Estun
Subsidiary for the European robot market
At the beginning of August 2024, the Chinese robot manufacturer Estun Automation will start its expansion in Europe with its own subsidiary, Estun Robot Europe. The company's President & CEO is Gerald Mies, previously CEO of Kuka Systems.
According to the company, Estun has long since become one of the top 3 robot suppliers in China. After the Japanese world market leader, Estun has the largest market share in China, ahead of European and Japanese competitors. With a high level of vertical integration, Estun produces a wide range of products: the product range comprises 76 models with payloads between 3 and 700 kg, including collaborative robots, Scaras and cleanroom versions. The robots are in demand in all industries; in China, for example, the company equips car manufacturer BYD and is strongly represented in photovoltaics, in the production of lithium batteries (CATL) and in solutions for sheet metal processing.
The CEO of the company in Europe is Gerald Mies, who has been active in the European robot market for more than 20 years as a managing director at leading robot manufacturers and plant engineering companies. Most recently, Mies was President & CEO of Kuka Systems.
Estun was founded in 1993; founder, chairman and majority shareholder Bob Wu established the robotics division in 2011. In addition to robotics, the company has two other divisions, 'Automation and Motion Control' and 'Digital Products and Services'. The company employs around 3,800 people, including over 1,100 in research and development. Over 10% of turnover is invested in R&D.
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