Bosch, a leading global supplier of technology and services, with sales of RM528 million achieved a healthy growth of some 8% percent in sales in Malaysia, up from RM488 million compared to the previous year. “With this continued growth, Malaysia remains the third largest contributor out of the ten countries in Southeast Asia that Bosch is present in, after Singapore and Thailand,” said Martin Hayes, president of Bosch in Southeast Asia and managing director of Bosch in Malaysia and Singapore. Despite the challenging global economic situation, Bosch projects a positive outlook for 2013 with continued growth and the expansion of its footprint in Malaysia.
Currently, 44% of Bosch’s more than 5,500 associates in Southeast Asia are located in Malaysia. Malaysia will continue to be the stronghold for Bosch in housing the most sizeable pool of its workforce in this region. The company expects a continued steady growth in headcount for the coming years.
Sales revenue across the various business divisions developed positively, with the Thermotechnology division posting the highest increase of nearly 40% due to key projects in the food and beverages industry. The Automotive Aftermarket division will expand its distribution network to enhance the availability of its products such as spark plugs, wipers, batteries and other spare parts to customers. Partnering local workshops across the country, motorists will be able to access Bosch’s high quality and reliable products, installed by their trusted workshop.
The Car Multimedia, Original Equipment, Security Systems and Drive & Control divisions enjoyed double digit growth. The Power Tools and Automotive Aftermarket divisions also performed well in 2012.
