Bosch heating unit reports 2014 growth

Bosch Commercial and Industrial Heating registered significant growth last year, with its year-on-year sales increasing by 28%, according to the company.

According to preliminary figures, the Bosch Group increased its sales by 6.2% in 2014, to €48.9 billion.

‘Despite difficult economic conditions, we managed to meet our business targets for 2014,’ said Dr Volkmar Denner, chairman of the board of Robert Bosch GmbH. Denner added: ‘Our innovation strategy is paying off. Our business success over the past year is proof of this. In 2014 we further improved our market position and competitiveness in many areas.’

In Europe, the sales of the supplier of technology and services grew by some 2% in spite of the economic difficulties the region is experiencing, while 2014 also saw demand for its CHP modules and industrial and commercial boilers (pictured) improve.

Geoff Hobbs, business development director at Bosch Commercial and Industrial Heating, reportedly said: ‘2014 was a successful year for our business and demand for our vast portfolio of technologies has never been higher.’

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...