BOSCH, Page 5

About the company

For more than 125 years, we have been supplying the market with efficient, easy-to-operate and at the same time reliable equipment that creates warm and cozy homes for people. Bosch Thermotechnology today offers its customers worldwide solutions for room climate, hot water and decentralized energy management.

Since 1932, the brands Junkers and Bosch have been united by a strong partnership. The merger enabled the combination of traditional craftsmanship with the most modern technology. Under the Bosch brand, we now focus on the future with intelligent building technology, in which thermal technology plays an important role.

The traditional brand Junkers continues, because history, tradition and experience are still embedded in every Bosch-branded product. Junkers means more than 120 years of proven technology and the highest quality for us; we proudly created a memorial for this brand with its own museum. At the company in Wernau, we present the continuation of the history and the life's work of the founder Hugo Junkers.

History 

In 1886, Robert Bosch founded the "Workshop for Precision Mechanics and Electrical Engineering" in Stuttgart. This was the beginning of today's globally active company. From the very beginning, innovation and social responsibility were characteristic of the company.

1886 - 1905 - The history of the Bosch company begins with many first steps. Steps toward independence, into the automotive market, into markets outside Germany and into the main production hall.

1906 - 1925 - The company's first astronomical global upswing was brutally interrupted by World War I, after which the Bosch company had to transform and focus on innovation to cope with its consequences.

1926 - 1945 - The Bosch company coped with the speed of the economic crisis and the dictates of National Socialism through the power of innovation and perseverance, until World War II brought enormous challenges once again.

1946 - 1959 - At the end of World War II, the Bosch company lost its international branches for the second time. A large part of its production facilities lay in ruins. The following two decades were devoted to reconstruction, but also to entering new business areas.

1960 - 1989 - The period between the 1960s and 1980s was marked in the Bosch company by a transformation that turned it into a diversified group of independently managed divisions, a global company and a market leader in the field of automotive electronics.

1990 - 2016 - The Iron Curtain fell, new markets emerged in Asia and software opened up new opportunities for Bosch. The last three decades brought rapid economic change, which the company had to face head-on.

We are Bosch

Our mission explains what drives us, what we have in common and what we stand for. We want to leave a lasting mark in the world — a mark achieved by a unique, exceptional team.

Our values — what we build on

Our values reflect the way we do business: Our professional ethics in our dealings with our business partners, investors, employees and society.

Future and results orientation

We focus on results. This enables us to secure our future and at the same time
creates a solid foundation for socially beneficial projects of our company and the Robert Bosch Foundation.

Responsibility and sustainability

We act economically and responsibly in the interest of the entire society and the environment.

Initiative and consistency

We act proactively, take entrepreneurial responsibility and are consistent in pursuing our goals.

Openness and trust

We communicate important topics of our company in a timely and open manner. This represents the best foundation for a relationship based on trust.

Fairness

In our mutual contact and with business partners, we consider mutual fairness to be a condition of our success.

Reliability, trustworthiness, legality

We promise only what we can fulfill. We accept agreements as binding and respect and comply with the law in all our business transactions.

Diversity

We value diversity and promote it, because it enriches us and is a source of our successes.

Bosch in Slovakia 

Bosch already had its first representation in former Czechoslovakia as early as 1920. It resumed business activities in Prague in the autumn of 1992 and opened its first branch in Bratislava the following year.

The company in Slovakia operates in three locations and employed more than 1,000 employees in 2020 (as of December 31, 2020). The consolidated turnover in 2020 reached 440 million euros.

The regional company represents the commercial, marketing and service activities of the company

Bosch products and services are designed to fascinate and improve the quality of life by providing innovative and useful solutions. Thanks to this, Bosch worldwide offers technologies that are "Created for life."