PWO AG (0NHL)

PWO AG is a Germany-based company specializing in the development, production, and sale of sophisticated metal components and complex subsystems for the mobility industry. Founded in 1919 and headquartered in Oberkirch, it was formerly known as Progress-Werk Oberkirch AG before rebranding in May 2023. The company focuses on lightweight metalforming technology, delivering mechanical components for electrical and electronic applications such as motor housings, rotor housings, and covers for electronic control units. It also produces safety components for airbags, seats, and steering wheel suspensions, alongside structural elements like body components, instrument panel carriers, and air spring pots for vehicle chassis. Operating globally with sites in Germany, Czechia, Canada, Mexico, Serbia, China, and the USA, PWO AG employs around 3,300 people and generates significant revenue from the automotive sector, particularly in Europe and North America. As a key supplier in the auto parts industry, it drives innovations in vehicle efficiency, safety, and sustainability through advanced manufacturing processes.