Freudenberg Group reflects on CY23. With a commitment to sustainability and expansion, the company is confident of R&D and strategic initiatives fructifying, writes Richa Tyagi. Global technology conglomerate, the Freudenberg Group released the calendar year results for 2023 (CY23). Reflecting on the company’s 175-year journey in innovation and component manufacturing, the focus is on building on the achievements in India[Read More…]
Freudenberg Group, a global technology conglomerate, which commemorates its 175th anniversary year in 2024, today reported record growth in revenues and operating profits for the financial year 2023. Freudenberg achieved sales of €11,902.8 million, 1.3 % higher than the previous year’s figure of €11,753.1 million. The operating profit of €1,081.6 million showed a significant increase of about 15 percent, compared[Read More…]
With 90 per cent of its orderbook reserved for automotive, Freudenberg Filtration Technologies India is aligning with the demand. Manufacturing an estimated 7,00,000 filters from the Sanaswadi Village plant, in Pune, of which 90 per cent is allocated to the automotive segment, the company expects demand to rise by ~50 per cent (~11,00,000). To cater to this projected demand by[Read More…]
Fuel cell vehicles are just as dependent on air filters to function efficiently. Prateek Pardeshi looks at the Freudenberg MicronAir ® filter in a Hydrogen fuel cell stack deployed on a bus. Battery Electric Vehicles (BEVs) are getting stiff competition from Fuel Cell Hydrogen and Electric Vehicles. The technology is making remarkable progress, riding on efficiency and reliability. For an[Read More…]
