• Germany edition
 
Bosch opens Southeast Asian office for green technologies
A file picture of the Bosch HQ in Gerlingen. Photo: DPA

Bosch opens Southeast Asian office for green technologies

Published: 12 May 2010 14:19 GMT+02:00
Updated: 12 May 2010 14:19 GMT+02:00

German industrial group Bosch on Wednesday opened its Southeast Asian headquarters in Singapore focusing on environmentally clean technologies.

The office will be the new location for Bosch's solar energy operations in Southeast Asia, Japan and South Korea, the company said.

"Within five years, we will invest a good €15 million ($19 million) here, studying how this technology can be used to generate electricity from solar radiation in the future," Bosch chairman Franz Fehrenbach told a news conference.

The Singapore office will also house Bosch's business divisions providing resource-saving and environmentally friendly innovations and technologies for the region, the company said.

Fehrenbach said the Singapore base will help Bosch strengthen its expansion into the Asia Pacific market, its second largest next to Europe.

The Asia Pacific last year accounted for 20 percent of the firm's global sales, or €7.7 billion, which for the first time surpassed revenues from the Americas. Bosch aims to increase the region's share to 30 percent by 2015.

Fehrenbach said worldwide sales fell 15 percent, or €38.2 billion, last year due to a drop in automotive and consumer goods production as a result of the economic crisis. The company will use this year for "catching up, especially as the global economy is continuing to recover," he added.

Bosch's $66.4-million headquarters is a showcase for green technology and has an energy consumption that is 32 percent less than that of comparable industrial buildings.

This is in line with the company's aims to cut its carbon dioxide emissions worldwide by at least 20 percent by 2020.

Don't miss...X
Left Right

Your comments about this article

Today's headlines
German ladies net Fed Cup final appearance
Germany's Angelique Kerber celebrates her victory over Australia's Sam Stosur with teammates after their match in the Fed Cup semi-final. AFP Photo: Patrick Hamilton

German ladies net Fed Cup final appearance

Angelique Kerber put Germany into their first Fed Cup final in 22 years with a fighting victory over Australia's Samantha Stosur in the semi-final in Brisbane on Sunday. READ () »

Germany should make use of shale gas: EU
EU commissioner for Energy Günther Oettinger pictured in Luxembourg in 2013. AFP Photo: Georges Gobet

Germany should make use of shale gas: EU

EU energy commissioner Günther Oettinger has urged Germany to make use of shale gas options and added that the he saw no danger of Europe's access to Russian gas falling victim to possible economic sanctions in the standoff over Ukraine. READ () »

Tennis aces close in on Fed Cup final
Members of the German Fed Cup Team celebrate after an earlier victory in the tournament. Photo: DPA

Tennis aces close in on Fed Cup final

Germany took hold of their Fed Cup semi-final on Saturday, winning both the opening day singles to lead Australia 2-0 in Brisbane. READ () »

Croatia extradites ex-top spy to Germany

Croatia extradites ex-top spy to Germany

Croatia extradited a former Yugoslav spy chief, Zdravko Mustac, to Germany on Thursday to face charges for the 1983 murder of a dissident on German soil. READ () »

German court jails Somali pirate for 12 years
An officer of the Lower Saxon Criminal Investigation Department (CID) securing evidence on the hijacked ship Marida Marguerite. Photo: DPA

German court jails Somali pirate for 12 years

A German court has sentenced a Somali pirate chief to 12 years in jail for hijacking a ship off the Horn of Africa and tormenting its crew during an eight-month ordeal. READ () »

New app helps clients find prostitutes
Photo: DPA

New app helps clients find prostitutes

While the German government is considering tightening prostitution laws, Berlin entrepreneurs have developed a smartphone app to connect sex-workers with clients. READ () »

Highs of 22C forecast for Easter weekend
Photo: DPA

Highs of 22C forecast for Easter weekend

The days running up to Easter may be cool and wet, but the holiday weekend should be a bit warmer for most of Germany, according to forecasters. READ () »

Berlin man must call himself a mother
The fight over the transgender man's right to be his child's official father has been raging since last year. Photo: DPA

Berlin man must call himself a mother

A transgender person who became the first man in Germany to give birth in March 2013 must be registered as the child's mother, a court has ruled after his year-long court battle to be named a father. READ () »

Study: rape convictions fall sharply
Photo: DPA

Study: rape convictions fall sharply

The chance of being convicted of rape in Germany has more than halved in the past two decades to fewer than one in ten, a major study revealed on Thursday. READ () »

SPD: Restore 45-percent investment tax
The tax privilege for investment income is unfair, says the SPD. Photo: DPA

SPD: Restore 45-percent investment tax

The centre-left half of Germany's coalition government has called for the old top rate of a 45-percent tax on investments to be brought back - to match standard income tax and fight the squeeze on middle incomes. READ () »

RECEIVE OUR NEWSLETTER AND ALERTS
Photo: DPA
Rhineland
Elderly man taped €200,000 to his genitals
Photo: DPA
Business & Money
What's the unemployment rate in your area of Germany?
Photo: DPA
Gallery
Nine ways to celebrate Easter like a German
Photo: Galerie Bilderwelt
Gallery
World War I in colour photos
Photo: DPA
Society
'The mafia has infiltrated every sector in Germany'
Photo: DPA
Society
JobTalk: Why you should teach English in Germany
Photo: DPA
National
330,000 sign up against TV licence fee
Photo: DPA
Hamburg
School kids hospitalized after 'porno' party
Photo: Submitted
Frankfurt
'I'll get even with my old pal Schwarzenegger'
Photo: DPA
Gallery
The week in pictures: April 5th - April 11th
Photo: DPA
Gallery
Ten great inventions you (probably) didn't know were German
Photo: J. Arthur White
Berlin
Clashes in Berlin as refugees tear down their own camp
Advertisement:
Photo: DPA
Gallery
Munich's baby polar bears are finally named
Photo: DPA
Gallery
The 10 best German employers to work for
CurrencyFair
Sponsored Article
Why it pays to avoid banks when making overseas transfers
Mr. Lodge
Sponsored Article
How to find a furnished rental in Munich
Sponsored Article
How to make a lasting impression in business
Hult International Business School
Sponsored Article
What they don't teach you at Business School
Photo: DPA
Society
Nine jobs you can only do in Germany
Photo: DPA
Business & Money
JobTalk: All you need to know about working in Germany
Photo: DPA
Features
The Local List Archive - Your guide to all things German
National
Share news tips with The Local Germany
Latest news from The Local in Switzerland

More news from Switzerland at thelocal.ch

Latest news from The Local in Spain

More news from Spain at thelocal.es

Latest news from The Local in France

More news from France at thelocal.fr

Latest news from The Local in Italy

More news from Italy at thelocal.it

Latest news from The Local in Norway

More news from Norway at thelocal.no

Latest news from The Local in Sweden

More news from Sweden at thelocal.se

3,068
jobs available
Toytown Germany
Germany's English-speaking crowd