Asiaimuni magnesium citrate Pacific: Bosch to pump €80M into Southeast Asia

Bosch has planned to “invest around €80 million (US$89.44 million) in Southeast Asilifetime liquid calciuma” in 2016, according tcalcium citrate with vitamin d3o Peter Tyroller, the member of the Bosch board of management responsible for Asia Pacific.###In the first half of 2016, it opened new offices in the Philippines and Indonesia to be closer to its customers. ###The company is also strengthening its manufacturing capacity in the region and plans to expand its Mobility Solutions plants in Malaysia und Vietnam. ###It is also planning a new plant in Thailand.###In the past ten years, Bosch has invested almost €500 million in the expansion of its manufactcalcium citrate soft chews 500 mguring and development locations in Southeast Asia.###In 2015, Bosch achieved sales growth of 12% in the region, generating sales of more than €780 million. ###The company also expects positive developmcalcium citrate and vit dent in the current year, despite partially volatile economic development in some of the ASEAN markets. ###In the first half of the year, it said business in the Philippines, Thailand, and Vietnam developed well. ###Factors driving growth opportunities for Bosch include a large and young population, the growing purchasing power of the middle class, increasing demand for infrastructure, urcalcium magnesium citrate plus vitamin d3banization, and the need to conserve natural resources. ###The company also sees potential in the area of connectivity and the Internet of Things in Southeast Asia.###Strong local presence###Bosch has been present in Southeast Asia since 1919.###Today, it employs more than 6,800 associates in Singapore, Malaysia, the Philippines, Indonesia, Thailand, Vietnam, Brunei, Cambodia, Laos, and Myanmar. ###In the coming years, the workforce is expected to keep growing. ###The company has manufactured locally for more than 20 years and currently has seven plants in the region. ###Besides expanding its regional presence, Bosch is also strengthening its brand communication in Southeast Asia. ###The first international corporate campaign has been launched in the growth region, with marketing and public relations activities on different channels. ###The aim is to raise awareness about Bosch in the ASEAN member states – especially in emerging markets such as Indonesia, Vietnam, Cambodia, Laos, and Myanmar.

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