Business/economy

Expanding international presence: Bosch starts construction of a new boiler production facility in Russia Total investment will exceed 20 million euros

  • Start of production planned for first quarter 2014
  • 190 new job opportunities by 2016
  • 8,000 square meters of production space
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  • June 07, 2013
  • Business/economy
  • Press releases

press release

Engels – The Bosch Group laid the foundation stone for its new Thermotechnology production plant in Engels. Bosch and Buderus branded industrial hot water and domestic heating boilers will be produced there starting in the first quarter of 2014. The global supplier of technology and services will invest more than 20 million euros in the site. “The new plant will meet the growing needs of our Russian governmental, commercial and residential customers for reliable and modern boilers from our brands Bosch and Buderus,” said Gerhard Pfeifer, Bosch Group representative in Russia and the CIS. The new facility will create 190 new job opportunities by 2016.

The new plant is being built on the existing Bosch production site in Engels. A new 8 000-square-meter facility will house production of six models of three-path boilers with a capacity of 2.5 megawatts to 6.5 megawatts for industrial use. Furthermore, more than 30 models of Bosch and Buderus wallhung gas boilers with a capacity of 18 kilowatts to 35 kilowatts for heating and hot water will be produced there.

Bosch has been present in the Saratov Region, 850 km from Moscow, since 1996. Today, business units engaged in the production of automotive components and power tools are active in Engels, employing 1 500 associates.

The first Bosch products appeared on the Russian market in 1904. The company now provides a wide range of quality products and services in the areas of automotive equipment and spare parts, power tools, heating technology, security systems, industrial packaging equipment and integrated system solutions for the automation of manufacturing processes. Bosch's revenue in Russia in fiscal year 2012 was approximately 1 billion euros. The company employs more than 3,000 associates in Russia.

Bosch Thermotechnology is a leading European manufacturer of energy-efficient heating products and hot water solutions. In fiscal 2015, the company generated sales of 3.3 billion euros (68 percent outside Germany) and employed approx. 13 400 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. 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.”

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

PI8170 - June 07, 2013

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