OREANDA-NEWS. The Bosch Group intends to build its first manufacturing site in Indonesia. Beginning in 2014, the supplier of technology and services plans to begin manufacturing automotive technology in the greater Jakarta area, at first primarily for Japanese automakers located in the region. Ten million euros will be invested in the first phase of construction. More than 120 associates will be employed here over the next three years.

“The new manufacturing facility will be a milestone for our operations in Indonesia, and for the expansion of our footprint in southeast Asia,” said Martin Hayes, president of Bosch in southeast Asia. “Southeast Asia is the fastest growing region for Bosch, and expanding our manufacturing capabilities in this region reflects the growth potential that we see in this part of the world.” Bosch already has five manufacturing sites in the region - in Thailand, Malaysia, and Vietnam.

In Indonesia, Bosch employs more than 100 associates at four locations. The company has been active in Indonesia since 1919.

The Bosch Group is a leading global supplier of technology and services. In fiscal 2012, its roughly 306,000 associates generated sales of 52.5 billion euros. Since the beginning of 2013, its operations have been divided into four business sectors: Automotive Technology, Industrial Technology, Consumer Goods, and Energy and Building Technology. The Bosch Group comprises Robert Bosch GmbH and its roughly 360 subsidiaries and regional companies in some 50 countries. If its sales and service partners are included, then Bosch is represented in roughly 150 countries. This worldwide development, manufacturing, and sales network is the foundation for further growth. Bosch spent some 4.8 billion euros for research and development in 2012, and applied for nearly 4,800 patents worldwide. The Bosch Group's products and services are designed to fascinate, and to improve the quality of life by providing solutions which are both innovative and beneficial. In this way, the company offers technology worldwide that is “Invented for life.”

The company was set up in Stuttgart in 1886 by Robert Bosch (1861-1942) as “Workshop for Precision Mechanics and Electrical Engineering.” The special ownership structure of Robert Bosch GmbH guarantees the entrepreneurial freedom of the Bosch Group, making it possible for the company to plan over the long term and to undertake significant up-front investments in the safeguarding of its future. Ninety-two percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The majority of voting rights are held by Robert Bosch Industrietreuhand KG, an industrial trust. The entrepreneurial ownership functions are carried out by the trust. The remaining shares are held by the Bosch family and by Robert Bosch GmbH.