Panasonic Automotive & Industrial Systems Company Europe
The formation of PAISEU brings together the formerly separate legal entities of Panasonic Automotive Systems Europe, Sanyo Components Europe, Panasonic Industrial Devices Sales Europe, and - as a subsidiary and still separate legal entity - Panasonic Electric Works (PEW) Europe.
PAISEU - including its subsidiary PEW - will create a business with more than1250 employees in Germany and several thousands in Europe. It follows the global Panasonic announcement in April 2013 of the creation of a global four-company structure operating under four distinct organizations: Automotive & Industrial Systems, Eco Solutions, Appliances and AVC Networks.
Through its Automotive & Industrial Systems Company, Panasonic is looking to drive industrial innovation, as well as synergies and automation with its extensive range of business partners. This includes striving to create a safer, more innovative and environmentally-friendly automotive industry. From entertainment systems to green energy solutions (such as batteries, heat pumps, and energy management solutions), Panasonic’s advanced technology and expertise expands the possibilities of future car development.
The Automotive & Industrial Systems Company also integrates manufacturing, sales and development of electronic components, electronic materials, semiconductors and storage devices. Central to this is engaging with major global industrial markets that demand specialised technologies to enhance their production processes. Additionally, the Company also provides manufacturing machines and factory solutions to build comprehensive production lines.
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