Industrial Utility Efficiency

Pfeiffer Vacuum to Invest €75 Million in its Annecy Location


In mid-May, Pfeiffer Vacuum Technology AG, one of the world's leading suppliers of vacuum technology, announced a seven-year, €75 million investment plan for its Annecy site at the "Choose France" summit for foreign investors.

CEO Dr. Britta Giesen had the honor of attending the "Choose France 2023" summit in Versailles on May 15 at the invitation of French President Emmanuel Macron. The international investor meeting brings together hundreds of executives from major international companies every year. The goal of this summit is to stimulate international investment in France. "Our investment plan will serve to modernize and digitalize our production in order to continue our growth. We want to double the operations of our French subsidiary with a sales target of €600 million by 2030 and create 100 to 150 additional jobs," said Dr. Britta Giesen, CEO of Pfeiffer Vacuum.

Pfeiffer Vacuum location in Annecy.

During the same period, the Group intends to accelerate its course to reduce its CO2 emissions in Scope 1 and 2 to net zero by 2030. "Reducing our CO2 emissions should also motivate employees, suppliers and customers to develop innovative solutions for environmentally friendly technologies," said Dr. Giesen.

Pfeiffer Vacuum's location in Annecy has the advantage that most of its employees live nearby. "This allows us to reduce commuting and encourage the use of public transportation. Today, 20% of our employees already come to work on foot or by bicycle. It's excellent that even some no longer own a car," said Guillaume Kreziak, the managing director of Pfeiffer Vacuum SAS, the group's French subsidiary.

About Pfeiffer Vacuum

Pfeiffer Vacuum is one of the world’s leading providers of vacuum solutions. In addition to a full range of hybrid and magnetically levitated turbopumps, the product portfolio comprises backing pumps, leak detectors, measurement and analysis devices, components as well as vacuum chambers and systems. Ever since the invention of the turbopump by Pfeiffer Vacuum, the company has stood for innovative solutions and high-tech products in the analytical, industrial, research & development, semiconductor and future technologies markets. Founded in 1890, Pfeiffer Vacuum is active throughout the world today. The company employs a workforce of some 4,000 people and has more than 20 sales and service companies as well as 10 manufacturing sites worldwide. For more information, please visit