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Loewe AG (German:LOE)
Contact Information
Loewe AG
Industriestrasse 11
D-96317 Kronach, Germany
Tel. +49-9261-99-0
Fax +49-9261-99-500

Type: Public
On the web: http://www.loewe-int.de
Employees: 977
Employee growth: (6.2%)

If you want to impress your friends with your sleek, sophisticated, state-of-the-art home multimedia system, you'll want the lowdown on Loewe. A European leader in entertainment electronics, the company makes high-end TVs, DVD recorders, and audio components, including speakers. Loewe's products are sold through company galleries, certified dealers, and retailers in more than 50 countries. Germany is Loewe's most important market, accounting for more than 50% of sales. The company is concentrating on LCD technology and has stopped making plasma TVs. Through a joint venture with Sharp, Loewe develops an ultra-flat, large-screen, LCD TV. Loewe (pronounced lur-ver) was founded in 1923 in Berlin.

Key numbers for fiscal year ending December, 2010:
Sales: $407.2M
One year growth: (12.3%)
Net income: ($9.6)M

Officers:
Chairman, Supervisory Board: Rainer Hecker
Public Relations: Roland Raithel
Public Relations: Elke Sachs

Competitors:
LG Electronics
Panasonic Corp
Samsung Electronics



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