By using our website, you are agreeing to cookies being stored and Google Analytics being used on your device in order to offer the best possible service. You can find more information on thishere.
Austria.
Where Your Profits Grow Sky High.

Bosch’s business is booming in Austria

Klaus Peter Fouquet © Robert Bosch AG/APA photo service/Schedl

According to Bosch Austria CEO Klaus Peter Fouquet, the underlying reason is that “Austria is booming and we are booming along with it”. Revenue is expected to rise by at least five percent this year, with demand remaining high, especially in the field of mobility. “Above all, the good OEM (original equipment) business contributed to this development along with the ongoing high level of demand for injection systems for large-size engines and exhaust aftertreatment systems”, Fouquet added.

In addition to the core business, the Bosch Group mainly wants to grow with Internet-based technologies. In Austria, “the developers at the Vienna facility bundle the entire software know-how relating to the Internet of Things.” They are working on networked parking and smart home technologies. Vienna is also an important location for the development of all kinds of drive systems, Fouquet stated. On balance, investments on the part of Bosch Austria rose thirteen percent to EUR 24 million in 2017, and the company employed a workforce of about 2,900 people. 1,000 of them are involved in research and development. The total number of employees is expected to increase to about 3,000 by the end of 2018. 

Share on Facebook Share on Facebook Share on Twitter Share on Twitter Share on Linkedin Share on Linkedin

Testimonials

Events

Meet us at events, seminars and trade shows - worldwide.

  • China International Fair for Investment & Trade

    08.09. - 11.09. 2020, Xiamen, China

  • Finanzgipfel 2020

    17.09.2020/ 08:00 , Frankfurt, Deutschland

Austria Map

Find the perfect location for your company

One of Austria's key strengths as a business destination is its highly qualified and motivated skilled workforce for research and development, especially in the scientific sector.

Nestlé Austria

Logo
More testimonials

news from the business location Austria

462 new, international companies. ABA – Invest in Austria looks back on a very successful year.

In 2019 ABA – Invest in Austria supported 462 international companies in setting up their business in Austria – compared to 2018 this shows an increase of 30 % and lead to nearly 5000 newly-created jobs.

“Cash or card?” - Austria, the coronavirus pandemic and the increasing trend towards cashless payment.

The number of cashless transactions in Austria has been increasing for years. This upward trend once again experienced a tremendous boost due to the coronavirus pandemic.

More news All blog posts