LEM is a focused manufacturer and global market leader in producing high-quality transducers for measuring electrical parameters.
LEM has the strongest brand recognition in the markets it covers and its products are used in a broad range of applications. Starting with products for locomotives in the seventies, LEM expanded into a vast area of industrial applications, including the following:
All these applications show LEM’s ability to adapt to rapidly changing industrial trends, such as miniaturization, higher performance levels and a greater degree of application, integration and complexity.
LEM's strategy is to increase its technology leadership, efficiency and production flexibility. At the same time, LEM is committed to maintaining customer focus and operational excellence by running cost-effective and service-oriented production platforms.
LEM is a global organization with production plants in Beijing (China), Geneva (Switzerland), Tokyo (Japan) and in Sofia (Bulgaria). The Company has sales offices close to its main clients' locations and offers seamless service around the globe.
It is vital for all of LEM to share common values and working principles. All employees understand what LEM wants to achieve so that everyone works together for the same purpose. These values link all LEM employees together and make us a team. They are the common beliefs we share. They are the spirit and intent of everything we do at LEM.
We succeed by exceeding our customer expectations with a “yes customer” attitude. All our activities are driven by the desire to provide best quality service. We aim to listen, anticipate and respond to our customers’ needs. For this reason, we collaborate closely with them and form true relationships.
Basic ethical behavior and integrity in business relationships determine the essence of all our actions. As a company and as individuals, we do the right things right and never compromise our values and principles. We honor our agreements and are transparent in our communications. Our relationships with co-workers, customers, suppliers, partners and the investor community are based on openness and fairness.
LEM forms a worldwide community. Close collaboration and networking across functions, departments and cultures is critical for the success of the company. We nurture relationships based on sharing, honesty and trust. Accountability is a key factor to our success. We are committed to a workplace where individuals are treated fairly and with respect, where all employees have the opportunity to expand their skills and accomplishments are recognized. Teamwork is more than just working together it is bringing out the best of everyone’s strengths.
We set our goals high because we know we can reach them. We honor these goals as promises to our customers, our shareholders and ourselves. Our continued success depends on taking responsibility for all our actions. This success is measured by the results we produce in customer satisfaction, sales, profitability, value creation to our shareholders and employee development.
No matter how good our products, services, process and results, we are dedicated to making them better. Our customers deserve nothing less than the highest standards of quality. By approaching our daily work with a passion for perfection, rigorously managing risks, taking initiatives, fostering learning and knowledge sharing, we can all make a difference.
Innovation is the cornerstone of our success and our future depends on it. By thinking out of the box, we adapt to tomorrow’s requirements. We develop a steady supply of innovative technologies, attractive products, new applications and customers. True to our innovative spirit, we aim to be the leaders in our industry and not the followers.
LEM is committed to sustainable development and has a long tradition of acting responsibly. While carrying out fundamental structural changes in the last few years we ensured they had no impact on LEM’s economic, environmental or social aspects of LEM’s activities.
Economic performance comes first. The company targets growth and high profitability. All our divisions operate in attractive markets. Thanks to their leading positions and increasing efficiency, they all have high-value creation potential.
LEM is a responsible and attractive employer, giving employees the opportunity for personal growth in a challenging and rewarding environment. Cooperation between social partners is part of our corporate tradition and played a pivotal role during our corporate restructuring process.
LEM has two main ecological areas of focus:
LEM seeks to maintain or reduce energy and water consumption as well as waste volume levels per employee and per value added at every single location. In addition, LEM has strict policies in place to prevent environmental accidents.
Our divisions offer products and services that are highly eco-efficient and we help our customers to combine lower costs with reduced environmental impact.
The LEM Code of Conduct outlines the behavior LEM expects from every stakeholder around the world:
• Employees, including temporary workers & managers.
• Business partners, including suppliers, subcontractors, consultants, distributors, agents and other third parties.
LEM employees and stakeholders apply these business principles to their daily work and behaviors by providing customers with high-quality products but also by doing things right. This means, abiding by applicable laws, acting honorably and treating each other with respect.