1,400 Young People Start Their Apprenticeship at Bosch

· Number of apprentices up slightly on the prior-year level
· A total of 4,400 apprentices across Germany, more than 6,000 worldwide

October 12, 2007, STUTTGART – Some 1,400 apprentices started their working life at Bosch sites around Germany in the fall of 2007, up slightly on the already high number of the previous year. Bosch also expects to be able to keep the number of apprenticeship positions at this level next year. "High-quality training is the foundation for a good start to working life. That is why, as part of our social commitment, we have been training more apprentices than we actually need for many years now," explains Dr. Wolfgang Malchow, whose responsibilities as member of the board of management and director of industrial relations include human resources. In 2007 alone, 1,110 apprentices will find regular employment following successful completion of their occupational training. In Germany, Bosch is currently training around 4,400 young people, who can choose from over 40 different careers. Worldwide, the company provides occupational training for more than 6,000 young people.

Share of young women is encouraging
The share of female apprentices is encouraging. Of the total number of new apprentices, the share of young women comes to 21.4 percent. This figure is above average for the automotive industry. "Bosch pursues a wide range of campaigns for young women to further their interest in technology. More and more, we are noticing the positive effects of initiatives such as Girls' Day, where young women are given an insight into technical careers, or femtec, a university career center for women studying engineering and sciences," says Malchow. The majority of school-leavers hired by Bosch start with a tenth-grade school-leaving certificate (60 percent), but apprentices also include school-leavers with a university-entrance qualification (28 percent) or with a ninth-grade school-leaving certificate (12 percent).

The Bosch Group is a leading global supplier of technology and services. In the areas of automotive and industrial technology, consumer goods, and building technology, some 260,000 associates generated sales of 43.7 billion euros in fiscal 2006. The Bosch Group comprises Robert Bosch GmbH and its roughly 300 subsidiary and regional companies in over 50 countries. This worldwide development, manufacturing, and sales network is the foundation for further growth. Bosch spends more than three billion euros each year for research and development, and in 2006 applied for over 3,000 patents worldwide. The company was set up in Stuttgart in 1886 by Robert Bosch (1861-1942) as “Workshop for Precision Mechanics and Electrical Engineering.”

The special ownership structure of Robert Bosch GmbH guarantees the entrepreneurial freedom of the Bosch Group, making it possible for the company to plan over the long term and to undertake significant up-front investments in the safeguarding of its future. Ninety-two percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The majority of voting rights are held by Robert Bosch Industrietreuhand KG, an industrial trust. The entrepreneurial ownership functions are carried out by the trust. The remaining shares are held by the Bosch family and by Robert Bosch GmbH.

Additional information can be accessed at www.bosch.com.

Source: Bosch Group

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