WIELAND ELECTRIC - HIDDEN SUPERSTAR AND WORLD MARKET LEADER
Award for Wieland Electric
World market leader - not every company claiming to be one has really earned the merits for this title. Recently, Prof. Christoph Müller has established a specific world market leader ranking for the renowned University of St. Gallen in cooperation with the weekly business news magazine Wirtschaftswoche and the Academy of German World Market Leaders. One of these leading companies is WIELAND ELECTRIC from Bamberg.
461 German world market leaders have been identified for 2018 and were published in Wirtschaftswoche in January. Companies have to fulfill four conditions to be accepted to the list of international champions: They have the highest or second highest market share in their segment. They have an annual turnover of more than € 50 million. At least half of it is generated abroad. And they are active on at least three continents.
WIELAND ELECTRIC from Bamberg fulfills all four criteria. The company with slightly more than 2000 employees and around € 270 million turnaround worldwide is seen as a pioneer of safe electrical connection technology and is leading the field of pluggable electrical installations for functional buildings.
Managing director Dr. Oliver Eitrich describes the formula for success of the Bamberg-based company: “WIELAND ELECTRIC is the pioneer of safe electrical installations and offers a broad product portfolio. But it doesn’t stop there. We are much more than only a product supplier – we support our customers with complete solutions. Planers, investors and installers have very specific demands and requirements. This is something we have understood and which is why we have come such a long way in the market. The recently awarded world market leader title makes us proud and motivates us to further develop our quality leadership for products and services.”