Robert Bosch GmbH is a German company which was started in 1886 by Robert Bosch.
Bosch businesses include:
- Parts and systems supplier for the automotive industry
- Manufacture of consumer goods, power tools, home appliances
- Industry and building services engineering
- Packaging technology
- Safety engineering
Bosch is a leading global supplier of automotive and industrial technology and of consumer goods and building technology. The Bosch Group comprises some 270 subsidiary companies, of which more than 230 are located outside Germany. The objectives of the Bosch Group's activity are sustained profitable growth and the safeguarding of its independence which allows it to pursue long-term strategies. In 2004, worldwide sales of the Bosch Group came to 40 billion euros. The number of associates employed around the globe in the three business sectors Automotive Technology, Industrial Technology, and Consumer Goods and Building Technology in 2004 rose by almost 11,000 to approximately 242,000.
The headquarters of Bosch is in Stuttgart.
The Robert Bosch Stiftung ("Robert Bosch Foundation") holds 92% of the shares of "Robert Bosch GmbH", but no voting rights. The Robert Bosch Industrietreuhand KG ("Robert Bosch Industrial Trust KG") (old members of the company management, agents of the Bosch family and other eminent people from the industry such as Hans Peter Stihl (Stihl powertools)) have 93% of the voting rights, but no shares. The remaining shares and voting-rights are held by the descendants of the company founder Robert Bosch.
Arrangement of the company
Bosch's largest business sector is the automotive technology sector, which generated about 63% of the revenue in 2004. This business sector comprises of: Gasoline Systems and Diesel Systems with the core products injection and motor management, Chassis Systems Brakes, Chassis Systems Control, Energy and Auxiliary Systems (alternators, starter motors), Car Multimedia (Brand: Blaupunkt), Car Electronics (control units and semiconductor elements) and Automotive Exchange (spare parts).
Bosch was the world's largest automotive supplier in terms of sales for the first time in 2004. In this year, the business sector generated sales of 25.3 billion euros. Aside from the healthy state of the global automotive business, the high demand for modern diesel systems had a positive effect. The share of diesel engines in newly registered cars in western Europe rose to 48% in 2004. Bosch has played a major role in shaping this trend. With third-generation common-rail technology, Bosch has the most advanced system on today's market, with additional improvements in performance, consumption, and eco-friendliness. Bosch is also developing a particulate filter, production of which will start in 2006.
Bosch was the first supplier to bring the Electronic Stability Program (ESP) to the market. Studies around the world have proved that this safety system can help significantly reduce the number of accidents. In Europe, the share of newly registered cars featuring ESP reached 36% in 2004.
|1886||Opening of Workshop for Precision Mechanics and Electrical Engineering in Stuttgart on 15 November|
|1887||First low voltage-magneto from Bosch for Gasoline Engines|
|1897||First low-voltage magneto ignition for motor vehicle engines|
|1901||First plant in Stuttgart|
|1906||Production of 100.000. magneto ignition|
|1906||Introduction of 8-hours working day|
|1910||Opening of plant in Stuttgart-Feuerbach|
|1913||Start of production of headlights|
|1926||Start of production of Windshield wipers.|
|1927||First diesel fuel injection pump|
|1932||Birth of the Junkers & Co.|
|1932||First drill from Bosch|
|1932||First Blaupunkt car audio|
|1936||First diesel fuel injection pump for passenger cars like Mercedes-Benz 260D|
|1942||Death of the company founder Robert Bosch on 12 March|
|1964||Robert Bosch Foundation|
|1965||Worcester Bosch Group opens in England|
|1970||Company headquarter moves to Gerlingen|
|1976||First oxygen sensors|
|1978||Worldwide first anti-lock braking system (ABS)|
|1979||First electronic control unit (MOTRONIC)|
|1986]]||Traction control system (TCS) on the market|
|1995]]||First Electronic Stability Program (ESP)|
|1997]]||Common rail diesel fuel injection|
|2000]]||DI-Motronic gasoline direct injection system|
|2003]]||Acquisition of Buderus AG|
|2003]]||Digital car radio with MP3 drive and digital recorder (Blaupunkt)|
|2004]]||Third-generation common-rail diesel injection for cars, with piezo injectors|
|2004]]||Bosch opens new Technology Center in Abstatt|