Demag Cranes & Components

Demag Cranes is one of the world’s leading providers of industrial cranes, crane components, harbour cranes and port automation technology. Services, in particular maintenance and refurbishment services, are another key ......Demag Cranes is one of the world’s leading providers of industrial cranes, crane components, harbour cranes and port automation technology. Services, in particular maintenance and refurbishment services, are another key element of its business activities. The activities of Demag Cranes are divided up into three segments: Industrial Cranes, Port Technology and Services. In Demag and Gottwald, the Group has strong brands and believes that it is a global market leader by virtue of its innovation and technology leadership, its excellent product and service quality and its close and long-term customer relationships. Demag Cranes manufactures in 16 countries on five continents and through subsidiaries, agencies and a joint venture operates one of the most comprehensive worldwide sales and service networks in the industry. The Group is represented in more than 60 countries and reaches customers in more than 100 countries. In financial year 2007/2008, the Group generated total revenue of EUR 1.23 billion and adjusted earnings before interest and tax (EBIT) of EUR 137.5 million with 6,093 employees (as at 30 September 2008). From 01.10.07 to 30.09.08, 20.7 percent of revenue was generated in Germany, 37.5 percent in Europe excluding Germany and Russia, 13.8 percent in North, Central and South America, 10.5 percent in Asia, 11.1 percent in the so-called BRIC countries and 6.4 percent in other countries.