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Bosch Thermotechnik GmbH

A new Bosch Termotekhnika factory has opened in Engels, Saratov Region. OOO Evroradiatory at ZAO Trolza occupies 12,000 square metres. Some RUB 500 m has been invested in the project. The company employs 100 specialists.

The annual capacity of the Russian market for radiators is estimated at 1.2 m units. Bosch plans to manufacture up to 150,000 radiators annually during the initial phase and subsequently double its capacity to 300,000 units. The company plans to occupy up to 25% of the domestic market. Radiators will be produced from high-quality Russian steel. Materials and components will be supplied by seven companies located in the Saratov Region.

Radiators will be used in any heating system — from new buildings to old ones built in the 20th century, offices, stores, apartment blocks and private houses. Furthermore, the preinstalled thermostatic valve saves up to 5% on power.

The new factory was the fourth production facility on Bosch’s site in Engels. The three other factories manufacture equipment for automotive engines and industrial and consumer boilers, as well as professional electrical tools. Bosch company annual sales amount to approximately RUB 5 bn and 64% of the output is exported.

01 July 2015
Sdelanounas.ru

Bosch has launched a vehicle components factory on the Preobrazhenka industrial estate in the Samara Region. The new plant is Bosch’s second automotive unit in Russia.

The factory occupies 20.7 hectares. Construction started in 2014. The new facility will expand the range of automotive products made in the Region. The Electronic Stability Control (ESC) system for the Lada Vesta will be the first product to be made by the new factory. The plant will also make anti-lock brake systems for Russian vehicles.

Investment in the new plant will total an estimated €50 m by the end of the year. Bosch has already invested some €26 m in the project. By the end of 2017, the company plans to provide more than 500 new jobs at the new factory.

According to President and CEO of Robert Bosch OOO Gerhard Pfeifer, the company is going through hard times and Bosch’s sales are falling. Yet, even under the adverse economic conditions, the company is relying on collaboration with Russia and development of its business in Russia. Mr Pfeifer said that Bosch had no doubts about the Russian market and was ready to continue investing in it.

The Samara Region is continuing to implement strategic investment projects. Over the last three years, more than 30 industrial facilities have been launched in the region.

They include a factory making tongue-and-groove structures in Kurumoch, a Delphi car components factory in Chapaevsk (the plant was built and commissioned in an impressively short period of only seven months) and Nobel in Tolyatti. New production facilities were launched at the Novokuybyshevsk petrochemical company and the OAO Kuybyshevsk oil refinery, and new production units were commissioned at Tarkett in Otradnoe and Electroshchit in the Kinel District.
 

01 July 2015
Sdelanounas.ru

It currently has 34 offices in Russia. Several of them were opened in Surgut (Urals), Naberezhnye Chelny (Volga), and Novgorod (North-West) at the start of 2014.

30 July 2014
Investor
55.0 mln
Saratov region, Samara region

Investor profile

Bosch Thermotechnik GmbH

Wetzlar, Germany

Company's website: www.bosch-thermotechnik.de

T: +49 6441 418 0

Contact: Mr Uwe Glock, Board Member

Bosch Thermotechnik GmbH, along with its subsidiaries, manufactures and supplies heating and water heating systems. It offers floor-standing and wall-hung boilers, water heaters, solar systems, heat pumps, control systems, heat dissipators, and heating accessories.

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