• Cooling India
  • Sep 15, 2015

Senator h. c. Peter Schaufler has passed away unexpectedly in Salzburg. The CEO and owner of long-standing BITZER Group reached the age of 74 years. As the CEO and company owner, he managed BITZER with endless dedication for 36 years, and turned the long-standing company into the world’s largest independent manufacturer of refrigeration compressors.

     When Senator h. c. Peter Schaufler took charge of BITZER in 1979, he systematically gave the company an international focus. He turned the Swabian company into a global player, and a driver of innovation for the entire refrigeration and air conditioning sector. BITZER now counts on 3,400 employees in more than 90 countries and turnover of 657 million euros, making it 50 times the size it was when Senator h. c. Peter Schaufler took the helm.

     His decisions demonstrated entrepreneurial courage at all times. For example, he founded a joint venture with a Chinese company in Beijing back in 1994. The Peter Schaufler era was characterised by values such as hard work, ingenuity and quality, which are now firmly rooted in the BITZER corporate culture. His forward-looking business policy and his willingness to rise to challenges allowed him to conquer new markets, and to successfully introduce compressor technologies to the market, such as screw compressors in 1983 and scroll compressors in 2002.