatt, while the new E800 million(USD 1.2 BN) plant ...

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