Bosch opens €3 mln development center in Miskolc
Germany's Bosch group opened a new €3 million power tool development center in Miskolc, northeast Hungary on Thursday.
The new development center includes an EMC test laboratory able to measure electromagnetic emissions and vibrations, and a noise measurement room. Bosch has had a development department in Miskolc since 2002, when power tool production started. The development department has already produced several innovations, such as the world's first lithium-ion technology multi-functional power polisher, Schultze said.
Bosch's power tool turnover increased 6% worldwide in 2005 to €2.7 billion. The group had a turnover €41.5 billion, including revenue of €736 million in Hungary in 2005.
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