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Corporate News - Locations

WEG Inaugurates New Manufacturing Site in Portugal

22.11.2024
On October 17, WEG inaugurated its new manufacturing site in Santo Tirso, Portugal, marking an important step in its European expansion strategy. With a structure spanning over 100,000 square meters, 45,000 of which are covered, this new facility reinforces WEG's leadership in the industrial manufacturing sector and increases its competitiveness in the region.

The installation will house a High Voltage Solutions Center, dedicated to the production of medium- and high-voltage motors and frequency drives, while also offering specialized services, both on-site and in-house, for WEG and third-party motors, drives, transformers, and generators. It will also serve as the headquarters for one of the group's research and development centers, specializing in motors for potentially hazardous areas, supporting both traditional industries and those focused on the energy transition.

This center will feature an innovative 12 MVA laboratory, designed to make combined motor and drive testing more efficient and precise than ever, establishing a new global benchmark and ensuring that WEG continues to lead in technological innovation within the industrial sector.

Aligned with WEG's commitment to sustainability, the manufacturing site operates with 100% renewable energy, contributing to the company's carbon neutrality goals and supporting regional industries in meeting their own sustainability objectives.

With the goal of providing customized solutions and shorter delivery times for products and services, the new factory will serve strategic markets in Europe, North Africa, and the Middle East, offering a more efficient and reliable supply chain for its customers.

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Acquisitions + Mergers - Corporate News

WEG Acquires Volt Electric Motor

18.09.2024 -

WEG announced the signing of agreements to acquire Volt Electric Motors (“Volt”), a Turkish manufacturer of industrial and commercial electric motors, a subsidiary of the Saya Group. The acquisition value is US$ 88 million (Enterprise Value – EV), to be paid after the transaction is completed, subject to common price adjustments for this type of operation.

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WEG to Deliver ‘Sustainability’ Presentation at Europump’s 2024 Annual Meeting
Events - Exhibitions + Conferences

WEG to Deliver ‘Sustainability’ Presentation at Europump’s 2024 Annual Meeting

09.04.2024 -

WEG is honoured to be the headline sponsor of this year’s Europump Annual Meeting, taking place at the spectacular De Vere Beaumont Estate near Windsor from 22nd – 24th May. As part of its engagement with this key event for the international pump community, WEG will be giving a Keynote presentation on the ethical, ecological, and commercial benefits of sustainability.

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Europump Announces the First two Keynote Speakers for its 2024 Annual Meeting
Events - Exhibitions + Conferences

Europump Announces the First two Keynote Speakers for its 2024 Annual Meeting

29.01.2024 -

Europump (the European Pump Association) which represents 15 National Associations across the continent of Europe is delighted to be staging its 2024 Annual Meeting in the UK. Hosted by the British Pump Manufacturers Association (BPMA) and sponsored by WEG, this three-day event will take place at the spectacular De Vere Beaumont Estate near Windsor in the Royal County of Berkshire, from 22nd – 24th May.

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