Mobility. Dynamics. Innovation. Premium3 Mobility. Dynamics. Innovation.
Company Overview Foundation: 2006 (former Schaeffler Group) Sales 2011: 300 Mio. Euro Employees: 1,400 Plants: 2 in Germany, 1 in Bulgaria, 1 in USA, 1 in China, 1 in India (JV with DSI) Owners: Cognetas and Management Company Presentation
Locations Company Presentation Germany Headquarters: Bad Homburg R&D, Administration. Production: Chassis and Transmission Pumps Germany Plant: Hückeswagen Assembly: Vacuum and Transmission Pumps Bulgaria Plant: Plovdiv Production: Steering and Vacuum Pumps Japan Representative Yokohama China Plant Shanghai Assembly Vacuum Pumps USA Brunswick: Sales and Plant India JV ixetic DSI Plant: Bangalore Assembly Vacuum Pumps Brazil Porto Alegre Partnership DHB Company Presentation
Product Portfolio Power-steering pumps Vacuum pumps Chassis pumps Transmission components Tandem pumps Thermomanagement E-Cars Company Presentation 4 4
Market Shares 2011 Product Region Share Chassis Pump World 90 % Vacuum Pump 33 % Truck Steering Basis: Medium and Heavy Trucks America 40 % Europe 36 % Transmission Pump CVT Transmission Pump All Automatic Transmissions 20 % Car Steering 10 % Company Presentation
Sales in Mio. € 2005 2006 2007 2008 2009 2010 2011 Company Presentation
Customers Company Presentation 7
Why Bulgaria ? We explored Poland, Ukraine, Slovakia, Romania and Bulgaria Our decision criteria were: political stability, labor cost development, skilled workforce, tax rates, easy way to travel (for logistics and customers). With Bulgaria we got: An EU member state Excellent skilled workforce 3 Flight connections a day Transportation time for trucks 31 hours (1,900 km from Bad Homburg) Labor cost lower compared to Germany. Plovdiv has a technical university. Plovdiv is a nice place to travel. Company Presentation 8 8
Our Plans in Bulgaria Production value in 2011 was about 65 Mio. Euro Number of employees will increase from 230 (March 2012) to 250 end of the year 2013 we will expand our production site in Plovdiv by 50 %, from 10.000 m² to 15.000 m² End of 2013 we will have more than 350 employees Company Presentation 9 9
Precision to move Company Presentation