The company says that its revenue almost doubled in the last ten years and could grow to €1.5 billion by 2027.
“We want to develop and produce technologically demanding components for greater efficiency and sustainability along the entire energy value chain,” said Miba CEO Peter Mitterbauer. “In the past fiscal year alone, our revenue from technologies for wind power has more than doubled.”
The company has reported invested €80 mn in electric vehicles (EVs), with sales of technologies for battery electric vehicles more than quadrupling within the past two years.