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B osc h

today

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Bosch Group key data
Figures in millions of euros
2016 2015
Sales revenue 73,129  70,607 
percentage change from previous year   3.6    44.2 
percentage of sales revenue generated outside Germany   80    80 
Research and development cost 6,954  6,378 
as a percentage of sales revenue   9.5    9.0 
Capital expenditure 4,252  4,058 
as a percentage of depreciation   141    146 
Associates
average for the year 383,917  368,833 
at December 31 389,281  374,778 
Total assets  81,875  77,266 
Equity 36,084  34,424 
as a percentage of total assets   44    45 
EBIT 3,335  4,587 
as a percentage of sales revenue   4.6    6.5 
Profit after tax 2,374  3,537 
Unappropriated earnings
(dividend of Robert Bosch GmbH)   138    142 
47
How to contact us / Five-year summary

Roughly 389,000 Five-year summary of the Bosch Group


associates worldwide

440
Figures in millions of euros
Around subsidiaries and 2012 1 2013 2014 2015 2016
regional companies in approximately Sales revenue 44,703 46,068 48,951 70,607 73,129
60 countries percentage of sales revenue generated
outside Germany 77 77 78 80 80
Research and development cost 2 4,442 4,543 4,959 6,378 6,954
as a percentage of sales revenue 9.9 9.9 10.1 9.0 9.5
Capital expenditure 2,714 2,539 2,585 4,058 4,252
of which in Germany 988 913 1,098 1,394 1,580
outside Germany 1,726 1,626 1,487 2,664 2,672

Bosch
as a percentage of sales revenue 6.1 5.5 5.3 5.7 5.8
as a percentage of depreciation 101 126 138 146 141

73.1
Annual average number of associates
(thousands) 273 280 286 369 384

in figures billion euros sales revenue


in 2016
of which in Germany
outside Germany
at Dec. 31
109
164
273
108
172
281
105
181
290
131
238
375
133
251
389

Total assets 52,611 55,725 61,924 77,266 81,875

Equity 26,900 27,686 29,541 34,424 36,084


as a percentage of total assets 51 50 48 45 44
EBIT 2,118 2,751 3,030 4,587 3,335
Profit after tax 2,304 1,251 2,637 3,537 2,374

7
¹ Adjusted for changes in accounting policies

Roughly billion 3.3 billion euros


² Including development work charged directly to customers

euros spent on research EBIT in 2016


and development

120
engineering locations
worldwide
1
Contents

Bosch in figures

The Bosch Group at a glance 2

Strategy and innovation 4
We are Bosch 4
On the way to becoming an IoT company 6
Agility 8

Business sectors 10
Mobility Solutions 10
Industrial Technology 12
Consumer Goods 14
Energy and Building Technology 16

Highlights of the year 18

The business year 2016 22

Sustainability 26

Robert Bosch Stiftung 28

Bosch as an employer 30

The Bosch Group in Germany 32

The Bosch Group in Europe (outside Germany) 34

The Bosch Group outside Europe 36

Milestones38

Management 44

How to contact us / publishing details 46

Five-year summary 47
2 3
Bosch today 2017 The Bosch Group at a glance

The Bosch Group


Bosch Group
business sectors

at a glance

Shareholders of Robert Bosch GmbH


SHAREHOLDING VOTING RIGHTS
Percentage figures Percentage figures

Robert Bosch GmbH Bosch family MOBILIT Y INDUSTRIAL


1 7 SOLUTIONS TECHNOLOGY
Bosch family Page 10 Page 12
7

Robert Bosch Robert Bosch


Stiftung GmbH  Industrietreuhand KG
92 93

THE BOSCH GROUP is a leading global supplier of and sales network covers nearly every country in the
technology and services. It employs roughly 389,000 world. The basis for the company’s future growth
associates worldwide (as of December 31, 2016). is its innovative strength. At 120 locations across
The company generated sales of 73.1 billion euros the globe, Bosch employs some 59,000 associates
in 2016. Its operations are divided into four business in research and development.
sectors: Mobility Solutions, Industrial Technology,
Consumer Goods, and Energy and Building Technology. The company was set up in Stuttgart in 1886 by
As a leading IoT company, Bosch offers innovative Robert Bosch (1861–1942) as “Workshop for Pre-
solutions for smart homes, smart cities, connected
mobility, and connected manufacturing. It uses its
cision Mechanics and Electrical Engineering.” The
special ownership structure of Robert Bosch GmbH
CONSUMER ENERGY AND
expertise in sensor technology, software, and services, guarantees the entrepreneurial freedom of the Bosch GOODS BUILDING
as well as its own IoT cloud, to offer its customers
connected, cross-domain solutions from a single
Group, making it possible for the company to plan
over the long term and to undertake significant up-
Page 14 TECHNOLOGY
source. The Bosch Group’s strategic objective is to front investments in the safeguarding of its future. Page 16
create solutions for a connected life. Bosch improves Ninety-two percent of the share capital of Robert
quality of life worldwide with products and services Bosch GmbH is held by Robert Bosch Stiftung GmbH,
that are innovative and spark enthusiasm. In short, a charitable foundation. The majority of voting rights
Bosch creates technology that is “Invented for life.” are held by Robert Bosch Industrietreuhand KG, Other businesses not allocated
The Bosch Group comprises Robert Bosch GmbH and an industrial trust. The entrepreneurial ownership to business sectors:
its roughly 440 subsidiaries and regional companies functions are carried out by the trust. The remaining
in some 60 countries. Including sales and service
Bosch Healthcare Solutions GmbH
shares are held by the Bosch family and by Robert
partners, Bosch’s global manufacturing, engineering, Bosch GmbH. Bosch Software Innovations GmbH
Robert Bosch Start-up GmbH
Robert Bosch Venture Capital GmbH

4 5
Bosch today 2017 Strategy and innovation

WWW.WEAREBOSCH.COM

We are
Bosch
Our objective – what we want to achieve

Our motivation – what drives us

Our strategic focal points – what will help us succeed


Focusing on customers | Shaping change | Striving for excellence

Our strengths – what we do well


Bosch culture | Innovation | Outstanding quality | Global presence

Our values – what we build on


Future and Responsibility and Initiative and Openness and Fairness Reliability, credibility, Diversity
result focus sustainability determination trust legality
6 7
Bosch today 2017 Strategy and innovation

On the way to becoming


an IoT company
We operate on all three
levels of connectivity:
intelligent and connected
devices, software
platforms, and applications
and services.

Bosch will use Our expertise covers


connectivity the entire IoT Having our own IoT
value chain from cloud gives us greater
to further develop its sensors to ser vices.
speed and flexibility
traditional business. as well as enhancing
data security.

As one of the world’s leading


companies, our goal is to
We already connect more
than 5 million devices. play a major part in shaping
Our goal is to connect around
25 million devices by 2019. the internet of things (IoT).
We are continuing to
refine our Bosch IoT
Suite to offer microser-
We are opening up vices that can be used as
completely new flexible modules, and
business opening the platform
opportunities. up to third parties.

As a globally leading
supplier of MEMS For more about our strategy, read the group
sensors we have a USP.
management report in the 2016 annual report at
annual-report.bosch.com
8 9
Bosch today 2017 Strategy and innovation

Agility
Times are changing, and with this change comes the need for new forms of
collaboration. It’s up to everyone to think and work outside the box. In other
words, it’s all about agility. The company’s many initiatives and successful
start-ups are a visible sign of its agility. To accompany the publication of our
annual report for 2016, Bosch is profiling these activities in an exclusively
online magazine.

New worlds
How Bosch develops
completely new products
and services

New perspectives
How Bosch improves
existing solutions

New connections
How Bosch creates
networks internally and The stories illustrating Bosch
externally strategy are available online
at annual-report.bosch.com
10 11
Bosch today 2017 Business sectors

WWW.BOSCH-MOBILITY-SOLUTIONS.COM

Mobility
Solutions
Gasoline Systems
Diesel Systems
Chassis Systems Control
Electrical Drives
Starter Motors and Generators
Car Multimedia
Automotive Electronics
Automotive Aftermarket
Automotive Steering

Other businesses:
Bosch Engineering GmbH
Commercial Vehicles and Offroad Applications
eBike Systems
ETAS GmbH
Two-Wheeler and Powersports Development of sales revenue 2015–2016
Bosch Group

SALES REVENUE – SECTORAL COMPARISON


Figures in billions of euros
The Mobility Solutions business sector, one It offers its customers integrated mobility solu-
of the world’s biggest automotive suppliers, tions that allow cars to interact with other means
accounts for 60 percent of total sales. Its main of transportation such as bicycles, trains, and 41.7 43.9 6.6 6.3 17.1 17.6 5.1 5.2
areas of activity are injection technology and buses. Bosch has been responsible for impor-
powertrain peripherals for internal-combustion tant automotive innovations, such as electronic
engines, diverse solutions for powertrain elec- engine management, the ESP® anti-skid system,
trification, steering systems, safety and driver- common-rail diesel technology, and the e-axle,
assistance systems, technology for user-friendly the electric axle drive system presented at the
infotainment as well as vehicle-to-vehicle and start of 2017. The new drive integrates trans-
vehicle-to-infrastructure communication, repair- mission, electric motor, and power electronics
shop concepts, and technology and services for in one compact housing, making the powertrain
the automotive aftermarket. The sector combines significantly less expensive, more compact, and Mobility Industrial Consumer Energy and
the group’s expertise in three mobility domains more efficient. Solutions Technology Goods Building
– automation, electrification, and connectivity. Technology
12 13
Bosch today 2017 Business sectors

WWW.BOSCHREXROTH.COM
WWW.BOSCHPACKAGING.COM

Industrial
Technology
Drive and Control Technology 1
Packaging Technology

Other businesses:
Bosch Connected Industry

1
Bosch Rexroth AG (100% Bosch-owned)

Development of sales revenue 2015–2016


Bosch Group

SALES REVENUE – REGIONAL COMPARISON


Figures in billions of euros

37.3 38.6 14.1 13.7 19.2 20.8

In 2016, the Industrial Technology business sec- mercial vehicles. Drive and Control Technology
tor generated roughly 9 percent of total Bosch also offers a comprehensive range of services, is
Group sales. The business sector includes the involved in large-scale international projects, and
Drive and Control Technology division, a drive is a leading provider in the area of connected man-
and control technology specialist which is one ufacturing. The Packaging Technology division is
of the leading providers worldwide. Its portfolio one of the world’s leading providers of process
includes customized drive, control, and actuator and packaging solutions for the pharmaceuticals,
Europe Americas Asia Pacific
solutions for factory automation, plant construc- foodstuffs, and confectionery industries, as well (Including other coun-
tion and engineering, mobile machinery, and com- as selected segments of the beverages industry. tries; including Africa)
14 15
Bosch today 2017 Business sectors

WWW.BOSCH-PT.COM
WWW.BSH-GROUP.COM

Consumer
Goods
Power Tools
BSH Hausgeräte GmbH

Associates
Bosch Group 2016, as per Dec. 31, 2016

BY BUSINESS SECTOR

Mobility Industrial Technology


Solutions 38,117
226,856
10%
The Consumer Goods business sector contribut- GmbH. As one of the leading global manufactur- Consumer Goods
ed some 24 percent of total Bosch Group sales in ers of household appliances, it offers the entire 58%
20% 76,131
2016. It includes the Power Tools division, one of range of modern and energy-efficient appliances,
the world’s leading suppliers of power tools and which are increasingly also web-enabled. Its
8%
power-tool accessories, as well as of measuring product portfolio ranges from washing machines 4% Energy and
and gardening tools. One of the division’s focal and tumble dryers through refrigerators and Building Technology
points is convenient, high-performance cordless freezers, stoves and ovens, and dishwashers, to 30,293
equipment, and increasingly also web-enabled small appliances such as vacuum cleaners, coffee
equipment and services. The Consumer Goods makers, and food processors. Other activities 1
business sector also includes BSH Hausgeräte Corporate functions and research
1
17,884
16 17
Bosch today 2017 Business sectors

WWW.BOSCH-ENERGY.COM

Energy and
Building
Technology Security Systems
Thermotechnology
Bosch Global Service Solutions

Other businesses:
Robert Bosch Smart Home GmbH

Associates
Bosch Group 2016, as per Dec. 31, 2016

BY REGION

In 2016, the Energy and Building Technology busi- division, Bosch is a leading manufacturer of
ness sector generated roughly 7 percent of total energy-efficient heating products and hot-water Germany Europe 
Bosch Group sales. Its Security Systems division solutions in Europe. With a view to functions 133,974 (Excluding Germany)
26 %
offers innovative products and solutions relating such as remote diagnosis, web-enabled devices 102,680
to video surveillance, intrusion-detection, fire- are becoming increasingly important. Bosch 35 %
detection, and voice-alarm systems, access-con- Global Service Solutions is a leading international 11 %
trol and building management systems, and provider of business process outsourcing for Americas
professional audio and conference systems. complex business processes and services. Within 42,627
28 %
Bosch also operates in selected countries via Bosch, it also provides shared-service functions.
the Integrator Business operating unit (installa- Robert Bosch Smart Home GmbH combines the
tion business), which offers solutions and serv- company’s smart-home activities, and offers Asia Pacific 
ices for building security, energy efficiency, and products and services for smart homes from a (Including other countries)
building automation. With its Thermotechnology single source. 110,000
18 19
Bosch today 2017 Highlights 2016

Highlights 2016 04 05
April 8 – Stuttgart, Germany May 2 – Lund, Sweden

Bridge-builder for Bosch Bosch opens innovation


01 02 In his 40 years with Bosch, Tilman Todenhöfer
incubator in Sweden
used his diplomatic skills to smooth many The company’s first engineering location in
January 6 – Las Vegas, USA February 22 – Reutlingen, Germany paths, building bridges within the company Scandinavia has 50 Bosch experts on board.
and for the company. He now steps down
When cars help out in the kitchen Vital sensor hubs for wearables from the supervisory board and Robert Bosch
Industrietreuhand.
CES Consumer Electronics Show: Bosch
presents the future of mobility and homes.
Bosch Sensortec launches the first generation
of sensor-hub products with optimized vital 06
parameter measurement.
June 9 – Lisbon, Portugal

2016 European Inventor Award


goes to the father of ESP®
The European Patent Office recognizes the
retired Bosch associate Anton van Zanten for
his life’s work.

April 9 – Changsha, China

German Foreign Minister


Steinmeier visits Bosch plant
in China
January 6 – Las Vegas, USA

CES 2016 Innovation Award 03 At the Bosch plant in the central Chinese
provincial capital of Changsha, the focus of
the visit is on intelligent production.
Winner in the “In-Vehicle Audio/Video” cat-
egory: a touchscreen with haptic feedback March 9 – Berlin, Germany June 22 – Tel Aviv, Israel
developed by Bosch. April 13 – Abstatt, Germany
Bosch Connected World Bosch establishes research office
Fourth global meeting of Bosch in Tel Aviv
Bosch launches its own cloud for web-based
services.
employee representatives
Focus on collaboration with scientific institu-
67 delegates, 37 countries, 17 languages: the tions and start-ups in fields such as machine
global meeting of Bosch employee represent- learning, robotics, cybersecurity, connectivity,
atives is becoming ever more international. and the internet of things.
20 21
Bosch today 2017 Highlights 2016

07 09 10 November 10 – Waiblingen, Germany

Bosch is becoming a part of


everyday healthcare
July 18 – Stuttgart, Germany September 21 – Walldorf and Stuttgart, October 6 – Stuttgart, Germany
Germany Vivatmo me is the first breath analysis device
Bosch forms an alliance Sensors and software bring that allows asthmatics a quick and no-fuss
against cancer Technology partner for more Robert Bosch’s workbench from way of measuring the severity of airway
customer benefit 1887 into the era of connected inflammation.
The Robert Bosch Hospital, the Robert Bosch
Stiftung, and the Bosch Group join forces to manufacturing
Bosch and SAP form a strategic partnership
fight cancer, launching a number of related for the internet of things and connected
initiatives. Bosch’s new internet of things gateway makes
manufacturing.
the benefits of connected manufacturing
available to factories using older machinery.

September 21 – Hannover, Germany

66th IAA Commercial

08 Vehicles 2016
Bosch presents its solutions and ideas for
October 12 – Abstatt and Rülzheim, Germany
the connected, automated, and electrified
August 3 – Berlin, Germany commercial vehicles of tomorrow. Bosch plans acquisition of ITK
Bosch’s first shared mobility Engineering AG
platform September 30 – Würzburg, Germany
With a workforce of 800, ITK Engineering is
Leadership Award Connected a leading supplier of systems and software
12
An e-scooter sharing service launches in
Berlin under the new Coup brand. World 2016 development in multiple sectors.

Vogel Business Media honors the Bosch CEO


Volkmar Denner for his exceptional dedica-
tion and achievements in the area of digital
11 December 15 – Stuttgart, Germany

connectivity. Cyber Valley: Bosch finances


November 7 – Clifton, USA, and Stuttgart, an endowed chair for machine
Germany learning
Acquisition of Skyline A first for Germany: Bosch joins forces with
Automation partners from the political, industrial, and
scientific arenas to create Cyber Valley, which
Bosch acquires specialist in building automa- will drive forward research into artificial
tion and strengthens its international business intelligence in Baden-Württemberg.
with integrated services for non-residential
buildings.
22 23
Bosch today 2017 The business year 2016

The business year


2016
Development of sales revenue Development of EBIT
Bosch Group 2012–2016 Bosch Group 2012–2016

Figures in millions of euros Figures in millions of euros

44,703 46,068 48,951 70,607 73,129 2,118 2,751 3,030 4,587 3,335

12 13 14 15 16 12 13 14 15 16

In the context of an only moderate pace of growth Performance varied by region and business sec- In many respects, result is affected by upfront 9.5 percent, compared with 9.0 percent in the
in the global economy, the Bosch Group grew well tor. In regional terms, the pace of business picked investments relating to the transformation that previous year.
in 2016, recording a number of success stories up considerably in Asia Pacific over the course of lies ahead. EBIT (earnings before taxes and
in its various business sectors. Despite a slow the year. Growth in Europe was also encouraging. before financial result) from operations totaled There was also considerable expenditure on
economic environment and significant negative With regard to the business sectors, Mobility 4.3 billion euros in 2016, while the operating restructuring and adjustment measures. This is
exchange-rate effects, the target growth range of Solutions and Consumer Goods recorded the margin was 5.8 percent. Both figures were thus because part of the upfront investments goes
3 to 5 percent for sales was achieved, and even strongest growth. down year on year. into aligning the company’s traditional business
exceeded slightly after adjusting for exchange with changing requirements and markets. In
rates. Sales increased in 2016 by 3.6 percent Above all, the upfront investments included 2016, Bosch disclosed EBIT of 3.3 billion euros,
in nominal terms to 73.1 billion euros, a rise of increased research and development cost and compared with 4.6 billion euros in the previous
5.5 percent allowing for exchange-rate effects. increased depreciation on property, plant, year. The main difference between this figure and
and equipment as a result of greater capital EBIT from operations is additional depreciation in
expenditure. Research and development cost connection with the complete acquisition of the
reached approximately 7 billion euros in 2016, former Automotive Steering and BSH Hausgeräte
compared with 6.4 billion euros in the previous GmbH joint ventures in 2015.
year. Research and development intensity was
24 25
Bosch today 2017 The business year 2016

Research and development cost  1 Research and development cost 1


Bosch Group 2012–2016 Bosch Group 2012–2016

TOTAL EXPENDITURE TOTAL EXPENDITURE


Figures in millions of euros As a percentage of sales revenue

4,442 4,543 4,959 6,378 6,954 9.9 9.9 10.1 9.0 9.5

12 13 14 15 16 12 13 14 15 16

1
Including development work charged directly to customers 1
Including development work charged directly to customers

Bosch is energetically tackling the transformation The total number of Bosch Group associates rose Outlook for 2017
required in light of the technological changes by around 14,500 to approximately 389,300 at
brought about by the internet of things. It is the end of 2016, compared with 374,800 at the While there are signs that global economic
focusing on increasing connectivity in mobility end of 2015. growth will be slightly higher in 2017 than in the
and industry, consumer goods, and building and previous year, the political and economic risks
energy technology. Its largest business sector, In view of far-reaching technological changes in are considerable. Against this backdrop, the
Mobility Solutions, is also facing significant chal- areas such as powertrain technology and with Bosch Group expects sales growth to be on a par
lenges arising from the future electrification of the respect to IT expertise, providing associates with the previous year. Yet considerable upfront
powertrain. The Bosch Group aims to become a with further training is an important task. Bosch investments relating to the transformation that
leading supplier for the internet of things and of invested around 250 million euros in continuing lies ahead will again have to be made in 2017.
pioneering mobility solutions. professional development in 2016 alone. Occu- Nonetheless, it is planned to improve result
pational training and continuing professional compared with 2016.
development have traditionally been regarded
as very important at Bosch. Worldwide, over
7,300 young people completed apprenticeship
schemes at Bosch in 2016.
26 27
Bosch today 2017 Sustainability

CSR.BOSCH.COM

Sustainability Progress toward the


Bosch-wide sustainability
targets in 2016
30.6%
reduction in CO2 emissions
(relative to value created
in-house) over 2007

Target:
35% by
2020
1.5%
reduction in waste (relative
For the Bosch Group, sustainability means secur- make up one-fifth of Bosch executives, and the to value created in-house)
ing the company’s long-term success while at the number of occupational accidents should fall to over 2015
same time protecting the natural resources on 1.7 per million hours worked.
which present and future generations depend. Target:
In line with its “Invented for life” ethos, Bosch Bosch reports progress toward these goals to 3.9% 6% by
2018
pursues the aim of making renewable energy even the UN Global Compact, the world’s largest reduction in water
consumption (relative to
more cost effective and mobility even safer and initiative for responsible corporate governance. value created in-house)
more efficient. On a more general level, the aim In its annual sustainability report, the company over 2015
is to develop eco-friendly, resource-conserving describes how it adheres to the international Target:
products. At Bosch, therefore, ecology is a driver principles relating to human rights, labor stand- 6% by Since 2010
2018
of innovation: last year, for example, more than
50 percent of the research and development
ards, environmental protection, and the fight
against corruption. In addition, Bosch has been
614
environmental and health
budget went into products in the “environment concerning itself with the UN’s sustainable devel- and safety audits carried
out at suppliers
and safety” portfolio, which generated some
40 percent of the company’s sales in 2016. Bosch opment goals (SDGs), which came into force in
Target:
sees huge opportunities in the areas of connec- early 2016. The UN aims to have achieved these 1,000 by
tivity, electrification, and energy efficiency. At the goals by 2030. With their mission of upholding 2020
same time, the company systematically applies human dignity, promoting progress, and keep-
sustainability management to counter risks aris- ing the environment intact, these goals are an
ing from climate change and resource scarcity. important compass for Bosch. They make it
easier to see activities from the perspective
For Bosch, endeavors to balance out economic, of their social relevance. The focus is on activ- 2.7
accidents per million
ecological, and social concerns result in four ities for good health and well-being (SDG 3), hours worked in 2016
fields of sustainability-related action: environ- sustainable cities and communities (SDG 11),
ment, products, associates, and society. Within and climate action (SDG 13). In addition, Bosch’s
Target:
these fields, the company has set five specific social commitment improves factors such as 1.7 by
targets. Relative to its own value creation, Bosch access to quality education (SDG 4) and pro- 2020

wants to reduce its waste volumes and water motes peace and justice (SDG 16). The most
consumption by 6 percent by 2018, and to cut recent example of this is the company’s support
its CO2 emissions (from their 2007 level) by for refugees in Europe.
35 percent by 2020.
15.4%
women executives
In the period between 2010 and 2020, moreover,
in 2016
it is planned to carry out a total of 1,000 envi-
ronmental and health and safety audits at our Target:
20% by
suppliers. By 2020, furthermore, women should 2020
28 29
Bosch today 2017 Robert Bosch Stiftung

Total project grants


WWW.BOSCH-STIFTUNG.DE
2016 109.1m
1,486m
Robert Bosch
1964–2016

Figures in millions of euros Healthcare 6.7

Stiftung Science 7.2

Society 9.2

The expert commission convened by the Stiftung to


reconceptualize refugee policy formulated 99 reform Education 7.9
proposals, which were presented to and discussed
with the German federal president at a joint forum.
International relations: Americas and Asia 9.0
A further major Stiftung project is the Deutscher
Schulpreis (German school award), which is pre-
sented annually to the best schools in Germany.
Over the past ten years, the award has given rise to International relations:
a movement for educational excellence. Europe and its neighbors 14.2

Since it was established in 1964, Robert Bosch The following institutions also belong Projects by the Berlin liaison office
to the Stiftung: to promote international relations 5.7
Stiftung has been carrying on the company • Robert Bosch Hospital
founder’s public welfare endeavors. It anticipates • Dr. Margarete Fischer-Bosch Institute for Clinical Projects of the management board 0.3
Pharmacology Projects of the communications department 0.1
emergent social issues and formulates exemplary
• Institute for the History of Medicine of Robert
solutions. In addition, it develops and carries out Bosch Stiftung Research at institutes 1 and the
projects of its own. The Stiftung also supports • Deutsche Schulakademie Robert Bosch Hospital 14.1
• UWC Robert Bosch College
third-party projects that fit with its own objec-
• Robert Bosch Centrum für Tumorerkrankungen
tives. It finances its work from the dividend it • International Alumni Center iac Berlin
receives as a shareholder in Robert Bosch GmbH.
Dependent foundations within the Stiftung:
• Otto und Edith Mühlschlegel Stiftung (aging)
Robert Bosch Stiftung is active in the areas of • Hans-Walz-Stiftung (research into complementary
healthcare, science, society, education, and medicine)
• DVA-Stiftung (Franco-German dialogue)
international relations. To be even better pre- • Rochus und Beatrice Mummert Stiftung Capital expenditure for the
pared for the major challenges of our time, the (international promotion of young talent) Robert Bosch Hospital 27.1

Stiftung redesigned its strategy in 2016, and


now focuses its work on three main issues:
“migration, integration, and participation,” “social
cohesion in Germany and Europe,” and “viable Welcome to the school of
the year 2016! These two Robert Bosch College UWC GmbH 1.2
living environments.”
pupils attend the “Auf der Die Deutsche Schulakademie gGmbH 3.1
Süsteresch” elementary school Funding for the Otto und
The Stiftung’s work in the area of mass migration in Schüttorf, north Germany. Edith Mühlschlegel Stiftung 1.2
Their school won the German
is an example of its focus on major social issues. school award.
Dependent foundations 2.1
Dr. Margarete Fischer-Bosch Institute for Clinical Pharmacology,
1

Institute for the History of Medicine of Robert Bosch Stiftung,


Robert Bosch Centrum für Tumorerkrankungen
30 31
Bosch today 2017 Bosch as an employer

WWW.BOSCH-CAREER.COM

Bosch as an Balance your life


Make your job match your lifestyle.

employer
We provide you with individual support.
You know that there is more to life than just work. That’s why we
actively support you in finding a healthy balance between your
private and professional lives. Join us, and let life happen.

Walk the talk


Wherever you are –
our team spirit is with you.
Robert Bosch founded our company over 130 years ago, and
Why work for Bosch? we still live by the values he embodied today. Discover a culture
that is based on respect and responsibility, and carry our values

Here is why. further.

Make your mark Discover new directions


Give your job a meaning. Your way might change –
With solutions “Invented for life”. we will stay by your side.
At Bosch, we are committed to developing innovative, beneficial, We welcome change and encourage you to switch between
and fascinating products and services. Enhance with us the qua- positions and working fields. Tell us about your goals, and let us
lity of life worldwide, and leave a lasting mark on the world. put them into practice.

Shape tomorrow’s world Be yourself


The future offers many opportunities. Your diversity makes us special.
Be among the first to take advantage of them. Enrich us with your own unique personality.
With regard to global megatrends and new technical capabilities, Everyone is different. We appreciate your individuality and belie-
we create solutions for a connected life. And there is much more ve that diversity is an asset for our company. Show us your way
potential for us to tap. Create your vision of the future with us, of thinking, and let us drive great innovations together.
and witness how your ideas shape tomorrow’s world.

Pay it forward
Find your place We love our business and our environment.
You know how you can work best.
Let’s save them both for future generations.
We offer you the conditions needed.
At the core of our DNA is social responsibility. That’s why, with
One global company, many ways of working: From start-ups to us, you can achieve business success and support social and
established corporate structures, we offer a wide range of environmental projects at the same time.
working environments. Join in, and find the right place for you.
32 33
Bosch today 2017 The Bosch Group in Germany

The Bosch Group


in Germany Hamburg

Bremen

Corporate headquarters Ober-Ramstadt, Remshalden, Schopfheim,


Nauen Berlin
Gerlingen near Stuttgart Schweinfurt, Stuttgart, Viersen, Volkach,
Hannover
Waiblingen Braunschweig
Wettringen Hildesheim Salzgitter Magdeburg
Research and development locations
Abstatt, Berlin, Bretten, Bühl/Bühlertal, Manufacturing operations – Consumer Goods
Willershausen
Crailsheim, Dillingen, Ditzingen, Elchingen, Bad Neustadt, Bretten, Dillingen, Giengen, Bochum
Erbach, Giengen, Grasbrunn, Hildesheim, Leinfelden, Murrhardt, Nauen, Ravensburg, Essen Göttingen
Leipzig
Horb, Leinfelden, Leonberg, Lohr, Lollar, Sebnitz, Traunreut Viersen Ratingen
Düsseldorf Dresden
Plochingen, Regensburg, Renningen,
Sebnitz
Reutlingen, Schwäbisch Gmünd, Manufacturing operations – Energy and Cologne Breidenbach
Eibelshausen Eisenach Ichtershausen Chemnitz
Schwieberdingen, Stuttgart, Traunreut, Building Technology Wetzlar
Lollar
Arnstadt
Waiblingen, Wernau Eibelshausen, Gunzenhausen, Lollar,
Straubing, Wernau, Wettringen
Bad Neustadt
Manufacturing locations – Mobility Solutions Frankfurt am Main
Ansbach, Arnstadt, Bamberg, Berlin, Sales and service centers Hainburg
Lohr
Schweinfurt
Bietigheim, Blaichach/Immenstadt, Berlin, Bochum, Braunschweig, Cologne, Ober-Ramstadt Augsfeld Bamberg
Volkach
Breidenbach, Bremen, Bühl/Bühlertal, Ditzingen, Düsseldorf, Essen, Fellbach,
Erbach Fürth
Eisenach, Göttingen, Hildesheim, Homburg, Frankfurt am Main, Fürth, Garching, Nuremberg
Homburg
Kusterdingen, Munich, Neunkirchen, Grasbrunn, Hainburg, Hamburg, Hannover, Neunkirchen
Ketsch
Abstatt Ansbach
Crailsheim
Nuremberg, Plochingen, Pollenfeld, Ichtershausen, Karlsruhe, Leipzig, Magdeburg, Bretten Bietigheim Gunzenhausen
Karlsruhe Murrhardt Regensburg
Reutlingen, Rutesheim, Salzgitter, Schwäbisch Munich, Nuremberg, Pollenfeld, Ratingen, Pollenfeld
Schwäbisch Gmünd
Gmünd, Stuttgart, Waiblingen Stuttgart, Wetzlar, Willershausen Straubing
Bühl/Bühlertal Giengen
Dillingen
Kusterdingen Reutlingen Elchingen
Technical sales offices for automotive Bosch Software Innovations GmbH Horb Königsbrunn

original equipment Berlin, Immenstaad, Waiblingen Munich


Garching
Grasbrunn
Berlin, Braunschweig, Cologne, Frankfurt am Traunreut
Main, Munich, Waiblingen Associates in Germany: Schopfheim Ravensburg
133,974 Blaichach/Immenstadt
Immenstaad
Manufacturing operations – Industrial Schwieberdingen
Technology Rutesheim Ditzingen Fellbach/
Waiblingen
Augsfeld, Chemnitz, Crailsheim, Dresden, (as of December 31, 2016)
Leonberg
Gerlingen
This list includes locations Remshalden
Elchingen, Erbach, Fellbach, Homburg, Horb, with 100 or more associates, including the locations
Stuttgart
Renningen Plochingen
Ketsch, Königsbrunn, Lohr, Nuremberg, of non-consolidated subsidiaries. Leinfelden
Wernau
34 35
Bosch today 2017 The Bosch Group in Europe (outside Germany)

The Bosch Group


Poland 5,140 associates Sweden 1,496 associates
Manufacture of automotive technology and Manufacture of industrial technology and heating
household appliances; engineering; sales; systems; sales; locations: Mellansel, Stockholm,
locations: Łódź, Rzeszów, Warsaw, Wrocław Tranås

in Europe (outside Portugal 3,967 associates


Manufacture of automotive technology, heating
systems, and security systems; engineering;
Switzerland 3,240 associates
Manufacture of industrial technology and power
tools; engineering; sales; locations: Beringen,

Germany)
communications services; sales; locations: Buttikon, Frauenfeld, Geroldswil, Solothurn, St.
Aveiro, Braga, Lisbon, Ovar Niklaus

Romania 4,816 associates Turkey 16,670 associates


Manufacture of automotive technology Manufacture of automotive technology, industrial
and industrial technology; engineering; technology, and heating systems;
communications services; sales; locations: Blaj, engineering; sales; locations: Bursa, Çerkezköy,
Austria 3,619 associates Marignier, Mondeville, Moulins, Paris, Rodez, Bucharest, Cluj, Timişoara İstanbul, Manisa
Manufacture of automotive technology and Saint-Ouen, St-Thégonnec, Vendôme, Vénissieux
industrial technology; engineering; sales; Russian Federation 3,742 associates Ukraine 369 associates
locations: Hallein, Linz, Pasching, St. Michael ob Greece 530 associates Manufacture of automotive technology, Manufacture of automotive technology; sales;
Bleiburg, Ternitz, Vienna Manufacture of household appliances; sales; household appliances, and power tools; locations: Kiev, Krakovets
location: Athens (Koropi) communications services; sales; locations:
Belgium 1,644 associates Engels, Kazan, Khimki, Moscow, Samara, St. United Kingdom 5,290 associates
Manufacture of automotive technology; sales; Hungary 14,316 associates Petersburg Manufacture of automotive technology, industrial
locations: Aartselaar, Brussels, Tienen Manufacture of automotive technology, industrial technology, power tools, and heating systems;
technology, and power tools; engineering; sales; Serbia 1,039 associates communications services; sales; locations:
Bulgaria 153 associates locations: Budapest, Eger, Hatvan, Maklár, Manufacture of automotive technology; sales; Alfreton, Cirencester, Clay Cross, Denham,
Sales; engineering; location: Sofia Miskolc locations: Belgrade, Pećinci Glenrothes, Greetland, Liverpool, Milton Keynes,
St. Neots, Stockport, Stowmarket, Worcester
Czech Republic 8,513 associates Italy 5,900 associates Slovakia 1,096 associates
Manufacture of automotive technology, industrial Manufacture of automotive technology, industrial Manufacture of automotive technology and
technology, and heating systems; engineering; technology, and power tools; engineering; sales; household appliances; engineering; sales;
sales; locations: Albrechtice, Brno, České locations: Bari, Cernusco, Cinisello Balsamo, locations: Bernolákova; Michalovce
Budějovice, Jihlava, Mikulov, Prague Correggio, Fagagna, Milan, Modugno, Nonantola,
Offanengo, Pavullo nel Frignano, Turin, Udine, Slovenia 1,377 associates
Denmark 715 associates Vezzano Manufacture of industrial technology and
Manufacture of automotive technology; sales; household appliances; engineering; sales;
locations: Ballerup, Esbjerg Netherlands 3,837 associates locations: Nazarje, Škofja Loka
Manufacture of automotive technology,
Finland 220 associates industrial technology, heating systems, and Spain 8,896 associates
Sales; location: Vantaa security systems; engineering; sales; locations: Manufacture of automotive technology, household (as of December 31, 2016)
Amsterdam, Boxtel, Breda, Deventer, Eindhoven, appliances, and industrial technology; engineering; This list includes countries and locations with 100
or more associates, including the locations of non-
France 7,651 associates Hoevelaken, Schiedam, Tilburg, Weert communications services; sales; locations: consolidated subsidiaries.
Manufacture of automotive technology, industrial Aranjuez, Barcelona, Castellet, Esquíroz, La Cartuja,
Further companies operate in Belarus, Croatia,
technology, and heating systems; engineering; Norway 208 associates Lliçà d‘Amunt, Madrid, Montañana, San Sebastián, Estonia, Georgia, Ireland, Latvia, Lithuania, and
communications services; sales; locations: Sales; location: Ski Santander, Treto, Vigo, Vitoria, Zaragoza Luxembourg.
Drancy, Freyming, La Ferté-Bernard, Lipsheim,
36 37
Bosch today 2017 The Bosch Group outside Europe

The Bosch Group


outside Europe Malaysia 3,020 associates
Manufacture of automotive technology and
power tools; engineering; sales; locations:
United States 18,493 associates
Manufacture of automotive technology,
industrial technology, power tools, household
Penang, Petaling Jaya appliances, heating systems, and security
systems; engineering; sales; locations:
Mexico 14,288 associates 75 locations, including Albion/IN, Anderson/
Manufacture of automotive technology and SC, Bethlehem/PA, Broadview/IL, Charleston/
Argentina 246 associates Colombia 100 associates power tools; engineering; sales; locations: SC, Charlotte/NC, Fairport/NY, Farmington
Sales; location: Buenos Aires Sales; location: Bogotá Aguascalientes, Guadalajara, Hermosillo, Hills/MI, Florence/KY, Fort Lauderdale/
Juárez, Lerma, Mexicali, Mexico City, San Luis FL, Fountain Inn/SC, Irvine/CA, Kentwood/
Australia 1,276 associates Costa Rica 200 associates Potosí, Toluca MI, La Follette/TN, Mount Prospect/IL, New
Manufacture of automotive technology and Communications services; location: Heredia Bern/NC, New Richmond/WI, Owatonna/
power tools; engineering; sales; locations: Morocco 131 associates MI, Phoenix/AZ, Palo Alto/CA, Plymouth/MI,
Clayton, Melbourne, Sydney India 32,977 associates Sales; location: Casablanca Warren/MI
Manufacture of automotive technology,
Brazil 8,507 associates industrial technology, power tools, and Peru 718 associates Manufacture of Vietnam 3,028 associates
Manufacture of automotive technology, household appliances; software development; household appliances; sales; location: Callao Manufacture of automotive technology and
industrial technology, heating systems, engineering; communications services; sales; creation of software; engineering, sales;
security systems, and power tools; locations: Ahmedabad, Bengaluru, Bidadi, Philippines 530 associates location: Ho Chi Minh City
engineering; communications services; Bommanahalli, Chakan, Chennai, Coimbatore, Communications services; sales; location:
sales; locations: Alphaville, Aratú, Atibaia- Gangaikondan, Hyderabad, Jaipur, Manila
SB, Campinas, Curitiba, Itupeva, Joinville, Koramangala, Naganathapura, Nalagarh,
Pomerode, São Paulo Nashik, Pune, Verna Singapore 919 associates
Sales; location: Singapore
Canada 601 associates Indonesia 222 associates
Sales; locations: Mississauga, Welland Manufacture of automotive technology; sales; South Africa 1,331 associates
location: Jakarta Manufacture of automotive technology; sales;
Chile 166 associates locations: Brits, Kempton Park, Midrand
Sales; location: Santiago de Chile Japan 6,866 associates
Manufacture of automotive technology and Taiwan 869 associates
China 59,563 associates industrial technology; engineering; sales; Manufacture of automotive technology;
Manufacture of automotive technology, locations: Higashi-Matsuyama, Izumozaki, engineering; sales; locations: Pingzhen, Taipei
industrial technology, power tools, household Misato, Musashi, Odawara, Osaka, Ota,
appliances, heating systems, and security Shibuya, Shiki, Takasaki, Tochigi, Tsuchiura, Thailand 1,509 associates
(as of December 31, 2016)
systems; engineering; communications Yokohama, Yorii Manufacture of automotive technology and This list includes countries and locations with 100
services; sales; locations: Beijing, Changchun, industrial technology; sales; locations: Amata or more associates, including the locations of non-
Changsha, Chengdu, Chuzhou, Dongguan, Korea 2,490 associates City, Bangkok, Chonburi, Rayong consolidated subsidiaries.

Guangzhou, Hangzhou, Hong Kong, Jinan, Manufacture of automotive technology; Further companies operate in
Liuzhou, Nanjing, Ningbo, Qingdao, Shanghai, engineering; sales; locations: Busan, Deagu, United Arab Emirates Bangladesh, Botswana, Cambodia, Ecuador, Egypt,
Ghana, Iran, Israel, Kazakhstan, Kenya, Mozambique,
Shenzhen, Suzhou, Wuhan, Wuhu, Wujin, Daejeon, Sejong, Yongin 128 associates Namibia, New Zealand, Nigeria, Panama, Sri Lanka,
Wuxi, Xi‘an, Yantai, Zhuhai, Zibo Sales; location: Dubai Tunisia, Uruguay, Venezuela, and Zambia.
38 39
Bosch today 2017 Milestones

Milestones
1913
At the main plant in Stuttgart, establishment
of an apprentice training department with a
dedicated workshop

Market launch of the Bosch automotive


in company history lighting system

1861
Robert Bosch is born in Albeck near Ulm on 1918
September 23
Gottlob Honold designs the new Bosch logo –
the “armature in a circle”

1886
Establishment of the company: opening 1921
of the Workshop for Precision Mechanics
The first Bosch Service repair
and Electrical Engineering in Stuttgart on
shop is opened in Hamburg
November 15

1897 1927
Start of production of Bosch injection pumps
First successful installation of the Bosch low-
and nozzles for diesel engines
voltage magneto ignition device in a motor vehicle

1928
1898
Market launch of the Forfex hair trimmer, the
First Bosch sales office outside first Bosch power tool
Germany opens in the United
Kingdom

1932
1902
First power drill and
Delivery of the first Bosch hammer
high-voltage magneto ignition
system with Bosch spark plugs
1932
Acquisition of heating systems business of
1905 Junkers & Co. GmbH in Dessau

First Bosch manufacturing site outside Market launch of the first mass-produced car
Germany opens in Paris radio in Europe

1912 1933
Start of production in Bosch’s first U.S. plant, Launch of the Bosch refrigerator
in Springfield, MA
40 41
Bosch today 2017 Milestones

1940
Opening of the Robert Bosch Hospital
1978
Start of production of ABS,
1942 the electronically controlled antilock
Robert Bosch dies in Stuttgart on March 12
braking system

1951
Start of production of gasoline injection systems
for passenger cars
1979
1963 Start of production of the Motronic electronic
engine management system
Acquisition of Erich Wetzel Verpackungsmaschinen
GmbH, entry into packaging technology

1986
1964 Start of production of the TCS traction control
system
The not-for-profit organization Vermögens-
verwaltung Bosch (from 1969 Robert Bosch
Stiftung GmbH) acquires a majority stake in
Robert Bosch GmbH 1989
Launch of TravelPilot IDS, the first independent
1967 vehicle navigation system in Europe

Establishment of Bosch-Siemens Haus-


1991
geräte GmbH (known after 1998 as BSH
Bosch und Siemens Hausgeräte GmbH and Start of production of Motronic with controller
since 2015 as BSH Hausgeräte GmbH) area network (CAN)

1967 1995
Start of production of the Jetronic electroni- Start of large-scale production of MEMS
cally controlled gasoline injection system sensors (micro-electro-mechanical systems)

Start of production of ESP®, the world’s first


electronic stability program
1976
Production of lambda sensors for three-way
catalytic converters begins
1997
Start of production of the common-rail
high-pressure diesel injection system
42 43
Bosch today 2017 Milestones

2012
Bosch sets up a joint venture with the
1999 Chinese manufacturer Polaris, thus entering
the e-scooter market
ZF Lenksysteme GmbH joint venture (since 2015:
Robert Bosch Automotive Steering GmbH) set up
with ZF Friedrichshafen AG 2013
Start of production of MSC motorcycle
stability control
2000
Production of the DI Motronic gasoline direct
2014
injection system
Lithium Energy and Power GmbH & Co. KG
joint venture set up to develop high-perfor-
mance rechargeable batteries for electric
2001 vehicles

Industrial leadership of Mannesmann Rexroth AG,


and its merger with the Automation Technology
division to form Bosch Rexroth AG

2003
Acquisition of Buderus AG, Wetzlar, Germany

2003 2015
Bosch opens new research campus in
Renningen, Germany
Launch of the Ixo cordless
drill/driver with lithium-ion 2015
rechargeable battery Complete takeover of the former joint ventures
BSH Hausgeräte GmbH (formerly BSH Bosch
und Siemens Hausgeräte GmbH) and Robert
2005 2010 Bosch Automotive Steering GmbH (formerly ZF
Lenksysteme GmbH or the Steering Systems
Start of production of the Night Vision driver Full parallel hybrid powertrain for passenger division)
assistance system cars goes into production

Start of production of the predictive 2016


emergency braking system
2008 Bosch launches its own cloud for web-based
services
Establishment of the Bosch Mahle Turbo Systems
GmbH & Co. KG joint venture for exhaust-gas 2011
turbochargers

Acquisition of Innovations Software Technology


Start of production of drive components for
e-bikes in Mondeville, France
2016
GmbH in Immenstaad, Germany (from January 1,
2011: Bosch Software Innovations GmbH) A Bosch e-scooter sharing service
launches in Berlin under the
Coup brand
44 45
Bosch today 2017 Management

Dr. Stefan Hartung Dr. Volkmar Denner Dr. Dirk Hoheisel Uwe Raschke Peter Tyroller

Dr. Markus Heyn Dr. Rolf Bulander Prof. Stefan Asenkerschbaumer Christoph Kübel Dr. Werner Struth

Board of management Supervisory board

Dr. Volkmar Denner Peter Tyroller Dr. Markus Heyn Franz Fehrenbach Christiane Benner 2 Dieter Klein
Chairman Chairman Nadine Boguslawski 3 Prof. Renate Köcher
Dr. Werner Struth 1 Uwe Raschke Dr. Christof Bosch Prof. Olaf Kübler 6
Prof. Stefan Asenkerschbaumer Alfred Löckle Christian Brunkhorst Matthias Georg Madelung
Deputy chairman Dr. Rolf Bulander Dr. Stefan Hartung Deputy chairman
Prof. Elgar Fleisch 4 Kerstin Mai
Dr. Dirk Hoheisel Klaus Friedrich Dr. Wolfgang Malchow
Christoph Kübel
2
Until December 31, 2016
Hartwig Geisel Urs B. Rinderknecht
3
From January 1, 2017 Mario Gutmann 5 Tilman Todenhöfer 6
4
From April 9, 2016 Jörg Hofmann Dr. Richard Vogt
5
From July 1, 2016
6
Until April 8, 2016 Prof. Lars G. Josefsson Prof. Beatrice Weder di Mauro
1
Until March 31, 2017 7
Until June 30, 2016 Prof. Michael Kaschke 4 Hans Wolff 7
46
Bosch today 2017

How to contact us

For press inquiries, contact Corporate


Communications, Brand Management,
and Sustainability.
Bosch Media Service:
bosch-press.com

For information on career opportunities in


the Bosch Group, contact Human Resources
Management at bosch-career.com

Companies wishing to become suppliers to


Bosch should contact Corporate Sector
Purchasing and Logistics at
purchasing.bosch.com

For an online version of the annual report,


go to: annual-report.bosch.com

A pdf version of the annual report and Bosch


today is available at:
bosch.com/boschtoday

The Bosch Group’s corporate headquarters


can be contacted at the following address
and telephone numbers:

Robert Bosch GmbH


Postfach 10 60 50
70049 Stuttgart

Phone +49 711 811- 0


contact@bosch.com
www.bosch.com

Printed in Germany

Print compensated Id-No. 1763652


www.bvdm-online.de
47
How to contact us / Five-year summary

Five-year summary of the Bosch Group

Figures in millions of euros


2012 1 2013 2014 2015 2016
Sales revenue 44,703 46,068 48,951 70,607 73,129
percentage of sales revenue generated
outside Germany 77 77 78 80 80
Research and development cost 2 4,442 4,543 4,959 6,378 6,954
as a percentage of sales revenue 9.9 9.9 10.1 9.0 9.5
Capital expenditure 2,714 2,539 2,585 4,058 4,252
of which in Germany 988 913 1,098 1,394 1,580
outside Germany 1,726 1,626 1,487 2,664 2,672
as a percentage of sales revenue 6.1 5.5 5.3 5.7 5.8
as a percentage of depreciation 101 126 138 146 141
Annual average number of associates
(thousands) 273 280 286 369 384
of which in Germany 109 108 105 131 133
outside Germany 164 172 181 238 251
at Dec. 31 273 281 290 375 389

Total assets 52,611 55,725 61,924 77,266 81,875

Equity 26,900 27,686 29,541 34,424 36,084


as a percentage of total assets 51 50 48 45 44
EBIT 2,118 2,751 3,030 4,587 3,335
Profit after tax 2,304 1,251 2,637 3,537 2,374

¹ Adjusted for changes in accounting policies


² Including development work charged directly to customers
Robert Bosch GmbH

Postfach 10 60 50
70049 Stuttgart
Germany
www.bosch.com