Herrenknecht AG - Company Profile
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Herrenknecht AG (Herrenknecht) is a manufacturer of mechanized tunneling systems. It designs, produces and distributes tunneling and logistics equipment, tunnel lining, navigation and monitoring systems. The company's portfolio of products includes earth pressure balance shield, mix-shield, single-shield tunnel boring machines, double shield TBMs, gripper TBMs, partial-face excavation machine, auger boring machine, horizontal directional drilling rig, direct pipe and vertical shaft sinking machine. The company offers its product and services to railway, metro, road, utility, pipelines, hydropower, mining and exploration projects. The company through its subsidiary has presence across Africa and the Middle East, Asia, Australia and Oceania, Central America, Europe, and North and South America. Herrenknecht is headquartered in Schwanau, Baden-Wuerttemberg, Germany.
Headquarters
Germany
Address
Schlehenweg 2, Schwanau, Baden-Wurttemberg, 77963
Website
www.herrenknecht.com
Telephone
49 78 243020
No of Employees
5,033
Industry
Industrial Goods and Machinery
Revenue (2023)
$1.3B
Herrenknecht AG premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| - | - | - |
| Tunneling: | Project Consulting | Direct Pipe |
| EPB Shield TBMs | Installation Services | Combisegments |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2020 | Contracts/Agreements | In July, the company’s boring machine has dug 7.5 kilometers of highway tunnel through the Apennines in Italy. |
| 2018 | New Products/Services | In January, the company opened a new power plant in Ghana and named it as Kpone Independent Power Plant. |
| 2018 | New Products/Services | In January, the company constructed road tunnels at the Suez Canal. |
Competitor Comparison
| Key Parameters | Herrenknecht AG | Atlas Copco AB | DYWIDAG-Systems International | SMT Scharf AG | AGD Equipment Ltd |
|---|---|---|---|---|---|
| Headquarters | Germany | Sweden | Germany | Germany | United Kingdom |
| City | Schwanau | Nacka | Koenigsbrunn | Hamm | Stratford-upon-Avon |
| State/Province | Baden-Wurttemberg | Stockholm | Bayern | Hamburg | Warwickshire |
| No. of Employees | 5,033 | 52,778 | 308 | 415 | 99 |
| Entity Type | Private | Public | Private | Public | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Martin Herrenknecht | Chief Executive Officer | Senior Management | - | - |
| Michael Sprang | Chief Financial Officer | Senior Management | - | - |
| Ulrich Schaffhauser | Member | Senior Management | - | - |
| Martin-Devid Herrenknecht | Member | Senior Management | 2022 | - |
| Bertram Kandziora | Chairman | Non Executive Board | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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