Software and service platforms from Bosch provide a solid foundation for installing and operating tailor-made solutions. Namely, managing dust can boost productivity. Robert Bosch's annual revenues are over $500 million (see exact revenue data).It is classified as operating in the Motor Vehicle & Motor Vehicle Parts & Supplies Merchant Wholesalers industry. “We hire directly from local universities and they are very technology-focussed – our plant is very modern and our specialism in automotive electronics naturally means we need the brightest technological minds in Romania.”. Statista. Cluj-Napoca – the unofficial capital of Transylvania and hub of north-western Romanian culture, history and commerce. This feature is limited to our corporate solutions. This is the Robert Bosch company profile. and over 1 Mio. Including sales and service partners, Bosch’s global manu- facturing, engineering, and sales network covers nearly every country in the world. “We have a very young and committed workforce determined to find the next solutions in automotive and mobility technology,” Kaschek adds. “Bosch I would say is one of the real technology companies,” says Kaschek. Such endeavours include long-term support for charitable organisations working with disadvantaged citizens and on environmental and educational projects. Also known as Robert Bosch Stiftung, the body was set up in 1964 and has been continuing the public welfare legacy imparted by its founder. 15.6.1 Robert Bosch Basic Information, Manufacturing Base, Sales Area and its Competitors 15.6.2 Main Business/Business Overview 15.6.3 Robert Bosch Revenue (USD Million), Gross Margin (%) and Market Share (%) (2015-2019) In 2017 this equated to €100.5 million of project grants, around one third of this being devoted to research at institutes like the Robert Bosch Hospital and international relations activity. This was the birth of today‘s globally operating company. In this area, Bosch recorded a 6.5 percent drop. The fuel cell is one element of this approach. Bosch’s day-to-day business also seeks to support the regional economy through use of local suppliers, part of a balanced approach to procurement that also sees the Cluj operation utilise the Bosch group’s purchasing organisation’s international buying power. So far, more than 400 pupils have started careers at the company via these schemes. "Bosch's Revenue from Fy 2008 to Fy 2019 (in Billion Euros). Such conditions will carry the society and the industry to implement proper solutions to deal with the challenges of the future. Another aspect of sustainability involves managerial diversity and growing the proportion of women who fill leadership positions. The early years, as is the case with many famous entrepreneurs, were defined by highs and lows, a major breakthrough coming in the late 1890s and early 1900s when Bosch started installing a superior model of magneto ignition devices into automobiles. “A huge amount of work is also carried out by the Robert Bosch Foundation,” he adds, “an organisation within the group which spends millions per year globally to deepen ties between Europe and other parts of the world.”. RANK 95. This doesn’t mean I plan to sit down and do nothing – I have some plans to work on a business in the software industry, so this will certainly help to keep me busy.”. “Never forget your humanity, and respect human dignity in your dealings with others,” he said, a human side to a technology-heavy enterprise that Kaschek himself values dearly. The Robert Bosch Power Tools GmbH, a division of the Bosch Group, is one of the world’s leading providers for power tools, power tool accessories and measuring tools. Value-added tax identification number. The company generated sales of 77.7 billion euros … $59 per month* Bosch Group; company profileGlobal 500 # 95Global 500. Another oft-cited inspiration for prospective and current recruits at Bosch is its unflappable commitment to developing solutions which have sustainability at their core. The Bosch Group is a leading global supplier of technology and services. We need stability, in our political and financial systems, as well as a continuously improving infrastructure. This attitude reverberates throughout the company’s manufacturing operation in Cluj, a relative newcomer in the grand scheme of Bosch’s illustrious history. Working in more than 18 languages, this unit’s work covers customer relations management, IT and technical support, as well as support for business processes such as sales and marketing, finances and accounting, and purchasing. “Here we have a fully-integrated database system that is covering our production – every individual device we make is traceable with around 400 kilobytes of data recorded real time for each product. “In principle we combine cutting edge R&D, manufacturing and shared service capabilities here on site. Here, Bosch has an ambition to reach 1.7 accidents per million hours worked by 2020, the current figure sitting at 2.3. “We have a lot of automation and robots involved with our operations,” Kaschek continues. Revenue: $10+ billion (USD) ... Glassdoor gives you an inside look at what it's like to work at Robert Bosch, including salaries, reviews, office photos, and more. The young team of Bosch in Cluj is committed to the Bosch values and to contributing as a European pillar to deliver products that are ‘INVENTED FOR LIFE’.”. Robert Bosch is a leading maker of automobile and industrial equipment as well as consumer goods and building systems. Industry revenue of “ventilation, heating, air-conditioning equipment“ in the U.S. 2012-20... Industry revenue of »manufacture of fasteners and screw machine products« in Slovenia 2011... Bosch's revenue from FY 2008 to FY 2019 (in billion euros), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. Please create an employee account to be able to mark statistics as favorites. Please do not hesitate to contact me. In recent years, this has involved close collaboration with groups such as SOS Satele Copiilor, Concordia Association, Mai Mult Verde, Habitat for Humanity, and Regina Maria Foundation/Adfaber Association. “I remember visiting a Bosch site in 1985 and finding it a tremendously rewarding and interesting experience because there was so much visible talent. This is something new because the classical setup is to have a production plant or an engineering site separate to these other services, but in the Cluj County it is all here.”. For Kaschek, this is a major differentiator. “It is one of our main motivations, and we are in Cluj to create a sustainable investment that is working long-term to benefit the lives of people and the environment around them. Kaschek has succeeded in building the regional unit up both within the wider Bosch Group and the automotive industry writ large, and is determined for this pioneering, proactive work to continue long after he has entered retirement. New, Everything you need to know about the industry development, Find studies from all around the internet. Robert Bosch Automotive Steering LLC has 1,295 total employees across all of its locations and generates $480.62 million in sales (USD). In just five years, the division has recorded a number of sizable achievements, in no small part because of the knowledge and dedication of both Kaschek and his team of employees. Then you will be able to mark statistics as favourites and use personal statistics alerts. Automotive Pumps Market Revenue 2020: Aisin Seiki, Denso Corporation, Johnson Electric, Robert Bosch, Continental; Safety Headgear Market Revenue 2020: 3M, MSA Safety, BAE Systems, Honeywell International, Dragerwerk, Kimberly-Clark; Military Gas Mask Market Revenue 2020: 3M, Honeywell International, MSA Safety, NBC-Sys, Ansell Healthcare Robert Bosch Tool makes power tools and accessories for do-it-yourselfers (DIYers) and professionals. Romania with its 20 million citizens is a very important part of Europe’s future. “The city is becoming an IT hub and has a lot of capability in the area of software engineering. Robert Bosch's annual revenues are over $500 million (see exact revenue data).It is classified as operating in the Motor Vehicle & Motor Vehicle Parts & Supplies Merchant Wholesalers industry. For example, in 2017 the firm opened a dedicated training centre inside the Jucu plant, with modern training rooms designed for Bosch associates and students in the dual education system. “The automotive industry is changing, and we are leaders in many different areas that are coming into fruition. “Bosch at the time also had a very clear, responsible mission which was to create clean, safe and economic mobility, and this was motivating up and coming engineers straight out of university. Robert Bosch GmbH (/ b ɒ ʃ /; German: ()), commonly known as Bosch, is a German multinational engineering and technology company headquartered in Gerlingen, near Stuttgart, Germany.The company was founded by Robert Bosch in Stuttgart in 1886. He had a huge impact on society in many different ways and was a pioneer – just think that the company was already a global player more than one hundred years ago. The group has been an automotive mainstay ever since it pioneered these early industry solutions, and in 1931 the founder coined a phrase that has very much remained at the heart of Bosch to this day. The conversation with Kaschek soon turns to the future, and inevitably the topic of industry 4.0 reemerges. “We are focussing on being one of the main drivers of the automotive agenda,” he adds. Kaschek quite rightly points to the visibility of the Bosch brand, not only in Romania but around the world, both in terms of its core business and social activities. Please contact us to get started with full access to dossiers, forecasts, studies and international data. By comparing employers on employee ratings, salaries, reviews, pros/cons, job openings and more, you'll feel one step ahead of the rest. April 29, 2020. Bosch Rexroth AG (100 % Bosch-owned) 4. In 2019, Bosch generated around 77.7 billion euros in revenue. Register Entries. Perhaps the greatest accolade, however, is how in such a short time the plant has managed to secure prominent supplier relationships with some of the world’s largest automotive OEMs, companies whose supply chains are notoriously difficult to break into. Robert Bosch Power Tools GmbH is located in Leinfelden-Echterdingen, Baden-Württemberg, Germany and is part of the Power-Driven Handtool Manufacturing Industry. “This is a high-volume consumer industry – lifestyle products which are growing in popularity around the world, especially in places like Europe, Japan and the United States. It employs roughly 400,000 associates worldwide (as of December 31, 2019). “For example, we supply OEMs as far away as Japan. Since October 2013 it has been producing components designed for areas such as driving assistance, safety and comfort management. Another development is in the form of a dual school education system. Enter Konrad Kaschek, renowned German engineering expert and Bosch veteran of more than three decades. kontakt@bosch.de +49 711 400 40990. The site has embraced the newest technologies and adopted industry 4.0 practices, allowing it to pioneer in many different fields. “We are not a one-product company or purely focussed on one service – we can provide expertise on a very wide range of areas, including software. Previous: 94Next: 96. Directly accessible data for 170 industries from 50 countries The centre also provides engineering services to all Bosch locations and local customers. RANK 95. Success also relies on a positive backdrop in which to operate, something not lost on the outgoing Bosch veteran. Strengthening international economies is another means of addressing instability and social inequality, and Bosch is again active in this field. Including sales and service partners, Bosch’s global manu- facturing, engineering, and sales network covers nearly every country in the world. The Internet of Things (IoT) is changing how we live, work, and get around — homes are becoming smarter, factories more productive, and mobility is taking on a fundamentally new form. “I am also a big fan of the man himself, Robert Bosch. The Bosch Engineering Center opened its doors in 2013, its remit being to focus on automated driving, electric mobility, connected industry and local innovation. DE811128135. Robert Bosch LLC is your one-stop shop for German-engineered auto parts, appliances, and power tools. “Bosch still is prominent in the combustion engine sphere and will continue to be so, but we are also a frontrunner and main contributor in the areas of powertrain electrification and automatic driving technology. Bosch is uniquely placed to combine its IT competence with extensive automotive knowhow and understanding of vehicle data, underpinned by its long-lasting expertise in mobility services. Compare Bosch vs Robert Bosch India BETA See how working at Bosch vs. Robert Bosch India compares on a variety of workplace factors. Bosch. The facility based in Jucu, for which Kaschek has served as Plant Manager, falls under the mobility solutions umbrella and specialises in automotive electronics. Your contact at Bosch. The leading global automotive suppliers based on revenue 2019, Hewlett Packard Inc: net revenue 1998-2020, Bosch number of employees by region 2018 & 2019. Bosch’s in-house provider of assembly systems, Robert Bosch Manufacturing Solutions GmbH, develops flexible, scalable plans for assembly systems, customized solutions in the field of testing and process technology, and related services. To give an idea of scale, in 2017 alone the plant made more than 43 million electronic parts, including control units for parking assistance systems and solutions for engine controls and airbags. Accessed December 23, 2020. https://www.statista.com/statistics/271680/revenue-of-bosch/, Bosch. The company therefore invests a lot of money in software research, for example with our Bosch Automotive Cloud Services and the Bosch IoT-Suite.”. Robert Bosch as a brand is still building itself up in Romania even though it has been here for many decades.” Several other developments have helped to this end. “This is a huge achievement for us as these customers have extremely stringent requirements and standards, and we have been able to meet these needs.”. Bosch's revenue from FY 2008 to FY 2019 (in billion euros) [Graph]. (April 29, 2020). In terms of annual targets, 2017 saw a 2.7 percent year-on-year reduction in waste, comfortably more than the two percent target, which also applies to water reduction. Chart. You only have access to basic statistics. Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. “I see myself as a citizen of Europe. “Since we started in Cluj, we have supported the community in the form of many activities, be it environmental initiatives or financial aid for educational institutions,” adds Kaschek. Our capabilities here in Cluj and elsewhere will allow us to open new markets – we have already discussed the two-wheel work we are doing, but there are many others coming.”. Fast-forward more than 130 years and Bosch remains a forward-thinking, expansive enterprise defined by a social conscience and desire to positively impact the world. Bosch’s definition of sustainability also extends into addressing a great number of other social issues. Recent years have seen it adopt a more focused approach, working on three issues: migration, integration, and participation; social cohesion in Germany and Europe; and viable living environments. Landmark contracts with these companies have provided a steady stream of business for the Cluj site, helping it to achieve production volumes that bely its short existence and are to the envy of many, more established manufacturing facilities. “I am proud to be called a Bosch veteran,” Kaschek muses after being labelled as such. “The automotive nervous system was very much in Romania and very advanced back then, and this, I have to say, surprised me somewhat when I discovered it.”. Bosch also has a worldwide series of targets concerning its own emissions and environmental footprint, and promising progress has been made in recent years. RANK 95. In 2007 in Blaj, around 100 kilometres south of Cluj, the firm, under its Bosch Rexroth subsidiary, opened a plant to produce linear motor and assembly technologies. A company stalwart and about to enter retirement, his final chapter has involved overseeing the development of the Cluj facilities into an esteemed part of the organisation’s automotive and mobility solutions setup. Robert Bosch Power Tools GmbH is located in Leinfelden-Echterdingen, Baden-Württemberg, Germany and is part of the Power-Driven Handtool Manufacturing Industry. Bosch sells over a million e-bike powertrain products a year, and in Cluj we produce the electric control units for these systems.”. ", Bosch, Bosch's revenue from FY 2008 to FY 2019 (in billion euros) Statista, https://www.statista.com/statistics/271680/revenue-of-bosch/ (last visited December 23, 2020), Bosch research and development costs 2005 to 2019, Revenue of the BSH Home Appliances Group 2003-2019, Bosch number of employees by business segment 2018 & 2019, Major manufacturers of packaging machinery worldwide - revenue 2018, Automotive semiconductor manufacturers: global market share 2018, Johnson Controls International - net sales 2014-2019, Internet of Things - Bosch patents by segment 2017, Media perception of Bosch in the Netherlands 2020, by characteristic, Compression type refrigerators: U.S. imports 2008-2010, Storage water heaters: shipments in the U.S. 2008-2010, by category, Total assets of GOME Electrical Appliances 2010-2019, Electric water heaters: shipments in the U.S. 2008-2010, Number of GOME Electrical Appliances stores China 2009-2019, Revenue of GOME Electrical Appliances 2009-2019, Electric cooking appliances: U.S. exports 2008-2010, German electronics industry - exports 2014, Refrigerators (compression type): shipment value in the U.S. 2008-2010, U.S. electrical equipment industry - value of shipments 1995-2015, Mitsubishi Electric - research and development costs 2010-2018, Industry revenue of “ventilation, heating, air-conditioning equipment“ in the U.S. 2012-2024, Industry revenue of »manufacture of fasteners and screw machine products« in Slovenia 2011-2023. Rank: 101 (Previous rank: 109) CEO: Franz Fehrenbach Employees: 271,265 Address: Postfach 106050 Stuttgart 70049 Country: Germany Website: www.bosch.com The same year saw the company offer its staff over 2,500 training days in Romania, while 800 employees developed their competencies at Bosch locations outside of the country, initiatives which follow the global group mantra of creating inspirational places to work. “Our automotive production is fully networked around the world, and we are one of the pacesetters for industry 4.0 globally. Rank: 101 (Previous rank: 109) CEO: Franz Fehrenbach Employees: 271,265 Address: Postfach 106050 Stuttgart 70049 Country: Germany Website: www.bosch.com Post author By [email protected] Post date August 4, 2020; QY Research has Published Latest Trending Report on Global Automotive DC Motors Market . We are, ultimately, contributing to Bosch’s strong competitiveness in the global market. (billed annually). “I am also a big fan of the man himself, Robert Bosch. “A clear target of ours for example, is to enter the cloud platform business sector with globally competitive solutions. Bosch Group. One euro is approximately equal to 1.12 U.S. dollars (as of December 31, 2019). In 2017-2018 alone, Bosch involved itself in more than 100 CSR activities in the country. All content is posted anonymously by employees working at Robert Bosch. The dynamic between humans and machines will be vital in this equation.”. “Bosch therefore needs extremely smart engineering and maintenance people to manage these machines to the highest level of professional craftsmanship. Cluj has very strong academic institutions and Romania generally has a well-educated population.”. Kaschek also pays homage to Bosch Rexroth, the division dedicated to supporting and deploying industry 4.0 solutions in mechanical and plant engineering environments, referring to it as a market leader in drive and control technologies. There are 1810 companies in the Robert Bosch Power Tools GmbH corporate family. “Further, we have made sure we are part of the future in terms of Bosch standards and its strategic development of mobility products. In 2017, the Romanian group turned over €416 million in consolidated revenue, a figure which rises to €931 million once sales of non-consolidated companies and internal deliveries to affiliated businesses are taken into account. Profit from additional features by authenticating your Admin account. “The main focus of our CSR, however, concentrates on enhancing the development of young people – our brand is very visible, especially in education circles.”. “Another important consideration is that Bosch must continue to be attractive for the next generation of engineers, both in terms of the products we make, the facilities we operate in and the culture in which we work. “I have loved working in Romania and in such a vibrant city like Cluj,” Kaschek says. Building on successful operations elsewhere in Romania, a country it has been present in for 25 years, the decision was taken to establish a new hub for automotive technology in both production and research capacities. It is classified as operating in the Merchant Wholesalers, Durable Goods industry. In 1886, Robert Bosch founded the “Workshop for Precision Mechanics and Electrical Engineering” in Stuttgart. Asked why he first joined the firm and the reason for remaining there for the rest of his career, Kaschek cites the group’s founding father. Bosch Group; company profileGlobal 500 # 95Global 500. “The focus of Bosch and its supplier network on sustainability is without doubt one of the company’s biggest strengths. “One of the things I am most proud about is the group of young, ambitious and talented employees that has emerged here in Cluj,” he says. Bosch Group. This represents strong growth on 2016, a year which saw consolidated revenue of €332 million and total net sales of €592 million. Bosch PRO+GUARD™ dust solutions are designed to help you move toward compliance with the OSHA silica dust regulation. 3. Of the €7.3 billion group-wide spend on R&D in 2018, 54 percent went towards products covering environmental and safety areas. Indeed, the firm has been selling goods into the country for more than 100 years. “The biggest challenge for us is to master the major changes, both in terms of our industry and society at large in terms of mobility. Register Entries. “Our engineering colleagues are running an event at the end of May involving many universities in the country, inviting them to participate in a competition to investigate and develop creations geared towards the future of mobility technology like AI. Almost a century before Kaschek joined, in 1886, Robert Bosch founded the Workshop for Precision Mechanics and Electrical Engineering with one journeyman and one errand boy completing his staff. In 2018, its roughly 20,000 associates generated sales of 4.6 billion euros, about 85 percent of which outside of Germany. The site also specialises in electric drives and controls, industrial hydraulics and industry 4.0 solutions. The Bosch Group is a leading global supplier of technology and services. The group further aims to carry out 1,000 environmental and occupational health and safety audits at suppliers between 2010 and 2020 – so far it has completed more than 740 such inspections. It is funded through shareholder dividends of the group, and is active in the areas of healthcare, science, society, education, and international relations. “The site in Cluj is, however, very well prepared for the challenges of the future, whatever they may be. This paved the way for the company to make its mark on the global stage, and today it employs more than 402,000 people who help to generate over €78 billion in annual revenue. Kaschek’s Bosch journey began in 1985. He had a huge impact on society in many different ways and was a pioneer – just think that the company was already a global player more than one hundred years ago", Passing a five-year operational milestone, the German company’s facilities in the city of Cluj have emerged as a leading light in its automotive electronics operation. Please authenticate by going to "My account" → "Administration". Registration Court: District Court Stuttgart HRB 14000. “For instance, in China we are partnering with other companies to map Chinese traffic situations.”. Lists ranking Bosch Group. The first was established in 1994 in the form of a sales office in Bucharest, now headquarters of the company’s national operations. In, Bosch. Register in seconds and access exclusive features. RANK 95. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook But, there is a bonus. Discover how Bosch software solutions help companies improve the way they run their businesses and bring new revenue channels and products to life. The foundation supports around 700 projects a year under this remit, with a particular focus on peace given the rising number of conflicts occurring worldwide. It is Bosch’s vision to help create emissions-free, stress-free, and accident-free mobility, tapping into a market that PwC predicts will constitute more than 470 million connected vehicles by 2025. This longstanding presence shows no sign of slowing down, not least because Bosch is heavily investing in research and development in Cluj alongside its prolific production operation. “As well as competing, we also cooperate with the big platform companies on projects such as in autonomous driving,” continues Kaschek. The remit of modern further extends into industry, no better demonstrated than by the arrival of German manufacturing and technology giant Bosch in 2013. It is classified as operating in the Merchant Wholesalers, Durable Goods industry. Automotive DC Motors Market Size,Share,Revenue 2026| Robert Bosch, Nidec Corporation, Continental. The two-wheel powertrain niche is just one of many specialisms the Cluj operation has become renowned for within the Bosch Group. “Now I’ve reached 65 years I am ready to retire and hand over to the next generation. 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