In September, Opel opened a new €500m factory in Szentgotthárd in western Hungary, an investment the Hungarian government supported with HUF 5.5bn in funding. The factory was intended to add 800 jobs to the local market, with company officials said that operations would begin in December.
That news has become more important in the light of recent admissions by the automobile manufacturer, which says it will be dismissing around 2,600 workers by the end of the year. Most of those job cuts will take place in Germany. Opel and its British brand, Vauxhall employs more than 40,000 people all together.
Opel is owned by General Motors, which have experienced an annual 13 percent decrease in the selling of European cars compared to the previous year. Production has decreased over this period from 900,000 to 700,000 as well.
