PRAGUE – Ricardo Group plans to spend €2.1 million ($2.5 million) to expand its research and development center in Prague, the Czech Republic. Employment at the operation will increase from 30 to about 200 people within the next two years, as part of the investment. The quality of Czech engineers and the long automotive tradition in the Czech Republic prompted Ricardo’s decision to expand here, says Clive Hickman, managing director of Ricardo Vehicle Engineering. “For this reason we ...

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