Bosch Revenue in Hungary Little Changed in 2023

Manufacturing

German engineering giant Bosch's group-level revenue in Hungary totaled HUF 2.207 trillion last year, down 2% from 2022, the company said on Thursday, according to a report by state news wire MTI.

Excluding sales to other companies in the group, turnover in Hungary rose 9pc to HUF 343 bln. 

The headcount stood over 18,300 at year-end. Research positions came to 3,900.

Bosch spent HUF 136 bln on R&D in Hungary last year, up 21% from the previous year.

CAPEX amounted to HUF 145 bln.

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