Schottel is a manufacturer of propulsion and steering systems for ships and offshore applications. The company founder Josef Becker invented the rudderpropeller, a z-drive, in 1950. Today the company develops and manufactures azimuth propulsion, maneuvering and steering systems. In 2014 the subsidiary Schottel Hydro was founded to bundle up the company activities in the hydrokinetic energy segment.
Received revenues in Russia in 2021, there is no any official announcement