Market growth Bosch plans to expand Saratov factory in Russia

It is understood that the Bosch Group has announced that it will expand its factory in Saratov, Russia. Bosch sales in the Russian market have increased by 50% from the same period last year to nearly 1 billion euros (about 1.26 billion US dollars).

According to plan, Bosch will establish generators, starters, accelerators, oxygen sensors, and electronic brake system production lines for the Saratov plant from 2013 to 2014.

Walter Schopf, Regional Director of Automotive Parts Sales at Bosch in Russia, did not disclose the amount of investment in the expansion of the Russian plant and the number of new jobs. He only stated that after the expansion of the plant, Bosch sales in the Russian market will double.

Bosch currently has three production plants in Russia, but it does not rule out the possibility of building a new factory in Russia. Schopf said that the company is currently considering establishing a plant near the Saratov factory or in the Volga region.

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