Company Profile For FRIWO AG
Overview
FRIWO AG, formerly CEAG AG, is a Germany-based holding company producing small power supplies and chargers. The Company operates through the FRIWO Power Solutions (FPS) business unit, which manufactures custom-made power supplies and chargers for the four segments of information technology (IT) and communications, household appliances and power tools, industrial applications and medical technology. The Company’s products are also used in medical applications, including wheelchairs, blood transfusion pumps; power tools and home technology, such as screwdrivers and vacuum cleaners, and industrial automation, including locking and security technology and industrial vehicles. The Company is also active in the field of research and development. FRIWO AG is owned by Cardea Holding GmbH.
Quick Financial Synopsis
BRIEF: For the six months ended 30 June 2009, FRIW0 AG's sales decreased 7% to EUR36.2M. Net income from continuing operations decreased 92% to EUR116K. Sales reflect decreased demand for the Company's products and services, especially in Europe, excluding Germany, due to unfavorable market conditions. Net income from continuing operations suffered from higher other operating expenses and significantly lower interest income as well.
Company Address
FRIWO AG
Von-Liebig-Strasse 11
Ostbevern 48346
P: +492532.810
F: +492532.81129
Von-Liebig-Strasse 11
Ostbevern 48346
P: +492532.810
F: +492532.81129
Total Employees
312
Find Out More About CEAG.DE
Market Update
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Commodities
| Commodity | Last | Pct Chg | Trade Date/Time |
|---|---|---|---|
| Oil | 75.2 | -2.38% | 11/27 14:43 IST |
| Gold | 1153.6 | -2.90% | 11/27 14:23 IST |
