Jakarta, Indonesia – Bosch, a leading global supplier of technology and services achieved total sales of USD 115 million (89 million euros) in fiscal 2012, including the non-consolidated business in Indonesia– an increase of about 30 percent compared to the year before. The company also grew its workforce to more than 100 associates, in line with the strong business growth of the company.

“The Indonesian economy is flourishing and is expected to be amongst the top ten largest economies in the world by 2030 according to a study by McKinsey. Bosch is committed to increasing its investment in Indonesia for continued growth alongside the country’s robust economy,” said Rudy Karimun, Managing Director of Bosch in Indonesia.

In fiscal 2012, Bosch’s sales revenue in Indonesia increased across its various business divisions. The Drive and Control, Automotive Aftermarket, Security Systems and Thermotechnology division posted strong doubledigit growth. “In 2013, Bosch will continue to extend its domestic footprint in Indonesia to six major cities. We expect our turnover in Indonesia for this year to increase by at least 30 percent,” added Karimun.

The Indonesian Government recently granted tax incentives to carmakers of “low-cost green cars” (LCGC). “We support the Indonesian Government’s commitment to promote the production of smaller, more affordable, fuel-efficient and low-emission cars in the fourth most populous country in the world,” said Karimun. “Developing sustainable mobility solutions for a cleaner future is the hallmark of all Bosch automotive technological products,” he added.

Last month, Bosch announced the establishment of its first factory in Indonesia scheduled to open in 2014. The initial investment is worth more than 10 million euros. The factory will be located in the vicinity of Jakarta in close proximity to local car makers to meet their manufacturing requirements. “We will produce high-quality automotive components that will meet the increasing demand for energy-efficient, safe and comfortable automotive technology. Bosch is delighted to be able to contribute to the production of LCGCs in Indonesia,” said Karimun.

Course of business in Southeast Asia and Asia Pacific Bosch closed its 2012 fiscal year at USD 919.3 million (702 million euros) in sales in Southeast Asia to realise a remarkable increase by almost 30 percent. Amidst a rapid growth within the region, the company saw an overall healthy increase of some nine percent in manpower for the region. “Southeast Asia is currently the fastest growing region for Bosch, and we expect to maintain this growth momentum and achieve double-digit growth for 2013,” said Martin Hayes, President of Bosch in Southeast Asia.

In Asia Pacific, Bosch increased its sales by 5.6 percent to USD 16.5 billion (12.6 billion euros). Sales in the Chinese and Indian economies developed less dynamically in 2012 than in previous years. To reach its long-term target of generating 30 percent share of its sales in Asia Pacific, the company invested around USD 1 billion (780 million euros) in the region last year, on par with the previous year. Bosch Group business developments 2012-2013 In fiscal 2012, sales of the Bosch Group grew by 1.9 percent to USD 68.7 billion (52.5 billion euros). Pre-tax profit came to USD 3.7 billion (2.8 billion euros).

Developments in the business sectors differed. In 2012, Automotive Technology, the largest business sector, increased its sales by 2.1 percent to USD 40.7 billion (31.1 billion euros). Sales of the Industrial Technology business sector stagnated at USD10.5 billion (8 billion euros). The Consumer Goods and Building Technology business sector generated sales of USD 17.5 billion (13.4 billion euros), a 2.5 percent increase.

Headcount, adjusted to match the company’s business development over the course of the past year, rose only slightly by 3,400 to 305,900. In total, Bosch invested USD 10.5 billion (8 billion euros) in the company’s future in 2012: USD 6.3 billion (4.8 billion euros) for research and development and USD 4.2 bilion (3.2 billion euros) in capital expenditure. For 2013, Bosch expects global sales growth of two to four percent. Measures to improve results that were started in 2012 – such as limits on fixed costs, capital expenditure and company acquisitions – are to be continued.

The supplier of technology and services will continue to rigorously pursue the main lines of its strategy – with systems for environmental protection, energy efficiency and safety. Bosch believes that there is huge energy efficiency potential, as well as sales potential, in modernizing the power supply, energy management and insulation of buildings. On 1 January 2013, Bosch brought together the areas of its businesses that deal with this to form a fourth business sector, Energy and Building Technology. Thisnew business sector generated sales of USD 6.5 billion (5 billion euros) in 2012.

The company also expects sales growth to come from innovative and beneficial products, web-based business models and the further expansion of its international presence. At the company’s annual press conference in Germany, Dr. Volkmar Denner, Chairman of the Bosch Board of Management said, “Bosch’s broad footprint has never been as valuable as in the age of connected life.”

Further information, photos and video materials are available online at the Bosch Media Service: www.bosch-press.com.