Newsroom Würth

Carbon-neutrality by 2024 Holistic energy concept for heating, electricity and mobility Vehicle fleet changeover to electric vehicles; test of hydrogen vehicles Ecological strategy at same level as social and cultural commitment Read more

The Scandinavian artist duo Elmgreen & Dragset living in Berlin will be awarded the 14th Robert Jacobsen Prize of the Würth Foundation. The jury’s reasoning for awarding the prize to Michael Elmgreen, born in Copenhagen in 1961, and Ingar Dragset, born in Trondheim in 1969, is “their works’ being characterized by high social relevance and extreme poignancy”. According to the jury, the duo’s oeuvre is “rather marked by human attitude than by marketable style.” The prize being awarded every other year since 1993 in memory of the Danish sculptor Robert Jacobsen, is worth EUR 50,000 for the first time this year. Read more

In spite of the COVID-19 crisis, the Würth Group managed to improve sales slightly to EUR 14.4 billion in the 2020 fiscal year (2019: EUR 14.3 billion). This represents an increase of 1.0 percent. Adjusted for currency effects, growth came out at 2.0 percent. At EUR 775 million, the operating result also came out slightly higher than last year (2019: EUR 770 million), a result of the Group’s strict cost control measures. Reduced travel and conference costs in the wake of the pandemic contributed significantly to these cost savings, helping to compensate for COVID-induced sales collapses in usually profitable business units. Read more