The Groz-Beckert company, founded in 1852, is still family-owned. With around 7,700 employees, Groz-Beckert generates annual sales of €665 million and is active in more than 150 countries with agencies, production plants and distribution subsidiaries.
According to provisional figures, group sales increased by €37 million (around 5.9%) to €665 million in 2016.
Number of employees decreased slightly
As of December 31, 2016, Groz-Beckert employed a total of 7,693 people, a decrease of 114 compared to the previous year. The decline is mainly due to adjustments in production capacities.
As of December 31, 2016, Groz-Beckert employed around 4,530 people in Europe, thereof 2,010 at the head office in Albstadt. In Asia, approximately 3,030 people were employed and 120 in North America.