Martin Viessmann Net Worth is$2 Billion
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Martin Viessmann Net Worth: Martin Viessmann is a German Businessman who has a net worth of $2 billion. He established himself as one of Germany's richest as the owner of Viessmann Riesman Werke GmbH, a leading maker of heating equipment and boilers in Europe. He inherited the company from his father, who first started the business more than 90 years ago. Over the years, the company expanded and now is operating in ten manufacturing plants found in different countries worldwide including China, Poland, Germany and Canada. A graduate of the University of Erlangen, Viessmann he joined Viessmann shortly after graduation and he also served as the Managing Director of Viessmann Limited. Next, he worked as President of Viessmann Manufacturing Company before moving to the supervisory board in 2008 to concentrate on the strategy for further growth of the company. Today, he is the CEO and Chairman of the Managing Board of Viessmann Werke GmbH & Co. Through his growing company, Mr. Viessmann supports the Viessmann Academy to provide training for heating architects and engineers. In May 2012, he was presented with an honorary doctorate from the University of Wisconsin.
The Viessmann Group is an international heating systems manufacturer headquartered in Allendorf (Eder), Germany. The group controls 23 production and project management divisions in 11 countries, its products are available in 74 countries, owns 32 subsidiaries and 120 sales offices around the world. Viessmann is also a major winter sport and motorsport sponsor.

The company was founded in Hof an der Saale in 1917 by Johann Viessmann and has been family owned for three generations. The President and CEO today is Dr. Martin Viessmann. As of 2012 the company employs 10,600 people and reports annual sales of ??? 1.89 billion. Today Viessmann provides an extensive range of HVAC products.
for commercial, industrial, and residential purposes ranging from 1.5 to 116,000 kW.
The Viessmann Group originated in Hof on the banks of the Saale, where Johann Viessmann set up a small workshop in 1917 specialising in the construction of steel boilers. In 1937 he moved operations to Allendorf (Eder) in northern Hesse. After WWII, Hans Viessmann took over his father's company and modernized it by introducing series production and industrial processes. In the 1950s and 1960s, oil replaced the previously used solid fuels, whilst steel boilers became increasingly important. Viessmann seized these growth opportunities and developed into a medium-sized industrial enterprise with 1,400 employees.
The 1970s were a time of expansion. In 1972, Viessmann opened its first foreign factory in Faulquemont (France), followed by Waterloo, Ontario (Canada), the first site outside Europe, in 1978. With the development of new technologies, the company responded to the challenges of the energy crisis: In 1976, the first solar collectors were produced, followed by the first heat pumps in 1978. The fall of the Berlin wall in 1989 opened up new markets ??? initially in the former East Germany and later in Eastern Europe. At the end of 1991/start of 1992, Dr. Hans Viessmann handed the compa

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Martin Viessmann Latest News

Sullivan Claims Union Golf Tournament

St. Clair fielded Matt Gordon (92), Brandon York (94), Kyle Juergens (96), Colby Viessmann (99) and Ben Bardot (107 ... Hillsboro’s golfers were Clayton Jones (93), Brennan Martin (100), Derek Mohart ...
Posted: April 6, 2013, 12:00 am

Nigeria: Viessmann Partners Siemens On Cleaner Energy

"The Viessmann Group is an international leader in the production of heating systems. Founded in 1917, with the family company, managed by its board under the chairmanship of CEO Dr. Martin Viessmann ...
Posted: March 15, 2011, 7:52 am

Renewable strategy

The UAE has the potential of becoming a leading region for renewable technologies in the Middle East, said Dr Martin Viessmann, president of Viessmann Werke GmbH. "This is a great chance for the UAE, ...
Posted: May 22, 2009, 9:00 pm
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