WAY Equipamentos Elétricos

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WAY Equipamentos Elétricos

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legal form Brazil: Aktiengesellschaft (SA)
Germany: GmbH
ISIN BRWEGEACNOR0
Seat Jaraguá do Sul , BrazilBrazilBrazil 
management Harry Schmelzer ( CEO )
Number of employees 31,104
sales 12 billion BRL (~ 1.9 billion euros )
Branch Electrical engineering
Website www.weg.com.br
As of December 31, 2018

WEG Equipamentos Elétricos SA is a company from Brazil with its headquarters in Jaraguá do Sul in the state of Santa Catarina . The company is listed in the IBOVESPA financial index .

WEG was founded on September 16, 1961 by Werner Ricardo Voigt, Eggon Joao da Silva and Geraldo Werninghaus under the company name (company) Eletromotores Jaraguá . The current company emerged in later years from the first letters of the company's founders.

WEG produces electric motors and sells them in around 100 countries worldwide. The company has seven main plants in Brazil - São Paulo, São Bernardo do Campo, Guarulhos, Manaus, Guaramirim, Blumenau and two plants in Jaraguá do Sul - and two plants in Argentina , one in Mexico , one in Portugal and one in China .

Individual evidence

  1. WEG Equipamentos Elétricos: 2018 Integrated Annual Report , accessed on May 19, 2020