Fraba
Double-digit growth
The internationally active Fraba Group can look back on growth of 12.4% in the past financial year. The company operates in the field of position and motion control sensors as well as safety technology for industrial doors.
Globally, Fraba generated sales of EUR 35 million with 230 employees in Europe, Asia and the USA. In addition to sales, the number of employees also increased (up 4.5% from 220 employees in the previous year). The main factors behind this growth on the personnel side were the opening of a sales office in Shanghai in response to the strong demand in China and an increase in the development team at the central R&D center in Aachen. The Fraba Group's think tank, which cooperates closely with the Rheinisch-Westfälische Technische Hochschule and other national and international partners from the fields of Applied Engineering & Applied Electronics, currently employs 40 researchers and developers from 28 different countries.
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