Javier González Pareja (pictured), managing director of the Hungarian unit of Bosch, noted that Hungary is of strategic importance for the global research and development goals of Bosch. He added that Bosch has a headcount over 10,000 in Hungary and the newly opened training center would provide education services to approximately 5,000 employees a year.

Hungary’s foreign minister Péter Szijjártó said at the inauguration ceremony that Hungary anticipates spending HUF 50 bln to establish 2,000 vocational training workshops and a further HUF 700 bln on research and development during the current European Union budget cycle.

González Pareja was recognized as the most important foreign CEO in Hungary at a gala on February 3 to present the first annual BBJ/HIPA Expat CEO Awards.