In an effort to increase production and move towards carbon-neutral operations, Suzuki, a prominent Japanese car manufacturer, is injecting EUR 24 million into its Esztergom facility in Hungary. The Hungarian government is backing this endeavor with a financial aid of EUR 4.88 million. With plans to implement state-of-the-art machinery and broaden capacity, Suzuki aims to secure Hungary’s economic growth and generate at least 3000 jobs while minimizing environmental impact. The announcement also signifies a further strengthening of Japanese business interests in Hungary. Notably, Suzuki’s Esztergom factory already commands a significant 12.5% market share, thus contributing to Hungary’s emergence as a key player in the European automotive industry.
Source: hungarytoday.hu
