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 AVN machines; mix-shield; HDD Ring; direct pipe; boring machines; partial-face excavation machines; shaft boring cutter-heads; shaft boring roadheader; vertical shaft sinking machines; shaft drilling jumbo; mine lining vehicles; reef boring machines; raise boring rig; deep drilling rigs; and SDD Rigs. Herrenknecht offers additional equipment such as navigation and monitoring systems; tunnel lining equipment; and tunnel and logistics equipment. The company offers its products and services to railway, metro, road, utility, pipelines, hydropower, mining, and exploration projects. Through its subsidiary, it has a presence in Africa, the Middle East, Asia, Europe, and the Americas. Herrenknecht is headquartered in Schwanau, Baden-Wuerttemberg, Germany.
Headquarters
Germany
Address
Schlehenweg 2, Schwanau, Baden-Wurttemberg, 77963
Website
www.herrenknecht.com
Telephone
49 782 43020
No of Employees
5,490
Industry
Industrial Goods and Machinery
Revenue (2024)
$1.4B
Herrenknecht AG premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Tunneling: | Project Consulting | Direct Pipe |
| AVN Machine | Installation Services | Combisegments |
| EPB Shield | Spare and Wear Parts | VMT |
| 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 |
|---|---|---|
| 2026 | Commercial Operation | In February, the company started its commercial operation under the Panama Canal, relying on high-tech Tunnel Boring Machine (TBM), made in Schwanau. |
| 2025 | Corporate Changes/Expansions | In August, the company completed its drive for the new railway line between Rishikesh and Karnaprayag in the Indian Himalayas. |
| 2025 | New Products/Services | In May, the company constructed Brenner Base Tunnel on the Italian side. |
Competitor Comparison
| Key Parameters | Herrenknecht AG | Atlas Copco AB | SMT Scharf AG | AGD Equipment Ltd | Casagrande SpA |
|---|---|---|---|---|---|
| Headquarters | Germany | Sweden | Germany | United Kingdom | Italy |
| City | Schwanau | Nacka | Hamm | Stratford-upon-Avon | Fontanafredda |
| State/Province | Baden-Wurttemberg | Stockholm | Hamburg | Warwickshire | Friuli-Venezia Giulia |
| No. of Employees | 5,490 | 56,413 | 541 | 99 | - |
| Entity Type | Private | Public | Public | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Martin Herrenknecht | Chief Executive Officer | Senior Management | - | 84 |
| Michael Sprang | Deputy Chief Executive Officer; Chief Financial Officer | Senior Management | - | 48 |
| Martin Devid Herrenknecht | Head - Mining Division; Head - Production, Procurement and Logistics Departments | Senior Management | 2022 | 40 |
| Ulrich Schaffhauser | Head - Area Exploration; Head - Utility Tunnelling | Senior Management | - | 62 |
| Bertram Kandziora | Chairman | Non Executive Board | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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