Company Profile

ZF is a leading worldwide automotive supplier for Driveline and Chassis Technology with 117 production companies in 26 countries. The ZF Group employs a workforce of about 70,000 employees, with approx. 30,000 employees working abroad. ZF generated a revenue of 12.9 billion euros in 2010 and is one of the ten major automotive suppliers worldwide.

The company was founded in 1915 for the development and production of transmissions for airships and vehicles. Today, the group's product range comprises transmissions and steering systems as well as chassis components and complete axle systems and modules. As stockholders, the Zeppelin Foundation - which is administered by the City of Friedrichshafen - holds 93.8 percent and the Dr. Jürgen and Irmgard Ulderup Foundation Lemförde holds 6.2 percent of shares.

The ZF Group invests more than 5 percent of total revenue in research and development every year. R & D investment in 2011 will amount to approx. 740 million euros. With an investment program for 2011 amounting to about 900 million euros, the ZF Group is taking long strides.

Key figures

Revenue: 12.9 billion € (2010)

Workforce: Approx. 70,000

Investment: Approx. 900 million € (2011)

R & D expenses (2011): Approx. 740 million €