Von Roll Holding AG is a Swiss industrial group that operates worldwide that was founded in 1803. As one of Switzerland's longest-established industrial companies, Von Roll focuses today on products and systems for electrical applications such as power generation, transmission, and storage as well as e-mobility and industrial applications. It made gondola systems, monorails, and funicular systems at attractions in various countries.
History
Von Roll has its roots in the Eisenwerke der Handelsgesellschaft der Gebrüder Dürholz & Co. (Ironworks of the commercial firm of the Brothers Dürholz & Co.) which was established in 1803. This firm was then taken over in 1810 by Von Roll & Cie, newly formed by Ludwig Freiherr von Roll (1771–1839) and Jakob von Glutz. In May 1823, Ludwig von Roll founded the Gesellschaft der Ludwig von Roll'schen Eisenwerke which benefited from industrialization and railroad construction that demanded a lot of iron.[1]
Von Roll participated in the construction of the Wetterhorn Elevator in 1908.[2]
The business developed into one of the most important industrial groups in Switzerland with more than 10,000 employees in the 1970s. Like other Swiss companies, Von Roll suffered during the oil crisis of 1973. The company underwent financial restructuring after financial restructuring, seemingly without end. As recently as 2003, Von Roll had to fight for its survival. At the end of 2002, following the accumulated losses of previous years, Von Roll's equity capital had shrunk to 10.3 million.