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 saw a 19% rise in sales in Ukraine in 2018 compared with the previous year, to almost EUR 90 million, the company said in a press release on Tuesday.
As reported, the initial sales forecast for the company this year planned at least 15% growth.
“Last year was successful for the company, all directions showed a good result, which allowed us to reach the pre-crisis level and significantly improve overall profitability in euros,’ Director General of Robert Bosch Ltd Vitaliy Bulda said.
According to him, “positive business development” is also expected in the current year, based on the results of the first quarter.
According to the company, in 2018, all business areas showed a positive development, in particular the Mobility Solutions sector, which is mainly represented by the auto parts division, significantly increased, the industrial technologies and electric tools divisions significantly increased, and in the construction technologies sector the growth was 75%.
The Bosch Auto Service network, according to the company, remains the largest independent network of car maintenance stations in Ukraine. Today it unites 108 stations (a year ago 104): 92 Bosch Car Service stations and 16 Bosch Diesel Service stations.
The Thermotechnology division continued its participation in the energy efficiency program developed by the European Bank for Reconstruction and Development (EBRD), which allows end users to have compensation for 35% of the cost of energy efficient housing upgrades.
Bosch in Ukraine has also implemented several innovative projects, in particular, on installing solar cell batteries on the roof of a sports complex, shopping centers, and business centers.
