BSH Bosch und Siemens Hausgeräte GmbH, (or Bosch and Siemens Household Appliances, BSH) is the largest manufacturer of home appliances in Europe and one of the leading companies in the sector worldwide. The group stemmed from a joint venture set up in 1967 between Robert Bosch GmbH (Stuttgart) and Siemens AG (Munich) and posted annual sales of 9,073 billion Euro (13,000 billion US Dollars) in the year 2010. Today, BSH operates 41 factories in 13 countries in Europe, the USA, Latin America and Asia. Together with a global network of sales and customer service firms, the BSH conglomerate today is made up of about 70 companies in 46 countries, with a total workforce of close to 43,000 people.