Future of Bosch’s assets in Russia revealed by media ...News

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Future of Bosch’s assets in Russia revealed by media
Chinese home appliance maker Hisense is expected to buy two of the German company's enterprises in Russia Bosch’s two idle manufacturing sites near St. Petersburg are set to be purchased by Chinese household appliances manufacturer Hisense, Russian business daily Kommersant reported on Monday, citing sources close to the matter. The German multinational previously said that Ukraine-related sanctions had either interrupted most of its business in Russia, or brought it to a standstill for many months. Hisense has already purchased some Russian assets belonging to Bosch, one of the sources told the media. Bosch repor

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