MAN SE (MAN) is one of the leading commercial vehicle and mechanical engineering players in Europe. The company supplies trucks, buses, vans, diesel engines, turbomachinery and special gear units. Company primarily operates through two business segments: Commercial Vehicles and Power Engineering.
Company’s commercial vehicles segment is comprised of MAN Truck & Bus and MAN Latin America businesses. MAN Truck & Bus business manufactures commercial vehicles and has production facilities in three European countries, Russia, South Africa, India, and Turkey. Its products portfolio includes vans, trucks, buses, and diesel and gas engines, as well as passenger and freight transportation services. MAN Latin America business manufactures trucks and buses in Brazil.
MAN’s Power Engineering segment includes MAN Diesel & Turbo and Renk. MAN Diesel & Turbo develops and manufactures large-bore diesel and gas engines, turbocompressors, industrial turbines, and chemical reactor systems. It also delivers turbochargers for large-bore engines as well as complete and efficient power plants which supply useful heat from cogeneration. Renk, subsidiary of MAN, manufactures special gear units, propulsion components, and testing systems.
For the fiscal year ended December 2017, company’s revenues increased EUR778 million or 5.7% to EUR14.3 billion, as compared to the revenues in fiscal 2016.
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