Who we are
Festo is a global player and an independent family-owned company with its headquarters in Esslingen am Neckar, Germany. The company supplies pneumatic and electric automation technology to 300,000 customers in the field of factory and process automation in over 200 industries. Within its 61 companies, Festo employs more than 17,000 people. These companies generated a turnover in 2014 of some € 2.45 bn. Each year 9 percent of revenue is invested in research and development. Festo supplies around 30,000 catalog products in several hundred thousand variants and some 10,000 tailor-made customer solutions each year to customers in 176 countries all around the world. Approximately 1.5 percent of revenue is invested in staff training. Training services are not only provided for the company’s own staff, Festo Didactic SE also supplies basic and advanced training programs in the field of automation technology for customers, students, and trainees.
Basis of how we treat each other
Our values were developed from the company. All employees worldwide were involved in this. They provide guidance for organising our company. We at Festo want to recognise ourselves everywhere by the values practised. They are the foundation on which we want to develop further in a fast and global world.
We are ambitious.
As a proudly independent family-owned company, we shape our own destiny and are relentless in our pursuit of success. We have high expectations of ourselves and others and harness the passion and experience of our people to deliver top class performance.
We are determined.
As a driver and shaper of our market, we meet challenges with courage and determination. We make clear decisions and implement them thoroughly. When we make mistakes, we find out why and learn for the future.
We are visionary.
We are determined to develop intelligent and intuitive solutions. For this reason we look beyond our own horizons to learn the current and future challenges of our customers and markets and the actions of our competitors. Our structured cooperation over all disciplines leads to strengths and knowledge in invention and innovation.
We value each other.