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.

  • LG & Magna Investment To Create New Jobs In NE Hungary

    LG & Magna Investment To Create New Jobs In NE Hungary

    • 6 Dec 2023 6:53 AM

    A consortium of South Korea’s LG and Canada’s Magna is investing 20 billion forints (EUR 52.7m) in building its first European plant turning out parts for electric cars, in Miskolc, in north-east Hungary, the foreign minister said in Budapest.

  • Hungary is Among Winners of New Economic Era in Europe, Declares FM

    Hungary is Among Winners of New Economic Era in Europe, Declares FM

    • 5 Dec 2023 6:57 AM

    Hungary is among the winners of the transition to the electric car industry thanks to the government developing the best possible cooperation with market players, the foreign minister, Péter Szijjártó, told an event announcing an investment by US company BorgWarner.

  • Mercedes to Hire 3,000 New Personnel in Hungary

    Mercedes to Hire 3,000 New Personnel in Hungary

    • 4 Dec 2023 2:48 PM

    Mercedes-Benz Manufacturing Hungary will hire 3,000 workers in Kecskemét in order to fully utilise new production units, CEO Christian Wolff told Portfolio in an interview.