SGB-SMIT Group Overview
Company Headquarters: Regensburg, Germany
Founded: 1913
Workforce: 2,900
Company Overview: SGB-SMIT Group is a power company with its business in transmission and distribution of power. The company is the manufacturer of transformers of various types to suit different industries. It offers a wide range of products including, large power transformers, medium power transformers, oil distribution transformers, cast resin transformers, compact-substations, and special transformers. It company offers its transformers for five major end-use sectors, which include power generation, power distribution, industry, railways, and infrastructure. The company also provides transformer services under SGB-SMIT group, under which the specialists carry out regular maintenance of the transformer, thus improving the operating life of the transformers. It has an experience of more than 100 years, with which it is one of the largest manufacturers of transformers in Europe.
SGB-SMIT Group has its manufacturing plants in Germany, the Netherlands, the US, Romania, Malaysia, India, China and the Czech Republic. The company has offices in three continents, namely North America, Europe, and Asia. Some of the subsidiaries of SGB-SMIT Group are Starkstrom-Gerätebau GmbH, (Germany), Sächsisch-Bayerische Starkstrom-Gerätebau GmbH, (Germany), SGB MY Sdn. Bhd. (Malaysia), Royal SMIT Transformers B.V., (the Netherlands), SGB-USA Inc., (U.S.), OTC Services, (U.S.).
Strategy
SGB-SMIT Group sees strategy in building better relations with its customers. The company designs various sizes of transformers with the aid of its cutting-edge production methods. The SGB-SMIT Group is capable of manufacturing high-quality transformers for meeting the specifications of its customers. The growth strategy of the company includes investment, innovation, and developments of the product offerings and services. In the last few years, the company has invested heavily in the factories, to optimize its operational processes. For an instance, in November 2017, the company opened a completely new production hall, which is designed to build shunt reactors. Besides, the company is focusing on constantly increasing the research and development initiatives the workforce. SGB aims to expand its workforce by 30% by the end of 2018.
