In the last business year, the revenue of the Bosch Group increased by about four percent, from 32 to 33 million euros, continuing the positive trend in Croatia and Bosnia and Herzegovina, stated Mirsada Kudrić, Deputy Director of Bosch for these two countries, at the annual press conference.
Despite challenging business conditions, we managed to maintain a positive business trend in these markets, increasing the number of employees from 57 to 65, launching over a thousand innovative products, and we expect further growth this year, emphasized Kudrić.
This year, Bosch celebrates twenty years of operations in Croatia, and since its establishment in Zagreb in March 1993, with three employees at that time, the company has continuously recorded positive business results. As part of the expansion of its services, Bosch opened a service center for power tools in 2000, and in 2004, it took over the leadership of operations in Bosnia and Herzegovina.
At the level of the entire Bosch Group, the past year was marked by a 1.9 percent growth, achieving a revenue of 52.5 billion euros, or 2.8 billion euros in profit before tax. Last year, Bosch invested about 8 billion euros in the future of the company: 4.8 billion euros for research and development, and 3.2 billion euros in capital expenditures. This year, Bosch expects global revenue growth between two and four percent.
The Bosch Group consists of Robert Bosch GmbH and more than 350 subsidiaries and regional companies in over 60 countries, employing around 306,000 people. If we include its sales and service partners, Bosch has representatives in about 150 countries. Last year, Bosch reported over 4,700 patents worldwide.
During the press conference, the ‘Arctos’ vehicle, designed, constructed, and produced by members of the FSB Racing Team, students of the University of Zagreb, was also presented. Robert Bosch is one of the significant sponsors of this project.
