Woodward GmbH, Stuttgart, develops and manufactures electronic measuring, monitoring, testing and control devices as well as monitoring and control systems for power generation plants and sells these products. In fiscal year 2007/2008 the company recorded revenue of EUR 28,522,632.05 and splits sales into the business divisions Electrical Power Systems (EPS) with EUR 20,000,000 and Engine Systems (ES) with EUR 8,500,000. The Stuttgart site increasingly acts as a hub within the EPS business unit with growing responsibilities in strategy development, business development, sales, HR, finance & controlling, quality management and program management. The workforce at the Stuttgart site increased during the year from 117 to 129 employees.
Entwicklung und Herstellung von a) elektronischen Meß-, Überwachungs-, Prüf- und Regelgeräten, b) Überwachungs- und Regelsystemen für Stromerzeugungsanlagen und deren Vertrieb.
Converted using the official Destatis and Eurostat correspondence tables; ISIC Rev. 4 is the United Nations' international industry classification.
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Source: German Commercial Register (Handelsregister) Stuttgart Local Court, HRB 14131 (as of 23 October 2026)
| Name | Type | City |
|---|---|---|
| Tobias Ostgathe | Geschäftsführer(in) | Gerlingen |
| Martin Schulz | Geschäftsführer(in) | Hochdorf |
Source: German Commercial Register (Handelsregister) Stuttgart Local Court, HRB 14131 (as of 23 October 2026)
| Date | Event Type | Event |
|---|---|---|
| 06.07.2010 | Business Address Registered | Handwerkstr. 29, 70565 Stuttgart |
| 28.08.2007 | Company Name Change | Woodward GmbH |
| 28.08.2007 | Gesellschaftsvertrag amended | Gesellschaftsvertrag |
| Date | Type | Change | Total Capital |
|---|---|---|---|
| 28.08.2007 | Capital Decrease | -143.680 € | 150.320 € |
| 02.11.2005 | Share Capital Set | — | 294.000 DM |
Source: German Commercial Register (Handelsregister) Stuttgart Local Court, HRB 14131 (as of 23 October 2026)
| Year | Revenue | Profit | Balance | Employees |
|---|---|---|---|---|
| 2008 | €28,522,632 | €0 | €8,622,177 | — |
| 2007 | €31,435,809 | €0 | €9,530,610 | — |
| 2006 | €23,827,057 | €0 | €7,772,512 | — |
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Source: German Commercial Register (Handelsregister) Stuttgart Local Court, HRB 14131 (as of 23 October 2026)
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| Cost type | Amount | Share |
|---|---|---|
| Cost of Goods Sold | €16,970,905 | 69.0% |
| Selling Costs | €1,741,573 | 7.1% |
| Admin Costs | €3,471,169 | 14.1% |
| R&D Costs | €2,415,900 | 9.8% |
