2bn EUR investment

Robert Bosch GmbH is a German multinational engineering and technology company. It is well known for the name, which is Bosch. Bosch’s core operating areas are spread across four business sectors. Two of them are mobility including hardware and software, and consumer goods including household appliances and power tools. The other two are industrial technology including drive and control and energy and building technology.

In fact, Bosch is the best automotive supplier in terms of sales in 2021. The German company sold more than 53 billion USD only for mobility segment. The number is increasing by 11% from 2020. Other top 5 automotive suppliers are Denso (Japan), ZF (Germany), Hyundai Mobis (South Korea) and Magna (Canada).

Even though Bosch is the best automotive supplier in the world, the company understands the impact of electrification. That is why it has been investing 2bn EUR in its employees’ reskilling.

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