Bosch may transfer production to Hungary?

According to Swedish evertiq.com internet site the German based Bosch may transfer production from its plants in France to Hungary or Spain.

The plant that is most threaten is the
Beauvais plant in France. The Beauvais plant currently employees 240
people. According to local media Bosch recently said that the company
plans revamp its braking systems business. With this decision five
production facilities in France will be affected.

The Bosch Group is a leading global
supplier of technology and services, generated sales of EUR 46.3
billion in fiscal 2007. It has more than 300 subsidiaries and
regional companies in roughly 50 countries. In Hungary, Bosch has
five subsidiaries, with a 7,000-strong staff and combined revenues of
EUR 191 m in 2006. Robert Bosch Kft. deals in development and markets
goods in Hungary and the former states of Yugoslavia. Bosch has four
manufacturing units in Hungary, in Eger, Hatvan, Kecskemét and
Miskolc.