Sale Price VZN12 Schneider Electric MAIN CONTACT 12A|Industry Supply Chain|InduSup| MAIN CONTACT 12A
Schneider Electric is a European multinational company providing energy and automation digital solutions for efficiency and sustainability. It addresses homes, buildings, data centers, infrastructure and industries, by combining energy technologies, real-time automation, software and services. The company has operations in over 100 countries and employs 135,000+ people. The company is a Fortune Global 500 company, publicly traded on the Euronext Exchange, and is a component of the Euro Stoxx 50stock market index. In FY2019, the company posted revenues of €27.2 billion. Schneider Electric is the parent company of Square D, APC and others. It is also a research company, investing EUR10 billion in innovation and R&D for sustainable development between 2015 and 2025. The company holds 20,000 patents either active or in application worldwide and invests 5% of its annual revenue in Research and Development. The company began in 1836 as Schneider & Cie. It was ultimately renamed Schneider Electric in May 1999.