Business Profile

About STIEBEL ELTRON
Quality isn't a matter of luck, but of careful planning.

Since 1924, STIEBEL ELTRON has been developing and manufacturing products to the highest standard. This family business, from the start, has built an excellent reputation as a supplier of quality domestic and system technology. The company's wealth of experience is reflected in the numerous patents granted to its innovative products. The overall performance spectrum of the company is delivered by the domestic hot water, central heating, air-conditioning and renewables sectors. STIEBEL ELTRON is one of the leading manufacturers of domestic and system technology.

The STIEBEL ELTRON Group
A company with fresh energy.

STIEBEL ELTRON is a group of companies with an international outlook and ranks among the market and technology leaders worldwide in the sectors of heating, ventilation, air-conditioning and refrigeration and in renewable energies. For 87 years, technical efficiency, quality, innovation, reliability and customer-oriented service have been the crucial factors in its success. With five national and international manufacturing plants, 15 subsidiaries worldwide and sales organisations and agencies in over 120 countries, STIEBEL ELTRON is a global player. About 40 percent of turnover comes from overseas.

Back in 1924 in Berlin, Dr Theodor Stiebel, the founder of the company, set out to develop and build products that offered low energy consumption, improved safety and greater convenience. A goal that still applies to the company today.

STIEBEL ELTRON provides convenient, energy-efficient solutions for every aspect of renewable energy, hot water, air-conditioning and space heating. The owners of the company are Frank and Dr Ulrich Stiebel, the founder’s sons, with a 50% share each. At the heart of the STIEBEL-ELTRON-Group – with a total turnover of nearly 450 million euros in 2010 and 3,000 employees worldwide – are Stiebel Eltron GmbH & Co. KG and Stiebel Eltron International GmbH with their national and international sales organisations.

The Holzminden site is the headquarters of the STIEBEL-ELTRON-Gruppe and at the same time the largest manufacturing facility. This is not just the home of the administration and sales organisation that operates worldwide, but also the production site for millions of electric hot water heaters and heating appliances as well as renewable energy systems. In addition there is another high-tech factory in Eschwege (manufacturing small water heaters, water boilers, hand dryers and thermoplastic components for all the appliances produced by the group) as well as three international production sites: Poprad/Slovakia, Ayutthaya/Thailand and Tianjin/China.

STIEBEL ELTRON started developing appliances for using renewable energy more than 35 years ago. Today the company with 5 to 500 kilowatt solutions is one of the leading suppliers of heat pumps for heating, cooling and hot water, ventilation appliances with heat recovery as well as thermal solar units.

The group of companies invests specifically in the manufacturing bases in Germany. In 2007 and 2008 one of the most modern and largest manufacturing plants for heat pumps in the world was built in Holzminden – with a total investment of around 20 million euros.

Traditionally the company has concentrated on wholesale distribution and the trade. This orientation still holds today as the company philosophy. STIEBEL ELTRON gives great priority to active assistance for its partners with offers of training, courses to support sales and service. The training academy in Holzminden is available to dealers, tradesmen and specifiers to provide guidance for products. Last year alone over 20,000 participants took advantage of the broad range of courses offered. The entire portfolio of products was presented as part of permanent exhibitions, among other things, in six German sales centres – usually with the systems in operation.

STIEBEL ELTRON is well equipped to face the future with a high-level research, development and investment programme. The Group’s investments in its manufacturing bases in Germany again ran to the tens of millions in 2010. The outlay was for the development of new products and the construction of new production lines.