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  ANNUAL REPORT 2007  
COMPANY profile    
 
 
 
   
     
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Reunert is a leading South African company, listed on the JSE in the Industrial Goods & Services (electronic and electrical equipment) sector. Reunert manages a number of businesses focused on electronics and electrical engineering and regularly ranks among the country’s top companies.
 

Established in 1888 by pioneers Theodore Reunert and Otto Lenz, the group has played a major role in the South African economy for more than a century. Reunert & Lenz was first listed in the engineering sector of the JSE in 1948. In 1980 the company was acquired by Barlows and listed in the electronics sector three years later. Reunert was unbundled from Barlows in 1993 and completed a major restructuring in the late 1990s when various non-core or unprofitable businesses were sold or closed.

Reunert strives to achieve first or second position in its key markets through its brands CBI-Electric, Nashua and Reutech. The group’s telecommunication interest is through a 40% stake in NSN. Reunert holds a 48% share in Quince, an asset-backed finance company that complements its Nashua business.

Reunert promotes a decentralised management style. While operating decisions are made by the business units, the Reunert executive team defines long-term strategic plans and investment decisions, and significant capital allocation is approved by the Reunert board.

Reunert’s revenue in 2007 from local and international markets exceeded R9,6 billion. The group has more than 6 500 employees, including many highly qualified and experienced engineers, technicians, research and development professionals and field support staff.

 
 
     
 
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