Latest News  

Bosch continues double-digit expansion in Romania, investments up to 40 mln. Euro

While Bosch sells equipment and electronics, it also developed a BPO center in Timisoara, an R&D center in Cluj and production units in Cluj and Blaj. Last year's investments reached about 40 million Euro, about 50% larger than 2014's levels, says Mihai Boldijar, Bosch's chief of operations for Romania.

2016-05-30 14:49:20 - by Bogdan Tudorache

While the 3,200 Bosch looks for expanding, local hurdles don't get unnoticed, as everywhere else.
"We need highways, we must be on time with deliveries to our customers. We must have good infrastructure. Another problem is lack of dual vocational education, now there are only ten of over 170 vocational schools in 1989," says Boldijar.

"In terms of manpower, we have another problem. The imbalance created by the lack of infrastructure makes it virtually certain areas have an unemployment rate close to zero and then starts a movement of personnel from one company to another just because a company is willing to pay more to get hold of an employee. The danger is that we become more expensive than Hungary. Due to lack highways can not have employees from Eastern or Southern Romania."

Consolidated sales grew 12 percent to 272 million euros

Bosch ended its 2015 fiscal year in Romania with a turnover of 1.2 billion Lei (272 million euros) in consolidated sales. The full acquisition of two former fifty-fifty joint ventures, BSH Hausgerate GmbH and Robert Bosch Automotive Steering GmbH, pushed sales up by 30 percent.

Bosch saw strong growth in its operations as well: calculated on a comparable basis, sales on the local market grew by 12 percent. The total net sales of 1.7 billion Lei (375 million euros) in Romania, including sales of non-consolidated companies and internal deliveries to affiliated companies, amounted to a year-on-year increase of nearly 50 percent.

"Thanks to our innovative products and customer oriented services, we were able to successfully continue our growth trend in 2015", says Boldijar.

In the challenging market environment of the first quarter of 2016, the company's business again developed very well.

"For 2016, we expect continued strong growth in Romania in all of our business sectors", added he.

The number of associates employed at Bosch in Romania in 2015 stood at around 3,200 – a year-on-year increase of more than 30 percent. This number is expected to increase significantly at a similar level in 2016 with additional associates especially at the locations in Blaj, Cluj and Timisoara.

Bosch expanding production and R&D activities across Romania

The Group invested some 178 million Lei (40 million euros) in Romania in 2015 and plans additional, similar investments for the current year, mainly in the further development of its manufacturing sites for Mobility Solutions. The increasing capacity and expanding operations of Bosch's Blaj and Cluj plants as well as the continuing expansion of the R&D activities strengthen the company's presence and steady growth potential in Romania.

The site in Jucu (Cluj) tripled its production since the opening in 2014. In this plant, Bosch manufactures among other products electronic control units for driver assistance and safety electronics for global automotive customers. In 2015 and 2016, the automotive plant in Jucu added new products to its portfolio, including components for airbags and parking assistance systems for more safety and comfort. In Blaj, the Mobility Solutions business sector started the production of powertrain components at the end of 2015 and expects a strong increase of production in 2016, by extending existing projects.

Romania is becoming an important part of Bosch's global R&D network as well. The Engineering Center in Cluj, founded in 2014 and extended with a new modern office in 2015, is developing future technologies in collaboration with international and local partners. Here, over 100 young talented engineers focus on areas like connectivity, connected industry – also known as Industry 4.0 –, renewable energy and automated driving and operate also a wide range of tests and analysis.

When it comes to Industry 4.0, Bosch is a leading user and a leading provider offering a wide spectrum of solutions in the areas of drive and automation technology as well as sensors and software. The Engineering Center in Cluj recently also started to work on Industry 4.0 solutions, with the goal of driving strategic changes in the manufacturing environment. In the production units at Cluj and Blaj, Bosch is gradually implementing Industry 4.0 solutions to increase its competitiveness for example through quicker and predictive maintenance.


0 COMMENTS ^ Go back to Top
WRITE A COMMENT ^ Go back to Top
 
Your email address will not be published.
Nickname
Email
Comment
Validation Code
   
 
 
NEWS
The most appreciated companies from the outsourcing industry, awarded at ABSL Gala 2018 Romania

The most appreciated companies in the outsourcing industry were awarded last night, at the ABSL Romania Awards Gala, a recent announcement of the company stated.

 Read Full article »
Cybersecurity Tech Accord: 34 leading companies sign pledge to fight cyberattacks to promise equal protection for customers worldwide

Companies across every layer of internet communication vow to defend against misuse of their technology; promise to protect all customers regardless of nationality, geography or attack motivation.

 Read Full article »
Accenture study finds 87 percent of focused cyberattacks are prevented

With ransomware and distributed denial of service (DDoS) attacks on the rise, the average number of focused cyberattacks per organization has more than doubled this year compared to the previous 12 months (232

 Read Full article »
Romanian software group expands to Bulgaria

Romanian group Global Technical Systems, which specializes in software development and providing technological solutions for building efficiency and security infrastructures, aims to double its turnover this ye

 Read Full article »
Vodafone Survey: Romanian youngsters would rather work for themselves, than for a company

Romania ranks first in terms of percentage of youngsters who would rather work for themselves/be an entrepreneur than for a company, with 51 percent expressing this preference, according to Vodafone survey.

 Read Full article »
Bucharest office market: Over 30 per cent of the demand came from the companies that moved from old buildings in modern projects

Companies have rented in the first quarter almost 70,000 square meters of office space in Bucharest, one third of the demand came from companies that formerly had its headquarters in old, small buildings or in

 Read Full article »
ABSL Romania: The Business Services sector has thousands of jobs available for young professionals

The Association of Business Service Leaders in Romania (ABSL) announces thousands of positions available for young professionals with little to entry-level experience in the business services sector. Accounting

 Read Full article »
Zitec rents 1,700 sqm at Vastint's Timpuri Noi Square

Vastint Romania has leased 1,700 sqm of office space to Zitec, in the mixed-use development project at Timpuri Noi Square in Bucharest, the developer recently announced.

 Read Full article »
Ness Digital Engineering reached 100 employees in Timişoara and 2,800 sqm in the UBC 2 building in the Openville mixed-use project

In March, Ness Digital Engineering reached a 2,800 sqm area in the United Business Center 2 (UBC 2) building located in the Openville Timişoara development, after taking over a new floor of the office building

 Read Full article »
Timpuri Noi Square awarded the highest LEED certification

Vastint Romania was awarded LEED Platinum certification for the first two office buildings of Timpuri Noi Square.

 Read Full article »
 
 
MOST READ ARTICLES
» Romanian software group expands to Bul...
» BPO: the ideal breeding ground for BPI
» Large office space leases dominate the...
» CBRE: Bucharest will witness a fivefol...
» Deloitte opens European Regional Deliv...
» Romania, Europe's third and world's 13...
» CBRE: Romanian outsourcing industry ha...
» CBRE: Bucharest and Budapest should be...
» Bitdefender: Half of Romanian fear tha...
» The most appreciated companies from th...
 
EDITOR CHOICE
The voting for The Brand of the Year 2018 in Outsourcing and Shared Services is now open!

Outsourcing Today presents the fourth edition of the annual Romanian Outsourcing & Shared Services Awards, the event that recognizes, rewards and celebrates the success of the most prominent companies acting in

 Read Full article »
Romanian Outsourcing & Shared Services Summit: The very definition of millennials is change

Adapting to future workforce trends whilst balancing intelligent automation, digitalization, and millennial teams was one of the most discussed topic of the second session of the Fourth Edition of Romanian Outs

 Read Full article »
Stefanini invests in AI and reinforces Sophie's capabilities

Recently, Stefanini announced it is reinforcing its investments in Sophie, an artificial intelligence platform with the ability to turn data into valuable solutions. Fully developed within Stefanini's research

 Read Full article »
Romanian Outsourcing & Shared Services Summit: Diversity is value

The second session of the recently ended Romanian Outsourcing & Shared Services Summit highlighted topics on the future workforce trends such as digital transformation, automation, the repositioning of the impo

 Read Full article »
ROMANIAN OUTSOURCING & SHARED SERVICES SUMMIT, with Irina Sersun-Gürtler, Noerr: Bringing the employees on board

This March, the professionals, leaders and key voices in the outsourcing and business shared services industries joined for three rounds of lively knowledge exchange within the Fourth Edition of Romanian Outsou

 Read Full article »
Latest News  
 
about us | newsletter | contact | members area
Copyright © 2015 by Diplomat Media Events Design by Diplomat Media Events