Ferrostaal
Ferrostaal is a German-owned industrial services company. It has 4,400 employees and an annual turnover of around 1.6 billion euros (2008), and has a market presence in around 40 countries. The company's activities are focused in two areas: Projects (Petrochemicals, Industrial Plants, Solar Energy and Power) and Services (Equipment, Piping, Automotive). In 2009, the International Petroleum Investment Company (IPIC) of Abu Dhabi took over 70% of the shares of Ferrostaal AG from MAN AG, Munich. Due to the acquisition of the majority shares, the company entered the commercial register as Ferrostaal, signifying its separation from the MAN Group.
| Company type | Private company: GmbH |
|---|---|
| Industry | Industrial Services and Machinery Supply |
| Founded | 1920 |
| Headquarters | Essen, Germany |
Number of locations | more than 40 countries worldwide |
Area served | global |
Key people | Executive Board: Dr. John Benjamin Schroeder, Dr. Klaus Lesker, Joachim Ludwig, Ralf Schwarzhaupt, Dr. Michael Bütter |
| Products | Petrochemicals, printing machinery, food processing and packaging converting, etc |
| Services | industrial services |
| Revenue | € 1,6 billion (2008) |
| € 100 million(2008) | |
Number of employees | 4,400 (2008) |
| Parent | Franz Haniel & Cie. |
| Website | ferrostaal.com |
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