Bosch Packaging Technology, a division of Robert Bosch GmbH, continued growing faster than the packaging machinery industry in 2013, breaking the 1-bn.-€ sales mark for the first time.
The company increased its sales in fiscal 2013 from 914 mill. € to 1.1 bn €, a rise of 22%. Adjusted for consolidation effects, that equates to growth of 6.4%. Leaving aside exchange rate effects, internal growth at Packaging Technology reached 10%. By comparison, figures from the German association of mechanical engineers (VDMA) put growth in the German packing machinery industry at only 4%.
In 2013, the company employed around 5,600 people at over 30 locations, 12% more than in the previous year. Bosch Packaging Technology, a market leader in processing and packaging solutions, will present details of its performance in 2013 at its annual press conference on 8 May at Interpack in Düsseldorf, Germany.
Source: Bosch Packaging Technology