• Germany's news in English
 
app_header_v3

Bosch opens Southeast Asian office for green technologies

AFP · 12 May 2010, 14:19

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

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.

Story continues below…

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.

Your comments about this article

Today's headlines
Man gets life in jail for murder of two young children
Silvio Schulz. Photo: DPA

A former security guard was handed a life sentence Tuesday for murdering two children, one of them a four-year-old Bosnian boy snatched from a crowded migrant registration centre last year.

Munich shooting
German Turks mourn Munich shooting victims
Flowers for the victims. Photo: DPA

Seven of the nine victims were Muslim.

Doctor killed in Berlin hospital shooting: police
Police at the scene in southern Berlin. Photo: DPA

A doctor has died after being shot at a Berlin hospital by an elderly man, Berlin police said on Twitter on Tuesday.

The Local List
Enter if you dare: Berlin's best abandoned haunts

These hidden spots are steeped in shadows of their past and just begging to be explored...

Berlin refugee teen prepares to swim at the Olympics
Photo: DPA

Eighteen-year-old refugee Yusra Mardini has pulled a boat of 20 refugees from the middle of the Aegean to the Greek shore. Now she's preparing to swim at the Olympics.

Opinion
There still hasn’t been an Isis attack on Germany
The attack site in Ansbach. Photo: DPA

The last week has been brutal and shocking, but we need to stay calm and keep the events we have witnessed in perspective, argues Jörg Luyken.

How plainclothes cops caused panic at Munich shooting
Photo: DPA

Plainclothes officers can help in fight against gun attacks. But Munich showed that they can lead to confusion in efforts to track down the real attackers.

Immigration and integration Germany's 'biggest challenge'
Migrants queuing at a reception centre in Bavaria. Photo: DPA

Eighty-three percent of Germans see immigration as Germany's "biggest challenge" - that's twice as many as a year ago, and more than in any of the other countries surveyed.

Ansbach suicide attack
Sleepy Bavarian town left shocked by suicide attack
Ansbach. Photo: DPA

Residents of Ansbach were left reeling Monday after a Syrian suicide bomber blew himself up outside a music festival, shattering the sleepy calm of this picture-postcard southern German city.

Rapturous reception at Wagner fest's opening night
Bayreuther festival 2016, Parsifal. Photo: DPA

Germany's legendary Bayreuth opera festival, dedicated to the works of Richard Wagner, got off to a rapturous start on Monday with a brand new production of the composer's last opera, "Parsifal", enthusiastically received by the first-night audience.

Sponsored Article
Why you should attend an international job fair
DPA
Gallery
IN PICTURES: How Munich responded to shooting spree
Sponsored Article
Avoid hidden fees when sending money overseas
Lifestyle
10 rookie errors all Brits make when they arrive in Germany
National
Bavaria train attack: Were police right to shoot to kill?
Sponsored Article
Why Swiss hospitality graduates are in demand
National
How to get German citizenship (or just stay forever)
Sponsored Article
Five things Americans should know about voting abroad
Technology
Brexit will turn Berlin into 'Europe’s startup capital'
Travel
Six soothing day trips to escape the bustle of Berlin
International
'Germany needs to make UK come to its senses'
Features
Six odd things Germans do in the summer
Sponsored Article
Why expats choose international health insurance
Travel
These 10 little-known German towns are a must see
Features
How two gay dads cut through German red tape to start a family
Sponsored Article
Health insurance for expats in Germany: a quick guide
National
Five things to know about guns in Germany
Sponsored Article
Avoid hidden fees when sending money overseas
Culture
10 things you need to know before attending a German wedding
National
Eight weird habits you'll pick up living in Germany
Lifestyle
Six reasons 'super-cool' Berlin isn't all it's cracked up to be
Sponsored Article
Why Swiss hospitality graduates are in demand
Society
Only one country likes getting naked on the beach more than Germany
Lifestyle
23 ridiculously fascinating things you never knew about Berlin
Sponsored Article
Why you should attend an international job fair
Culture
8 German words that perfectly sum up your 20s
Lifestyle
Can't make it past the door at Berlin's most famous club? Help is at hand
Business & Money
Why Frankfurt could steal London's crown as Europe's finance capital
Features
6 surprising things I learned about Germany while editing The Local
Culture
Five sure-fire ways to impress Germans with your manners
10,806
jobs available
Toytown Germany
Germany's English-speaking crowd