German engineering to electronics company Bosch to spend 44 million euros ($50.3 million) in Hungary operations and create new job opportunities.
With the investment, Bosch will build a new battery manufacturing facility in Miskolc.
The new production facility, which is expected to occupy 20,000 square metres, will create as many as 1200 new jobs.
In 2017, Bosch generated $89.2 billion in revenue and operating income at $6 billion.