This year we’re proud to celebrate not one but two special anniversaries of WEG Branches across Europe. Both our Scandinavian and Iberian branches are celebrating 25 years in business this year, marking significant milestones in our company's history. These branches, established in 1998, have demonstrated exceptional growth and success, solidifying their positions as vital parts of our global network.
WEG Scandinavia has flourished as a key player in serving the region's high demand for electrical motors and industrial equipment. In 2022, the branch achieved remarkable success with an impressive 83.6 per cent growth rate in electrical motor sales, making it the highest-performing branch globally. With new sales offices set to open in Kolding, Denmark, and plans for future expansion into Oslo, Norway, WEG Scandinavia is poised for ongoing growth and innovation.
Similarly, WEG Iberia has established itself as a leading supplier over the past 25 years. Collaborating closely with domestic manufacturers, WEG Iberia has contributed to various projects both in the region and abroad. Its commitment to providing high-quality products and exceptional customer service has earned the branch a trusted reputation in the market. This significant anniversary reflects WEG Iberia's continued dedication and expertise in delivering excellence to its customers across diverse industries.
We are sure that the success of the WEG Scandinavia and WEG Iberia branches showcases our commitment to providing innovative solutions, fostering partnerships, and meeting the evolving needs of customers. We remain steadfast in our pursuit of excellence, aiming to continue our growth and contributing to the success of industries in Scandinavia, Spain and beyond.