Company
WEG SA
Headquarters: Jaraguá do Sul, SC, Brazil
Employees: 36,987
CEO: Mr. Harry Schmelzer Jr.
Market Cap
R$152.54 Billion
BRL as of Jan. 1, 2024
US$31.43 Billion
Top Competitors by Market Capitalization
Industry: Specialty Industrial Machinery
| Company | Market Cap (USD) |
|---|---|
| Siemens | $138.51 B |
| General Electric | $135.68 B |
| Honeywell | $135.08 B |
| Schneider Electric SE | $110.11 B |
| Open Joint Stock Company OMZ | $101.93 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Boeing | $148.18 B |
| Union Pacific | $147.34 B |
| Caterpillar | $145.65 B |
| Siemens | $138.51 B |
| General Electric | $135.68 B |
Detailed Description
WEG S.A. engages in the production and trade of capital goods in Brazil and internationally. The company offers electric motors, generators, and transformers; gear units and geared motors; hydraulic and steam turbines; frequency converters; motor starters and maneuver devices; control and protection of electric circuits and industrial automation; power sockets and switches; and electric traction solutions for heavy vehicles, utility vehicles and locomotives, and urban and sea transportation. It also provides solutions for the generation of renewable and distributed energy through hydro, thermal biomass, wind, and solar energy power plants; no-breaks and alternators for groups of generators; conventional and movable electric substations; industrial electro electronic equipment systems; industrial paint and varnish; and paints for automotive repainting. WEG S.A. was founded in 1961 and is headquartered in Jaragua do Sul, Brazil.
Top 1-year algo backtest: +298.72%
$10,000 in April 2023 would now be $39,872 by following this algorithm daily at market close.
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Stocks & Indices
WEG SA has the following listings and related stock indices.
Stock: Bovespa: WEGE3 wb_incandescent
Stock: OTC: WEGZY wb_incandescent