WEG

World Rank (Jul-30-2023)
521
Market Cap (Jul-30-2023)
35.77 Billion USD
World Rank (Dec-25-2022)
538
Market Cap (Dec-25-2022)
31.28 Billion USD
World Rank (Jan-07-2022)
960
Market Cap (Jan-07-2022)
21.892 Billion USD
World Rank (Jan-01-2021)
592
Market Cap (Jan-01-2021)
30.588 Billion USD
Annual Revenue in USD
6,322 Million USD
Annual Net Income in USD
890 Million USD
Total Assets in USD
5,948 Million USD
Total Liabilities in USD
2,724 Million USD
Annual Results for Year ending in
Dec-2022 month
Headquarters Country
Brazil
Headquarters Sub Region
South America
Headquarters Continent
Americas
Company Business
Industries
Electrical Products
Engines Manufacturing
Engineering Products
Engineering Services
Stock Exchange
Bovespa Brazil
Rank in Country (Jan-2021)
Company Rank in Brazil in 2021 is 7
Rank in Country (Jan-2020)
Rank in Brazil in 2020 is 14
Number of Employees
31,497
Employee Count as on Date
As on 2022
Chairman
Decio da Silva
CEO:
Harry Schmelzer Jr.
Yahoo @ Brazil
Wikipedia
Company Website:
WEG
About Company Business:

WEG company is about the global solutions for electric motors, variable frequency drives, soft starters, controls, panel, transformer and generators. It is certified by the ISO. It manufactures the electric motor, industrial automation and control generators, transformers, switch gear, drive and coating Engineering, primer, paints, varnish. In 2008 a new factory is launched in India. The headquarters is in Brazil.

The company annual revenue is 29,904 million USD and 31,497 employees as on 2022.

Founded Year
1961
Annual Results Summary:

WEG - Yearly Revenue and Net Income - in Million BRL:

Year - Ending Revenue Operating Income Net Income
Dec-2022 29,904 5,127 4,208
Dec-2021 23,563 4,228 3,585
Dec-2020 17,469 2,869 2,340
Balance Sheet Summary

Total Assets as on Dec-2022 was 28,134 Million BRL.

Total Liabilities as on Dec-2022 was 12,886 Million BRL.

Total Equity as on Dec-2022 was 15,248 Million BRL.

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