Type
Business expansion
Country
Hungary
Region
Kozep-Magyarorszag; Kozep-Magyarorszag; Budapest
Location of affected unit(s)
NA
Sector
Professional Services
Scientific, Architectural And Engineering Technical Activities
Scientific Research And Development
72 - Scientific research and development

130 jobs
Number of planned job creations
Job creation
Announcement Date
19 June 2008
Employment effect (start)
19 June 2008
Foreseen end date
31 December 2008

Description

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.


Sources

  • 19 June 2008: Budapest Business Journal

Citation

Eurofound (2008), Robert Bosch Kft. Budapesti Fejlesztési Központja, Business expansion in Hungary, factsheet number 66877, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66877.