ZF Friedrichshafen AG
ZF is a leading worldwide automotive supplier for Driveline and Chassis Technology with 121 production companies in 27 countries. In 2011, the Group achieved a sales figure of EUR 15.5 billion with nearly 71.500 employees. ZF is among the top 10 companies on the ranking list of the largest automotive suppliers worldwide.
The company was founded in 1915 for the development and production of transmissions for airships and vehicles. Today, the group's product range comprises transmissions and steering systems as well as chassis components and complete axle systems and modules. As stockholders, the Zeppelin Foundation - which is administered by the City of Friedrichshafen - holds 93.8 percent and the Dr. Jürgen and Irmgard Ulderup Foundation Lemförde holds 6.2 percent of shares.
The ZF Group invests more than 5 percent of total revenue in research and development every year. R & D investment in 2011 amounted to EUR 754 million. With an investment program for 2011 amounted to more than EUR 1 billion, the ZF Group is taking long strides.
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