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Trade Minister: Bosch Automotive Steering Expands North Hungary Plant

MTI-Hungary Today 2021.07.16.

Bosch Automotive Steering Bosch is expanding its plant in Maklár, in northern Hungary, with three investments totaling 52.5 billion forints (EUR 146m) that will create 180 jobs, the minister of foreign affairs and trade said on Friday.

The government is supporting the investment with 12.250 billion forints, Péter Szijjártó told a press briefing.

Bosch Building HUF 6 Bn Regional Service Centre in Vecsés
Bosch Building HUF 6 Bn Regional Service Centre in Vecsés

German engineering giant Bosch is building a 6 billion forint (EUR 16.8m) regional service centre in Vecsés, on the outskirts of Budapest, the minister of foreign affairs and trade said on Monday. The investment that will create 225 jobs is receiving a 2.1 billion forint government grant, Péter Szijjártó said. The service centre will provide […]Continue reading

The investments cover all Bosch’s activities, from research and development to production, including a new generation of electric steering necessary for autonomous cars, the minister noted. It also gives a boost to the Hungarian automotive industry’s transition to a new era, Szijjártó added.

Featured photo by Zsolt Szigetváry/MTI