- Published: 21 April 2017 21 April 2017
Bachmann Electronic has reported a turnover of € 68.3 million in 2016 and sales during the past business year was particularly well in Europe and India. The products are sold mainly to customers in the mechanical engineering and energy industries.
20 per cent of the turnover made by the company has been reinvested in in-house research. The greatest demand has been for modular control units for grid measurement and protection which meet the increasing demands from grid operators with regard to the stability of the power grids.. They are used in the coupling of power generation plants to the grid or to connect them up to smart grids. The total number of employees worldwide grew with 5 per cent to 459 in 2016.