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| Csaba Krizsán/MTI

Audi to set up new division in Hungary

Dec 5, 2011

As announced on Monday, the Hungarian unit of German carmaker Audi is to invest over HUF 2 billion (EUR 6.64 m) in a new vehicle development division in the northwestern Hungarian town of Gyõr. The new facility will create 70 jobs.

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Audi invests USD 1.26 bn in Hungary

German carmaker Audi will invest up to EUR 900 million to extend its production site in Hungary, creating 1,800 new jobs, Audi Chairman of the Board of Management Rupert Stadler and Hungarian Prime Minister Viktor Orbán announced at a press conference recently.

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