Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward
Hitachi Energy Ltd (Hitachi), formerly ABB Management Holding Ltd, a subsidiary of Hitachi Ltd, develops advanced automation systems, power and digital technologies. The company offers products such as cable accessories, capacitors and filters, communication networks, cooling systems, cybersecurity, disconnectors, digitalization, energy portfolio management, and energy storage products. It also provides generator circuit-breakers, grid edge solutions, instrument transformers, semiconductors, and transformers among others. Hitachi services include asset management, installation, maintenance, optimization, training, troubleshooting, upgrade and recycling services. The company serves energy, mobility, information technology, industry and infrastructure sectors. Hitachi is headquartered in Zurich, Switzerland.
Headquarters
Switzerland
Address
Brown-Boveri Strasse 5, Zurich, 8050
Website
www.hitachienergy.com
Telephone
41 43 5500452
No of Employees
50,000
Industry
Power
Revenue (2025)
$16.0B
Hitachi Energy Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Cable Accessories | Software: |
| Capacitors and Filters | Asset and Work Management |
| Communication Networks | Energy Portfolio Management |
| 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 | Contracts/Agreements | In June, the company entered into an agreement to acquire Canduct Group. |
| 2026 | Contracts/Agreements | In June, the company secured a EUR770 million contract from Terna and STEG to construct the converter stations for the Elmed project. |
| 2025 | Acquisitions/Mergers/Takeovers | In October, the company acquired a minority stake in Shermco, in partnership with Blackstone Energy Transition Partners. |
Competitor Comparison
| Key Parameters | Hitachi Energy Ltd | Itron Inc | Landis+Gyr Group AG | Schaffner Holding, AG. |
|---|---|---|---|---|
| Headquarters | Switzerland | United States of America | Switzerland | Switzerland |
| City | Zurich | Liberty Lake | Cham | Luterbach |
| State/Province | Zurich | Washington | Zug | Solothurn |
| No. of Employees | 50,000 | 4,987 | - | 1,821 |
| Entity Type | Private | Public | Public | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Frank Duggan | Vice Chairman | Executive Board | - | - |
| Manuel Valverde | Director | Executive Board | - | - |
| Andreas Schierenbeck | Chief Executive Officer | Senior Management | 2024 | - |
| Ajay Singh | Chief Financial Officer | Senior Management | - | - |
| Gerhard Salge | Chief Technology Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer