We play an active role in the main growth themes in a world that is rapidly changing: infrastructure, food, energy and climate are the focus of our business. Cities for millions that touch the sky. A richer harvest to feed a growing world. Keeping food fresh and our children warm in a world that can make more out of less.
Our Aspiration: We are Engineering Tomorrow. We passionately push boundaries on results and reputation.
Our Promise: We earn customer loyalty through excellence in Quality, Reliability and Innovation.Our Behaviour: We build our business on trust and integrity. We are innovative in our ambition to exceed expectations. We are global and embrace diversity. We treasure sustainable results.
Our Engineering Tomorrow mindset dates back to September 1, 1933, when Mads Clausen founded Danfoss in his parents’ farmhouse in Nordborg, Denmark. Since then, the business has grown from a solo enterprise into one of the world’s leading suppliers of energy-efficient and innovative solutions.
We strive to deliver solid and sustainable financial results. Find the latest information about our financial performance here, or browse through the archive of reports, presentations and press releases.
In the Media Center, you will find news and photos as well as more information about Danfoss and our social media accounts. Please feel free to use the materials for background research or articles.
Danfoss Media Relations can be reached 24/7 at: +45 70 20 44 88
If you want to create powerful engineering solutions, drive a sustainable future across infrastructure, food, climate and energy, Danfoss is where you’ll make a real impact.If you are an experienced professional ready to bring forward your ideas, then Danfoss gives you the freedom to do so. If you are a graduate or student wanting to start your career, we give you a range of opportunities for growth. So start engineering tomorrow – today at Danfoss!
Engineering Tomorrow doesn’t just happen. It starts with your commitment to excellence and your determination to delve deeply into complex challenges. That’s why we empower you to take your ideas further: to apply your field of expertise, and to find ever more simple solutions to ever more complex challenges.
Join the Danfoss team today! Experience the satisfaction that comes with working for a global company that empowers you to make an impact.
Procurement is handled by a global organization which is divided into a centralized category management team and divisional operational purchasing units. More than 400 colleagues worldwide focus on all procurement areas. Procurement at Danfoss aims to ensure full engagement and commitment towards all commercial levers, Quality, Code of Conduct, and continuous improvements.
Materials and services are divided into four main categories. See the materials relevant to your business and fill out the supplier application.
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Danfoss has previously on two occasions offered shares to the employees. In addition, the Bitten & Mads Clausen’s Foundation in 2004 offered a total of 10,000 shares for sales via the so-called ”10,000 pool”. Shares from this pool can only be sold back to Danfoss in a period of three weeks following the Annual General Meeting in April. Danfoss buys back employee shares when shareholders wish to realize them. When selling employee shares one of the forms below must be used:
Sale of Danfoss shares
Shares in a Danske Bank deposit The completed form must be returned to: Mail: Danfoss A/S, att. Benedicte K. Frandsen, Nordborgvej 81, A976, DK-6430 Nordborg E-mail: Benedicte@danfoss.com
Provided that the form is received no later than on the third Tuesday of the month, the sales proceeds will be deposited on the dividend account associated with the deposit within the following 4-5 banking days. In the summer holidays (July) there is no settlement.For international transfers, please make sure to provide the following information when you submit the form: SWIFT address of your bank Name and address of your bank IBAN and account number in your bank The account number in Danske Bank A copy of first-class identification, e.g. your passport or driving licence and a copy of your national ID card or social security card. The copy must be duly verified by two witnesses to the signature. You may use the template for proof of identity. Documentation from a public authority that confirms your name and private address. Shares in a bank, other than Danske BankThe completed form must be returned to the bank.
Dividends are determined by the General Meeting upon recommendation from the Danfoss Board of Directors. Dividends are paid out in Danish kroner and is deposited on the dividend account associated with the share deposit.
Taxation upon share sales Taxation upon share sales varies from one country to another. In Denmark profit from share sales is taxable and must be declared to the Danish tax authorities. The shareholder is responsible for reporting taxable profit. Taxation upon dividends Taxation upon dividends varies from one country to another. In Denmark dividends are taxed 27%. Danfoss retains and pays in tax upon dividends paid out in Denmark and in countries with which Denmark has signed joint taxation agreements (Belgium, Canada, Greece, Holland, Ireland, Luxembourg, Norway, Switzerland, UK, Sweden, Germany and the US). Share holders are responsible for controlling whether dividends have been correctly declared on their income tax return. Danfoss does not advise share holders in tax matters but urges shareholders to seek independent advice concerning their tax matters. Furthermore, Danish share holders are referred to SKAT, phone: +45 7222 1818.
Please note: If liable to DK taxation, tax must be paid of Danfoss shares transferred to a pension deposit – like in case of a sale.
The Danfoss share price is set once a year by Danske Markets (part of Danske Bank A/S) immediately before the annual general meeting in April. The share price is calculated on the basis of, among other things, the financial performance of Danfoss, the Group’s expectations to the upcoming year, its ability to meet expectations, the financial development of a number of comparable companies and their expectations for the future as well as the general development in the stock markets.
Danfoss’ annual general meeting is held every year in April. The rules governing the convening and the holding of the general meeting is laid down in Danfoss ‘Articles of Association..