March 26, 2024

Schedl Group – Investments at two locations

The Schedl Group – the specialist in the assembly and in-sequence delivery of complete wheels – is making parallel greenfield investments at two locations.

Schedl Group is investing a total of around HUF 40 billion (approx. EUR 100 million) and will create 160 jobs in Kecskemét and Debrecen from 2025. The automotive industry supplier will be a production partner for Mercedes-Benz and BMW in both cities from 2025. The state will grant subsidies totalling HUF 2 billion (EUR 5 million).