HOERBIGER Group – Figures
Over the last 10 years, the Group has recorded steady growth.
We could not escape the global crisis.
Yet, with a view to the future we have broadened our global base.
The fundamental strategic orientation of the HOERBIGER Group is based on a balanced contribution of the three key markets:
- Oil, gas, and process industry
- Automotive industry
- Mechanical and plant engineering industry
2009 had a difficult beginning: The crisis in the automotive industry reached a preliminary peak. Sales slumps were foreseeable in the mechanical and plant engineering industry. And over the course of the year, the crisis then widened to include the oil, gas, and process industry.
At the end of the 2009 fiscal year, the sales volume of the Group was 772 million euros. On December 31, 2009, HOERBIGER had approximately 6,500 employees worldwide.
Despite extremely difficult ambient conditions, we succeeded in limiting the impact of the sales losses on the corporate financial profile. For this purpose, HOERBIGER instituted one of the most comprehensive cost reduction programs in the company's history. In this context, it was inevitable to cut jobs, especially in Europe and North America, the economic regions primarily affected by the crisis.
Through strategic acquisitions in the United States, India, and Canada, and by developing new production plants in China and Poland, the total number of employees working for HOERBIGER increased in 2009.
The positioning of the HOERBIGER Group remains stable.
We will make every possible effort in 2010 to again make a reliable contribution to the added value of our customers: through dedicated employees and through technologically outstanding, investment-determining products and services.
Employees: Sales:
3,200 (1997) 347 million euros (1997)
5,300 (2006) 733 million euros (2006)
6,300 (2007) 972 million euros (2007)
6,400 (2008) 970 million euros (2008)
6,500 (2009) 772 million euros (2009)
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