Press release #Business/economy

A distinguished guest: German Federal President Frank-Walter Steinmeier visits Bosch Singapore

Irina Ananyeva

Irina Ananyeva


The German Federal President Dr. Frank-Walter Steinmeier, Ambassador Dr. Norbert Riedel, State Secretary Dörte Dinger, and Minister of State for Europe and Climate Dr. Anna Lührmann visited Bosch Singapore on June 15, 2022, during their southeast Asia trip. Martin Hayes, president of Bosch in southeast Asia, received the delegation at the company’s regional headquarters and gave them insights into its local activities.

The guests were shown the AquaEasy solution for sustainable shrimp farming developed by a Bosch grow platform start-up. Using sensors, farmers can monitor water quality and the shrimp’s health and can adjust feeding time and quantity to the animals’ food requirements. Sustainable aquaculture increases productivity and profitability.

Bosch has been present in Singapore since 1958, and today manages its business in nine southeast Asian countries from there (Singapore, Indonesia, Philippines, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, and Laos). In 2021, the company and its 700 associates generated sales in Singapore of 110 million euros. Bosch’s local activities focus on research and development of innovative solutions for digitalization, for example in the areas of Industry 4.0 and sustainability.

About Bosch

The Bosch Group is a leading global supplier of technology and services. It employs roughly 429,000 associates worldwide (as of December 31, 2023). The company generated sales of 91.6 billion euros in 2023. Its operations are divided into four business sectors: Mobility, Industrial Technology, Consumer Goods, and Energy and Building Technology. With its business activities, the company aims to use technology to help shape universal trends such as automation, electrification, digitalization, connectivity, and an orientation to sustainability. In this context, Bosch’s broad diversification across regions and industries strengthens its innovativeness and robustness. Bosch uses its proven expertise in sensor technology, software, and services to offer customers cross-domain solutions from a single source. It also applies its expertise in connectivity and artificial intelligence in order to develop and manufacture user-friendly, sustainable products. With technology that is “Invented for life,” Bosch wants to help improve quality of life and conserve natural resources. The Bosch Group comprises Robert Bosch GmbH and its roughly 470 subsidiary and regional companies in over 60 countries. Including sales and service partners, Bosch’s global manufacturing, engineering, and sales network covers nearly every country in the world. Bosch’s innovative strength is key to the company’s further development. At 136 locations across the globe, Bosch employs some 90,000 associates in research and development, of which nearly 48,000 are software engineers.

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 upfront investments in the safeguarding of its future. Ninety-four percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The remaining shares are held by Robert Bosch GmbH and by a corporation owned by the Bosch family. The majority of voting rights are held by Robert Bosch Industrietreuhand KG. It is entrusted with the task of safeguarding the company’s long-term existence and in particular its financial independence – in line with the mission handed down in the will of the company’s founder, Robert Bosch.

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