The Hungarian government announced it wants to give investments related to the German carmaker Daimler and the Japanese tire maker Bridgestone “special significance.” According to a plan published on the government’s website, the aim is to help make the administrative procedures related to these companies’ regional investments run as quickly and smoothly as possible.
Last March, Daimler opened an €800m plant in Hungary and announced plans to add a new model to its production line this spring. Meanwhile, Bridgestone has plans to extend its base in Tatabánya in a €267m investment. The extension is expected to be completed in 2017.
