Bosch May Bring Production From UK To Hungary

  • 29 May 2019 7:58 AM
  • Hungary Matters
Bosch May Bring Production From UK To Hungary
Bosch is considering a plan to close down its garden tools factory in the UK and relocate production to Miskolc, the BBC reported.

The relocation would be based on business considerations and has nothing to do with Brexit, Bosch underlined.

Profitability could not be improved at the UK factory but could be greater at Bosch’s factory in Miskolc.

Research and development would remain in Stowmarket, while actual manufacturing would be brought to Hungary.

  • How does this content make you feel?

XpatLoop Media Partner

Hungary Matters

Launched in January 2014, this newsletter published on week days covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI.

  • International Corporate Community Continues to Trust Hungary, Declares FM

    International Corporate Community Continues to Trust Hungary, Declares FM

    • 13 Sep 2024 7:26 AM

    Continuous investment records prove that the players in the international corporate world continue to trust Hungary, Minister of Foreign Affairs and Trade Peter Szijjártó said on Thursday in Budapest when announcing a HUF 9bn investment by Dutch-owned Aalberts Surface Technologies.

  • Quiet Quitting Phenomenon on Rise in Hungary

    Quiet Quitting Phenomenon on Rise in Hungary

    • 4 Sep 2024 6:06 AM

    Negative internal communication reduces employee loyalty and increases the intent to "quietly quit" in Hungarian businesses. This also diminishes the company's performance, as researchers from Corvinus University and their foreign colleagues have found.

Enjoy more

business CHANNEL SPONSOR

Share your story

We're interested in your stories, and photos, related to expat life in Hungary. Your contributions, and Press Releases, are invited for review before publication in the loop.