Originating as a tower crane manufacturer, Liebherr Group has since expanded its operations into manufacturing cranes and aerial platforms, earthmovers, concrete handling equipment, machine tools, automatic systems, household appliances, material handling equipment and mining equipment. The company was founded in Germany, but has since moved its headquarters to Bulle, Switzerland. Liebherr currently employs a workforce of over 43,800 employees worldwide, the majority of which were based in European countries such as Germany and Austria, as well as in Australia and Asia.
In the fiscal year of 2017, Liebherr reported global sales and revenue streams of around 9.8 billion euros (or about 11.7 billion U.S. dollars); in terms of geography, the family-run firm generated the largest share of its revenue from activities in Western Europe. The earthmoving segment contributed nearly 2.5 billion euros (or approximately three billion U.S. dollars), making it the largest source of revenue in the fiscal year of 2017. That same year, Liebherr made investments of about 749 million euros (or around 897 million U.S. dollars).
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