Fergo Industries

Fergo Industries

Headquarters in Klinstrup
Type	Public
Traded as	KSE: FGI
Industry	Conglomerate
Founded	1937
Founder	Frederik Arnesen
Headquarters	Klinstrup , Littland
Area served	Worldwide
Key people	Otto Stenberg Møller, CEO
Products	Steel, copper extraction, stainless products, aluminium, industrial automation, power tools, engineering, diesel and gas, industrial machines and equipment, logistics and freight forwarding
Revenue	133.29 billion Đ (2021)
Net income	8.72 billion Đ (2021)
Total assets	306.19 billion Đ (2020)
Owner	Arnesen Family (13.6%)
Number of employees	435,000 (2021)
Divisions	Fergo Steel and Copper Fergo Machinery and Automation Fergo Mining and Extraction Fergo Energy Fergo InterTrade
Subsidiaries	Main Shareholder: AXT Inc. (82.5%) Zeeth (81.6%) NanoSolutions (62.3%) Wazzasoft (61.9%) AeroGroup (58.6%) Nocobot (51.3%) International: Fergo Argis Fergo Europa Fergo Alharu Fergo Aurelia Fergo Thassala Fergo Marenesia

Fergo Industries is Littish industrial conglomerate and Littlands largest company by revenue.

Operations

The operations are organized into five business sectors:

Finances

Values in Đ billions

Year	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019
Revenue	92.31	102.67	101.26	110.21	111.15	112.56	115.86	116.33	114.92	126.22	131.40
Net Income	5.88	-1.64	-3.20	-12.10	-7.39	-4.61	-1.13	-0.56	0.04	4.05	11.58
Assets	111.62	113.98	112.56	122.93	175.28	191.98	204.70	222.96	265.68	279.92	284.16

Controversies

Carbon Footprint

Fergo has often been criticized for its large carbon emissions, being Littlands single largest carbon producer. In 2020 Fergo emitted a total of 24,100 kilotonnes of CO2. The company has promised to half its carbon emissions by 2030 as part of the government program "Clean Littland".