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BRIEF-Mercedes to finish new Hungary plant by end of decade
July 29, 2016 / 8:36 AM / a year ago

BRIEF-Mercedes to finish new Hungary plant by end of decade

July 29 (Reuters) - Daimler Ag

* Hungary foreign minister says has offered 12.9 billion forints ($45.84 million) worth of incentives to Daimler for new plant, talks on that still in progress

* New Mercedes-Benz plant to boost Hungarian exports by 3 percent -foreign minister

* Hungary foreign minister says new Mercedes plant could add 0.4 percent to Hungary’s economic output when it reaches full production

* Mercedes-Benz plans to finish new investment in Hungary by the end of the decade -board member Schafer Further company coverage: ($1 = 281.4 forints) (Reporting by Gergely Szakacs)

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