Type
Business expansion
Country
Germany
Region
Location of affected unit(s)
Arnstadt
Sector
Professional Services
Scientific, Architectural And Engineering Technical Activities
Scientific Research And Development
72 - Scientific research and development

2,000 jobs
Number of planned job creations
Job creation
Announcement Date
22 July 2011
Employment effect (start)
22 August 2011
Foreseen end date
31 December 2012

Description

As announced on May 24, 2012, German multinational Bosch will create 2,000 jobs in Germany by the end of 2012.

This is due to record level in 2011 and increasing sales in 2012. In total, employment will sum up to 121,000 in Germany. Worldwide, Bosch will employ 315,000 people by the end of 2012, 12,500 more than by the end of 2011.

On 22 July 2011, Bosch already announced to create some 1,000 new jobs in Arnstadt (Thuringia) during 2011 and 2012.

The company has opened a new research and production facility for solar cells and modules. Part of this new facility is also a training centre. The company has invested 530 million euros into the new facility. The Bosch group currently employs a total of 285,000 employees.


Sources

  • 24 May 2012: Südwest Presse (online)
  • 22 July 2011: Bosch press relase (www.bosch-presse.de)

Citation

Eurofound (2011), Bosch, Business expansion in Germany, factsheet number 72556, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72556.