The HUF 70 billion center, with a research laboratory and testing environments on an area of 14,000 sqm, was established by expanding the Robert Bosch Budapest Development Centre. It features a 10,000 sqm test track for trying out ultrasound-, radar- and camera-based driver support systems. 

The new campus will play a "decisive role" in the development of solutions for electromobility and automated driving, Bosch group's regional head István Szászi said.

Bosch chairman Stefan Hartung said the Budapest Development Center has become one of the company's "flagships" and an "innovation leader in the international automotive industry".

Speaking at the ceremony, Prime Minister Viktor Orbán commended the Hungarian engineers, developers, and researchers at Bosch for their work.

"Your talent, zeal, and accomplishments were the main reason Bosch brought this center here and built it," he said.

He also acknowledged the schools and teachers that trained those engineers.

Orbán thanked Bosch's German executives for "considering Hungary their friend" and noted the scale of the activities the company conducts in the country. 

He said there will be no energy shortage in Hungary, "as a matter of fact". Not a single factory will be shut down because of any shortage of energy, he added.

Orbán warned that Europe has "run out of energy" and said "fundamentalist greens" and "bureaucrats playing geopolitical games" need to be convinced not to exclude the possibility of tapping various energy sources.