We’ve all heard of “German engineering.” It’s known all over the world as a hallmark of quality and innovation. But let’s dive deeper into some of these German engineering companies and find out how they got their reputation. Many of them were rocked by the coronavirus crisis and have been forced to adapt. Some will even use the opportunity to make new inroads and spark even more innovation.
You can now invest in all the stocks below on BUX Zero! Here we go.
Electrical engineering, compound semiconductors and nanotechnology. Sounds like the future? It is. Aixtron is going up against rivals from China, Italy and Japan but we have a feeling they can hold their own. The company has been represented on German stock exchanges since 1997, appearing in both the tech-heavy TecDAX and the medium-sized MDAX. Aixtron is based out of Herzogenrath in North Rhine-Westphalia and employs almost 700 people.
When you think of 3D printing, you probably think of plastics but SLM Solutions specialises in metal 3D printing. They sell a laser melting machine which is popular all over the world. The company went public in 2014 and made a whopping $75 million on the launch. Their laser technology is used by companies like NASA, Siemens, and BMW. Medicine, automobiles, space travel or the energy industry, the Lübeck-based lasers play a role everywhere.
Even in our digital world, there’s still a place for printing! Packaging, labels, calendars, catalogs and anything else that can be printed comes out of the Heidelberg factory. The company is still going strong despite the decline of print media, generating billions in sales every year.
Ever wondered who makes all the fork lift trucks? Well, now you know! Based in Hamburg, Jungheinrich is one of the world’s biggest suppliers of pallet trucks and forklifts. The company employs over 18,000 people and recently hit sales of €4 billion.
You’ve probably seen the Krone logo out on the roads. Krone makes truck trailers and semi-trailers used all over the world. By the way, even the brake lights on the trucks look like a little crown symbol. Look out for it next time you’re stuck behind one of them in a traffic jam!
LPKF Laser & Electronics
As you can guess from the name, this company is all about lasers! With lasers you can cut pretty much anything and that’s exactly what LPKF does. Their products are used to manufacture solar cells or electronic components among other things. The company recently replaced Wirecard in the TecDAX. It’s a medium-sized organization – just under 700 employees – but they operate in Asia, Europe and North America.
In 1908 Arthur Pfeiffer invented the first oil air pump. That was the starting point for this mechanical engineering group, which is now listed on the stock exchange. In fact, Pfeiffer was the first German stock to be listed on the New York Stock Exchange back in 1996. Today, they’re represented in the German TecDAX. So, what exactly do they make? All kinds of vacuum pumps you can imagine!
Now you know why Germany has a reputation as the home of quality engineering. All seven companies above are now available to trade and invest on BUX Zero.
All views, opinions and analyses in this article should not be read as personal investment advice and individual investors should make their own decisions or seek independent advice. This article has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is considered a marketing communication.