Renk Aktiengesellschaft Stock

Renk AG is a Germany-based manufacturer of specialty gears, components of propulsion technology and test systems. It diversifies its products and services into three divisions: Slide Bearings; Special Gear Units, and Standard Gear Units. The Slide Bearings division supplies hydrodynamic, lubricated slide bearings for electric motors, generators, pumps, blowers, water turbines, conveyors and marine applications. The Special Gear Units division supplies marine gear units for fast craft and naval applications with up to 80-MegaWatts (MW) power transmission capacity, as well as stationary gear units for wide-ranging industrial environments including the cement industry and energy production. The turbo gear units have capacity of up to 140 MW. The Standard Gear Units division encompasses large-gear production and specializes in marine gear units for merchant ships and supply vessels, among others, as well as manufactures gear units for turbine plants and couplings for industrial use.