Five top managers of Bosch in Portugal, counting Carlos Ribas, who had led the company's operations for nine a long time, were rejected for charged genuine offense related to the disgraceful receipt of European endowments. The occurrence rotates around the THEIA advancement venture, created in organization with the University of Porto, which pointed to progress the tangible capabilities of independent vehicles.
The project, which began in July 2020, received around 17 million euros in public support out of a add up to speculation of 28 million euros. In any case, issues emerged when it was found that a few of the 55 workers enlisted for the venture, whose compensations were somewhat supported by open awards, had been working on other ventures. Carlos Ribas was made mindful of the issue and detailed it to Bosch's compliance office, which started an inner examination.
Despite the company's initial approval to yield the ultimate installment ask, Bosch's parent company propelled a assist examination into the matter. The examination eventually driven to the rejection of the five directors with fair cause, meaning they were not entitled to emolument or unemployment benefits. Four of the expelled supervisors have recorded claims against Bosch, seeking compensation for their terminations.