Bosch has been present in Hungary since 1898 with its products. After its re-establishment as a regional trading company in 1991, Bosch has grown into one of Hungary’s largest foreign industrial employers with currently nine subsidiaries. In fiscal 2019 it had a total turnover of HUF 1,465 billion and consolidated sales of the Bosch Group on the Hungarian market. The Bosch Group in Hungary employs more than 15,000 associates (as of December 31, 2019). In addition to its manufacturing, commercial and development business, Bosch has a network of sales and service operations that covers the entire country. Robert Bosch Kft., founded in 1991, is a commercial operation involved in sales and customer service for vehicle parts, vehicle diagnostic equipment, power tools, thermotechnology equipment and security systems. The Bosch European Transport Management Center also operates here. The Engineering Center Budapest was founded in 2005 and now has more than 2700 employees, making Hungary Bosch’s largest R&D location in Europe after Germany in terms of automotive engineers.