ZF Friedrichshafen says it increased its workforce by 6% last year creating around 4,200 jobs globally, with some 2,000 of these added in Germany.
During the same period, sales increased by 8% from EUR15.5bn (US$21.4bn) to EUR16.8bn.
“ZF once again experienced above-average growth last year,” said ZF CEO, Stefan Sommer. “Whether in Europe, the US or China, we were only able to manage this development with additional qualified and dedicated employees.”
With the new positions, ZF now employs 72,600 people around the world, 41,900 of which are based at German locations.
“With a 15% sales increase, the region of Asia-Pacific in particular gave us a special impetus”, said Sommer, adding the company had opened new axle assembly plants in China and Malaysia.
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By GlobalData