Business/economy

Construction work in Renningen making progress Bosch lays foundation stone for new research and advance engineering center Clear commitment to Baden-Württemberg
as a technological location

  • Minister-President Winfried Kretschmann: state government creating attractive conditions for investors
  • Bosch CEO Dr. Volkmar Denner: networking of people and knowledge will give rise to new ideas
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  • September 27, 2012
  • Business/economy
  • Press releases

press release

Renningen – Following the laying of the foundation stone in Renningen, construction work on the Bosch Group’s new research and advance engineering center has entered its next phase. All in all, the supplier of technology and services is investing some 310 million euros in the new location on the outskirts of Stuttgart. “Renningen will be the incubator for the innovations that will shape the future of our company,” said Dr. Volkmar Denner, chairman of the board of management of Robert Bosch GmbH, and continued: “Research and development create the technical conditions for solving the great challenges of our age, in line with our strategic imperative ‘Invented for life’.” In his address, Winfried Kretschmann, the minister-president of Baden-Württemberg, stressed the crucial importance of an innovative and highly productive business sector for the future of the state. “I believe it is extremely important that centers such as this one, at which highly qualified technicians and engineers come up with the products of tomorrow, are located in Baden-Württemberg,” Kretschmann said.

By 2015, the Bosch Group will have set up the new nerve center of its global research network in Renningen. A total of roughly 1,200 associates will research into new materials, methods, and technologies, and develop new systems, components, and manufacturing processes. On a plot covering some 100 hectares, 14 buildings are being constructed. When completed, they will offer a total floor space of nearly 11,000 square meters. In the current phase, following the model of a university campus, the buildings will be spaced generously over the northern part of the site. In this way, Bosch wants to create attractive workplaces and a stimulating environment in which creativity and collaboration can flourish.

More intensive internal and external networking
“Innovations require a functioning infrastructure, capable universities, and the common will to doggedly pursue new paths,” Denner said. The decision to build in Renningen was, he added, a clear sign of commitment to the Stuttgart region and to Baden-Württemberg as a technological location. Denner went on to say that the success of this technological location had had to be the result of a joint effort by politicians and business leaders. Minister-President Kretschmann concurred, adding that the state government would do everything in its power to preserve Baden-Württemberg’s attractiveness for new ventures of this kind. As examples of such ventures, he listed investments in education, science, and research, as well as the modernization of infrastructure.

Dr. Klaus Dieterich, the president of the Bosch corporate sector for research and advance engineering, said: “On the one hand, we want have one common location for our researchers and engineers from the greater Stuttgart area. On the other, we want the new research campus in Renningen to be a hub for networking with the academic institutions in the vicinity.” Even now, Bosch works in more than 250 partnerships with universities, research institutes, and industrial enterprises.

An industrial revolution as a result of the internet of things and services
Software development for the interconnection of devices and systems is now a focal point of research and advance engineering work at Bosch. On the “internet of things and services,” more than 50 billion devices and systems will be communicating with each other by 2025. Bosch believes that this interconnection is one of the major technical and economic developments of the future. In light of the practically unlimited possibilities of data exchange in the future, Denner said: “We stand at the threshold of a turning point in history, if not a new industrial revolution.” For Bosch, this gives rise to a large number of new business models, which will form a network of extremely diverse services. Bosch intends to exploit this potential for growth, Denner said.

16 patent applications every working day
Bosch files 16 patents per working day on average. This makes it one of the world’s most innovative companies. In Germany, it ranks first for patent applications. This year, the supplier of technology and services will spend an expected 4.6 billion euros for research and development relating to new systems, components, methods, and technologies – 400 million euros more than in the previous year. In 2011, roughly half its research spending went into products that conserve resources and protect the environment. By the end of 2012, Bosch expects to be employing a total of some 41,000 researchers and engineers. Over the past 20 years, the Bosch Group has spent some 50 billion euros for research and development worldwide, most of this sum in Germany.

Press images

Videos Übersicht

Renningen - new center for research and advance engineering
Groundbreaking ceremony marks the start of construction for the Robert Bosch GmbH research and advance engineering center.

Factsheet "New research and advance engineering center in Renningen"

 Further information is available here

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.

PI7916 - September 27, 2012

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