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ZF is expected to achieve double-digit growth in revenue in 2012
Hans-Georg Heert, Chairman of the German auto parts giant ZF, said in an interview with German media that in 2012 the company will continue its rapid growth in 2011. Although the speed may be slightly lower, it will still be More than 10%. The renewable energy market has huge business opportunities. Through the acquisition of Hansen, a wind power equipment manufacturer, ZF has become a global player in this field. The auto industry has no choice but to increase the use of renewable energy. ZF employs more than 72,000 people worldwide. In 2011, its sales reached 15.5 billion euros, a record high, an increase of about 20%.