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Article: BOSCH GROUP UNVEILS FAR-REACHING CHINA PLANS.
- Article from:
- AsiaPulse News
- Article date:
- March 20, 2006
CopyrightCOPYRIGHT 2006 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BEIJING, March 20 Asia Pulse - Leading German company the Bosch Group announced on Friday its ambitious recruitment plan to hire 4,000 more workers in China in the next two years.
It also plans to invest a total of some 650 million euros (US$781.62 million) in China from last year to 2007.
By 2004, Bosch had invested about 550 million euros (US$661.37 million) in the establishment and expansion of its Chinese activities.
Under the recruitment plan, Bosch will increase the number of its employees on the Chinese mainland from the present 14,000 to 18,000 by 2007.
"Over the next two years, we shall be hiring not less than 1,000 additional ...