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 421,000 associates worldwide (as of December 31, 2022). The company generated sales of 88.2 billion euros in 2022. Its operations are divided into four business sectors: Mobility, Industrial Technology, Consumer Goods, and Energy and Building Technology. As a leading IoT provider, Bosch offers innovative solutions for smart homes, Industry 4.0, and connected mobility. Bosch is pursuing a vision of mobility that is sustainable, safe, and exciting. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source. The Bosch Group’s strategic objective is to facilitate connected living with products and solutions that either contain artificial intelligence (AI) or have been developed or manufactured with its help. 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 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. The basis for the company’s future growth is its innovative strength. At 136 locations across the globe, Bosch employs some 85,500 associates in research and development, of which nearly 44,000 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, an industrial trust. The entrepreneurial ownership functions are carried out by the trust.

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