SOUTH AFRICA > Germany based Mercedes- Benz Cars is set to invest €600 million ($705.09 million) in East London, South Africa

Mercedes Benz logo Including the construction of a new paint shop and a new body shop, Germany based Mercedes- Benz Cars is set to invest €600 million($705.09 million) in East London, South Africa. The investment also will include an upgrade of the assembly shop and new logistic warehouses. The new building will comprise an area of approximately 100.000 sqm. which reflects the addition More …

HUNGARY >  Mercedes-Benz is set to invest 1 billion euros ($1.18 billion) in “Full-Flex Plant“ in Kecskemét, Hungary creating over 2500 jobs

Mercedes Benz logo Starting its construction of first “Full-Flex Plant“ in Kecskemét, Hungary which is about 90 km in the south of Budapest, Mercedes- Benz is basing the plant on its newly introduced “Factory 56” principles which is a principle to digitized consistently, designed for sustainable production and puts the human right at the center of all activities. The total investment of the More …

RUSSIA > Germany’s Daimler to build car plant in Russia for Mercedes-Benz with $264.04Mn investment

Unternehmenszeichen_Abb_03 Germany based Daimler is set to invest €250Mn ($264.04Mn) in new car plant for Mercedes-Benz in Russia creating more than 1000 jobs. The plant is planned to be built at Esipovo Industrial Park, about 40 kilometers northwest of Moscow. Daimler expects its first cars to leave the assembly line in 2019.   About Mercedes-BenzMercedes-Benz is a global automobile manufacturer and a More …

HUNGARY > Mercedes to Invest $1.1bn on Second Plant in Hungary Creating 2,500 New Jobs

mercedes-benz-logo-2011 Stuttgart, Germany based Mercedes, a subsidiary of the Daimler group, said it will spend €1bn ($1.1bn) for second factory in Hungary, creating approximately 2,500 jobs. Mercedes-Benz has been producing compact cars at its facility in a place called Kecskemét, 70 km (44 miles) south of Budapest, since 2012. According to Mercedes-Benz, the plant in Kecskemét has been producing compact front-wheel-drive More …