Wabco Automotive moves its headquarters to Bern
Wabco Automotive, a supplier of braking and driving systems for utility vehicles, will move its global headquarters to Bern (Switzerland). The US company has so far run its global business from Brussels (Belgium).
In a first phase, members of the executive management, including CEO and the chairman of the board of directors, will relocate to Bern. The company also plans to invest in research and development for a major expansion of its «autonomous driving» department in the canton of Bern.
In a second phase, it intends to found a technology competence centre in cooperation with representatives from the universities and Swiss federal authorities. The existing Brussels office will house the newly created business unit for markets in Europe and the Middle East. (mw)