MAN Diesel & Turbo Overview
MAN Diesel & Turbo was established in the year 2010 with headquarters in Augsburg, Germany. The company is a merger formed between Man Diesel and MAN Turbo. MAN Diesel & Turbo produces large-bore diesel engines and turbo-machinery for marine and stationary application. MAN Diesel & Turbo has operational presence, majorly in Germany, Denmark, France, Switzerland, the Czech Republic, India and China. The company has about 14,500 full-time employees at more than 100 international operational sites.
MAN Diesel & Turbo’s power plants business received orders for 118 four-stroke engines in 2016 compared with 91 in the prior year. The supplied products range from an engine-generator unit to comprehensive power plant solutions including ancillary systems and fuel preparation. Orders were largely generated in developing countries and emerging economies, particularly in Arabic-speaking countries and Asia. For example, Turkish energy company Karpowership ordered twelve engines with a collective output of 227 MW for its floating power plants.
The company operates in business segments such as two-stroke and four-stroke engines. The company also manufactures products like turbochargers, propellers, gas engines and chemical reactors. MAN Diesel & Turbo is a subsidiary of the German multi-national MAN SE Corporation
Strategy
The company sees its key strategy in prioritizing the product line, by increasing product diversification, high end development, and internationalization. MAN Diesel & Turbo focuses on strengthening its domestic and international competiveness, thereby expanding revenue sources. To be a competitive player in the power plant industry, the company is putting in substantial capital investments in turbo-machinery, power engines & turbines, combined cycle power plants & power barges and qualitative research methodology to adapt to new upcoming technologies and advancements. They are also determined on expanding their operational presence into other regions of the world through coordinative development in both domestic and international markets.
