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2012/01/26 ZF Takes Over Cabin Suspension Business from Thyssen Krupp Automotive Systems
Friedrichshafen/Werdohl. Today, ZF Friedrichshafen AG signed a purchasing contract with ThyssenKrupp Automotive Systems GmbH (TKAS) about its cabin suspension business unit. TKAS generates a sales figure of about EUR 15 million at its Werdohl location in North Rhine-Westphalia with currently 41 permanent employees. The economic transition of this business area is planned for the first quarter of 2012. ...more
News 2011
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2011/12/15 ZF Achieves New Record Sales in 2011
Friedrichshafen. ZF stays on the road to success and will presumably achieve a Group sales in 2011 of about EUR 15.5 billion a plus of 20 percent compared to 2010 and more than ever before. ZF Group employees worldwide currently number 72,100. As of the beginning of 2011, this is a plus of almost twelve percent, including the acquisition of Hansen and parts of Honsel. ...more
2011/12/14 Dr. Margarete Haase is Appointed Member of the ZF Supervisory Board
Friedrichshafen. There is a change at the capital side of the Supervisory Board of ZF Friedrichshafen AG: Barbara Kux, Member of the Managing Board of Siemens is replaced by Dr. Margarete Haase, Member of the Deutz Management Board. ...more
2011/11/23 ZF Group Awards its Best Suppliers
Friedrichshafen. The DHL Global Forwarding GmbH is the winner of the "ZF Global Supplier Award". With this prize, the ZF Friedrichshafen AG awards the best international partner of the company for the first time. The automotive supplier acknowledged the performance of five further suppliers to European plants in the categories Innovation, Production Material, and Non-Production Material. ...more
2011/11/16 ZF acquires all shares of Hansen Transmissions International
ZF Friedrichshafen AG today announced the completion of the compulsory acquisition of all remaining shares of Hansen Transmissions International and all outstanding rights under the Hansen warrant plans. ...more
2011/11/09 ZF Materials Management Receives Innovation Award
Berlin / Friedrichshafen. ZF is the winner of this year's AMMPL Innovation Award. Hereby, the Federal Association of Materials Management, Purchasing and Logistics (AMMPL) recognized the strategic farsightedness of the Group for the development of its suppliers and sensitizing of its employees for materials management topics. ...more
2011/11/09 ZF Receives Supplier Innovation Award of BMW Group
The BMW Group acknowledged the achievements of ZF Friedrichshafen AG on November 7, 2011, with the Supplier Innovation Award. This supplier award, presented for the very first time, recognizes the power of innovation of BMW suppliers and their relevance as success factors for the automobile manufacturer. ZF received the prize in the "Efficient Dynamics" category for the 8-speed automatic transmission which, in all BMW models, generates significant fuel savings. ...more
2011/10/25 ZF Starts Its Own "ZF SupplierAcademy"
ZF is enhancing its supplier development. From now on, the "ZF SupplierAcademy" offers suppliers of the international automotive supplier the opportunity to get to know important processes and standards of the ZF Group right from the start and to jointly coordinate processes. To this end, the "ZF SupplierAcademy" is working on a three-stage program which comprises motivation days, expert and method training courses right up to project-specific training. ...more
2011/10/06 ZF secures 96.3 percent shareholding in Hansen Transmissions International
Friedrichshafen, Germany. ZF Friedrichshafen AG today announced the result of its recommended cash offer for Hansen Transmissions International NV. Hansen shareholders representing a total of 96.3 percent of the existing issued share capital of Hansen have accepted the offer. ZF has declared the offer wholly unconditional. In accordance with the requirements of the UK Takeover Code, the offer will remain open for acceptances until 1.00 p.m. (London time) October 20, 2011. ...more
2011/09/29 ZF Opens First Plant for Wind Turbine Gearboxes in the USA
Gainesville, Georgia/USA. ZF Friedrichshafen AG has opened a plant for the production of wind turbine gearboxes in Gainesville near Atlanta, Georgia. As of 2012, the company supplies gearboxes of the two-megawatt performance class for the world market leader Vestas from the new location. ZF invested roundabout € 70 million in the new plant that – after production ramp-up – offers 250 jobs in total. ...more
2011/09/13 Further dynamic growth at ZF
Friedrichshafen/Frankfurt. Automotive supplier ZF Friedrichshafen AG continues to grow. In the first eight months of this year, the company achieved a sales increase of 23 percent in comparison to the same period of the previous year. CEO Hans-Georg Härter anticipates continued dynamic growth through the entire year, with total sales revenue reaching approximately €15 billion (previous year: €12.9 billion). ...more
2011/09/02 525 Apprentices Begin Their Professional Life at ZF
Even this year, ZF belongs to the major training companies: 525 young people begin their professional life at ZF all over Germany. The automotive supplier has altogether 1700 apprentices at 15 locations - 250 of them are students who complete their training at the Baden-Württemberg Cooperative State University (DH). They can choose from 30 different vocational trainings and DH courses of study. ...more
2011/08/10 ZF Group Makes Donations to Contribute to Emergency Aid for East Africa
At the moment, people in East Africa face one of the most severe famines of the past decades. About 11 million people in the affected regions of Somalia, Kenya, Djibouti, and Ethiopia depend on humanitarian aid. ZF participates in this aid, as well. The company supports the activities of "Help e.V. - Help for Self-help" and "arche noVa e.v. - Initiative for People in Need" with donations amounting to just under EUR 150,000. ...more
2011/08/01 Now Tangible: Realignment of ZF
Friedrichshafen. ZF Friedrichshafen AG has completed a decisive step in its strategic realignment: With effect from Monday, August 1, 2011, ZF's major German companies are merged into ZF Friedrichshafen AG. "The joint corporate name, ZF Friedrichshafen AG, makes the new alignment of the company clearly visible to third parties as well", says ZF's CEO Hans-Georg Härter. ...more
2011/07/27 ZF Holds Rank 8 in the Current Patent Statistics
In 2010, ZF Friedrichshafen AG again achieved a top value regarding the number of patent applications: With 629 new patent applications, ZF defends its excellent rank 8 of the patent statistics from 2009. In the current ranking of the German Patent and Trade Mark Office (GPTO), the supplier company is at eye level with automotive manufacturers such as Volkswagen, Audi, or BMW. ...more
2011/07/08 ZF Acquires Honsel Plant Nuremberg
Friedrichshafen/Nuremberg. ZF Friedrichshafen AG acquires the Nuremberg plant from the insolvent automotive supplier Honsel. The entire company had been taken over recently by the tender consortium Martinrea/Anchorage within the scope of the insolvency proceedings. Subject to approval by the cartel authorities, ZF now takes over the Nuremberg plant with around 750 employees and roughly 150 temporary workers from the two tenderers. ...more
2011/07/06 Dr. Stefan Sommer new ZF CEO
Friedrichshafen. Dr. Stefan Sommer will be the new CEO of ZF Friedrichshafen AG and will succeed Hans-Georg Härter at ZF's top level. This was decided unanimously by the automotive supplier's Supervisory Board today. Sommer has been part of ZF since 2008 and has been a member of the Board of Management responsible for the Supply Chain Management and Purchasing Domain since October 2010. At last, he was also head of the project regarding the Group's strategic restructuring. ...more
2011/07/06 Wilhelm Rehm Member of the Board of Management
Friedrichshafen/Passau. Dr. Michael Paul, who will retire at the end of 2011, will be succeeded by Wilhelm Rehm as Member of the Board of Management of ZF Friedrichshafen AG's Industrial Technology Division at the beginning of 2012. This is the decision of the automotive supplier's Supervisory Board. The 52-year old Mr. Rehm has been Chairman of the Board of Directors of ZF Passau GmbH since the middle of the year 2010. ...more
2011/07/04 Acquisition of Bauknecht Plant in Neunkirchen by ZF
Saarbrücken/Neunkirchen. At the beginning of the year 2012, ZF acquires the plant of Bauknecht Hausgeräte GmbH in Neunkirchen (Saarland). At this location, ZF will produce components for passenger car automatic transmissions, that are strongly demanded, and takes over about 240 Bauknecht employees. ...more
2011/04/21 ZF achieves record sales
ZF Friedrichshafen AG has closed fiscal year 2010 with record sales of €12.9 billion, while returning to considerable profitability (€680 million). The automotive supplier also anticipates significant sales and profit growth in the current year, and will hire approximately 5,000 new employees worldwide. ZF Group plans to invest massively in site expansions and new products. ...more
2011/04/21 Strong growth in 1st quarter 2011
ZF has begun 2011 with a 31% sales increase in the first quarter. Relative to the first three months of recovery year 2010, Group-wide sales rose considerably. ZF achieved its strongest growth in North America, where sales rose by 69%. This quarterly sales increase of 31% should not, however, be used as an indicator of overall growth in 2011. “In a number of plants we’re working very near capacity,” reported ZF CEO Hans-Georg Härter. ...more
2011/04/21 CEO Härter’s contract extended
The Supervisory Board of ZF Friedrichshafen AG has agreed in consultation with CEO Hans-Georg Härter to extend his current contract by one year. ...more
2011/04/21 ZF to build new main administrative complex with a public forum and academy at its headquarters in Friedrichshafen
Automotive industry supplier ZF is committed to its home city of Friedrichshafen and will be building a new administrative headquarters there. The complex will house an academy, a forum for public exhibitions and events, as well as room for Friedrichshafen’s “Wissenswerkstatt” (Knowledge Workshop). ZF will invest approximately €60 million in the development, and have it ready for occupancy on time for the Group’s 100th anniversary in 2015. ...more
2011/03/25 „ZF hilft“ donates for Japan
The nonprofit association "ZF hilft" donates EUR 100,000 for those suffering from the natural disaster in Japan. The recipient of the donation, the relief organization "Help", uses the money to buy emergency assistance and food packages. ...more
2011/02/22 ZF Builds Passenger Car Transmission Plant in North America
In Greenville, South Carolina, USA, ZF Friedrichshafen AG is setting up its first passenger car transmission plant in North America. As of 2013, on approximately 90,000 square meters ground, 8 and 9-speed automatic transmission will be US-manufactured for the North American market. The new building lives up to the powerful growth course of ZF in this region. ...more
2011/02/11 Jürgen Holeksa new Human Resources Executive VP
Jürgen Holeksa (45) will become the Human Resources Executive VP of ZF Friedrichshafen AG. This was decided today (Friday) by the company’s Supervisory Board. Born in Germany’s Lower Rhine region, Holeksa is currently Director of Human Resources at the Behr-Gruppe in Stuttgart and takes over the duties that have been provisionally performed by Dr. Konstantin Sauer, Executive VP Finance. ...more
2011/01/11 ZF Aspires to Intensify Growth in North America
ZF realized a sales growth of more than 50 percent in North America last year. 2011 is expected to see continued growth. The 8-speed automatic transmission supply and license agreement with Chrysler will significantly assist this growth. For this purpose, ZF is building a new transmission plant in Greenville/South Carolina, the first ZF plant to make car transmissions in the USA. ...more
