TUV

Tuvrheinland TUV

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Approval Information

TÜV Rheinland stands for safety and quality in virtually all areas of business and life. Founded almost 150 years ago, the company is one of the world’s leading testing service providers with more than 20,000 employees and annual revenues of 2 billion euros. TÜV Rheinland’s highly qualified experts test technical systems and products around the world, support innovations in technology and business, train people in numerous professions and certify management systems according to international standards. In doing so, the independent experts generate trust in products as well as processes across global value-adding chains and the flow of commodities. Since 2006, TÜV Rheinland has been a member of the United Nations Global Compact to promote sustainability and combat corruption.

 

2019 key figures for TÜV Rheinland AG

Revenue

  • €2.085 billion, of which 47% generated outside Germany

Annual average number of employees for the year

  • 21,441 of which 9,082 are in Germany and 12,359 international

Earnings before interest and taxes (EBIT)

  • €135.6 million

Profit margin

  • 6.5%

Investments

  • €70 million

Business streams (shares of revenue)

  • Industrial Services & Cybersecurity 26.6%
  • Mobility 24.9%
  • Products 25.4%
  • Academy & Life Care 13.3%
  • Systems 9.8%

Functions of TÜV Rheinland

Sustainable development of safety and quality in the interaction between man, technology and the environment in nearly all aspects of daily life and the economy. In its role as an independent third party, TÜV Rheinland tests technical systems, products and services, supports projects and tests processes for companies and organizations. Its experts also train people in a wide range of careers. To this end, TÜV Rheinland operates a global network of approved labs, testing and education centers.

 

 

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