by The Huffington post staff writer and editorA monument to Sanel auto Parts is located in the city of Bosch, Austria, on May 10, 2019.
The company, which manufactures cars, trucks, buses and motorcycles, was founded in the late 1970s in Austria and has since expanded into other markets such as building and manufacturing.
It is one of the world’s most valuable companies, worth about $9 billion, according to Forbes magazine.
In May 2019, Sanel announced it was closing its plant in Bosch and shifting operations to another site.
The move would cost it $3.5 billion, the company said.
Sanel’s new site is in a region of Austria known as the “Bosch Belt” where it is one part of the country’s economy.
The region, which stretches from the capital, Vienna, to the east and the city center, is home to some of the wealthiest cities in Europe.
It is not the first time that the company has been considering its future location in the region.
In 2016, the Austrian government allocated $400 million to help develop the area, according the Austrian daily Der Standard.
It was not immediately clear how the company planned to move its business.
In 2018, Sanesco announced that it was expanding operations to an industrial park in the western Austrian town of Bratislava, a project that had previously been stalled due to the financial crisis.