By: Islam Fadl
Cairo – Mubasher: Germany’s Bosch und Siemens Hausgeräte (BSH) plans to establish a cookware plant in Egypt by 2021, the company’s executive director in Egypt said.
The Egyptian government has not given final approval yet for the allocation of a land plot to the factory planned to be established in the coming period.
Currently, the German firm seeks to pour more investments into the Egyptian market, the top official added.
With 42 plants across Europe, the US, South America, and Asia, BSH generated EUR 13.8 billion in revenues in 2018.
Translated by: Zeinab Adel
