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RENK AG

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RENK AG - Energy & Power showcase

Year Founded & Workforce

1873

3,734 Employees

Industry

Energy & Power

Services

AeroGear WPPO-3.6M i40 (Onshore)AeroGear WPPO-8M i40 (Offshore)
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RENK AG Overview

Company Name

RENK (subsidiary of MAN SE)

Website

https://www.renk-ag.com

Company Type

Public

Contact Information

ADDRESS: Gögginger Strasse 73, Augsburg, 86159, Germany

PHONE: +49 821 5700-0

FAX: +49 821 5700-460

Year of Inception

1873

Headquarters

Augsburg, Germany

Company Overview

Renk AG gs to the one of world leaders in developing, manufacturing, and distribution drive technology components and test systems. It operates through four business segments including special gear units, vehicle transmissions, standard gear units, and slide bearings. It offers automatic shift, reverse, and steering transmissions with brake systems and final drives in the automotive industry, aviation industry, and railway engineering. The company also provides horizontal and vertical slide bearings for electrical machinery, blowers, compressors, pumps, turbines, and general mechanical engineering applications. In addition, it provides gear units for cement plants, plastics industry, and offshore & onshore wind turbine. Renk’s Wind turbine gearboxes are characterized by low noise and high efficiency and guarantee highest operational safety.

Key Regions of Sales

Europe, Asia-Pacific

Company Snapshot

$529.9M

Revenue

3,734

Employees

1873

Founded

Key Developments

DateApproachDevelopment
October 2018Product DevelopmentRenk introduced EQ-Gear gearbox and the EQ-Flex couplings for low and medium-speed configurations in coaxial design as well as high-speed drive train. This development helped the company offer better products for use in wind turbines for power generation
December 2017Mergers and AcquisitionRenk acquired Damen Schelde Gears B.V. (Netherlands), a gear manufacturing company. This acquisition helped the company increase its market presence in the Netherlands

Product Offering

  • RENK AG
    • AeroGear WPPO-3.6M i40 (Onshore)
    • AeroGear WPPO-8M i40 (Offshore)

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Net Sales rose from USD 529.9 Mn in 2015 to USD 575 Mn in 2018.
RENK AG — By Business Segment
Series (USD Mn)2015201620172018
Net Sales529.9522.7563575

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