Business

Bosch Turkiye achieved double-digit growth in 2023 exceeding expectations

Bosch Turkiye and Middle East President Daniel Korioth: Despite the ongoing challenges in the socioeconomic environment, we achieved healthy growth in the market in 2023. Performance exceeded our expectations.”

According to the statement made by the company, Bosch Turkiye reached a consolidated sales revenue of ₺60 billion in the country and recorded a growth of 29% in euro terms compared to the previous year. The company reached a total sales revenue of ₺145 billion in the 2023 fiscal year, including export figures. The increase in sales revenues in this context was 6% in euro terms.

Bosch Turkiye and Middle East President Daniel Korioth, whose views were included in the statement, said, “Despite the ongoing difficulties in the socioeconomic environment, we achieved healthy growth in the market in 2023. The performance exceeded our expectations.”

Stating that they will intensify cooperation with their stakeholders, especially public institutions, vocational schools and universities, Korioth said, “We continue to invest in our human capital through training and development programs and continuous know-how transfer. We have a strong footprint in Turkiye. We remain determined to maintain our long-term commitment to the country and contribute to its technological development.”

As of December 31, 2023, the number of Bosch employees in Turkiye was approximately 19 thousand 800. Bosch continues to invest in future technologies to further its success and continue to shape the green and digital transformation in Turkiye.

Source: Patronlardunyasi / Prepared by Irem Yildiz

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