German Manufacturers Shift Production to Hungary Amid Cost Pressures

Why German Manufacturers Prefer Hungary

The German automotive industry is facing significant cost pressures. To remain competitive internationally, manufacturers are increasingly shifting their production to low-wage countries in Europe. One example of this trend is the recent expansion of Mercedes-Benz’s plant in the central Hungarian city of Kecskemét. With an investment of over one billion euros, the facility was officially […] The post Why German Manufacturers Prefer Hungary appeared first on Hungary Today.

By Hungary Today