Bosch invests HUF 9.3 bln in plant expansion
Robert Bosch Energy and Body Systems is investing HUF 9.3 bln in a capacity expansion at its plant in Miskolc, northeastern Hungary, the unit of German engineering giant Bosch said on Wednesday, according to Hungarian news agency MTI.
The unit is being awarded a HUF 1.4 bln government grant for the project, Minister of Foreign Affairs and Trade Péter Szijjártó said. The investment will also create 425 jobs, he added.
The plant in Miskolc manufactures starter motors, relays and electric drives for the automotive industry.
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