Societas Europaea | |
Traded as | : MAN |
Industry | Manufacturing, automotive industry, marine engineering |
Founded | 1758 |
Headquarters | Munich, Germany |
Number of locations
|
manufacturing facilities in the Ruhr area, Augsburg, and outside Germany |
Area served
|
Worldwide |
Key people
|
Georg Pachta-Reyhofen (CEO) |
Products | Commercial Vehicles, diesel and other engines, turbomachinery |
Revenue | €14.68 billion (2010) |
€1.283 billion (2010) | |
Profit | €713 million (2010) |
Total assets | €17.43 billion (end 2010) |
Total equity | €5.990 billion (end 2010) |
Owner | Volkswagen Group (75.7%) |
Number of employees
|
53,500 (end 2013) |
Subsidiaries |
MAN Truck & Bus MAN Diesel & Turbo MAN Latin America Neoplan Renk (76%) ÖAF |
Website | www |
MAN SE (pronounced [ɛmʔaːʔˈɛnʔɛsˈʔeː], abbreviation of Maschinenfabrik Augsburg-Nürnberg, pronounced [maˈʃiːnənfaˈbʁiːk ˈʔaʊ̯ksbʊʁk ˈnʏʁnbɛʁk] or [-faˈbʁɪk-]), formerly MAN AG (pronounced [ˈman ʔaːˈgeː]), is a German mechanical engineering company and parent company of the MAN Group. MAN SE is based in Munich. Its primary output is for the automotive industry, particularly heavy trucks. Further activities include the production of diesel engines for various applications, like marine propulsion, and also turbomachinery.
MAN supplies trucks, buses, diesel engines and turbomachinery. Until September 2012 MAN SE was one of the top 30 companies listed on the German stock exchange (DAX). The company celebrated its 250th anniversary in 2008. In 2008, its 51,300 employees generated annual sales of around €15 billion in 120 different countries. The company operates through fully owned subsidiaries or joint ventures with local companies in India, Poland, Turkey, China, United States, United Arab Emirates, South Africa, Uzbekistan, Portugal and Germany/Austria.
The MAN Group currently operates its production output through three main subsidiaries, with each subsidiary's output destined for different locations.