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November 12, 2009
Strengthening presence in Greece
Bosch invests 20 million euros in new headquarters
Facilities inaugurated in Koropi
- Premises jointly used by Robert Bosch S.A., Bosch Thermotechniki S.A. and Bosch Rexroth S.A.
- Better service for customers

Athens - The Bosch Group has today inaugurated its new headquarters in Koropi. The new facility, with a total floor space of 9,000 square meters, is set in 38,000 square meters of land. It includes offices, service departments, and training centers, as well as warehouses and show rooms. The total investment for the land and the buildings amounted to 20 million euros. "This important investment will reinforce the presence and the image of the Bosch Group in our country, enhance employment opportunities, and improve the services offered to our customers," said Costas Bobis, general manager of Robert Bosch S.A. The facility was opened by Theodore Athanasopoulos, mayor of Koropi, and Dr. Rudolf Colm, member of the Bosch board of management, together with the CEOs of the Bosch Group companies in Greece.

In his inauguration speech, Dr. Colm said: “I am glad that we continue to strengthen our global presence despite the currently difficult economic situation.” The complex features eco-friendly building materials and technologies. The orientation and the layout of the building permit the maximum use of natural lighting and ventilation, which allows energy consumption to be reduced.

The facility will house all three Bosch Group companies in Greece: Robert Bosch S.A., Bosch Thermotechniki S.A., and Bosch Rexroth S.A. In 2008, Bosch Group sales in Greece came to 85 million euros, and it currently employs 150 associates in the country. With the Bosch, Buderus, Junkers, Rexroth, Skil, and Dremel brand names, the Group's products occupy a leading position in the Greek market.

Contact person for journalists’ inquiries:
Angela Balliou
Phone +30 210 570 1211

The Bosch Group is a leading global supplier of technology and services. In the areas of automotive and industrial technology, consumer goods, and building technology, some 280,000 associates generated sales of 45.1 billion euros in fiscal 2008. The Bosch Group comprises Robert Bosch GmbH and its more than 300 subsidiaries and regional companies in over 60 countries. If its sales and service partners are included, then Bosch is represented in roughly 150 countries. This worldwide development, manufacturing, and sales network is the foundation for further growth. Each year, Bosch spends more than 3.5 billion euros, or eight percent of its sales revenue, for research and development, and applies for over 3,000 patents worldwide. With all its products and services, Bosch enhances the quality of life by providing solutions which are both innovative and beneficial.

The company was set up in Stuttgart in 1886 by Robert Bosch (1861-1942) as "Workshop for Precision Mechanics and Electrical Engineering." The special ownership structure of Robert Bosch GmbH guarantees the entrepreneurial freedom of the Bosch Group, making it possible for the company to plan over the long term and to undertake significant up-front investments in the safeguarding of its future. Ninety-two percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The majority of voting rights are held by Robert Bosch Industrietreuhand KG, an industrial trust. The entrepreneurial ownership functions are carried out by the trust. The remaining shares are held by the Bosch family and by Robert Bosch GmbH.

Additional information can be accessed at www.bosch.com.
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