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.
Professional Services Scientific, Architectural And Engineering Technical Activities Scientific Research And Development 72 - Scientific research and development
130 jobs Number of planned job creations
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.
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