Energy & Power

WEG

Company Profile Analysis

WEG - Energy & Power showcase

Year Founded & Workforce

1960-12-31

31,000 Employees

Industry

Energy & Power

Services

W

WEG Overview

Company Headquarters: Brazil

Founded: 1961

Workforce: ~31000

Company Working: WEG is a global electric-electronic equipment company that operates mainly in the capital goods sector. It offers solutions for electric machines with applications in construction, steel, pulp & paper, oil & gas, and mining industries. The company operates through four business segments, which are industrial electro-electronic equipment, energy generation, motors for domestic use, and paints and varnishes. It offers synchronous condensers under its energy generation segment. Some of the other products and services offered under the energy generation segment are electric generators for hydraulic and thermal power plants (biomass), hydro turbines, wind turbines, transformers, substations, control panels, and system integration services.

WEG Electric Corp., Electric Machinery Company Inc., Zest Electric Motors (Pty) Ltd., WEG Colombia SAS, and WEG Tintas Ltd are some of the subsidiaries of the company. Siemens (Germany), Eaton (Ireland), ABB (Switzerland), and General Electric (US) are some of its key competitors.

WEG has a presence in more than 135 countries with manufacturing units in 12 countries around the world.

Company Snapshot

$3,321M

Revenue

31,000

Employees

1960-12-31

Founded

Brazil

Headquarters

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About the Author

Wantstats Research Team

Wantstats' research desk profiles WEG as part of our ongoing coverage of the Energy & Power sector, drawing on public company data, filings, and market intelligence.

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Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

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