Mercedes may also participate in the MNB's bond program

Mercedes-Benz Manufacturing Hungary Kft. Has completed the qualification required for participation in the bond program of the Hungarian National Bank. Based on the rating of its parent company, it has also been certified with a stable outlook from Scope Ratings. The ltd. It plans to issue a $ 40 billion bond with a seven-year maturity.

Mercedes-Benz Hungary's interests in 2020 are looking forward to a good year, based on the growing demand for compact cars globally. The Kecskemét factory will be operating at full capacity this year, and more and more electric models are coming in - company executives announced in late February.

Christian Wolff, Mercedes-Benz ManufacturingAccording to Christian Wolff, Managing Director of Mercedes-Benz Manufacturing Hungary Kft., 190,000 cars were manufactured in Kecskemét and 3 new models were launched in 2019. The company's net sales were € 3.7 billion, up 2.7 percent from 2018.

The Kecskemét plant plays a significant role in the global production network of Mercedes-Benz. They use and test new production technologies that are later adopted and applied by other sites in the production network. The CEO emphasized that in 2020 the production program of the factory will be saturated and will continue to operate at full capacity this year.

In 2020, the Kecskemét factory is already taking a number of years on the road leading to the production of electric vehicles.

source avtopro hu