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Net sales of Bosch in Romania went up by 29% last year to 5.6 billion lei

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Bosch, the global leader in technology and services provider finalised the fiscal year 2018 with an advance of net total sales of 29% against the previous year, reaching 5.6 billion lei (1.2 billion euro) in Romania, and the company announced that they invested 25 million euro in research/development in the unit in Cluj, according to the data presented on Thursday in a press conference.

At the same time, the company finalised the fiscal year 2018 with consolidated sales worth 2.1 billion lei (452 million euro) in Romania, registering a growth of almost nine percentage points in comparison to the previous year.

Similarly, the number of employees Bosch in Romania reached approximately 7,800 on 31 December 2018, representing an annual growth of 19 percentage points. The company announces recruitment, so that it is expected that the number increase in 2019.

„‘The Bosch business in Romania developed, again, very well in 2018 despite the conditions on the market full of challenges of the previous year. In 2019, when we celebrate 25 years since the setting up of the subsidiary of Romania, Bosch continues to consolidate its position in the country, by extending its operations ’Mihai Boldijar said.

Bosch invested in Romania approximately 555 million lei (approximately 120 million euro) in 2018, especially in the development of the production units for Solutions for mobility in Cluj and Blaj.

Mihai Boldijar states that in 2018 – 2019 Bosch invests 25 million euro in research/development in the unit in Cluj.

At present, approximately 570 employees work in the units of the engineering centre in Cluj, Bosch will inaugurate its own building of the Engineering Centre at the beginning of 2020.

The factory for electronic auto parts in Jucu, Cluj county, increased its capacity with two production units. The company invested approximately 45 million euro in the new production unit which has a capacity of 43,400 square metres. In Cluj, Bosch produces starting with 2013 among other electronic auto parts, electronic control units for airbags, for multiple cameras systems, driving assistance, as well as electronic safety systems which increase the safety on the roads and the comfort of drivers. Since its beginning, the Bosch factory in Cluj has delivered over 150 million auto parts of high quality to international clients.

The Bosch group has been  present on the market in Romania for 25 years and has approximately 7,800 employees in five units. In 2018, Bosch has registered a sales volume of 452 million euro on the market in Romania. The total net sales, including sales of the non-consolidated companies and domestic deliveries to affiliated companies, reached 1.2 billion euro.

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