BSH

BSH posts record turnover of 15.6 billion euros in 2021

Bosch Group's home appliances company BSH Hausgeräte GmbH (BSH) achieved its highest-ever turnover in the 55 years of its existence for the second consecutive year in 2021.

BSH generated a turnover of 15.6 billion euros last year, a year-on-year increase of 12 percent, according to a company statement released on April 5.

BSH Factory of the Year winner as large scale manufacturer

Nazarje – BSH Hišni Aparati, a Slovenian subsidiary of the Bosch group, was this week declared the winner of the Factory of the Year competition in the category of best large-scale mass producer in Europe.

The competition is a collaboration of A.T. Kearney and the German business magazine Produktion, which was launched in 1992.

Local reactions have driven BSH away

The reasons for the divestment of Munich-based Bosch Siemens Hausgerate (BSH) from Greece, with the cancellation of a multi-million-euro project and the approaching closure of its plant in Rendi, southern Athens, are not only related to the financial crisis and the adverse business climate in the country, but also due to local reactions to its investment.

One of Greece’s oldest factories is shutting down

One of Greece’s oldest factories; formerly known as Pitsos and founded in 1865, is shutting down.

Renamed BSH Hellas; after the acquisition by German Bosch-Siemens Hausgerate, the factory based in Renti, south of Athens, is to shut down by the end of 2018.

The company’s management announced a voluntary redundancy program for its 250 employees.