Bosch [Robert Bosch Korea Ltd.] Business Report FY ended Dec. 2014

Financial Overview

(in millions of won)
FY ended Dec. 31, 2014 FY ended Dec. 31, 2013 FY ended Dec. 31, 2012
Sales 712,662 421,203 228,941
Operating income (61,307) (98,527) (8,024)
Net income (72,275) (115,979) (13,006)


Business Plan

-The Company announced that it plans to invest over KRW 62 billion (EUR 42.7 million) in plants and equipment during 2014. Out of this total amount, KRW 60 billion (EUR 41.3 million) will be spent on new production facilities to produce components for direct-injection gasoline engines and direct-injection diesel engines for the Korean market. (From a press release on June 19, 2014)

R&D Structure

-The Company established a technical research center in Yong-in City in 1996.

Recent Developments

Category Area of development
Safety technology -Application engineering for ABSs and ESPs
-Project support in the area of safety systems
Environmental technology and technology to improve cost efficiency -Engine control technology for vehicles powered by diesel engines and gasoline engines.
-Drivetrain systems
Testing, application engineering -Application engineering in the area of gasoline systems, diesel systems, and chassis systems.
-Improving the level of reliability of its test results

-At the seminar and forum for clean diesel technology and industrial development that was held in Gwangju, Korea in September 2014, the Company announced its vision for next generation powertrains including its new clean diesel technologies. The company's exhaust gas treatment (EGT) system for clean diesel vehicles improves the performances of diesel particulate filters and selective catalytic reduction systems. The enhancement reduces greenhouse gas and nitrogen oxide emissions significantly, while increasing fuel efficiency. (From a press release on September 24, 2014)

Recent Investments

-In June 2013, the Company announced that it will invest approximately 150 billion won in its gasoline system business by 2014. An expansion project will be carried out at the Daejeon plant to enhance its production line to make high-pressure pumps for gasoline direct injection (GDI) engines. (From a press release, June 4, 2013)