Vince Pornelos / | June 09, 2012 10:23
Bosch Annual Media Briefing
Robert Bosch Philippines inaugurated the new Bosch Technical Center along Chino Roces in Makati City recently.
The Bosch Technical Center is a state of the art training center for the Bosch group, aimed at enhancing the technical skills of Filipino mechanics and technicians for the future. In collaboration with TESDA, Bosch invested USD 1.8 million into the new center, further cementing the company's commitment to the Filipino labor force. The inauguration saw the attendance of Bosch's top executives, TESDA representatives, and German ambassador to the Philippines Mr. Joaquim Heidorn.
“We are pleased with the continued success of our technical co-operation with TESDA, which has resulted in the uplifting of training standards and skills for the local community,” said Mr. Joseph Hong, Robert Bosch Philippines, Inc.
“Open the bonnet of any car and chances are you'll find Bosch components there,” said Mr. Martin Hayes, President and Managing Director of Robert Bosch South East Asia. “Our technical center gives them a more well rounded training environment compared to other training centers.”
Bosch Group, Philippines post growth in 2011
At the same event, Bosch executives, led by Martin Hayes, Robert Bosch SEA President, and Joseph Hong, Robert Bosch Philippines Managing Director, announced the company's financial growth figures in fiscal year 2011.
Despite the economic troubles of 2011, the Robert Bosch Group was able to sustain their growth figures. Worldwide, the Bosch Group saw their business grow by 9.0 percent to US$ 72.1 billion. The group cited their strong growth in three key sectors: AutoMotive Technology, Industrial Technology and Consumer Goods and Building Technology.
In the Philippines, Bosch grew by 6.3 percent to US$ 23.8 million, driven by the strong sales of the Automotive Aftermarket and Power Tools divisions. The number of Bosch associates also grew by 22 percent.