Grundfos reports record turnover
Grundfos Group has reported its best-ever results, with turnover for 2010 reaching £2 billion, up by over 17% over 2009. The company plans to invest in new growth with a doubling of the investment in production equipment and new manufacturing facilities in Russia, Serbia and India. In addition, £100 million will be invested during 2011 to support the development of the next generation of pumping solutions.
The company claims a 10% share of the world pump market, by number of pumps installed.
