RITZ - Empowering our electrical future
Experience is what counts. We have been active in the electrical energy technology market with our solutions for over 75 years. We have always been able to adapt to changing market conditions. With our global manufacturing footprint and the corresponding sales network, we can support our customers worldwide from the respective region. We have very high standards of quality and service – this is what the RITZ Group stands for.
Our vision:
Electricity is the most important form of energy of the future. We will continue to develop and become a leading and profitable global specialist and provider of electrical energy technology solutions!
Ritz and the Ritz Foundation stand for safety, reliability and cross-generational responsibility. People are at the centre of everything we do.
Vision
2024
First year with more than 200 million € expected sales volume Decision for a new factory for high voltage products in Waynesboro, Georgia, USA.
RITZ Group increases turnover
to 150 million due to global demand, reopening of the plant in Waynesboro for High Voltage
2022
2020
Divestment of
Power Transformers division
Distribution of the transformer production
from Wirges to the worldwide RITZ locations
2018
2015
RITZ Kecskemét,
new factory building;
First activities for a new high voltage division are started
RITZ Hartwell, USA,
established with medium and low voltage transformers
2008
2006
Sales of the high voltage division
to the AREVA company
RITZ Shanghai produces in its own factory
2003
1999
Acquisition of middle voltage division and therefore the solid insulated busbar division of MWB, Bamberg Messwandlerbau Bamberg
1994
Acquisition of Duromer
Enlarging the portfolio with cast resin products
Acquisition of Instrument Transformer Division of TuR, Transformatoren- und Röntgenwerk Dresden;
Factory for high voltage products in Waynesboro
1991
1989
Acquisition of WTW, Wirges
Wirges converter and transformer plant
RITZ Foundation By Liselotte Ritz.
Purpose: To support research on Alzheimer’s Disease
1986
1956
RITZ Marchtrenk,
Austria
RITZ instrument transformers, in Hamburg
By Dr. Hans Ritz
1945
