Bosch has opened a EUR20m (US$27m) manufacturing facility for automotive technology at its location in Miskolc, Hungary.
The new facility belongs to Hungarian subsidiary, Robert Bosch Energy and Body Systems that manufactures automotive technology such as wiper systems, air- conditioning components, starters and alternators.
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Bosch says Miskolc is becoming the largest European plant of its Bosch divisions, electrical drives, starter motors and generators, while production of e-bike drives would also take place at Miskolc and Hatvan.
Some 25 bicycle manufacturers already use Bosch e-bike technology, or have announced they will use it. By 2014, it is expected the workforce at Robert Bosch Energy and Body Systems in Miskolc will rise from its present level of roughly 1,900 to 3,000.
The Bosch Group currently employs 8,000 staff in Hungary. In 2010, sales in the Hungarian market were EUR430m.

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By GlobalData