Sales up by around 9.5 percent
Ziehl-Abegg records record year 2023
Ziehl-Abegg, manufacturer of electric motors and fans, closed the 2023 financial year as the most successful year in the company's history.
The company achieved sales growth of 9.5 percent to 955 million euros and the largest single investment in the company's history. Ziehl-Abegg also intends to set the course for sustainable global growth with a newly developed strategy and a structural realignment.
International activities expanded
"This is the best year in the company's history," explains Dr. Marc Wucherer, CEO of Ziehl-Abegg. One highlight of the year was the ground-breaking ceremony for a new plant in the USA, an investment of 100 million euros. At the same time, Ziehl-Abegg started construction of a new plant in Vietnam and commissioned a new production facility in Poland. Production will be established in India in 2024. In Germany, Ziehl-Abegg has invested more than 30 million euros in improved machinery and automation technology.
ZA2030 strategy: emission neutrality, sustainable products and transparency
In view of the continuous growth, Ziehl-Abegg is adapting its internal structures: The reorganization provides for a division into four geographical areas: Central Europe, EMEA, APAC and the Americas.
Ziehl-Abegg is also pursuing the following goals with the ZA2030 strategy: Emission neutrality, sustainable products and complete transparency regarding environmental impact.
"The course has been set for further growth, with a clear focus on innovation, sustainability and global customer proximity," summarizes CEO Wucherer.
You might also be interested in
Ziehl-Abegg reaches 1 billion euros in sales for the first time
Ziehl-Abegg SE achieves sales of over one billion euros for the first time. A record year between growth, headwinds and strategy.
read more...Ziehl-Abegg starts the year 2025 with a tailwind
2024 was a difficult year, but the focus is on the future: Ziehl-Abegg's order intake had already picked up significantly by the end of the year.
read more...Triton Partners takes over Flender
Global investment firm Carlyle has signed an agreement to sell Flender, a provider of mechanical drive technology, to Triton Fund 6, advised by Triton. The terms of the transaction were not disclosed and is expected to close in the fourth quarter of...
read more...Family-owned company invests 28 million euros in Nuremberg site
Anyone talking about German industry at the moment is often talking about uncertainty: a weak economy, high costs, global upheavals. A different story is being told in Nuremberg.
read more...More than 900 exhibitors already registered
Around six months before the start of the trade fair, more than 900 companies have registered for SPS 2026 in Nuremberg. The trade fair focuses on industrial AI, cyber security and digital transformation.
read more...Electromobility and the supplier industry
Bosch wins major order from Mercedes-Benz for electric motors
Bosch receives a major order from Mercedes-Benz to supply electric motors for new electric drives until the 2030s. The supplier is thus further expanding its position in the growth market of electromobility.
read more...Why stator and rotor laminations are becoming a performance factor
Why the future of robotics depends not only on software, but also on high-precision stator and rotor laminations inside the motor.
read more...New drives and image processing for networked production
B&R, the Machine Automation Division of ABB, will be presenting new solutions for machine and plant engineering at the all about automation trade fair in Wels. The focus will be on drive technology and industrial image processing.
read more...Schaeffler increases margin in the first quarter
Schaeffler improved its operating profitability in the first quarter of 2026 despite declining nominal revenue. The Group generated 5.764 billion euros in revenue and increased EBIT before special items to 285 million euros. E-mobility and...
read more...