The Festo Group has achieved the highest turnover in its history for the 2021 financial year. After a double-digit growth in turnover of around 18% to 3.36 billion euros (previous year 2.84 billion euros), the company started the first quarter with a double-digit order intake. This puts the innovation leader in automation and technical education in a good starting position to push ahead with its strategic orientation towards digitalisation and ...

"Festo will massively reduce its CO2 footprint over the next two years. As a result, by the end of 2023, all our production and logistics sites as well as the German sales locations and the corporate headquarters in Esslingen will be CO2 neutral", explains the Chairman of the Management Board of Festo SE & Co. KG, Dr. h.c. Oliver Jung, in his end-of-year address to the staff.

The Global Production Center Sofia in Bulgaria is one of the winners of the “Lean & Green Management Award 2019”. The plant was honoured in the “General Manufacturing” category for its successful measures for improving resource efficiency in industry.