July 28, 2014 5:32 AM ET

Machinery

Company Overview of Viessmann Werke GmbH & Co. KG

Company Overview

Viessmann Werke GmbH & Co. KG manufactures heating systems for commercial and industrial buildings, single or two-family homes, large residential complexes, and local heating networks. It offers air conditioning units, biogas plants, combined heat and power (CHP) units, domestic hot water cylinders, gas fired boilers, heat pumps, home ventilation systems, large heat pumps, micro CHP, oil fired boilers, and oil/gas boilers for medium and high output. The company also provides photovoltaic systems, solar thermal systems, solid fuel-fired boilers, steam boilers and waste heat boilers, wood combustion systems, and wood heating systems; and Vitotrol app to remotely operate a Viessmann heating sys...

Viessmannstraße 1

Allendorf,  35108

Germany

Founded in 1917

Phone:

49 06452 70 0

Fax:

49 06452 70 2780

Key Executives for Viessmann Werke GmbH & Co. KG

Chairman of Managing Board and Chief Executive Officer
Member of Managing Board
Member of Managing Board
Member of Managing Board
Member of Managing Board
Compensation as of Fiscal Year 2014.

Viessmann Werke GmbH & Co. KG Key Developments

Panasonic Corporation and Viessmann Group to Sell Fuel Cell Cogeneration System

Viessmann Group and Panasonic Corporation have jointly developed a new fuel cell cogeneration system, which will become the first polymer electrolyte fuel cell (PEFC) fuel cell system available for single-homes in Europe. It will be sold by Viessmann, starting in Germany in April 2014. Aiming at an integrated system adapted for European markets, Panasonic and Viessmann have set up a joint development agreement and have jointly designed the complete fuel cell system. The fuel cell unit has been developed by Panasonic and will be manufactured in Japan, then supplied to Viessmann. The unit of the peak load boiler and the hot water tank has been developed by Viessmann. Viessmann will also carry out the assembly of the complete unit. Thus, Viessmann and Panasonic have jointly designed the overall complete system of fuel cell. Both companies agree upon the importance of highly efficient systems for the cogeneration of heat and power within an increasingly decentralized energy supply structure. Combined with intelligent electricity distribution (smart grids), they can contribute significantly towards relieving the power grids. In this context, fuel cell based micro combined heat and power systems (mCHP) are a prerequisite for cogeneration technology to reach one- and two-family-homes on a broad basis. Compared to the separate generation of heat and power, they reduce CO2 emissions by 50%. In doing so, fuel cell based mCHP systems not only offer excellent perspectives for protecting the environment, but also for increasing energy efficiency - thus playing an important role in bringing about a sustainable energy era.

Similar Private Companies By Industry

Company Name Region
promeos GmbH Europe
SBS-Feintechnik GmbH & Co. KG Europe
W+S Maschinenbau GmbH Europe
ESAB CUTTING SYSTEMS GmbH Europe
PROMESS Gesellschaft für Montage- und Prüfsysteme mbH Europe

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 28, 2014
Riello S.p.A, Heating Technique and Water Heaters Business Division
Merger/Acquisition
September 23, 2013
Norpe Oy
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Viessmann Werke GmbH & Co. KG, please visit www.viessmann.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.