Bosch Group completes largest acquisition and signals intent to grow HVAC business

The acquisition of the residential and light commercial heating, ventilation, and air conditioning (HVAC) business from Johnson Controls and the acquisition of the Johnson Controls-Hitachi Air Conditioning joint venture were completed as scheduled on 31 Jul With the new lineup, Bosch wants to grow significantly faster than the global HVAC market. According to Bosch estimates, this will increase by up to 5% every year until 2030

Bosch Series 6 Air Fryer

Enjoy healthy and delicious meals with up to 95% less fat, made possible by  innovative Air Fry technology! The Bosch Series 6 Air Fryer impresses with: pacious 7.2 L capacity – perfect for the whole family 7 programs for versatile dishes – from crispy fries to juicy poultry dishes Viewing window & interior lighting – for a perfect overview while cooking User-friendly touch operation & easy cleaning – for a stress-free cooking experience

Bosch Group Reports 2024 Financial Growth and Announces Key Innovations

The German Bosch Group has unveiled its 2024 financial statements, highlighting steady growth in its Consumer Goods sector, represented by BSH Hausgeräte. The division recorded a 1.6% increase in turnover, reaching €20.3 billion, with a 2.9% growth rate when adjusted for exchange rate effects. However, its EBIT margin declined slightly to 3.5%, compared to 4.5% in 2023. 

Despite economic uncertainties, Bosch remains optimistic, anticipating strong demand for new product features to drive future expansion in the Consumer Goods segment. A major innovation on the horizon is the adoption of the Matter connectivity standard for household appliances. This year, BSH Hausgeräte will introduce the first-ever refrigerator-freezer with Matter functionality, enabling seamless and secure integration between devices from different brands. 

Additionally, Bosch is expanding its global manufacturing footprint, with its first appliance factory in Africa. “To better meet regional demand, we are launching production in Egypt,” stated Hartung. The new plant will manufacture up to 350,000 ovens annually, catering to consumers across Africa and the Middle East. 

Bosch’s latest advancements reinforce its commitment to innovation, accessibility, and global market expansion, positioning the company for sustained success in the evolving home appliance industry

Gazprom shifts gears: From gas exports to home appliances

Gazprom, the Russian gas giant, is planning to produce washing machines and refrigerators at the former Bosch plant near St. Petersburg. This move comes as a response to the decline in gas exports to Europe and the absence of a new contract with China. Production is expected to commence later this year

Samsung lags behind LG, Bosch in Consumer Reports

Samsung has fallen behind its competitors in Consumer Reports’ sixth annual appliance brand reliability rankings.
Consumer Reports (CR), the largest nonprofit consumer organization in the U.S. with six million members, is known for its independent product testing based on consumer feedback and expert assessment. Unlike institutions and influencers who receive free products for reviews, CR’s testing is highly trusted and credible.

According to a CR report released last month, Samsung Electronics was ranked 21st out of 26 appliance brands. Speed Queen, an American laundry machine manufacturer, claimed the top spot, followed by LG Electronics in second place. Other brands that outperformed Samsung include Whirlpool (12th), GE Appliances (13th), and Bosch (15th).
The rankings were based on survey data collected from CR members, covering 417,629 kitchen and laundry appliances purchased between 2013 and 2023. The ratings considered consumer satisfaction and predicted reliability, including the frequency of appliance breakdowns.

Samsung’s kitchen appliances, in particular, scored poorly. In a consumer satisfaction survey covering dishwashers, ranges, double-door refrigerators, French-door refrigerators, and cooktops, Samsung products received scores between 15 and 19 out of 100, placing them at the bottom. Even in other kitchen categories, Samsung’s highest score was just 46, significantly trailing its competitors.

Frequent breakdowns also hurt Samsung’s predicted reliability scores, with half of its kitchen appliances scoring below 50 in this category. Notably, Samsung’s dishwashers, which ranked last, had high rates of issues such as poor washing and drying performance, drainage failures, and defective dish racks. In contrast, Bosch and Miele’s dishwashers had the lowest rates of performance issues and breakdowns.
Samsung’s robot vacuum cleaners received a consumer satisfaction score of just 9 out of 100, while its washing machines scored in the low 20s to 40s, and dryers landed in the low 30s, placing Samsung well below many of its competitors.

Bosch new factory

A new small household appliance factory for BSH in Poland!  BSH is taking another big step. A new factory will be built in Rudna Wielka near Rzeszów, to which we will move the production of vacuum cleaners and capsule coffee machines from the current nearby location. The total value of this project in the coming years will amount to almost PLN 600 million. The area of 73,000 m² will include a production hall, a logistics center and offices. At the design stage of the new factory, we paid special attention to safety and very good working conditions. The new factory for BSH will be built by Panattoni Poland . Completion of construction is planned for mid-2026.

Bosch new Serie 6 and 4 ovens

Bosch new Serie 6 and 4 ovens . The new range stands out for its A+ energy efficiency class and  modern and functional design. To simplify use as much as possible, the Touch LED display offers an overview of all the oven functions, proposed in a simple and intuitive interface . Through the touch buttons it is possible to conveniently access the oven settings, selecting the heating mode, temperature, cooking duration and all the additional functions

Furthermore, the hot air flow has been further optimized, which speeds up the heating phase, and functions have been added that expand the possibilities of experimenting with new cooking methods. With the Air Fry function, simply place the food in the special baking tray to obtain crispy, tasty and healthy fried food, using just a drizzle of oil. Some models are also equipped with the Added Steam function with steam pulses to enhance the flavors of the dishes, making them softer on the inside and crispy on the outside, and automatic programs, including the Regeneration function that allows you to reheat ready-made dishes to enjoy them as if they were just cooked.

Finally, some Bosch Series 4 ovens allow you to save time and effort thanks to the automatic pyrolytic cleaning system . Once the cycle is complete, all you need to do is wipe it down with a cloth to remove any traces of dirt.

Bosch,future of connected homes looks like

To mark the 10th anniversary of Home Connect, BSH presents new functions and appliances at IFA Berlin 2024 that promote sustainability and comfortable use.  The Smart Start function automates the operation of home appliances based on the highest proportion of renewable energy in the power grid. For consumers who use dynamic electricity tariffs, Smart Start can also determine the program start of appliances based on current electricity prices.  The Care Dashboard allows you to monitor the status of your appliances, identify maintenance requirements at an early stage and fix problems directly in the Home Connect app.  The XXL built-in fridge-freezers from #Bosch and #Siemens are the world’s first Matter-enabled home appliances to set new standards in cross-brand #connectivity at home. With its integration into the Matter standard, BSH is actively positioning itself for the smart home of the future.

BSH IFA 2024

At IFA, Bosch House will be showcasing household appliances, as well as devices and technologies that help you achieve optimal results throughout the home. This year’s household appliances include the new French Door fridge-freezer combinations with the most powerful ice and water dispenser on the European market , which can produce up to 5 kg of ice per day. In the kitchen, the new Series 4 and 6 ovens impress with their AirFry and steam functions. The new Series 6 and 8 washing machines allow you to save energy, water, electricity and detergent with every wash cycle Serie 8 WGB244AW0 washing machine present at IFA is 50% more efficient than the energy efficiency category A

Siemens focuses on the desire for simplicity in everyday life. The new cooktops with diamondProtect feature a more resistant CERAN® surface , which ensures easy maintenance and a long product life. Siemens is also introducing this new material for the first time in the iQ500 inductionAir Plus cooktop , which integrates an extractor hood with combined induction and temperature control. The iQ700 oven with food recognition has doubled its range of applications: thanks to AI and the integrated camera, it automatically recognizes 80 dishes and use cases and knows how to set the optimal cooking method. Other areas of application for artificial intelligence include the browning sensor and the intelligentProgram of the Siemens dishwasher , which learns and adapts to the expectations of its owners