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The new production plant of MATE inaugurated in Túrkeve
The new production plant of MATE, belonging to the Samvardhana Motherson Group (SMG), has been inaugurated in Túrkeve, Hungary. The Indian company's newest unit, specialised for injection moulded plastic parts, has been constructed at a floor area of 12,000 square metres through an investment of EUR 16 million, and created 100 new jobs.
The new factory in south-eastern Europe got time: The Company from Wolfsburg should fill the existing plants first.
To Turkey or Bulgaria? The discussion on this does not seem to be ending in Wolfsburg. Where should the Volkswagen Group locate its long-planned new multi-brand plant? Better in Bulgaria, because EU membership promises more legal certainty? Or is Turkey more promising in the end, because it attracts a larger sales market?