Bosch, a leading global supplier of technology and services, ended the 2025 fiscal year in Ukraine with consolidated sales to third parties of nearly EUR162 million (UAH 7.6 billion), a 3.5% increase compared to the previous year, according to Serhiy Baranovsky, CEO of Bosch in Ukraine.
“Despite challenging macroeconomic and security conditions, the company maintained positive momentum thanks to stable demand, the expansion of its partner network, and active participation in Ukraine’s recovery projects. For us, it is important not only to grow our business but also to be a reliable partner that helps rebuild infrastructure and provides high-quality solutions for people and communities,” Baranovsky said at a press conference on Thursday.
In 2025, all of Bosch’s business sectors in Ukraine demonstrated growth, although growth rates varied across individual segments.
Growth in the Mobility segment, represented by the Mobility Aftermarket division (automotive parts and equipment), was driven by the development of service infrastructure, expanded distribution, and stable demand for automotive services. Four new “Bosch Auto Service” stations were opened in 2025; the network now comprises over 100 stations. According to Baranovsky, an additional driver of growth in 2025 was the rising demand for servicing used cars, as well as electric vehicles and hybrids.
In the Energy and Building Technology business sector, which includes the Bosch Home Comfort and Building Technologies divisions, Bosch demonstrated positive growth in 2025 thanks to rising demand for energy-efficient, autonomous, and infrastructure solutions. Bosch Home Comfort implemented over 70 projects in the commercial and industrial sectors during the year.
The highest demand was observed for gas equipment, air conditioning systems, industrial boilers, and hot water supply solutions, particularly in the context of infrastructure reconstruction and modernization. The company also expanded its portfolio by introducing a new generation of electric and gas water heaters and modern split-system air conditioners, while strengthening its commercial segment with Buderus solutions. In addition, the integration of climate solutions from Johnson Controls and Hitachi further expanded Bosch’s capabilities in the market.
The Building Technologies division continued to grow its business in the field of modern fire safety systems and security solutions. Growth was driven by the modernization and expansion of existing Bosch systems, particularly in healthcare facilities.
Growth in Power Tools, part of the Consumer Goods business sector, was driven by participation in infrastructure reconstruction and industrial projects, despite a decline in consumer spending. Throughout the year, the company strengthened its product portfolio by launching new professional power tools on the 18V platform, expanding its range of cordless garden equipment, and introducing a specialized line of measuring instruments for electricians and installers.
In the Industrial Technology business sector, the Bosch Rexroth division responded to the growing demand for production modernization following the relocation of enterprises.
Given the scale of Ukraine’s reconstruction needs, Bosch is focusing on solutions for energy independence and infrastructure modernization. Since 2022, the company has implemented over 50 reconstruction projects in the municipal and private sectors. Bosch supports the modernization of heating systems, supplies equipment for industrial enterprises, and implements projects aimed at improving energy efficiency. Among the key initiatives is a partnership with GIZ, which continues through 2026 and involves the installation of 13 modular boiler plants in frontline communities. The company also remains a key supplier of industrial steam boilers for new production facilities.
Over the past year, the workforce has grown by 3%, to approximately 370 employees.
In the current fiscal year, Bosch is focusing on strengthening its market positions, developing innovative solutions, and supporting key sectors of Ukraine’s economy, particularly regarding infrastructure reconstruction, energy efficiency, industrial modernization, mobility, and municipal services. At the same time, the company continues to explore the potential of new technologies in the local market, such as solutions based on artificial intelligence and energy-efficient technologies, and to develop its partner network and educational initiatives.
“We see growing demand for modern technological solutions and are actively responding to these changes by expanding our presence in new market segments. For us, 2026 will be a year of growth with a special focus on energy efficiency and modernization,” added Serhiy Baranovsky.
The Bosch Group has been operating in Ukraine since 1993 and is the largest supplier of solutions for the automotive industry and the aftermarket, as well as for industrial and household appliances.
The Bosch Group includes Robert Bosch GmbH, founded in 1886, and nearly 500 subsidiaries and regional companies in over 60 countries worldwide. Together with its sales and service partners, Bosch’s global manufacturing, engineering, and sales network covers nearly every country in the world.
Bosch in Ukraine in 2020 increased its sales by 7% compared to 2019, to EUR130 million, CEO of Robert Bosch Ltd. Vitaliy Bulda has said.
“A year ago I spoke about the result of 2019, which became the largest in terms of turnover and profitability (a growth of 34% in turnover), but last year was the largest in terms of these indicators since the beginning of the company’s existence. Although 95% of the company has been quarantined since mid-March due to the pandemic, our warehouses, service and training centers were open 24/7, and a lot of effort was invested in communications,” he said at an online press conference.
Ihor Khazan, the director of the Heating Appliance department (Bosch and Buderus equipment), said that last year the trade turnover in this direction increased by 12% (in euros).
At the same time, more than 120 projects in civil construction were implemented, more than 50 – in commercial construction and more than ten – in industry, and in general, the number of implemented projects increased by 30% from 2019.
According to him, among the key ones are a boiler house with a capacity of 16 MW on fire-tube boilers with very low emissions in the Fayna Town residential complex (Kyiv), a boiler house of 1.6 MW in the LvivTechCity innovation park, a boiler house with a capacity of 15 tonnes of steam per hour for a LinkSel dry yeast plant being under construction in Lviv.
Khazan noted that since 2020, there has been an increasing demand for condensing equipment in housing construction: construction and development companies are increasingly using condensing boilers, which significantly reduce the consumption of natural gas, electricity, reduce harmful emissions, and in private houses, the demand for household condensing boilers and heat pumps is growing.
The director of the department of power tools, Oleksandr Hryniv, noted that 170,000 power tools were sold in 2020, which is 3% more than a year earlier, while 100 new products were offered.
He clarified that more than 30% of sales of power tools came from online sales, which were actively developing.
According to the director of the department of auto parts and equipment, Volodymyr Matusevych, in 2020 the increase in the turnover of this direction amounted to 20% from 2019, which was also very successful.
He noted that the development of the Bosch Auto Service network continues: today there are 100 stations in Ukraine (including Bosch Diesel Service).
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.
Bosch in Ukraine expects at least 15% growth in sales in 2018 compared with 2017, when the figure stood at EUR 74 million, growing by 5% on 2016, Director General of Robert Bosch Ltd. Vitaliy Bulda has said. “2017 year was the most successful in our history, and taking into account GDP growth in the first quarter by 3.1% and good prospects, we expect the large development of business in 2018,” he said at a press conference.
Bulda said that the company expects that growth would be seen almost in all business directions of the company. Commenting on the further prospects of the company in Ukraine in next five or ten years, Bulda expressed confidence that the company could grow by 15-20% every year.
In 2017, almost all business directions showed growth in Ukraine, and Mobility Solutions had the largest pace of growth, in particular, car parts and equipment sales grew by 18% in euros.
Bosch Car Service network remains the largest independent chain of vehicle servicing stations in Ukraine, and today it has 104 stations: 88 Bosch Car Service stations and 16 Bosch Diesel Service stations.
