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Founded in 1961, WEG is a global electric-electronic equipment company, operating mainly in the capital goods sector with solutions in electric machines, automation and paints for several sectors, including infrastructure, steel, pulp and paper, oil and gas, mining, among many others. WEG stands out in innovation by constantly developing solutions to meet the major trends in energy efficiency, renewable energy and electric mobility. With manufacturing units in 15 countries and present in more than 135 countries, the company has more than 40,000 employees worldwide. WEG’s net revenue reached R$ 29.9 billion in 2022, 59.3% from outside Brazil. Our business areas are divided as follows. Industrial Electro-Electronic Equipment This area includes electric motors, drives and industrial automation equipment and services, and maintenance services. Electric motors and other related equipment find applications in practically all industrial segments, in equipment such as compressors, pumps and fans, for example. Energy Generation, Transmission and Distribution (GTD) Products and services included in this area are electric generators for hydraulic and thermal power plants (biomass), hydro turbines (small hydroelectric plants or PCH, and hydroelectric generators or CGH)), wind turbines, transformers, substations, control panels and system integration services. Motors for Domestic Use In this business area, our focus is the market of single phase motors for durable consumer goods, such as washing machines, air conditioners, water pumps, among others. Paints and Varnishes In this area, which includes liquid paints, powder paints, and electro-insulating varnishes, we have a very clear focus on industrial applications in Brazil and are expanding to Latin America and other regions.

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Website https://www.weg.net
Ticker BVMF:WEGE3
Revenue $2.75 billion
Employees 17,640 (9,312 on RocketReach)
Founded 1961
Phone +55 47 3276-4000
Fax +55 47 3276-4010
Technologies
Industry Manufacturing, Appliances, Electrical, and Electronics Manufacturing, Industrial Machinery & Equipment, Electronics, Electric Motors, Consumer Electronics, Generators, Hardware, Transformers, Automation, Solar, Drives, Energy, Coatings and Varnishes, Natural Resources, Automotive Refinishing, Sustainability, Gearboxes and Gearmotors, Power Outlets and Switches, Building Automation, UPS
Web Rank 74417
Web Visits 553220
Keywords Electric Motors, Automation, Electrical Equipment, Energy From Waste, Industrial Motors, Variable Frequency Drives, Renewable Energy, Power Distribution, Electric Mobility
Competitors ACC Spa, ACTOM (Pty) Ltd, Kirloskar Electric Co. Ltd., Nidec Motor Corporation, Yaskawa America, Inc. - Drives & Motion Division
SIC SIC Code 36 Companies, SIC Code 367 Companies
NAICS NAICS Code 33 Companies, NAICS Code 42 Companies, NAICS Code 423 Companies, NAICS Code 42361 Companies, NAICS Code 4236 Companies

WEG Questions

The WEG annual revenue was $2.75 billion in 2024.

Victor Sassaki is the CEO of WEG.

9,312 people are employed at WEG.

The NAICS codes for WEG are [33, 42, 423, 42361, 4236].

The SIC codes for WEG are [36, 367].

Top WEG Employees

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