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Ulaanbaatar, Mongolia
+976 7707 2372

Schneider Electric history

Schneider Electric SE (Societas Europaea) is a multinational company[4][5] providing energy and automation digital solutions for efficiency and sustainability.[6] It addresses homes,[7] buildings,[8] data centers,[9] infrastructure and industries,[10] by combining energy technologies, real-time automation, software and services.[11] The company has operations in over 100 countries and employs 135,000+ people.[12]

Schneider Electric is a Fortune Global 500 company, publicly traded on the Euronext Exchange, and is a component of the Euro Stoxx 50 stock market index.[13] In FY2019, the company posted revenues of €27.2 billion.[14]

Schneider Electric is the parent company of Square DAPC and others. It is also a research company, investing EUR10 billion in innovation and R&D for sustainable development between 2015 and 2025.[15] The company holds 20,000 patents either active or in application worldwide and invests 5% of its annual revenue in Research and Development.[16]

The company began in 1836 as Schneider & Cie. It was ultimately renamed Schneider Electric in May 1999.

Beginning

19th Century The Schneider brothers invest in the Creusot foundries and become major players in the steel and machine industry. Soon, Schneider & Cie. enters the emerging electricity market.

Reconstruction

Early 20th century After two world wars our company emerges as a diversified business that quickly expands into new markets, including construction and electricity.

Evolution

Late 20th century The Schneider Group grows through strategic acquisitions and focuses on the electrical industry, energy management and innovative technologies.

Today

21st century With a unique portfolio of connected technologies: connected products, edge control and apps, analytics and services, we are the global specialist in energy management and automation.

1836
Brothers Schneider acquire mines and forges at Le Creusot, France. Two years later they create Schneider & Cie.
1891
Having become an armaments specialist, the company launches itself into the emerging electricity market.
1919
The company expands into Germany and Eastern Europe via the European Industrial and Financial Union (EIFU).
1949
In-depth restructuring led by Charles Schneider takes place after World War II.
1975
The Schneider Group acquires an interest in Merlin Gerin, one of the leaders in electrical distribution equipment.
1981-1997
The company divests from steel and shipbuilding and focuses mainly on electricity through strategic acquisitions.
1999
The Group develops Installation, Systems and Control with the acquisition of Lexel and adopts its current name.
2000-2009
Period of organic growth and acquisitions in new market segments: UPS, movement control, building automation and security.
2010-Present
Schneider Electric further reinforces its position in software, critical power and smart grid applications.