Systemair is a leading ventilation company with operations in 38 countries in Europe, Asia, Middle East, South Africa , North America and Australia. The company generated sales of €330m during the last financial year and has approximately 1850 employees. Since the foundation in 1974, Systemair has increased its turnover every year while maintaining good profitability. During the last 10 years, the average annual growth in net sales has been approximately 16 percent. The company has a well established presence in growth markets, especially in Central and Eastern Europe, including Russia. The products are marketed under the brand names Systemair, Frico, VEAB and Fantech.