Bosch, a leading global supplier of technology and services, ended its 2015 fiscal year with S$1.2bn (€780m) in consolidated sales in Southeast Asia. The full acquisition of two former fifty-fifty joint ventures, BSH Hausgeräte GmbH and Robert Bosch Automotive Steering GmbH, pushed sales up by almost S$120m (€78m), or 12 per cent.
Bosch saw healthy growth in its operations as well; calculated on a comparable basis, sales in Southeast Asia grew by over five per cent compared to the previous year.
The company’s workforce in the region increased by almost eight per cent to over 6,800 associates during the same time-period. In Singapore, sales to third parties registered at S$224m (€147m) for 2015 and headcount stood at around 910 associates.