Voith sets standards in the markets energy, oil & gas, paper, raw materials and transport & automotive. Founded in 1867, Voith employs more than 20,000 people, generates € 4.3 billion in sales, operates in about 60 countries around the world and is today one of the largest family-owned companies in Europe*.
- Business Type:
- Industry Type:
- Manufacturing, Other
- Market Focus:
- Globally (various continents)
Clear Structures and Responsibilities
Voith is a globally active engineering company. With its broad portfolio covering plants, products and industrial services, Voith supplies essential markets: energy, oil & gas, paper, raw materials and transport & automotive. The holding company is Voith GmbH based in Heidenheim/Brenz (Germany).
Voith GmbH is 100% family-owned. The advisory committee and the regulatory body are the Shareholders' Committee and the Supervisory Board. The latter is also the controlling authority for the Management Board.
The operative business is pooled in four Group Divisions: Voith Hydro, Voith Industrial Services, Voith Paper and Voith Turbo. The activities of the subsidiaries of the Group Divisions are steered by a legally independent holding company.
With a wealth of ideas and a passion for engineering to a worldwide group
It all started with a locksmith's workshop in Heidenheim, a small town on the Swabian Jura in Southern Germany. In 1825, the locksmith Johann Matthäus Voith takes over his father's business. In doing so, he lays the foundation stone for the success history of a very special company that still bears his name: Voith. A lot has happened since. The small tradesman's workshop has become a global player. How? Learn more about it here.