Business/economy

“best brands” award Recognition of successful brand management at Bosch Fourth place in “best international corporate brand” category

  • Bosch climbs more than ten places in corporate brand ranking
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  • February 15, 2012
  • Business/economy
  • Press releases

press release

Stuttgart / Munich – At the “best brands” awards ceremony in Munich, the Bosch Group has won recognition for its successful brand management. In the “best international corporate brand” category, the company came fourth, climbing by more than ten places in the ranking. Only three automakers – BMW, Audi, and Volkswagen – were ranked higher than Bosch. “Brand management is a special challenge, especially for a provider of technology and services as diversified as Bosch,” said Uta-Micaela Dürig, the senior vice president of corporate communications, brand management, and sustainability at Bosch. “By means of high-quality, innovative products and services for B2B and B2C customers, we have managed to cement Bosch’s reputation as an attractive brand. The award is an incentive for us to continue to inspire as many customers as possible around the world with our products, services, and brand management, and to continue to demonstrate to them how attractive Bosch is.”

The “best brands” award is not conferred by a panel of experts, but is instead the result of a consumer survey. In a representative survey by the German market researchers GfK, two core criteria of a brand are measured: actual business success in the market and brand popularity from a consumer perspective. This study design is unique to the GfK brand-ranking survey.

The German “best brands” survey was set up in 2004 by the Serviceplan Group, the GfK Group, ProSiebenSat.1 Media AG, Wirtschaftswoche, Markenverband, and iq media marketing.

The Bosch Group is a leading global supplier of technology and services. According to preliminary figures, its roughly 281,000 associates generated sales of 46.4 billion euros in 2013 (Note: due to a change in the legal rules governing consolidation, the 2013 figures can only be compared to a limited extent with the 2012 figures). Its operations are divided into four business sectors: Automotive Technology, Industrial Technology, Consumer Goods, and Energy and Building Technology. The Bosch Group comprises Robert Bosch GmbH and its more than 360 subsidiaries and regional companies in some 50 countries. If its sales and service partners are included, then Bosch is represented in roughly 150 countries. This worldwide development, manufacturing, and sales network is the foundation for further growth. In 2013, Bosch applied for some 5,000 patents worldwide. The Bosch Group’s products and services are designed to fascinate, and to improve the quality of life by providing solutions which are both innovative and beneficial. In this way, the company offers technology worldwide 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.

PI7658 - February 15, 2012

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