WEG Competitors and Similar CompaniesClear all
WEG's competitors and similar companies include ABB.
 WEG WEG is a company that manufactures and supplies electric-electronic equipment and industrial electrical systems. |  ABB ABB is a company that provides electrification, automation, robotics, and digitalization solutions. | |
Founding Date | Founding Date 1961 | Founding Date 1988 |
Type | Type Public | Type Public |
Tags | ||
Locations | Locations Jaraguá do Sul, BR HQ Bordj El Kiffan, DZ Buenos Aires, AR San Francisco, AR Melbourne, AU Vienna, AT Nivelles, BE see more | Locations Zürich, CH HQ Hydra, DZ Luanda, AO Bella Vista, AR Buenos Aires, AR Darra, AU Eagle Farm, AU see more |
Employees | Employees 47,0001% decrease | Employees 112,700 |
Financial | ||
Revenue (est.) | Revenue (est.) R$40.8b (FY, 2025) | Revenue (est.) $35.6b (FY, 2025) |
Cost of goods | Cost of goods R$18.3b (FY, 2025) | Cost of goods $20.3b (FY, 2025) |
Gross profit | Gross profit R$22.5b (FY, 2025) | Gross profit $15.4b (FY, 2025) |
Net income | Net income R$6.8b (FY, 2025) | Net income $4.8b (FY, 2025) |
Operating ⚠ | ||
Patents and Patent Applications | Patents and Patent Applications 450 (FY, 2020) | Patents and Patent Applications 25 k (FY, 2021) |
For sources of this data, please see the company profile
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ABB
HQ
Zürich, CH
Employees
112,700
ABB is a company that provides electrification, automation, robotics, and digitalization solutions.
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