Robert Bosch

Type
Business expansion
Country
Hungary
Region
Közép-Magyarország; Budapest; Budapest
Location of affected unit(s)
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
27 - Manufacture of electrical equipment
27 - Manufacture of electrical equipment
240 jobs
Number of planned job creations
Job creation
Announcement Date
19 October 2005
Employment effect (start)
19 October 2005
Foreseen end date
19 October 2008

Description

Robert Bosch GmbH opened a development center in Budapest. Bosch, the world's its 120-strong workforce by 2008. The company set up its first development center in Hungary in 1999. Bosch will have spent €150 million between 2003 and 2006 to expand Hungarian operations.

Sources

  • 19 October 2005: Népszabadság
  • 19 October 2005: Világgazdaság

Citation

Eurofound (2005), Robert Bosch, Business expansion in Hungary, factsheet number 62425, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62425.