# Bosch to invest EUR 43.3M in Miskolc power tool plant expansion

Robert Bosch Power Tool Ltd. is investing 14 billion forints (EUR 43.3 million) to establish a European competence centre and expand tool assembly capacity in Miskolc, Hungary.

- Type: Expansion
- Announced: 2018-12-04
- Where: Miskolc, Hungary
- Value: $49.0M (43.3M EUR)
- Status: announced
- Products: electric power tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Robert Bosch Power Tool Ltd.](https://endata.com/companies/19310.md)

## Sources

- [2015-2019.kormany.hu](https://2015-2019.kormany.hu/en/ministry-of-foreign-affairs-and-trade/news/bosch-to-realise-14-billion-forint-investment-in-miskolc), 2018-12-04: "Bosch will be performing a significant technological development project at a value of 14 billion forints."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.