Translations:BSH Chronologie 1967-1978: Gründung und nationale Konsolidierung/9/en
Bosch and Siemens announced the stepping up of their collaboration in a joint press release on November 28, 1972. BSHG Manager Wolfgang Tochtermann described the consortium agreement negotiated in his "History of BSH" as the second phase of BSHG's integration.[1] Bosch Hausgeräte, Siemens Electrogeräte GmbH and Constructa GmbH were newly established as operating companies on January 1, 1973. These companies took their instructions from BSHG but remained full subsidiaries of their parent companies. The collaboration with the Robert Bosch GmbH subsidiary Blaupunkt Werke GmbH was secured by BSHG's 25 percent intercompany holding in Blaupunkt. The company Junkers & Co GmbH, likewise a subsidiary of Bosch, was no longer involved. The share capital was increased to 140 million deutschmarks. Functions that had previously been undertaken separately, including financing, auditing, patents and contracting, taxes and insurance, customer service and spare parts supply, warehousing and transportation as well as accounting and market research were converged. The workforce at BSHG expanded to meet the new challenges. At the same time, the company was making efforts to standardize its conditions of employment. Siemens employees of BSHG were formerly remunerated according to Siemens rates and Bosch employees according to Bosch rates. It took until the end of 1977/beginning of 1978 before all of the around 16,000 employees were taken over by BSHG on January 1, 1978 following a renewed transformation of the companies.[2] The staff received uniform conditions of employment. The plant magazine inform, which had been appearing since 1978, promoted a sense of community among the staff.