Business development 2012 / 2013
In regional terms, NAFTA accounted for the group's biggest growth rate in 2011 with an increase in turnover of 25%, followed by Asia with 20% and Europe with 15%.
Investments reached a new peak value in 2011. The family-owned company invested some 300 million euros in setting up new locations or expanding existing ones as well as in state-of-the art production, logistics and communications technology. Investments in Germany accounted for 84 million euros of the total amount invested.
In 2011, approx. 8% of turnover was spent on research and development as well as staff qualification and training measures, thus making Brose in this respect one of the top companies in its industrial sector.
The Brose Group is one of the top 50 family-owned companies in Germany in terms of sales revenue and the sixth largest family firm in Bavaria. In the region of Upper Franconia, Brose is the second largest industrial enterprise.
Business prospects continue to be positive for the Brose Group. The owners agreed to an investment budget of more than 300 million euros for 2012. In global terms, Brose plans to start operations in six new plants in Hungary, Russia, China, the USA and Brazil over the next 12 months.
In view of the ongoing high level of demand, the management anticipates that global sales will rise by around 14% in 2012 to some 4.6 billion euros. Strong impetus for growth is expected from North America, China, Korea, India and Russia.
Investments reached a new peak value in 2011. The family-owned company invested some 300 million euros in setting up new locations or expanding existing ones as well as in state-of-the art production, logistics and communications technology. Investments in Germany accounted for 84 million euros of the total amount invested.
In 2011, approx. 8% of turnover was spent on research and development as well as staff qualification and training measures, thus making Brose in this respect one of the top companies in its industrial sector.
The Brose Group is one of the top 50 family-owned companies in Germany in terms of sales revenue and the sixth largest family firm in Bavaria. In the region of Upper Franconia, Brose is the second largest industrial enterprise.
Business prospects continue to be positive for the Brose Group. The owners agreed to an investment budget of more than 300 million euros for 2012. In global terms, Brose plans to start operations in six new plants in Hungary, Russia, China, the USA and Brazil over the next 12 months.
In view of the ongoing high level of demand, the management anticipates that global sales will rise by around 14% in 2012 to some 4.6 billion euros. Strong impetus for growth is expected from North America, China, Korea, India and Russia.
