Craft

VEM Group

Revenue

€177.8 M

FY, 2020

VEM Group Summary

Company Summary

Overview
VEM Group is a company that specializes in the production of electric motors. It offers brake, roller table, single-phase, and fire gas motors, asynchronous generators, compact drives, frequency converters, and other products. The company also provides system solutions to steel, chemical, shipbuilding, power plant, renewable energy, and other industries.
Type
Subsidiary
Status
Active
Founded
1886
HQ
Dresden, DE | view all locations
Website
https://www.vem-group.com/
Cybersecurity rating
Sectors

Key People

  • Joachim Koch
  • Torsten Kuntze

    Torsten Kuntze, Managing Director

  • Jianyu Wang, Managing Director

    • Falk Lehmann, Managing Director

      Operating MetricsView all

      Manufacturing Facilities

      4

      Jun, 2022

      Solutions

      9

      Jun, 2022

      Product Categories

      3

      Jun, 2022

      LocationsView all

      14 locations detected

      • Dresden, SN HQ

        Germany

        Pirnaer Landstraße 176

      • Brunn am Gebirge, Niederösterreich

        Austria

        Wienerstraße 129 1/2/4

      • Shanghai, Shanghai

        China

        Room 803, Block 2, Xin Zhuang Doushi Road 4885, Minhang District

      • Most, Ústecký kraj

        Czech Republic

        Dřínovská 3, Komořany

      • Masala

        Finland

        Kehänreuna 4

      • Hohenstein-Ernstthal, SN

        Germany

        Dresdner Str. 35

      and 8 others

      VEM Group Financials

      Summary Financials

      Revenue (FY, 2020)
      €177.8M
      Gross profit (FY, 2020)
      €83.3M
      Net income (FY, 2020)
      €1.5M
      Cash (FY, 2020)
      €11.3M

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