Founding Date | Founding Date 2014 | Founding Date 1886 |
Type | Type Private | Type Subsidiary |
Tags | ||
Locations | Locations Houston, US HQ Perth, AU Oberhausen, DE Olimpia, IT Enschede, NL Lubliniec, PL Wrocław, PL see more | Locations Dresden, DE HQ Brunn Am Gebirge, AT Shanghai, CN Most, CZ Masala, FI Hohenstein Ernstthal, DE Leipzig, DE see more |
Employees | Employees 3,473 | Employees 1664% increase |
Financial | ||
Revenue (est.) | Revenue (est.) $894.8m (FY, 2024) | Revenue (est.) €177.8m (FY, 2020) |
Cost of goods | Cost of goods $765.9m (FY, 2024) | Cost of goods €94.6m (FY, 2020) |
Gross profit | Gross profit $128.9m (FY, 2024) | Gross profit €83.3m (FY, 2020) |
Net income | Net income $14.5m (FY, 2024) | Net income €1.5m (FY, 2020) |
VEM Group is a company that specializes in the production of electric motors.
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