Investment in the future despite difficult market environment: SEG Automotive builds new plant in Hungary
- Global automotive supplier lays foundation stone for new factory in Hungary with Péter Szijjártó, Minister of Foreign Affairs and Trade
- Hungarian government and SEG Automotive sign strategic agreement for close cooperation
- The new plant will be running at full capacity by July 2021
The automotive industry is facing the greatest transformation in its history. SEG Automotive continues to focus on growth and is investing in a new plant in Hungary. The global automotive supplier celebrated the laying of the foundation stone with the Hungarian Minister of Foreign Affairs and Economics, Péter Szijjártó, and many of its local partners. In addition, the Hungarian government and SEG Automotive signed a strategic agreement for close cooperation.
Strategic agreement with the Hungarian government
The importance of SEG Automotive as a major employer in the region is also demonstrated by Minister Péter Szijjártó's attendance ceremony. He also signed an agreement with the Hungarian unit of SEG Automotive on strategic cooperation and intensive dialogue to promote the region.