The story
The company was founded in Vienna in 1907 in Wattgasse 53 within the 16th district Ottakring. The company's history began in the era of electricity. Lorenz Naimer, founder and financier of the company as well as his partner Franz Kraus, who was responsible for the technical development and implementation, carried out research in the field of electrical special machines. On 28 September 1909, the company was officially renamed Kraus & Naimer. In 1912, the company relocated to Schumanngasse 35 in the 18th district Währing, which was extended in the years 1947–1961. Between 1968 and 1970 an additional production facility was built close to Vienna in Weikersdorf, Lower Austria. In 1989/1990 a state-of-the-art assembly facility was added; in 2013 the facility was roughly doubled in size.
In 1947, Hubert Laurenz Naimer took over the management of the company from his father Lorenz Naimer, which he developed into a global corporation through innovations and global business drive until his death in 2004. In 1981, his son Joachim Laurenz Naimer joined the management of the company and he has been running the company since 2004.
From Wikipedia’s article on Kraus & Naimer, shared under CC BY-SA 4.0.5
