Budapest, February 10 (MTI) – The Bosch group is planning to carry out a 19 billion forint (EUR 61m) investment project in its Hatvan plant, north-east of Budapest, Foreign Minister Peter Szijjarto said on Wednesday.

bosch-hungary-2The investment project will create 601 jobs and the government is providing a 4.7 billion forint non-refundable subsidy, he told a press conference.

The minister said the investment is all about “high-tech production” starting in the city, including production of state-of-the-art central control units for new generation electric and hybrid cars, new types of long- and medium-range radars and various sensors, he added.

Photo: MTI


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