Robert Bosch GmbH

German Giant Bosch has Developed Rapid COVID-19 Tests

The German company Bosch has developed a rapid test to detect the new coronavirus, the result of which is ready in two and a half hours and gives 95% accuracy. The new test uses the molecular diagnostics of Vivalytic made by Bosch Health Department and used in hospitals, laboratories and medical practices. The rapid test meets the quality standards of the World Health Organization (WHO).

Local reactions have driven BSH away

The reasons for the divestment of Munich-based Bosch Siemens Hausgerate (BSH) from Greece, with the cancellation of a multi-million-euro project and the approaching closure of its plant in Rendi, southern Athens, are not only related to the financial crisis and the adverse business climate in the country, but also due to local reactions to its investment.

One of Greece’s oldest factories is shutting down

One of Greece’s oldest factories; formerly known as Pitsos and founded in 1865, is shutting down.

Renamed BSH Hellas; after the acquisition by German Bosch-Siemens Hausgerate, the factory based in Renti, south of Athens, is to shut down by the end of 2018.

The company’s management announced a voluntary redundancy program for its 250 employees.

Moral high ground lost in Malta

Times are hard for many European firms, particularly German giants such as BMW, Puma, Lufthansa and Bosch. It appears these firms can't even afford an office of their own where they could advance their interests with the requisite comfort and equipment. For that reason, they end up crammed together under the same roof. It is often a humble, almost empty room.