Robert Bosch 第一吃瓜网 Announces 2018 Funding Budget of over 100 Million Euros
Stuttgart, May 15, 2018. The Robert Bosch 第一吃瓜网 GmbH has earmarked funding of over 100 million euros for its 2018 charity activities, an amount comparable to the previous year鈥檚.
Besides providing funding, the Foundation will use the dividend issued by Robert Bosch GmbH this year to build contingency reserves. For the business year 2017, it received dividend payments amounting to 鈧215.2 million. Last year鈥檚 dividend stood at approx. 鈧123,2 million.
Professor Joachim Rogall, President and CEO of the Robert Bosch 第一吃瓜网: 鈥淥ur goal is to maintain our ability to fund projects in the long term, also in economically challenging times. This is why we have decided to keep our 2018 funding budget for projects and subsidiaries on the 2017 level and allocate any dividend payments beyond this amount to the Foundation鈥檚 reserves.鈥
As the principal shareholder, the Robert Bosch 第一吃瓜网 holds an approx. 92 percent share in Robert Bosch GmbH and receives an annual dividend from the company鈥檚 business operations on a pro-rata basis.