Bosch (company)
Robert Bosch GmbH (/bɒʃ/; German: [bɔʃ] ⓘ), commonly known as Bosch (styled BOSCH), is a German multinational engineering and technology company headquartered in Gerlingen, Germany. The company was founded by Robert Bosch in Stuttgart in 1886. Bosch is 94% owned by the Robert Bosch Stiftung, a charitable institution. Although the charity is funded by owning the vast majority of shares, it has no voting rights and is involved in health and social causes unrelated to Bosch's business.
Corporate Sector Research and Advanced Development in Renningen, Germany | |
| Company type | Private (GmbH) |
|---|---|
| Industry | Conglomerate |
| Predecessor | Eisemann-Werke Friedrich Hesser, Maschinenfabrik |
| Founded | 15 November 1886 |
| Founder | Robert Bosch |
| Headquarters | Robert-Bosch-Platz 1, 70839 Gerlingen, Germany |
Area served | Worldwide |
Key people | Stefan Hartung (CEO), (CTO, CDO) |
| Products |
|
| Revenue | €78.74 billion (2021) |
| €1.903 billion (2020) | |
Net income | €1.060 billion (2020) |
| Total assets | €97.72 billion (2021) |
| Total equity | €44.30 billion (2021) |
| Owners | Robert Bosch Stiftung (92%) Bosch Family (8%) |
Number of employees | 421,338 (2021) |
| Subsidiaries | |
| Website | bosch.com |
Bosch's core operating areas are spread across four business sectors: mobility (hardware and software), consumer goods (including household appliances and power tools), industrial technology (including drive and control) and energy and building technology. In terms of revenue, Bosch is the largest automotive supplier. Moreover, it is the biggest supplier of the services in the world.