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Bang & Olufsen

Bang and Olufsen
Company nameBang & Olufsen A/S
Company typePublic (OMX - CSE3202BO B)
Founder(s)Peter Bang, Svend Olufsen
HeadquartersStruer, Denmark
Key peopleTue Mantoni: President & CEO
ProductsAudio visual products
Revenue4,376 million DKK (2006/07)
Net income524 million DKK (2006/07)
Employees2,520 (2007)

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Bang & Olufsen (B&O, OMX - CSE3202BO B) is a Danish company that designs and manufactures audio products, television sets and telephones. It was founded in 1925 by Peter Bang and Svend Olufsen, whose first significant product was a radio that worked with alternating current, when most radios were run from batteries. In 2004, the company opened a factory in the Czech Republic where it employs approximately 250 staff producing mainly audio products.

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