​Ziehl-Abegg grows  turnover by 12%

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Published: 20 February 2018


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Ziehl-Abegg has introduced a new system for the manual assembly of the circuit boards for the electric motors, reducing the error rate to zero percent. Elements that cannot be assembled on an automated basis are seen being assembled manually by Gabriela Szworc onto the printed circuit boards which are later installed in the motors
Fan and motor manufacturer Ziehl-Abegg posted growth of around 12% last year. Turnover rose from 484 million to 540 million euros according to provisional figures  and the number of employees reached a new record high of 3,900, up from 3,550 a year ago. 
CEO Peter Fenkl said: "Our expectations have been significantly exceeded in Asia as well as in North and South America." And countries where sales had been halved due to political upheavals a few years ago have recovered well, posting increases in the double-digit percentage range. The company boss referred in particular to the Ukraine and Russia as example of this development. The new Ziehl-Abegg company in Dubai is proving to be a good starting point for business in the Middle East. 
 
Whilst ventilation technology (fans) and drive technology (elevators, medical technology) each both posted a double-digit increase in sales, the company says the automotive division is lagging behind expectations. 

www.ziehl-abegg.com