corporation presentation nov 09
DESCRIPTION
Grundfos Corporate presentation November 2009TRANSCRIPT
CORPORATE PRESENTATION2009
CONTENT
Grundfos in brief Organisation
Basic
values Business areas
Grundfos’
history Sales and service
Certificates Supply
chain
Key
figures The future
GRUNDFOS IN BRIEF
Grundfos in brief
•
Founded
in 1945 by Poul Due Jensen
•
Annual
production
of more than
16 million pump units
•
Turnover
of DKK 19 billion in 2008
•
About
17,000 employees
worldwide
Back to content
Grundfos in brief
Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
Grundfos in brief
Grundfos primarily
manufactures:•
Circulator
pumps•
Water booster
pumps/systems•
Submersible
pumps •
Industrial pumps •
Dosing
pumps
•
The world’s
largest
manufacturer
of circulator
pumps •
Production
and sale of electronic
motors•
Development, production
and sale of electronis
for the control
of pumps and pump systems
•
Development, production
and sales of New Business products.
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Grundfos in brief
Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
Grundfos in brief
CEREG:13 sales companies3 production companies5 other brands
CHINA:2 sales companies1 production companies1 other brand
NAMREG:3 sales companies2 production companies3 other brands
STAR:7 sales companies
WEREG:16 sales companies6 production companies5 New Business companies3 other brands
APREG:9 sales companies2 production companies2 other brands
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Production
Hungary
France
Taiwan United Kingdom
Germany
Singapore U.S.A.Denmark
Mexico
Russia
Finland
China
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Grundfos in brief
Danish companies:
•
Grundfos Management A/S
(Grundfos Holding A/S)
•
Grundfos A/S (Production)
•
Grundfos DK A/S (Sales)
•
Grundfos Finance
A/S (Finance)
•
Approx. 4,300 employees
in Denmark
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Grundfos in brief
Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
BASIC VALUES
Back to content
Grundfos in brief
Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
BE–THINK–INNOVATE
BEING RESPONSIBLE
IS OUR FOUNDATION
THINKING AHEADMAKES IT POSSIBLE
INNOVATIONIS THE ESSENCE
Values
•
Sustainability
•
People in focus
•
Responsibility
•
Global thinking
•
Open and thrustworthy
•
Leadership
•
Partnership
•
Independence
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Grundfos in brief
Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
Mission
Grundfos is one
of the world’s
leadingpump manufacturers
and shall:
•
Develop, manufacture
and sell
high
quality
pumps and pump systems
•
Make
the lives of human beings
easier
•
Actively
contribute
to a better
global environment
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Grundfos in brief
Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
Vision
Grundfos strives to create a futurewhere:
•
The customers recognise us at the leading manufacturer and business partner.
•
The employees enjoy a demonstrably high degree og satisfaction and good development opportunities
•
Society at large recognises Grundfos because we meet our objectives of responsibility
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Grundfos in brief
Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
GRUNDFOS’
HISTORY
Historical
milestones
Founded by Poul Due Jensen
First mass produced pumps are introduced to the market
Poul Due Jensen dies, 65 years old
Niels
Due Jensen becomes the new Group President
1945 1952 1960 1968 1977 1978
The Grundfos company is established abroad
Change of name from Grundfoss
to Grundfos
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Historical
milestones
1983 1987 1990 1993 20082006
Electronics
production
Technology and development centre is inaugurated
Jens Jørgen
Madsen becomes the new Group President
Carsten
Bjergbecomes the new Group President
1984 1985 1995 20012000 20052003
Turnover: DKK 1 billion
Turnover: DKK 5 billion
Turnover: DKK 10 billion
Turnover: DKK 15 billion
50th anniversary
10,000 employees More than 18,000 employees
60th anniversary
5,000 employees
2,500 employees
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Back to content
Grundfos in brief
Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
Poul Due Jensen
•
Founded the company in 1945
•
Inspired and visionary inventor
•
Understood the value of working together
•
A major personality in Danish industry
•
Died at the age of 65 in 1977
Niels Due Jensen
•
Group Chairman from 2003
•
Group President from 1978-2003
•
Increased growth during the period:
–
The number of companies and employees multiplied
•
from 7 to 63 companies
•
From 2,800 to 11,700 employees
•
In 2001 the turnover reached DKK 10 billion
•
Strong dedication to electronics development
•
Focus on innovation initiatives
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Grundfos in brief
Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
Jens Jørgen Madsen
•
Group President from 2003-2006
•
Member of Group Management from 1991-2006
•
Group IT, Group Finance (CFO) and Marketing as main areas of responsibility
•
Member of the board of more than 25 Grundfos companies
•
Employed at Grundfos for more than 30 years
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Grundfos in brief
Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
Carsten Bjerg
•
Present Group President since 2006
•
Vice Group Presiden
2003-2006
•
Director of production and logistics 2000-2006
•
Member of Group Management in 2000
•
Director of international production 1997-2000
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Grundfos in brief
Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
GRUNDFOS logo
1952 2001
Back to content
Grundfos in brief
Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
Product
milestones
1952 1959 1965 1984 1990 2000
2001 20012001 2001 2001 2007
CP-pump VP circulator pump
Stainless SP pump
Wastewater pumps
Intelligent pumps (Micro Frequency Converter)
Dosing
Magna SQFlex SE1/SEV pump ALPHA Pro Digital Dosing ALPHA2
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Company aquisition
milestones
1988 1998 1999 20001993 1996 2001 20022002 2003
Back to content
2004 2006 2006 20062005 2005 2006 20072007 2008
Company aquisition
milestonesBack to content
CERTIFICATES
Certificates
1999 20082004 2005 2005 20062006
OHSAS18001
EMAS Price winner EMAS
WinnerSocial responsibility, employee development and involvementBest workplaces
in EuropeISO 14001
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KEY FIGURES
Back to content
Grundfos in brief
Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
Key
figures
Net turnover% of annual growth rate
2.500
2.000
500
02004 2005 2006 2007
1,63
4
1,80
1
2,06
3
150
100
50
02004 2005 2006 2007
166
168
198
9.0 10
.4
14.6
10.1
9.3
9.6
2008
2,25
79.
4
Profit before tax% of annual net turnover
2008
184
8.2
EUR million EUR million
1.500
1.000
2,55
013
.1
129
5.0
200
Back to content
Grundfos in brief
Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
Key
figures
1.250
1.000
500
50
02004 2005 2006 2007
791
918
1.06
4
100
75
50
02004 2005 2006 2007
73 79 91
Equity and minority interestsReturn on equity
Research and development costs% of net turnover
2008
1.14
0
2008
108
EUR millioner EUR millioner
750
25
14,2
12,7
12,5
4,5
4,4
4,410
,5
4,8
6,6
5,2
1.18
1
133
125
150
Back to content
Grundfos in brief
Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
Key
figures
Capital investments, tangible Number of employee
200
150
100
50
02004 2005 2006 2007
134
135
150
15.000
10.000
5.000
02004 2005 2006 20072008
196
2008
EUR million Number
12.5
86
13.3
69
14.7
82
16.4
57
17.9
01
196
20.000
ORGANISATION
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Grundfos in brief
Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
Ownership
structure
Denmark, Poul Due Jensen’s
family
12.1%
Employees
3.1 %
Denmark, Poul Due Jensen’s
Foundations
84.8%
Grundfos New Business
Sales companiesin Baltic
States, Spain, Portugal and
Italy
Sales companies
Production
companies
Grundfos Finance
Grundfos InsuranceManagement AG
Other
brands
GrundfosHolding AG
Grundfos Management A/S (Grundfos Holding A/S)
Group structure
Carsten BjergGroup President
Carlo ProlaGroup ExecutiveVice President
Søren SørensenGroup ExecutiveVice President
Lars AagaardGroup ExecutiveVice President
Heine DalsgaardGroup ExecutiveVice President
GROUP MANAGEMENT
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Grundfos in brief
Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
Group structure
Lars KolindDirector
Niels Christian NielsenProfessor at Copenhagen Business School
Niels Due JensenGroup Chairman
Thomas LundManaging
Director
of Dansk Teknologi
Grundfos Management A/SThe Group Board
of Directors
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Grundfos in brief
Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
Ingelise
BogasonManaging
Directorof Alectia
A/S
The Business Excellence model
Management Policy and strategy
Processes
Employees
Partnershipand resources
Employeeresults
Customerresults
Results
Socialresults
Innovation and learning
Efforts Results
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Grundfos in brief
Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
Business Excellence
•
Business Excellence supports Grundfos’
basic values
•
Business Excellence has produced convincing results in the organisation
•
Grundfos A/S won the EFQM award in 2006
•
The objective is to have Business Excellence implemented at all levels of the organisation
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Grundfos in brief
Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
BUSINESS AREAS
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Grundfos in brief
Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
Current
product
range
New productsBack to content
Grundfos in brief
Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
Milestones
for design awards
1967 1985 1995 19961976 1978 1999 20022000 20042002
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One or
two-family
houses (DBS)
•
Installations in and around
one
or
two-family
houses:
–
Hot water
systems
–
Water supply
–
Wastewater
–
Air conditioning
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Grundfos in brief
Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
One or
two-family
houses (DBS)
•
Small circulator pumps (ALPHA2)
•
Recirculator
pumps (Comfort)
•
Small lifting stations (Sololift+)
•
Small submersible pumps (SQE)
•
Drainage pumps (Unilift
CC)
•
Booster pumps (MQ)
•
Small, compact household waterworks (MQ)
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Grundfos in brief
Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
Multi-family
houses and industrial
buildings
(CBS)
•
Installations in and around
large buildings:
–
Heating
–
Air conditioning
–
Wastewater
–
Pressure
boosting
–
Fire proofing
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Grundfos in brief
Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
Multi-family
houses and industrial
buildings
(CBS)
Typical products:
•
Circulator pumps (Magna)
•
End-suction pumps (NB/NK)
•
In-line pumps (TP)
•
Fire fighting systems
•
Booster systems (Hydro MPC)
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Grundfos in brief
Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
HVAC OEM
•
Supplier
to manufacturers
of heating, ventilation and cooling
systems, including
integrated
pump, hydraulic
components
or
complete
hydraulic
system:
–
Gas/oil
boilers
–
Solar heating
systems
–
Heat pumps
–
Sanitary
hot water
systems
–
Micro CHPs
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Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
HVAC OEM
Typical products:
Customised
projects and standard
products within:
•
Hydraulic systems:
Hydroblock
& IWC (Integrated Water Circuit)
•
Energy-saving pumps
•
Solar pumps
•
Distributor valves
•
Sensors
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Grundfos in brief
Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
Water industry
Installations in connection
with:
•
Service systems:
–
Disinfection
–
Water treatment
–
drinking
water
–
Water treatment
–
process
water
–
Dosing
–
Cooling
–
Heating
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Grundfos in brief
Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
Water industry
•
Disinfection
(Selcoperm,
Oxiperm, Vaccuperm)
•
Pressure
boosting
(BME, BMET)
•
Wastewater
(SEV/SE1)
•
Dosing
(DME, DMS)
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Grundfos in brief
Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
Process
industry
Installations in connection
with:
•
Full-line supplier for the end-user market:
–
Food and beverages
–
Pharmaceutical products
–
Biofuel
–
Sanitation
–
Dosing
•
Service systems:
–
Water treatment
–
Boilers
–
Cooling
–
Wastewater
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Grundfos in brief
Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
Process
industry
•
Sanitary
pumps (Euro-Hygia, NOVAlobe)
•
Digital dosing
(DME/DMS)
•
End-suction
pumps (NB/NK)
•
In-line
multistage pumps (CR)
•
Wastewater
(SEV)
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Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
General industry
Installations in connection
with:
•
Full-line supplier for the end-user market:
–
Marine industry
–
Electronics
•
Service systems:
–
Cooling and temperature control
–
Cleaning and washing equipment
–
Industrial boiler feed systems
–
Motors for ventilators
–
Transport systems
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Grundfos in brief
Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
General industry
•
In-line
pumps (CR, TP)
•
End-suction
pumps (NB/NK, CM)
•
Container pumps (MT)
•
High-pressure
systems (CRN, BM/BME)
•
Dosing
pumps (DME, DMX)
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Grundfos in brief
Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
Machining
industry
Installations in connection
with:
•
Full-line supplier for the end-user market:
–
Automotive industry
•
Service systems:
–
Tank and filter systems
–
Part washer and cooling equipment for the machining industry
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Grundfos in brief
Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
Machining
industry
•
End-suction pumps (NB/NK, CM)
•
End-suction pumps (MTE/MTB)
•
In-line pumps (CR)
•
Horizontal multistage (CM)
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Grundfos in brief
Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
Water treatment
(WS)
Installations and applications:
•
Waterworks
•
Agriculture
•
Sprinkling and irrigation
•
Mining
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Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
Water treatment
(WS)
•
Submersible pumps (SP, SQ, SQE)
•
Booster system (Hydro MPC)
•
Water supply system based on renewable energy (SQFlex)
•
Electronic motor protection (MP 204)
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Basic
values
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Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
Water utility
•
Installations in and around
sewage
treatment
plants
•
Installations in connection
with
pump stations
•
Installations for wastewater
from industry
and construction
sites.
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Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
Water utility
•
Products for sewage water (S/SA, SEN, SE1/SEV, SEG, SRP, AFG, AMG/AMD)
•
Products for draining (DP, pump stations, controls LC/LCD, Modular Controls, DW)
•
Wastewater pumps (EF)
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Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
New Business
•
Corporate
Venture•
Business incubator•
Invests in potentially
new business areas
•
Strategic
focus
areas–
Primary:
Clean
water
to the world–
Secondary:
”Cleantech”
in general
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values
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Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
New business
•
Sensor –
compact
sensors for aggressiv fluids •
BioBooster
–
industrialised
systems for wastewater
treatment•
NoNox
–
NOx-reduction
for diesel engines•
Microrefinery
–
sustainable
solution for removal
of sludge•
Infarm
–
Cleantech
solutions for industrial
animal
production•
Lifelink
–
clean
water
for the poor
world
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values
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Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
SALES AND SERVICE
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Basic
values
Grundfos' history
Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
Sales and service
•
We
focus
on
the customer’s
needs
•
Well-trained
employees
–
competent
advisory
service
•
Local
staffing
–
close
to the customer
–
optimal service
•
Service teams –
fast and efficient
assistance
Sales and service
•
Electronic catalogues
at www.grundfos.com
•
Pump school
–
customers
are
offered
training
according
to needs
•
Customer
satisfaction
surveys
–
continuous
development
of the service function
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figures
Organisation
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Supply
chain
The future
SUPPLY CHAIN
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values
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Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
Supply
Chain
Being
a globally
responsible
companyGrundfos focus
on:
•
Sustainable
and ethical
behaviour
at all levels
•
Global availability
•
Involvement
of business partners
•
Optimisation
of the entire
value
chain
•
Quality
assurance as a key
word
•
Flexibility
•
Partnership
agreements
THE FUTURE
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figures
Organisation
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Supply
chain
The future
The future
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values
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Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
The future
3.
Rethink decentralized Water treatmentMeet the growing need for environmental care with local solutions
1.
Be there for future homes and living in ChinaDifferentiated solutions for domestic buildings in China
2.
Exploit Zero-Energy Commercial buildings in USAFind our market place and support Zero-impact commercial buildings
THANK YOU FOR YOUR ATTENTION
KEY FIGURES, STRUCTURE AND GRUNDFOS A/S
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Key
figures
Organisation
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Sales and service
Supply
chain
The future
Key
figures
Key
figures
Net turnover% of annual growth rate
15.000
10.000
5.000
02004 2005 2006 2007
12.1
53
13.4
22
15.3
76
1.200
900
600
300
02004 2005 2006 2007
1.23
2
1.25
4
1.47
9
9,0
10,4
14,6
10,1
9,3 9,
6
2008
16.8
149,
4
Profit before tax% of annual net turnover
2008
1.37
28,
2
DKK million DKK million
13,1
19.0
19
959
5,0
20.000 1.500
Key
figures
Net turnover% of annual growth rate
2.500
2.000
500
02005 2006 2007 2008
150
100
50
06 months
2009
Profit before tax% of annual net turnover
EUR million EUR million
1.500
1.000
13,1
200
2005 2006 2007 2008 6 months
2009
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Basic
values
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Certificates
Key
figures
Organisation
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Sales and service
Supply
chain
The future
Key
figures
1,80
1
2,06
3
168
198
10.4
14.6 9.
3
9.6
2,25
79.
4
184
8.2
2,55
013
.1
129
5.0
1,09
9
121.
1
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Key
figures
543
Equity and minority interestsReturn on equity
Research and development costs % of net turnover
DKK million DKK million
8.000
6.000
4.000
2.000
02004 2005 2006 2007
5.88
5
6.85
0
7.93
5
800
600
400
200
02004 2005 2006 2007
590
680
14,2
12,7
12,5
4,5
4,4
4,4
2008
8.49
210
,5
2008
4,8
801
8.80
46,
6
5,2
995
10.000 1.000
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Grundfos' history
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Organisation
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Supply
chain
The future
Key
figures
Key
figures
Capital investments, tangible Number of employees
DKK million Number
1.200
900
600
300
02004 2005 2006 2007
1.00
0
1.00
9
1.11
9
15.000
10.000
5.000
02004 2005 2006 2007
12.5
86
13.3
69
14.7
82
2008
1.45
9
2008
16.4
57
1.46
4
17.9
01
1.500 20.000
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Basic
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Grundfos' history
Certificates
Key
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Organisation
Business areas
Sales and service
Supply
chain
The future
Key
figures
Group structure
Carsten BjergGroup President
Carlo ProlaGroup ExecutiveVice President
Søren SørensenGroup ExecutiveVice President
Lars AagaardGroup ExecutiveVice President
Heine DalsgaardGroup ExecutiveVice President
•
WEREG•
CEREG•
NAMREG•
APREG•
Group Sales & Marketing–
Corporate Branding–
Group Service–
Online sales & marketing
–
Global Key Account Management
–
Sales & Marketing processes
•
Star region•
Separation Brands•
Project sales
•
Global D & E•
Global R & T•
New Business•
Building Services•
Industry•
Water Utility•
HVAC OEM•
China•
People & Strategy•
Corporate Communication
•
Corporate Manufacturing
•
Group Purchase•
Group Logistics•
Group Quality & NPI•
Corporate Social Responsibility
•
Group Properties•
Group Environment
•
Corp. Finance•
Grundfos Finance A/S•
Information Services•
Legal Department
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Grundfos in brief
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Certificates
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Organisation
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Sales and service
Supply
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The future
Key
figures
Group Structure
–
Business Units
•
Global D & E
•
Building Service
•
Industry
•
Utilities & Municipalities
•
HVAC OEM
•
New Business
Sales regions
WEREG•
GB (Sales Great Britain)•
GDK (Sales Denmark)•
GSV (Sales Sweden)•
GNL (Sales the Netherlands)
•
GIT (Sales Italy)•
BGE (Sales Spain)•
GPI (Sales Ireland)•
GNO (Sales Norway)•
GSF (Sales Finland)•
GBL (Sales Belgium)•
GFD (Sales France)•
BGP (Salse
Portugal)•
GPH (Sales Greece)
CEREG•
GWS (Sales Germany)•
GMO (Sales Russia)•
GHU (Sales Hungary)•
GUA (Sales Ukraine)•
GKA (Sales Kazakhstan)•
GLA (Sales Latvia)•
GPO (Sales Austria)•
GPS (Sales Schwitzerland)•
GCZ (Sales the Czech
Republic)
•
GPL (Sales Poland)•
GRO (Sales Romania)•
GLI (Sales Lithuania)•
GST (Sales Estonia)
NAMREG•
GPU (Sales USA)•
GCB (USA other
brands)•
GCA (Sales Canada)•
PPU (USA other
brands)•
GMX (Sales Mexico)
APREG•
GSI (Sales Singapore)•
GPM (Sales Malaysia)•
GTH (Sales Thailand)•
GTS (Sales Taiwan)•
GPA (Sales Australia)•
GJK (Sales Japan)•
GAS (Sales Indonesia)•
GPP (Sales Philippines)•
GPK (Sales Korea)•
GNZ (Sales New Zealand)
STAR•
GBR (Sales Brazil)•
GGD (Sales the United Arab
Emirates)
•
GIN (Sales India)•
BGA (Sales Argentina)
•
GZA (Sales South Africa)
•
GTR (Sales Turkey)
CHINA•
GSH (Sales China)•
GWC (China other
brands)•
GHK (Sales Hong
Kong)•
GPC (China production)
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Grundfos in brief
Basic
values
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Certificates
Key
figures
Organisation
Business areas
Sales and service
Supply
chain
The future
Key
figures
Grundfos A/S structure
Board
of management
Jette T. PetersenHR Director
Jacob DirksTechnical
ManagerNiels Møller JensenManaging
Director
of Grundfos A/S
Torben ØmarkFinance
Director
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Grundfos in brief
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Organisation
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Key
figures
Grundfos A/S struktur
Grundfos A/S
Board
of Directors
Lars AagaardChairman
Ulla BoeskovElected
bythe employees
John Bennett-
TherkildsenManagingDirector
Niels Christian NielsenProfessorCopenhagen Business School
Jørgen M. MikkelsenElected
bythe employees
Lisbet Thyge
FrandsenDirector