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Krones

Krones
Company nameKrones AG
Company typeAktiengesellschaft
IndustryManufacturing, systems engineering
Founded1951
Founder(s)Herman Kronseder
HeadquartersNeutraubling, Germany
Key peopleVolker Kronseder (CEO and chairman of the executive board), Ernst Baumann (Chairman of the supervisory board)
ProductsMachinery and production lines for bottling, canning and other packaging
Revenue-2.173 billion (2010)
Operating income-68.1 million (2010)
Net income-50.8 million (2010)
Total assets-1.886 billion (end 2010)
Total equity-758.9 million (end 2010)
Employees10,575 (end 2010)

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Krones AG is a German packaging and bottling machine manufacturer. It is the world’s leading manufacturer of lines for filling beverages in plastic and glass bottles or beverage cans. The company manufactures stretch blow-moulding machines for producing Polyethylene terephthalate (PET) bottles, plus fillers, labellers, bottle washers, pasteurisers, inspectors, packers and palletisers. This product portfolio is complemented by material flow systems and process technology for producing beverages, plus syrup kitchens, for clients like breweries, dairies and soft-drink companies.

The company is devoting particular attention to PET economies in the production process for PET bottles. With what is so far the lightest-ever PET bottle for still water, weighing 6.6 g, Krones won the German Packaging Prize for 2008 in the sales package category.


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