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Bosch set to invest €77mn in R&D in Germany

August 10, 2018

The Germany-based company, Bosch, is set to invest €77mn ($89mn) on expanding its existing research and development centre in Schwieberdingen, electrive.com reports.

It is anticipated that the money will be spent on developing new offices for employees that work on electric transport solutions.

The firm is expected to spend €27mn of the figure this year with the remaining €50mn set to be invested the year after.

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