http://www.bsh-group.com/index.php?page=1028 Wed, 19 Jun 2013 06:54:12 +0100 Current press releases http://www.bsh-group.com/index.php?showPI&pm=134130 Tue, 23 Apr 2013 12:00:00 +0100 http://www.bsh-group.com/index.php?showPI&pm=134130 http://www.bsh-group.com/index.php?showPI&pm=134073 Mon, 22 Apr 2013 12:00:00 +0100 http://www.bsh-group.com/index.php?showPI&pm=134073 http://www.bsh-group.com/index.php?showPI&pm=134016 Wed, 17 Apr 2013 12:00:00 +0100 http://www.bsh-group.com/index.php?showPI&pm=134016 "We are delighted that this transaction has been successfully completed. Zelmer’s alignment with the BSH Group is an important milestone in our growth strategy. Zelmer's product portfolio and highly-motivated employees will play an important role in helping us achieve our plans", said BSH CEO Dr. Kurt-Ludwig Gutberlet. Zelmer is a well-established brand for small domestic appliances in Central and Eastern Europe. Zelmer’s strategic location will contribute to BSH’s logistics system in Central and Eastern Europe. The company has a production capacity that can also be utilized to serve a number of BSH’s markets in Europe. From today's perspective the transaction does not impact the organizational set up or plans of BSH’s existing operations in Łódź and other BSH locations. After entering BSH Group, Zelmer will keep its own brand and production. "We are very excited about this acquisition, which further strengthens BSH’s position both in Poland and in the region. Zelmer will complement our product portfolio and our production network with new products and with market segments, which we have not yet served”, said Konrad Pokutycki, CEO BSH Sprzęt Gospodarstwa Domowego. "Zelmer has gained a strong, strategic investor that will help the company grow within its European structure. Our highly-recognized brand and strong market position in several small domestic appliances categories in Poland, as well as our growing presence in important markets as Russia and Ukraine, backed by financial and technological support from BSH Group, will be the foundations of Zelmer’s future development”, said Janusz Płocica, CEO Zelmer S.A. http://www.bsh-group.com/index.php?showPI&pm=133310 Mon, 25 Mar 2013 12:00:00 +0100 http://www.bsh-group.com/index.php?showPI&pm=133310 Diversity has been an inherent part of the BSH strategy for many years. To expand its leading market position, the company emphasizes specifically on international teams – and success is already measurable in many areas. For example, within the scope of its worldwide talent management, BSH identifies and fosters employees who show potential for an international career and offers young talent the chance of participating in an international trainee program. In 2012, 55 trainees from 13 nations worked for BSH. In addition, within the Group more than 300 employees are working in positions outside their home country. For Europe's leading household appliance manufacturer it goes without saying that women and men have equal, attractive career opportunities that allow them to achieve a good work-life balance. For instance,50 mentees and mentors from BSH have taken part in Munich's Cross-Mentoring Program for young female executives over the past years. At the Group's Munich headquarters, the company provides childcare places principally for all its employees. http://www.bsh-group.com/index.php?showPI&pm=133209 Fri, 22 Mar 2013 12:00:00 +0100 http://www.bsh-group.com/index.php?showPI&pm=133209 "This factory demonstrates our loyalty to India and sets a milestone for the expansion of our business activities on the sub-continent", says Marc Hantscher, Managing Director and CEO of BSH India. "We can see great opportunities for growth here in the home appliances sector. The factory has a production capacity of around 600,000 appliances per year. Soon, washing machines will start to roll off the production line here. The building will be constructed on a site of 42 acres, and may be expanded for further product categories in line with the growing demand for high-quality, energy-efficient home appliances. Around 400 new jobs will be created here from 2014 onwards. The new factory is part of the BSH worldwide production alliance and will serve as an export hub for the South-East Asian and Pacific market. "The high-performance and user-friendly appliances which we will produce in Chennai in the future are specially tailored to the needs of our customers in India as well as in other regions", Hantscher explains. In order to fulfill these requirements as successfully as possible, BSH is also building a development centre on the factory site, in which future appliance generations will be developed for the Indian and South-East Asian market. When it comes to cooling appliances, BSH relies on cooperation. In partnership with the Indian household appliance manufacturer Godrej & Boyce, BSH develops and manufactures energy-efficient cooling appliances for the Indian and South-East Asian market. The appliances are manufactured to BSH standards in a Godrej factory near the city of Pune and sold independently under the brands Bosch and Siemens. http://www.bsh-group.com/index.php?showPI&pm=132983 Thu, 14 Mar 2013 12:00:00 +0100 http://www.bsh-group.com/index.php?showPI&pm=132983 Employees in particular, with their assorted knowledge and competences, are a deciding factor in long-term success in international competition. Diversity plays an important role for BSH in promoting equal opportunities, internationality and the possibility of combining career and family. As part of its global talent management, the household appliances manufacturer identifies and supports employees who show potential for an international career. Numerous measures to further strengthen the international orientation of BSH in the future have already been successfully implemented: Already around 50 percent of those in the young talent and trainee programs at BSH are international employees. In 2012, around 320 BSH employees working internationally were classified as expatriates. That is almost 20 percent more than five years ago. The majority of these were managers. In the area of executive development in particular, BSH has received numerous commendations. For example, in July 2012, the BSH leadership qualification program was given the "Excellence in Practice Award" from the European Foundation for Management Development (EFDM).The EFDM is an international organization based in Brussels. It has over 750 membership organizations from academia, business, public service and consultancy in 81 countries and is recognized globally as an accreditation body for quality in the area of management training. For selected managers, BSH also offers the Senior Executive Program. BSH has recently been commended for this with the "HR Excellence Award 2012". This award is issued by the professional journal "Human Resources Manager" to commend highly innovative HR projects. http://www.bsh-group.com/index.php?showPI&pm=132508 Fri, 08 Mar 2013 12:00:00 +0100 http://www.bsh-group.com/index.php?showPI&pm=132508 BSH not only concentrates on low consumption and efficient use of resources when it comes to using the appliances, but also in their production. By 2015, the company aims to have reduced its global consumption of resources that are not product-related by 25 percent in production, logistics and administration. This includes all forms of energy, water and other fluids such as oils, greases and chemicals, as well as solid materials such as paper, plastics and metals. Europe's leading home appliances manufacturer is already well on the way to meeting this goal. The key to success: With innovative transportation concepts and an increasing transfer of goods transportation from road to rail, BSH Logistics was able to reduce CO2 emissions by eleven percent last year alone. At its Traunreut location in Upper Bavaria, for example, BSH has opened a container terminal, an arrangement that eliminates the need for approximately 9,000 truck journeys per year. As part of its sustainable logistics concept, the refrigerator factory in Giengen in Baden-Württemberg has recently started also transporting its appliances in long trucks. Attention is also given to recycling energy for heating buildings, and photovoltaic systems on factory grounds produce environmentally friendly electricity. Thanks to numerous actions to optimize systems and buildings, the vacuum cleaner factory in Bad Neustadt has succeeded in reducing its overall energy consumption by 23 percent since 2006. http://www.bsh-group.com/index.php?showPI&pm=132158 Fri, 01 Mar 2013 12:00:00 +0100 http://www.bsh-group.com/index.php?showPI&pm=132158 The Public Tender Offer filed today is expected to last 70 calendar days as from December 4th 2012 and will be subject to the approval of relevant antimonopoly authorities. With a tender offer price of PLN 40 per share, BSH offers a 44% premium over the share price as of 27 August 2012 (the day before Zelmer’s announcement of its search for a strategic investor), a 30% premium over the share price as of 13 November 2012, and a 38% premium over the six-month volume weighted average share price. Based on last twelve months’ financials as of 30 September 2012, BSH offers a multiple of 9.4x EV/EBITDA and 17x P/E. "BSH is pleased with the perspective to acquire Zelmer. Zelmer´s brand name enjoys a high recognition in small domestic appliances and is expected to further accelerate the development of our Consumer Products division”, said Dr. Ralf Fuchs, Executive Vice President Product division Consumer Products Global, BSH Group. "We can announce with satisfaction that the process, which lasted for past several weeks, is now successfully completed. The selected investor offers an attractive price per share for current shareholders and will support us in the further development, building upon major strengths of Zelmer such as a strong brand, an efficient production facility in Rogoznica and highly experienced employees”, said Janusz Plocica, Zelmer CEO. "From Enterprise Investors’ perspective the investment in Zelmer turned out to be a model one. We invested in a company with strong prospects, conducted necessary restructuring programs and supported its growth. Today we are exiting this investment, with a highly attractive return”, said Jacek Siwicki, President of Enterprise Investors. http://www.bsh-group.com/index.php?showPI&pm=130657 Wed, 14 Nov 2012 12:00:00 +0100 http://www.bsh-group.com/index.php?showPI&pm=130657 Mr. Ginthum was previously the director of BSH's laundry care business area. He has worked for BSH in various managerial positions since 1990, and has gained extensive experience in sales and marketing management during this time. A business studies graduate, Mr. Ginthum began his career within BSH's strategic planning department. He subsequently took on the role of executive manager of BSH France from 1996 to 1999 before becoming head of Corporate Controlling in Munich. Since 2009 he has been in charge of BSH's global washing machine and dryer business. Jean Dufour (57), previously Member of the Board of Management, will be leaving the company as of October 31, 2012. He has resigned from his post for personal reasons, with the agreement of the Supervisory Board. Mr. Dufour had been executive manager of BSH's marketing, sales and logistics divisions since 2005. In the past seven years he has successfully pressed ahead with the expansion of BSH's global sales presence, particularly in Asia, and has further extended the company's leading market position in Europe. BSH should like to thank Mr. Dufour for his achievements and contributions to the company and wishes him all the best for the future. http://www.bsh-group.com/index.php?showPI&pm=130140 Tue, 09 Oct 2012 12:00:00 +0100 http://www.bsh-group.com/index.php?showPI&pm=130140