Miba 2020 -
Dynamic Evolution

 
As a technology leader and global company, we are making an active contribution to technical progress and global economic growth. Global population growth, climate change and the scarcity of resources demand innovative solutions. We are preparing for these tasks and have defined our focus for the next few years. Change always means new possibilities and opportunities to be exploited. With Miba 2020, we are heading into the future with confidence, a clear vision, strategy and ambitious targets.
Our Mission
Innovation in Motion –
Technologies for a Cleaner Planet
Our Vision
No power train without Miba technology
Our Goals
  • Profitable growth to over EUR 1 billion
  • Increase in revenue from core business and through M&A
  • Global number 1 in our market segments
Our Strategy
Strive for technology leadership in demanding, financially attractive market segments.
Dynamic Evolution as the overarching guiding concept supported by three main pillars: Global Growth, Innovation and Technology, People
Our Values
  • Technology Leadership
  • Lifelong Learning
  • Entrepreneurship
  • Passion for Success
 
The basis for Global Growth
Miba is continuing to work diligently on the Company’s future. In doing so, the overarching guiding concept is Dynamic Evolution – a concept supported by three main pillars and undergirded by six principles which form a solid basis for continued success across generations.
 
 
Technologies for a cleaner planet
Mobility and power generation are changing – our mission is to reduce CO2 emissions, increase efficiency of existing drive concepts and keep pace with the trend toward new alternative energy sources with pioneering technologies.
 
Global
Growth
A strong and reliable partner to our customers across the world. We are seizing business opportunities in the world’s major centers and developing a strong presence there. We are growing in our existing divisions as well as through the acquisition of new businesses. We are following a local-to- local approach and as a result we are establishing the required competencies and capabilities in these regions.
 
   Innovation and
Technology
With our technologies for the future, we are striving for the goal of achieving product leadership in our divisions. The focus of our innovation is on energy efficiency as well as on increased precision and comfort in relation to our customers’ products. We are developing technologies for a cleaner planet. We foster a spirit and culture of innovation, nurture global technological collaboration and promote the exchange of knowledge across the Group.
People
 
We recruit, develop and retain motivated employees. We actively encourage dedication and entrepreneurship in Miba’s performance-driven environment. In our Company, an open corporate culture and diversity are critical success factors. Our people are the foundation of our business. Together, we are preparing ourselves for future generations in the global labor market as well as for new ways of working.

About Miba

Miba is one of the leading strategic partners to the international engine and automotive industries, from providers in the fields of energy generation and transmission, in the oil and gas industry as well as in plant engineering. Our product portfolio includes sintered components, engine and industrial bearings, friction materials, power electronics components and coatings, used around the world in motor vehicles, trains, ships, aircraft, power plants, refineries, compressors and industrial pumps.
977
Revenue
(in EUR million)
30
Sites
(May 2020)
7,700
Employees
(January 2020)