5/10/2011

Bosch sets growth target, increases work force in Turkey

Milliyet - Bosch Turkey plans to continue its double digit growth following a highly successful growth performance in 2010. Active in durable consumer goods and automotive electronics, the German company’s 2010 sales have reached EUR 1.7 billion, corresponding to a 24 percent growth over the previous year. The efficiency boost provided by new production technologies contributed to the company’s record growth last year, according to Bosch Turkey’s Director General, Hermann Butz.

The company expects to maintain its double digit growth, by reaching at least a 15 percent rate in 2011, and will increase its work force by adding 600 workers. Bosch currently employs 9,000 people in Turkey, second only to Germany in Bosch Group’s European operations.

The company aims at investing a total of EUR 400 million in Turkey until the end of 2013 and increasing its number of employees by 2,000 more.
Turkey; durable goods; automotive bosch group; bosch turkey; bosch investments; hermann butz