Since 1924, technical performance, quality, innovation, reliability and customer-oriented service have been defining factors in our success. Three national and four international production facilities, 26 sales organisations around the world, plus partners and agencies in 120 countries translate into a truly global presence for STIEBEL ELTRON. Turnover in 2019 was around €593 million net (preliminary figure), with approximately 50 percent coming from export.
In 1924 in Berlin the company founder Dr Theodor Stiebel started realising his vision of developing and manufacturing products with low energy consumption, greater safety and more comfort. This objective still applies to the company today.
As a family-owned company driven by innovation, STIEBEL ELTRON pursues a clear strategy in the production and development of products – for environmentally friendly, efficient and convenient building services. The company relies on over 3,900 employees around the world and their expertise at every stage of development – from the initial design, right through to the manufacture of the final product. The result is efficient and innovative solutions for hot water, heat, ventilation and cooling. With its wide range of products STIEBEL ELTRON always has the right solution to prepare homes for future requirements today. Frank Stiebel and the Stiebel family foundation (set up by Dr Ulrich Stiebel) each own 50% of the company.