Reducing Activities: company scaling back some business operations while continuing others

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Robert Bosch GmbH, commonly known as Bosch, is a German multinational engineering and technology company headquartered in Gerlingen. The company was founded by Robert Bosch in Stuttgart in 1886. Bosch is 92% owned by Robert Bosch Stiftung, a charitable institution.

Reducing Activities: company scaling back some business operations while continuing others

Wait Scaling Back

Top 100 largest companies in Russia by revenue

Top 100
Revenue, mln.USD
1172
Staff
4000
Capital, mln.USD
597
Taxes, mln.USD
99
Assets, mln.USD
279
The Company Statement
August 22, 2022

Germany's economy ministry has launched an investigation into whether Bosch violated an export ban on goods that can be used for both civilian and military purposes. Bosch is looking for buyers for its Russian assets

April 08, 2022Bosch does not yet plan to completely close down its business in Russia
March 18, 2022Bosch Suspends Russia Business, Says Parts May Have Been Misused
March 15, 2022Bosch will suspend the production of household appliances in St. Petersburg in March
March 01, 2022https://www.linkedin.com/feed/update/urn:li:activity:6904352689053130753.
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