Bosch Group to invest in Slovakia, expanding production of components for electric bikes

The Bosch Group, an engineering and technology German company, will invest in Slovakia, the Economy Ministry has confirmed. Former economy minister Richard Sulík (SaS) talked about the investment for the first time in late August, adding that the final decision would come in late September. The group’s Bosch Electrical Drives division will expand its production of components for its electric bikes, known as Bosch eBike Systems, in eastern Slovakia.

Slovakia is an attractive location for business due to its "sustainability," Economy Minister Karel Hirman said. Bosch has decided to expand its business in rented premises. The specific location will be decided on shortly. This is great news not only for Slovakian workers but also for those who are passionate about electric bikes! Thanks to Bosch's investment, we can look forward to even more advancements in this growing industry!