Voith GmbH & Co KGaA - Company Profile
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Voith GmbH & Co KGaA (Voith) is a technology company. It provides a portfolio of systems, products, services, and digital applications. The company offers automation and digital solutions, connection components and couplings, braking systems, hydropower components, drives and transmissions, hydraulics, pneumatics, cooling systems, papermaking components, electrics, electronics, and controls. Voith is owned by JMV GmbH & Co KG. The company serves customers in the oil & gas, paper, energy, raw materials, and transport and automotive sectors across Europe, the Americas, Asia, and other regions. The company has manufacturing and technological centers across the world. Voith is headquartered in Heidenheim, Baden-Wurttemberg, Germany.
Headquarters
Germany
Address
St. Poltener Strasse 43, Heidenheim, Baden-Wurttemberg, 89522
Website
www.voith.com
Telephone
49 7321 370
No of Employees
22,479
Industry
Industrial Goods and Machinery
Revenue (2023)
$6.0B
Voith GmbH & Co KGaA premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Components | Supportive Technical Services |
| Turbines | Turnkey Plant Solutions |
| Hydropower Plant Equipment | Technology and Industrial Services |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Others | In May, the company received funding from the German Federal Ministry for Economic Affairs and Climate Action to research a process for sustainable paper production. |
| 2024 | Incorporation/Establishment | In April, the company announced the establishment of Voith HySTech GmbH. |
| 2024 | Others | In April, the company announced the launch of US$5 million 200-ton PAMA Horizontal Boring Mill for hydropower manufacturing. |
Competitor Comparison
| Key Parameters | Voith GmbH & Co KGaA | ABB Ltd | Andritz AG | Bosch Rexroth AG | Ferrostaal GmbH |
|---|---|---|---|---|---|
| Headquarters | Germany | Switzerland | Austria | Germany | Germany |
| City | Heidenheim | Zuerich | Graz | Lohr Am Main | Essen |
| State/Province | Baden-Wurttemberg | - | Burgenland | Bayern | Nordrhein-Westfalen |
| No. of Employees | 22,479 | 108,700 | 29,933 | 32,059 | 200 |
| Entity Type | Private | Public | Public | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Toralf Haag | Chief Executive Officer; President | Senior Management | 2018 | - |
| Stephanie Holdt | Chief Financial Officer | Senior Management | 2022 | - |
| Siegfried Russwurm | Chairman | Non Executive Board | 2019 | - |
| Tobias Keitel | President - Group Division-Hydro; Chief Executive Officer - Group Division-Hydro; Member | Senior Management | 2022 | - |
| Cornelius Weitzmann | Chief Executive Officer - Group Division-Turbo; Member; President - Group Division-Turbo | Senior Management | 2021 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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