Ziehl-Abegg is increasing its turnover at a faster rate than forecast – driven by energy-saving products

Ziehl-Abegg is increasing its turnover at a faster rate than forecast – driven by energy-saving products

Ziehl-Abegg (Germany) – “We’ve reached half a billion. By the end of November we reached sales of half a billion euros”, says Peter Fenkl, the CEO of Ziehl-Abegg. The Künzelsau-based industrial company develops, builds and sells fans and electric motors for lifts, medical technology applications, remotely operated underwater vehicles and electric buses.

2017 will go into the Ziehl-Abegg books as a record year. After achieving sales of 484 million euros in 2016, by the end of December this year the company expects to post annual sales of around 530 million euros. This represents an increase of ten percent.

The positive development right across every continent is being driven by modern, energy-saving products that are used in numerous fields. For example, in modern wind turbines or large data centres, because low energy fans for cooling and ventilation are always in demand.

About Ziehl-Abegg:
Ziehl-Abegg (Kuenzelsau, Baden-Wurttemberg, Germany) is one of the leading global companies in the field of ventilation, control and drive technology. Back in the Fifties, Ziehl-Abegg established the basis for modern fan drives: external rotor motors which even today are still seen as state-of-the-art worldwide. Another area of business is electric motors which provide the power, for example, for elevators, medical applications (computer tomography equipment) or deep-sea underwater vehicles. The theme of electro-mobility for motor vehicles was established as part of the Ziehl-Abegg Automotive Team in 2012.

The high-tech company has an impressive innovative capability. Ziehl-Abegg employs 2,000 personnel in its production plants in Southern Germany. The company has a global workforce of 3,550 spread between 16 production plants, 27 companies and 97 sales locations. The products, approx. 30,000 in all, are sold in more than 100 countries. Turnover in 2016 totalled 484 million euros, with exports accounting for three quarters of the figure.

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