Home » Business » Manufacturing
Bosch sales grow
By Zhang Fengming |
April 26, 2010, Monday
|
Print Edition
Print Edition
BOSCH Group's sales expanded by 21 percent in China last year, which helped the firm trim a decline in global sales, senior executives said over the weekend in Beijing.
The German supplier of technology and services to the auto sector and consumers posted sales of 27.4 billion yuan (US$4 billion) in 2009 in China. The jump in sales propelled China to become for the first time the third-biggest market for Bosch after Germany and the United States.
"China's one of the few countries that posted a strong growth globally last year," said Uwe Raschke, board member of Bosch responsible for Asia Pacific. "The strong China performance reassures us that we are on the right track to penetrate deeper here."
Peter Pang, president of Bosch (China) Investment Ltd, said the company expects 2010 to be "a very good year, or another year of strong growth" in sales, without giving details.
The worldwide recession in 2009 shrank the German company's global sales by 15 percent which led to the firm reporting a pre-tax loss.
The German supplier of technology and services to the auto sector and consumers posted sales of 27.4 billion yuan (US$4 billion) in 2009 in China. The jump in sales propelled China to become for the first time the third-biggest market for Bosch after Germany and the United States.
"China's one of the few countries that posted a strong growth globally last year," said Uwe Raschke, board member of Bosch responsible for Asia Pacific. "The strong China performance reassures us that we are on the right track to penetrate deeper here."
Peter Pang, president of Bosch (China) Investment Ltd, said the company expects 2010 to be "a very good year, or another year of strong growth" in sales, without giving details.
The worldwide recession in 2009 shrank the German company's global sales by 15 percent which led to the firm reporting a pre-tax loss.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
