Krones AG - Company Profile
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Business Description
Krones AG (Krones) manufactures bottling machines and packaging systems. It offers a wide range of system engineering, labeling, filling, inspection, cleaning, plastics, packing and palletizing and conveyor systems for product filling and decoration.
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R&D Overview
Krones’ R&D activities focus on the development of efficient production systems and services. The company’s R&D activities focus on four areas: Product and production safety, Cost efficiency with smart systems and robustness, Flexibility, and Sustainability. Its goal is to operate a line through digital service centres, to advance digitalisation at a high quality level around the world. International resources are used to amplify the capacities of domestic level digitalisation specialists. The company's R&D strategy has three focal areas: Sustainability, Digitalization and System Solutions. Certain innovations like Contiform, Plant-based beverages, VarioAsept M, Ergobloc L, Modulfill Bloc FS-C with compact cleanroomy, Variopac Pro for LitePac Top Protect, and Mobile production robotics were presented with an improved performance using less compressed air. As of December 31, 2022, it owned 6,855 patents and utility models. In FY2022, the company spent EUR178 million on its R&D activities, which stood at 4.8% of the company’s revenue and grew 2.3% YoY.
Business Segments
Overview
Offers machinery and complete production lines for filling, labeling, packaging and moving products. Offers bottle design systems, monobloc plastic machines, blow molding systems, recycling systems, and cleaning and washing systems. Sells machines for manufacturing PET containers and converting used plastic bottles into food-grade recycled material.
Performance
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Overview
Operates through subsidiary System Logistics, and provides the planning and design of fully automated warehousing, order-picking and material flow systems with high-speed feeders, conveyors and automated guided vehicle (AGV) systems.
Performance
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Overview
Provides brew house and filtration systems and technologies to the brewery industry. Offers equipment and digitalization solutions for producing and processing beer, soft drinks, fruit juices, milk, and dairy drinks. Also, includes operations of Evoguard brand.
Performance
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Geographical Segments
- Asia-Pacific
- Central Europe (excluding Germany)
- China
- Eastern Europe
- Germany
- Middle East and Africa
- North and Central America
- Russia, Central Asia (CIS)
- South America/Mexico
- Western Europe
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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