# Magna to build new plant in Vecsés, Hungary

Magna International will build a new plant in Vecsés, Hungary, to produce structural bodywork items for Mercedes-Benz and BMW. The investment is up to EUR 50 million.

- Type: New facility
- Announced: 2023-05-12
- Where: Vecsés, Pest county, Hungary
- Value: $54.5M (50.0M EUR)
- Status: announced
- Products: structural bodywork items
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Magna International](https://endata.com/companies/2534.md)
- [Mercedes-Benz](https://endata.com/companies/1875.md) (customer)
- [BMW](https://endata.com/companies/13009.md) (customer)

## Sources

- [marklines.com](https://www.marklines.com/en/news/287970), 2023-05-12: "Magna will invest up to EUR 50 million to build a new plant in Vecsés, Hungary, to produce structural bodywork items to serve demand by Mercedes-Benz and BMW."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.