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Weg (WEGZY) Payments on Behalf of Employees


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What is Weg Payments on Behalf of Employees?

Payments on Behalf of Employees only applicable to companies reporting Cash Flow from Operations in direct method.


Weg (WEGZY) Business Description

Industry
Traded in Other Exchanges
Address
Avenida Prefeito Waldemar Grubba, 3300, Jaragua do Sul, SC, BRA, 89256-900
Weg SA produces and sells electric motors, generators, control systems, and other industrial devices worldwide. The company has three reportable segments: industry, energy, and foreign (outside of Brazil). The industry segment manufactures various motors, drives, controls, and equipment for industrial automation. Energy products primarily consist of electricity generators for power plants, turbines, control systems, and transformers to aid distributed energy systems and solutions.