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Household appliances BSH

Company

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Owners:
Gazprom
Revenue and Net Profit millions Ths. rub

Owners

+ Rosneft of the Tax Code

BSH Household Appliances LLC, the Russian production division of the German concern BSH Bosch and Siemens Home Appliances Group, was founded in St. Petersburg in 2005.

History and Performance Indicators

2024: Transition under the management of Gazprom Household Systems JSC

The specialized holding Gazprom Household Systems became the management organization of BSH household appliances LLC. The corresponding entry appeared in the Unified State Register of Legal Entities in May 2024.

2023: Profit of the St. Petersburg plant - 6.1 billion rubles

The St. Petersburg Bosch plant received 6.1 billion rubles of net profit for 2023, while a year earlier the profit was 1.27 billion rubles. The company's revenue during this time fell from 19.5 billion to 2.1 billion rubles. Such data are provided in the financial statements (RAS standard), which BSH Household Appliances LLC disclosed in early April 2024.

It also follows from the materials of the company that in 2023 it paid 2.6 billion rubles in dividends. At the same time, in the report for 2022, the company had an even larger amount in this line of reporting - 5 billion rubles. Prior to this, since 2019, the "dividend" reporting line remained empty.

St. Petersburg Bosch plant received 6.1 billion rubles of net profit

By the end of 2023, Bosch, which announced its withdrawal from the Russian market, sold part of the assets. Thus, enterprises in Engels, which manufactured power tools, auto components, heating equipment and radiators, were bought by the S8 Capital holding in April last year. The Samara factory, where auto parts were produced, was acquired by FSUE NAMI. And the Turkish investment fund Can Holding planned to buy the company's plant in Strelna. He was also interested in the Chinese company Hisense, but it left the deal - the Turkish fund offered more money, Vedomosti wrote at the end of December 2023.

The Bosch chain of stores in Russia practically ceased to exist: by the end of December 2023, the company had only one point, which at that time was selling off the remaining goods. In March 2024, Bosch began looking for a buyer for its headquarters on Vashutinskoye Shosse in Khimki, RBC notes.

As of the end of 2023, BSH Household Appliances LLC, registered on Karl Siemens Street in Peterhof, belongs to the German Bosch-Siemens Hausgeräte GmbH.[1]

2022: Loss of 1.2 billion rubles

The Bosch household appliance plant (BSH Household Appliances LLC) in St. Petersburg ended 2022 with a loss of 1.2 billion rubles, which is less than the cash losses of 2.7 billion rubles a year ago. The company's revenue amounted to 19.5 billion rubles, which is 60.8% less than a year ago. Such data were released at the end of May 2023.

According to Kommersant, the income of foreign companies began to fall due to a reduction or complete shutdown of production and sales of equipment from factories in the Russian Federation.

Bosch household appliance plant ended 2022 with a loss of 1.2 billion rubles

The Kommersant newspaper reported that BSH Household Appliances LLC, which is the Russian division of the German household appliance manufacturer Bosch, began looking for buyers for its two plants in the village of Strelna near St. Petersburg in August 2023. It was clarified that both enterprises have not been operating since mid-March, when Bosch suspended activities in Russia amid sanctions. The publication claimed that potential buyers of the plants include the Chinese companies Midea and Hisense and the Turkish Arcelik, which had previously acquired the company of Whirlpool, which had left Russia. The cost of factories in the publication was estimated at 3.8-4.4 billion rubles. At the same time, the newspaper referred to anonymous sources in the market, without citing any information about them, which may indicate the unreliability of the data they reported.

Later, a representative of the Ministry of Industry and Trade, in an interview with RIA Novosti, denied data on the sale of Russian Bosch plants. According to him, BSH Household Appliances LLC in working order informed the department about the lack of information about the sale of a household appliance plant in the village of Strelna near St. Petersburg and a boiler production enterprise in Engels, Saratov Region.[2]

2019

In the Consumer Goods sector, BSH's activities in Household appliances 2019 increased by 20% in national currency. In the first half Kazakhstan of 2020, BSH sales again showed double-digit growth compared to the same period last year, despite the negative impact, pandemics reported on July 31, 2020 in. Bosch Read more. here

2012

On 24 hectares there is a refrigerator plant with a capacity of up to 500 thousand devices per year, a washing machine plant, the launch of which is scheduled for mid-2012, and a logistics center that provides shipment of 40 trucks with finished products per day. The company employs more than 800 people, and about 200 more new employees will be accepted to the opening washing machine plant. The total investment of the concern has already exceeded 100 million euros.

Notes