Varta AG - Company Profile
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Business Description
Varta AG (Varta) manufactures and markets a complete battery portfolio. The company incorporates the development, production and sale of the micro batteries and household batteries, energy storage systems and battery solutions for various applications and end users’ markets. The company also involves in research and development of these products.
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R&D Overview
The company’s research and development (R&D) activities of Lithium-Ion Solutions & Microbatteries segment focuses on development in the area of rechargeable lithium-ion cells for high-tech consumer products, precisely for Premium True Wireless Stereo Headsets (TWS). Attention was paid to on the use of less expensive raw materials, further increasing energy densities, the evaluation and qualification of new materials for CoinPower batteries, and the development of more efficient production processes. Household Batteries segment focuses on the development of alkaline-manganese batteries. Battery experiments are carried out at the R&D Center, with 10,000 sample batteries are also being manufactured. In FY2022, the company spent EUR23.2 million on R&D, which is 2.9% of its revenue and growth of 1.8% YoY compared to previous year EUR22.8 million.
Business Segments
Overview
Comprises of the batteries with product categories like household batteries, rechargeable batteries, chargers, portable power (power banks) and lights.
Performance
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Overview
Manufactures energy storage systems for private households and large-scale commercial storage solutions for trade customers. The solutions in the home and mass storage markets range from compact, basic models to large-scale storage solutions for commercial applications.
Performance
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Overview
Manufactures small lithium-ion round cells for OEM applications. These batteries are manufactured with key electro-chemical systems and in a variety of structural shapes and sizes, extending its usage from hearing aids to wireless headsets
Performance
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Overview
Manufactures micro batteries for hearing aids.
Performance
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Overview
Manufactures Lithium-Ion battery packs and Lithium-Ion large cells for applications in medical technology, robotics, connectivity, household and telecommunications. The portfolio ranges from customer-specific battery packs and configured standard batteries.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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