The history of the VEM Group begins at the start of the th century. The three German locations that today make up the VEM Group, initially developed completely independently of each other as separate companies that grew together in the course of history. Today, the company can look back on a history of more than years, built on a culture of innovation, technical expertise and the highest level of engineering, which still characterizes the VEM Group to this day.

The factory which includes the most modern and complete production equipment, storage capacity, quality control system and advanced technology is situated in South West of Tehran (Ahmad Abad Mostofi District) on a , m plot. The factory itself occupies , m of built land. Electrogen with employees is the leading manufacturer of over different types of industrial and household electrical motors, such as various types of air-conditioner and washing machine electrical motors, water-cooler pumps, and various types of gas and oil burners in Iran. Products of Electrogen are in the range of . to kw and conform to international dimensions and standards.

Following commissioning of the machining centres in October , EMAG provided on-site training for the operators. One of them is Dirk Schubert. He manufactures end shields of all sizes in grey cast iron or aluminium for projects requiring batches of at least  workpieces. The EMAGs can also be used for contract production for other VEM locations. There is now nothing in the way of progress to the next step.

When the shaft end machining centre enters production
in the third quarter of , it will realise several techno- logical benefits. The swivel-head milling spindle will permit the machining of shaft ends for all shaft heights required
in Wernigerode. In the past, the unmachined shafts had
to be sent to an external provider to be cut to length and centred. In future, these process steps can be handled
on the new machine. That not only enhances in-house value creation, but also enables better and more flexible response to individual customer wishes. Another plus: Inhouse manufacturing is a key to even higher quality, thanks to unbroken monitoring of the production process.

VEM is an innovative, internationally-active and reliable manufacturer of technically sophisticated system and drive solutions, custom drives and single components. The output capacity ranges from . kilowatts to megawatts / megavolt ampere. Continuity and reliability, including in the future, this is what the production and service at VEM stands for. The engineering and quality of the products with the VEM logo are trendsetters within the market.