Bosch Group in Hungary Celebrates First Milestone in Construction of New Headquarters

The Bosch Group, a leading global supplier of technologies and services, marked an important milestone in the construction of its new headquarters in Budapest with a topping-out ceremony on June 14, 2012.
The total size of the new headquarters with two main buildings will be almost 32,000 square meters. As this project is making rapid progress, the first building will be completed in spring 2013. The second phase starts this year and is set for completion in 2015.

The new complex will house the Bosch Engineering Center Budapest, which is the innovation base for Bosch automotive technology developments. It operates at present with a workforce of 700 engineers in a rented building on Gyömrői út. Bosch expects a further growing workforce for its Hungarian Engineering center:

The new headquarters will also house several other operations, including the commercial and administration departments for the automotive aftermarket and power tools divisions, and drive and control technologies from Bosch Rexroth.