Bosch’s triple-digit million investment in Romania
BSH Hausgeräte GmbH, a Bosch Group company, is continuing its expansion in Europe and will invest a triple-digit million sum in the coming years in a new site in Romania. BSH has been active in Romania for almost 20 years. The Romanian BSH subsidiary has now acquired a plot covering around 40 hectares to build a washing machine factory.
Construction of a production hall, a logistics center and administration building will already get underway this year. BSH plans to start production of the first washing machine in 2020. Once additional production facilities have been set up, the factory will have an annual production capacity of more than one million washing machines for the European market from 2022. Over the next few years, BSH will create around 700 jobs at the new Romanian plant.
“Our growth strategy calls for consistent further development of regional markets and the expansion of production capacities. The new site in Simeria offers ideal conditions for producing modern washing machines and for the required logistics. It will be an excellent addition to our manufacturing network,” said Michael Schöllhorn, Chief Operating Officer at BSH.
Alongside Germany, Spain and Poland, the new site will in future be the fourth washing machine factory in Europe. BSH will then operate a total of nine washing machine factories worldwide.
About Bosch Group
The Bosch Group is a leading global supplier of technology and services. It employs roughly 400,500 associates worldwide (as of December 31, 2017). According to preliminary figures, the company generated sales of 78 billion euros in 2017. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. As a leading IoT company, Bosch offers innovative solutions for smart homes, smart cities, connected mobility, and connected manufacturing. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source. The Bosch Group’s strategic objective is to deliver innovations for a connected life. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is ‘Invented for life.’
BSH Hausgeräte GmbH is one of the world’s leading household appliance manufacturers, with sales of about 13.8 billion euros in 2017 and over 61,800 employees. BSH produces in about 40 factories and is represented by over 80 companies in approximately 50 countries.
