Bosch in Ukraine in January-June of this year, despite the difficulties due to the situation with the coronavirus crisis, increased sales by more than 10% compared to the same period in 2019, CEO of Robert Bosch Ltd. Vitaliy Bulda has said.
“We started the year quite successfully. In April-May, due to the coronavirus crisis, we “sagged” in trade, but June showed a record growth and, in general, in the second quarter, I think, we grew by several percent. Now we are working out our lag – July has become even better than June in sales,” Bulda said during an online conference, adding that half-year growth has not been as desired, “but we did everything to take additional share in the falling market.”
At the same time, he refrained from forecasting sales for the current year, noting that the main task is to keep the company.
“We do not know what will happen until the end of the year, so our submitted budgets are understated, but today we see that if something more unusual than has already happened does not occur, we will fulfill it (the budget). And I am sure we will remain financially a stable company and we will do our best to take the market share that our competitors give us,” he said.
In his opinion, it is more expedient to sum up the results based on the results of the third, or better, the fourth quarter, which will show everything.
Bosch in Ukraine started its work in 1993. The company currently employs 357 people. As reported, in 2019, the company’s sales grew by 34% from 2018, to EUR 121 million.
