Bosch ramps up

Author: EIS Release Date: May 18, 2020


Bosch had 2019 revenues of €77.7 billion.

Europe accounted for €40.8 billion, North America, for €13 billion, South America for €1.4 billion and Asia Pacific (including Africa) for €19.6 billion pounds.

After shutting down production at nearly 100 Bosch locations worldwide this month, the company is systematically preparing for a gradual ramp-up of manufacturing.

“We want to ensure reliable supplies to meet our customers’ demand as it gradually returns, with a view to helping the world economy recover as quickly as possible,” says chairman Dr. Volkmar Denner (pictured),  “our goal is to synchronise the ramp-up of production and secure supply chains, especially in automotive production. We have already achieved this in China, where our 40 or so local plants are producing again and the supply chains are stable. We are working hard to do the same in other regions.”

To make a success of ramping up production, Denner said that the company is putting numerous measures in place to ensure that associates are adequately protected against coronavirus infection.

Bosch is also committed to taking a coordinated, joint approach with customers, suppliers, authorities, and employee representatives.