Robert Bosch to receive government incentives of up to 44 million crowns
German automotive supplier Robert Bosch in will receive government incentives totalling up to 44 million crowns to expand production and establish a technological centre at České Budějovice. The government approved the plan on Wednesday, Prime Minister Bohuslav Sobotka wrote on his Twitter account. According to him, the investment could create up to 620 new jobs. The company plans to invest 2.2 billion crowns to expanding production and expanding its development centre. Robert Bosch is the biggest mechanical engineering company in South Bohemia. Last year it increased its turnover by 23 percent to 18.3 billion crowns.