A Brief History of Robert Bosch GmbH
An early passion for cycling
From 1890 onward, Robert Bosch used a modern
"safety bike" – a forerunner of today's bicycles – to visit
his customers. It not only got him there faster, but also
saved him money on tram fares. At this time, "penny
farthings" were customary and Robert Bosch attracted
a lot of attention in the streets of Stuttgart with his
vehicle.
"We should all strive to improve on the status quo: none
of us should ever be satisfied with what they have
achieved, but should always endeavor to get better."
(Robert Bosch quote from 1919)
Overview of Robert Bosch GmbH
X In 1886, Robert Bosch (1861–1942) founded the
"Workshop for Precision Mechanics and Electrical
Engineering" in Stuttgart, Germany
X Today, a leading global supplier of technology and
services comprised of four business sectors and
roughly 440 subsidiaries and regional companies in
some 60 countries
X The company employs approximately 390,000 asso-
ciates worldwide, 59,000 of which at 120 research &
development sites.
X More then 27 billion euros invested in research and
development in the last 5 years
X Company goals: Development of innovative and
beneficial products and solutions that improve the
quality of life – "Invented for life"
Volkmar Denner,
Chairman of the Board
of Management
Robert Bosch
*1861, † 1942