Send to Kindle
The Bulgarian unit of German technology giant Bosch registered sales amounting to nearly BGN 53 M in 2014, up by 35% from 2013, according to Mihai Boldijar, General Manager of Bosch Romania and Bulgaria.
Boldijar said at a press conference that Bosch had strengthened its presence in Bulgaria, outpacing the average growth rate on the market.
He predicted that the trend would continue in 2015, according to reports of Trud daily.
Bosch Bulgaria has three divisions, including Mobility Solutions, Consumer Goods, and Energy and Building Technology.
By December 31, 2014, Bosch Bulgaria had a total staff of 50.
Following the acquisition of middleware specialist ProSyst in April, 2015, the total number increases over 2-fold.
Although it is based in Cologne, ProSyst has an R&D center in Sofia with a staff of over 100 people.
Boldijar described the acquisition of ProSyst as an important step for the company’s development in Bulgaria.
He pointed out that the substantially increased the scope of Bosch’s business in the country.
Boldijar argued that the deal would help Bosch play an even more important role on the growing Internet of Things (IoT) market.
Lyubima Milkova said that the the market share of Bosch Bulgaria in the sector of car parts had been 2% in 2014 and in 2015 it was expected to grow to 3%.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
The German company Bosch has developed a rapid test to detect the new coronavirus, the result of which is ready in two and a half hours and gives 95% accuracy.
Bosch Software Innovations, a wholly owned subsidiary of German technology giant Bosch, plans to acquire Cologne-based ProSyst Software AG, which has a research and development unit in Sofia.
Bulgaria's gas distribution company Overgas has signed a contract with Germany's Bosch for mutual cooperation in the sphere of household gasification.
Bosch Group, the German global supplier of technology and services, plans to enter the Bulgarian market for renewable energy.
FlixBus, the renowned European bus company, is set to launch new routes to and from Bulgaria in anticipation of the summer season
In a significant development, the Russian army has seized control of the pivotal village of Ocheretyne in the Donetsk region of Ukraine, a strategic location crucial for Ukrainian defense efforts
The price of retail lamb in Bulgaria has surged by 8.4% on an annual basis, according to statistics released by the Ministry of Agriculture and Food, with data sourced from SAPI indicating an average price of BGN 25.27 per kilogram as of April 10
In a concerning revelation, the ad hoc committee investigating the activities of Gleb Myshin uncovered that over the past three to four years, a staggering 343 candidates from the Russian Federation seeking Bulgarian citizenship were discovered to have su
As the summer season draws near, the issue of staffing in the tourism sector in Bulgaria comes to the forefront once again, with the workforce having to depend on individuals from foreign countries for yet another year
According to recent data from the Confederation of Independent Trade Unions of Bulgaria (CITUB), the financial strain on Bulgarian households continues to intensify
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
