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  September 5, 2001
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Home > Company Index > Manufacturing > Industrial Products Distribution > mg technologies ag

mg technologies ag
 PROFILE
mg technologies may look small, but the global company (formerly Metallgesellschaft) is a mega player in chemicals and industrial plant engineering. The chemical group (48% of sales) makes explosives, plastics, advanced ceramics, and specialty/pigment chemicals; it also trades and distributes chemicals. The engineering group (45% of sales) includes turnkey plant construction (Lurgi) and process and thermal engineering (GEA). GEA specializes in process engineering (refrigeration, liquid processing, powder technology, mechanical separation, and dairy farm systems) and thermal engineering products (heat-exchangers, cooling towers, condensers, air-treatment equipment).

 COMPETITION
ABB Ltd. (ABB)
E.ON AG (EON)
RAG Aktiengesellschaft (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: September
2000 Sales (mil.): 7,733.80
1-Yr. Sales Growth: (2.0)%
Employees: 38,408
Revenue per employee: $201,359.09

 KEY PEOPLE
• Karl J. Neukirchen
    CEO
• Karlheinz Hornung
    CFO

 CONTACT INFO
Bockenheimer Landstrasse 73-77
60325 Frankfurt, Germany
Phone: 49-69-7-11-99-0
Fax: 49-69-7-11-99-100
Online: Web Site

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