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Friedrich Vorwerk Group SE (FDVWF)

Other OTC - Other OTC Delayed Price. Currency in USD
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25.23-0.13 (-0.51%)
At close: 04:19PM EDT

Friedrich Vorwerk Group SE

Niedersachsenstrasse 19-21
Tostedt 21255
Germany
49 4182 2947 889
https://www.friedrich-vorwerk.de

Sector(s)Industrials
IndustryEngineering & Construction
Full Time Employees1,814

Key Executives

NameTitlePayExercisedYear Born
Mr. Torben KleinfeldtChairman of Management Board, MD & CEON/AN/A1973
Mr. Tim HameisterCFO & Member of Management BoardN/AN/A1991
Amounts are as of and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Friedrich Vorwerk Group SE provides various solutions for transformation and transportation of energy in Germany and Europe. The company operates through Natural Gas, Electricity, Clean Hydrogen, and Adjacent Opportunities segments. The Natural Gas segment comprises infrastructure services and product solutions for the transport and conversion of raw natural gas into treated natural gas; and engages in transporting the natural gas through high-pressure pipelines to processing in filtering and separation plants, compressor stations, storage and measurement systems, LNG terminals, and gas pressure control and measurement systems. The Electricity segment provides infrastructure for the underground transport and conversion of electricity that is generated from non-fossil energy sources, such as wind, solar, hydro, and renewable resources. This segment is involved in landing offshore electricity and installing high-voltage underground cables through which electricity is transported to transmission networks. The Clean Hydrogen segment provides product solutions and infrastructure services for the conversion of energy from energy sources into hydrogen, and its transportation to consumers, which is done through conversion of renewable energy by electrolysis; and processing and transportation of the clean hydrogen produced through storage systems, compressor stations, pipelines, and gas pressure control and measurement systems. The Adjacent Opportunities segment provides technologies, such as the treatment and cleaning of biogenic and synthetic gases; heat extraction technologies used in district heating; solutions for the transportation of drinking and wastewater; and specialty solutions for the chemical and petrochemical industry. Friedrich Vorwerk Group SE was founded in 1962 and is headquartered in Tostedt, Germany.

Corporate Governance

Friedrich Vorwerk Group SE’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.