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Carmaker OPEL To Expand Engine Production In Hungary

Tamás Székely 2015.06.18.

General Motors-owned carmaker Opel will add 17 new engine models to its offer by 2018, most of which will be made at its plant in the the town of Szentgotthárd, in Western Hungary, vice president Peter Küspert said. Küspert was speaking at a celebration held on the occasion that the eight-millionth engine was manufactured at the unit. The company expects demand in small petrol engines to grow in the coming period, with this line expected to account for half of the Flex engine factory’s output next year, Küspert said.

In March the Economy Ministry said that Opel would receive 154 million forint (EUR 507,000) government subsidy for the establishment of a training centre at its base in Szentgotthárd. As a result, the company will increase the number of apprentices by fifty and it will also add to the teaching staff. The education centre will ensure professional training for about 100 students at once and also offer trainings for another 100 students in the dual education. The center is scheduled to open this fall.

Opel’s Hungarian unit has been producing car engines and components for more than 20 years. The company has so far invested 1.5 billion euros in Hungary, manufacturing 8 million engines and 6 million cylinder heads in Szentgotthárd since 1992. The latest trade surplus data released by the Central Statistical Office (KSH) shows that carmaker companies, including Opel, make a big contribution to the upward trend in Hungary’s foreign trade results.

via hungarymatters.hu and MTI photo: totalcar.hu

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