WEG logo — Driving efficiency and sustainability

WEG

Driving efficiency and sustainability

Founded 1961 Brazil Brazil 26910 employees

General Information

Company Name WEG
Founded Year 1961
Location Brazil Brazil +70
Employees 26910
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About WEG

Founded in 1961, WEG is a global electro-electronic equipment company, operating in the capital goods sector a with focus on electric motors, gearboxes and drives and controls, energy generation and transformers, electrification products and systems, automation and digitalization. WEG stands out in innovation by constantly developing solutions to meet the major trends in energy efficiency, renewable energy and electric mobility. With manufacturing units in 15 countries and present in more than 135 countries, the company has more than 47,000 employees worldwide. WEG’s net revenue reached R$ 38.0 billion in 2024, 57.0% from external markets.

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FAQ About WEG

Driving efficiency and sustainability
WEG was founded in 1961.
WEG is headquartered in Brazil.
WEG has approximately 26910 employees.
Top alternatives and competitors to WEG include Endesa, Ingeteam, Wallbox Chargers, TYCORUN, Eversource(formerly known as Yankee Gas). These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
WEG and Endesa are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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