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Nord Drivesystems exceeds 1 billion euros in sales for the first time

Nord Drivesystems exceeds 1 billion euros in sales for the first time

December 23, 2022 10:53 am

NORD sees the positive sales result above all as a confirmation by its customers. It sees this above all as proof of the great satisfaction of its customers.

NORD DRIVESYSTEMS one the leading technology developer and producer will cross the sales of 1 billion euros for the first time. The company sees this as confirmation from its customers.

Gernot Zarp, Managing Director Sales, Nord Drivesystems, says, “This shows how well our drive solutions meet the requirements of the various industries and how much NORD is valued by its customers as a reliable and competent partner.”

The company develops and manufactures drive systems consisting of gear units, motors, and drive electronics for more than 100 industries. Providing customized solutions for a wide range of requirements is just as important to the drive specialist as increasing the energy efficiency of its systems and reducing the total cost of ownership (TCO) for its customers. An example of this is an innovation such as the IE5+ permanent magnet synchronous motor. This new motor currently exceeds the highest defined efficiency class for motors. It is also in high demand due to the currently very high energy costs.

“We also see the sales development as a recognition of the well-known NORD product quality,” says Zarp. Thanks to the high manufacturing depth, the company produces most of its components itself in its own production facilities with its highly qualified employees all over the world. “We take this positive event as an incentive for further optimisation, in the interests of our customers,” he emphasised.

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