Fraba
Review of a successful 2022
The Fraba Group, supplier of industrial position sensors and Wiegand technology, can look back on a successful 2022. Highlights include the opening of a new production facility in Malaysia.
The Fraba Group's total revenue amounted to €45 million in 2022. While this figure is lower than the €48 million in 2021 due to the sale of the Vitector division, revenue in the rest of the Group increased by 13%. Christian Leeser, CEO and majority shareholder of Fraba, commented that the sale of Vitector, a provider of safety systems for industrial doors, enabled Fraba to focus resources on the motion and position sensor business(Posital) and on new developments in the Wiegand technology business (Ubito). In the past financial year, Fraba employed 360 full-time employees worldwide, 40 more than in the previous year.
The new factory in Johor Bahru, Malaysia, will employ up to 60 people. It is designed for the series production of standard components such as kit encoders and Wiegand sensors. The plant complements the digital factory in Slubice, Poland, which has been in operation since 2007 and is designed for the flexible production of customized industrial sensors in small quantities. The plant in Malaysia also helps Fraba to better meet the growing demand on the Asian markets.
You might also be interested in
Encoders up to date
Posital has completed a comprehensive upgrade of its 'Ixarc' family of incremental encoders - and thus launched an overarching 'Nextgen' initiative. Jörg Paulus, European Managing Director, reports on the current status quo.
read more...Products of the year - The e-paper special
"Products of the Year 2023" goes interactive: the new e-paper including video news is here! The winners of the readers' poll have been chosen and in our interactive special edition you will find all the winning products at a glance and exclusive...
read more...Double-digit growth in 2021
The Fraba Group, a provider of motion control and position sensor technology for industrial applications, is reporting a 23% increase in sales for the 2021 financial year.
read more...Vitector division is sold
Christian Leeser, CEO and majority shareholder of the Fraba Group, has announced the sale of the Vitector division to Cedes, a Swiss technology company specializing in sensor systems for elevators, escalators and industrial doors.
read more...New business unit in China
The Fraba Group, supplier of sensors for industrial motion control and safety systems, established a business unit in China in March 2024. Fraba Industrial Automation (Shanghai) Company will serve the Chinese industrial automation market.
read more...Double-digit growth in 2021
The Fraba Group, a provider of motion control and position sensor technology for industrial applications, is reporting a 23% increase in sales for the 2021 financial year.
read more...Vitector division is sold
Christian Leeser, CEO and majority shareholder of the Fraba Group, has announced the sale of the Vitector division to Cedes, a Swiss technology company specializing in sensor systems for elevators, escalators and industrial doors.
read more...Focus on digital transformation and IIoT
Encoder manufacturer Posital launched two start-ups, Credemus and Ubito, in summer 2021. Jörg Paulus, European Managing Director of Posital-Fraba, explains the background.
read more...Two new divisions established
The internationally active Fraba Group has founded the new business units Credemus and Ubito. The two start-ups are positioning themselves in the 'Digital Transformation' and 'Wiegand Technology in the IIoT environment' business areas.
read more...