Pitsos

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.

The closure of the Bosch Siemens Hausgerate (BSH) factory in Piraeus has been put back three years to the end of 2021.

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.

The BSH Hellas plant at Rendi, near Piraeus, faces closure. One of the country's oldest factories, it was renamed after Bosch-Siemens Hausgerate GmbH bought out Pitsos, a Greek company established in 1865.