Business/economy

Initial support for victims of catastrophe Bosch makes one million euros of immediate aid available for Japan Further activities to follow in due course

  • Fehrenbach: initial token of deepest sympathy
  • Active presence in the country for 100 years
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  • March 18, 2011
  • Business/economy
  • Press releases

press release

Stuttgart – The Bosch Group is making one million euros available as immediate aid for the victims of the earthquake and tsunami in Japan. This will support the relief work being carried out currently in the country by the Japanese Red Cross. Further measures will be taken once there is a clearer picture of the extent of the damage and of the reconstruction work that needs to be done.

“The catastrophe in Japan deeply shocked us all at Bosch. This donation is a token of our deepest sympathy,” said Franz Fehrenbach, the chairman of the Bosch board of management. He added that one could at present only guess at the actual extent of the destruction. For this reason, he explained, Bosch intended to postpone any decision as to how Bosch could best help the country and its people in the work of reconstruction. Bosch has been present in Japan for 100 years. The company currently employs some 8,000 associates in the country, at 36 locations. They develop and manufacture products for divisions in the Automotive Technology, Industrial Technology, and Consumer Goods and Building Technology business sectors.

The Bosch Group is a leading global supplier of technology and services. It employs roughly 375,000 associates worldwide (as of December 31, 2015). The company generated sales of 70.6 billion euros in 2015. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiaries and regional companies in some 60 countries. Including sales and service partners, Bosch’s global manufacturing and sales network covers some 150 countries. The basis for the company’s future growth is its innovative strength. Bosch employs 55,800 associates in research and development at 118 locations across the globe. The Bosch Group’s strategic objective is to deliver innovations for a connected life. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.”

The company was set up in Stuttgart in 1886 by Robert Bosch (1861-1942) as “Workshop for Precision Mechanics and Electrical Engineering.” The special ownership structure of Robert Bosch GmbH guarantees the entrepreneurial freedom of the Bosch Group, making it possible for the company to plan over the long term and to undertake significant up-front investments in the safeguarding of its future. Ninety-two percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The majority of voting rights are held by Robert Bosch Industrietreuhand KG, an industrial trust. The entrepreneurial ownership functions are carried out by the trust. The remaining shares are held by the Bosch family and by Robert Bosch GmbH.

Additional information is available online at www.bosch.com and www.bosch-press.com, http://twitter.com/BoschPresse.

PI7349 - March 18, 2011

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