Grundfos is a pump manufacturer headquartered in Denmark, but directly accessible in 56 countries worldwide through 83 companies, and a huge network of distributors, partners, and sub-dealers. It is a global company with an aim to develop solutions for the world’s water challenges.
The company had over 3 billion euros in revenue in 2018 and employs around 19,280 in total.
The annual production counts more than 16 million pump units, circulator pumps (UP), submersible pumps (SP), and centrifugal pumps (CR). Besides that, Grundfos also produces electric motors for the pumps as well as electric motors for separate merchandising and develops and sells electronics for controls for pumps and other systems.
Innovation, sustainability, and excellence are some of the core values of Grundfos pump production and work in general. The company is energy-efficiency oriented.
Business in Serbia
- 750 employees
- Serbia’s 7th biggest exporter - 200 million euros export
Initially, Grundfos has started his work in Serbia in 2010. in a rented facility in Nova Pazova, while construction of its own 26.000 m² manufacturing facility in Inđija, at that time, was in progress.
Two years later, in December 2012 a new plant in Indjija, an investment estimated worth 60 million euros, was officially opened, employing around 200 people, which was just the first step of the project in Serbia. By years, the number of employees gradually grew, reaching 750 today.
The Inđija production site produces more than 4 million pump units a year and is Grundfos’ third-largest production facility worldwide. Also, it exports over 200 million euros worth of goods worldwide, making it Serbia’s seventh-biggest exporter.
Three types of pumps are being produced at this particular site, and of them is the most selling and most popular type in the world – centrifugal pump - a product that covers 50% of the global market, and it is produced in a quantity of 16 million per year.
Recently (September 2019) Grundfos has celebrated 10–year anniversary of doing business in Serbia, and on that occasion, the company unveiled the “BioBooster” wastewater treatment facility. This 2 million euros investment at the plant in Inđija is the first location outside Scandinavia to boast the state-of-the-art facility.
„The existence of educated and skilled workforce, incentives to investors, and the free trade agreements with the Russian Federation and Turkey, as well as developed infrastructure and favorable geographical position were the key factors for Grundfos investment to Serbia”.
Jim Toft Nielsen, General Manager, Grundfos Serbia