Thermotechnology

Thermotechnology division New plant for industrial boilers and wall-mounted conventional boilers in Engels, Russia Boost for thermotechnology business in the Russian growth market

  • Start of construction in first quarter of 2013; completion planned for start of 2014
  • Total investment of some 21 million euros
  • Roughly 170 new jobs to be created by 2016
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  • December 07, 2012
  • Thermotechnology
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press release

Wetzlar/Engels – The Bosch Thermotechnology division plans to set up a new manufacturing facility at the existing Bosch location in Engels, Russia. It will produce industrial boilers and wall-mounted conventional boilers. Construction of the new plant is due to start in March 2013, with completion planned for the first quarter of 2014. Some 21 million euros are to be invested in total. If all goes to plan, some 170 new jobs will be created by 2016, 100 of them in production and 70 in administration.

Apart from the manufacture of boilers for industrial and commercial use, with an output of 2.5 to 6.5 megawatts, wall-mounted conventional boilers are also to be made in Engels. With an output of 18 to 28 kilowatts, these boilers are used for heating and hot water generation. In addition, a department for the further modification of industrial boiler series is to be set up. It will employ some 20 associates.

“Our new Engels site will secure us clear advantages when it comes to competitiveness and positioning in one of the world's largest markets for heating technology,” said Uwe Glock, the president of the Bosch Thermotechnology division. “We can now offer our products at significantly lower logistics costs, as well as adapt them even better to the requirements of the Russian market.”

Bosch has been present in Engels, which is in the European part of Russia and some 850 kilometers from Moscow, since 1996. Its Automotive Aftermarket, Gasoline Systems, and Power Tools divisions are based there. Some 1,500 associates work for Bosch in Engels.

Bosch Thermotechnology is a leading European manufacturer of resource-efficient heating products and hot water solutions. In fiscal 2013, the company generated sales of 3.12 billion euros (66 percent outside Germany) and employed approx. 13,500 people. Bosch Thermotechnology has strong international and regional brands and manufactures a diversified product range in Europe, America and Asia.

Further information is available online at www.bosch-thermotechnology.com.

The Bosch Group is a leading global supplier of technology and services. In 2013, its roughly 281,000 associates generated sales of 46.1 billion euros. (NB: Due to a change in accounting policies, 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 roughly 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, the Bosch Group invested some 4.5 billion euros in research and development and applied for some 5,000 patents. This is an average of 20 patents per day. 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.”

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

PI7981 - December 07, 2012

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