Danfoss is a global leader in engineering solutions, specializing in energy-efficient technologies that empower smart communities and industries. Founded in 1933 by Mads Clausen in Nordborg, Denmark, Danfoss has grown from a solo enterprise into a significant multinational corporation.

Key Details:

• Headquarters: Nordborg, Denmark
• Founded: 1933
• Revenue: €10.7 billion (2023)
• Net Income: €819 million (2023)
• Employees: Over 40,000
• Global Presence: Operating in over 100 countries with 95 manufacturing facilities and 23 R&D centers.

Business Segments:

1. Climate Solutions: Focuses on heating, cooling, and refrigeration systems to enhance energy efficiency in buildings and industrial applications.
2. Drives: Provides solutions for variable speed control of electric motors, enhancing energy efficiency and performance in various applications.
3. Power Solutions: Offers hydraulic and electronic systems for mobile and industrial equipment.
4. Sensing Solutions: Develops sensors and controls for applications in various industries.
5. Silicon Power: Specializes in power modules for the energy sector.

Sustainability:

Danfoss emphasizes sustainability, combining digitalization, innovation, and energy efficiency to create sustainable solutions. They are actively working on sustainable development goals and have substantial investments in innovation and digitalization.

Leadership:

• CEO: Kim Fausing
• CFO: Jesper V. Christensen
• Key Executives: Eric Alström (President, Danfoss Power Solutions), Jürgen Fischer (President, Danfoss Climate Solutions).

Innovations and Facilities:

Danfoss operates global Application Development Centers (ADCs) to collaborate with customers and partners in live testing environments, driving advancements in their technologies.

Competitors:

Danfoss faces competition from companies like ABB, Emerson, Bosch Rexroth, Alfa Laval, and Parker Hannifin, among others.

Official website: https://www.danfoss.com/en-us/about-danfoss/company/