KUKA AG Value Stock - Dividend - Research Selection
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Description of the company
KUKA Aktiengesellschaft, an automation company, provides robot-based automation solutions worldwide. It operates in Automotive, Industries, Consumer Goods & Logistic Automation, and Operating/Manufacturing/Purchase segments. The company develops, manufactures, and distributes industrial and service robots, as well as robot controllers and software. It also plans, designs, and builds automated production systems, including individual system components, tools and fixtures, automated production cells, and turnkey systems; and automates individual production processes, such as welding and joining, processing various materials, and integrating various production stages to form an automatic system. In addition, the company offers automated solutions for hospitals, warehouses, and distribution centers. It sells its products under the KUKA brand to customers in the automotive, consumer goods, energy and storage, electronics, e-commerce, healthcare, and metal industries, as well as various other sectors. The company was formerly known as Industrie-Werke Karlsruhe Augsburg Aktiengesellschaft and changed its name to KUKA Aktiengesellschaft in 2007. The company was founded in 1898 and is headquartered in Augsburg, Germany. KUKA Aktiengesellschaft is a subsidiary Mecca International (BVI) Limited.