Szijjarto attends cornerstone-laying ceremony of BMW plant in E Hungary

The construction of BMW's new plant in Debrecen, in eastern Hungary, a 400 billion forint (EUR 1.0bn) investment creating over 1,000 jobs, is a symbol of the successful economic policy of the past 12 years, the minister of foreign affairs and trade said on Wednesday, at the plant's cornerstone-laying ceremony. Peter Szijjarto told the event that after preparatory works since 2018, the construction of the plant's buildings has now started. Production of a new, fully electric BMW model will start in 2025, with some 150,000 vehicles turned out each year, he said.