Robert Bosch Tool Corporation
 Logo since 2002 |
|
| GmbH (Private company) | |
| Industry | Conglomerate |
| Founded | 15 November 1886 |
| Founder | Robert Bosch |
| Headquarters | Gerlingen, Germany |
|
Area served
|
Worldwide |
|
Key people
|
Volkmar Denner (CEO) |
| Products | Automotive parts, power tools, security systems, home appliance, engineering, electronics, motorized bicycle motors |
| Revenue |
 € 73 billion (2016) |
 €3.3 billion (2016) |
|
| Profit |
€2.3 billion (2016) |
| Total assets |
€81.8 billion (2016) |
| Owner | Robert Bosch Stiftung (92%) |
|
Number of employees
|
390,000 (as of 31 December 2016) |
| Subsidiaries | BOSCH Ltd. |
| Website | bosch |
|
Footnotes / references Accounting methods changed from 2012 to 2013 |
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Robert Bosch GmbH (
pronunciation ), or Bosch, is a German multinational engineering and electronics company headquartered in Gerlingen, near Stuttgart, Germany. It is the world's largest supplier of automotive components measured by 2011 revenues. The company was founded by Robert Bosch in Stuttgart in 1886. Bosch is 92% owned by Robert Bosch Stiftung.
Bosch's core products are automotive components including brakes, controls, electrical drives, electronics, fuel systems, generators, starter motors and steering systems; industrial products, such as including drives and controls, packaging technology and consumer goods; and building products, including household appliances, power tools, security systems and thermotechnology.
The history of the company started in a backyard in Stuttgart-West as the Werkstätte für Feinmechanik und Elektrotechnik on 15 November 1886. One year later, Bosch presented the first low voltage magneto for gas engines. Twenty years later, the first magneto for automobiles followed.
The first factory was opened by Bosch in Stuttgart in 1901. In 1906, the company produced its 100,000-th magneto. In the same year, Bosch introduced the 8-hours day for workers. In 1910, the Feuerbach plant was founded and built close to Stuttgart. In this factory, Bosch started to produce headlights in 1913.
In 1917, Bosch was transformed into a corporation.
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