Bosch will produce motors for electric bicycles in Prešov
- Vladimír Dohnal
- Aug 25, 2022
- 1 min read
German company Bosch will build a new €200m plant for the production of motors for electric bicycles in Záborské near Prešov. The plant is to create 4,000 jobs within three years, and Economy Minister Richard Sulík estimates that its suppliers will employ another 4,000 people. Sulík expects that the government will provide the company with an investment incentive of €37m (a cash subsidy, not a tax break). Bosch is one of the global leaders in the e-bike market.
Bosch has a production plant in Michalovce called BSH Drives and Pumps, making electric motors and pumps for household appliances, with annual sales of €160-200m. In Bernolákovo near Bratislava, another plant with annual sales of €11m is renovating alternators.
(sme.sk)
Recent Posts
See AllThe €250,000 price of an apartment in Bratislava includes the cost of the land (€50,000) and the 5-year permitting process (€30,000),...
Volkswagen 's Bratislava plant tried to win production of the electric VW ID.1 model, but despite ranking well in internal VW plant...
Slovakia’s employment rate among the 20 to 64-year-olds rose to a record high last year and was higher compared to the EU’s average of...
Comments