Grundfos continues to grow worldwide
Pump manufacturer Grundfos Group has reported a 6.5% increase in turnover to £2.5 billion for 2012. The company is still experiencing modest growth in mature markets such as the UK, Denmark and Germany. Good growth was also seen in Eastern Europe, especially Russia. Strong performances were also returned from the Americas, China and other Asian Market, as well as from the Middle East.
During 2013, Grundfos plans to continue to invest in product R&D and plans to open new factories in Serbia and Hungary.