Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
In the course of 2008 German engineering company Bosch will invest €31 million and hire 130 more engineers at its R+D centre in Budapest, which was opened in 2000. The R+D centre is divided into five departments, where automobile-industry technology, such as rain and sunlight sensors, ultrasound parking systems and ABS anti-lock braking systems, are developed and tested. The company plans to increase the number of mechanical and electrical engineers employed at the facility to 450 from the current 320 by the end of 2008 and to hire even more engineers in 2009, the exact number of which is not clear yet.
Eurofound (2008), Robert Bosch Kft. Budapesti Fejlesztési Központja, Business expansion in Hungary, factsheet number 66877, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66877.