In the business year 2011/2012 (concluded on 30th June), TGW generated revenues of more than 362.3 million Euros. This is an increase by 22 per cent compared to the previous year. The EBIT amount to 17.9 million Euros. TGW now employs more than 1.500 people and will be further expanding its headcount.

Expansion in Austria and worldwide

The international orientation of TGW has been pushed on during the past few years. A new entity was founded in Shanghai and in the medium term, a new production site should be built there. In Brazil, a joint venture with a local company in São Paulo was established, to be able to work the South American market. The newly founded subsidiary in Switzerland not only serves the local market, but is also available as competence centre for highly dynamic logistics installations. Since recently, the representation office in Istanbul has worked the Turkish market, and an own office in Denmark has been established from where the Norwegian market is served, too.

Future potential predominantly outside Europe

On the whole, TGW counts 14 entities in Europe, North America, South America and Asia. There are production sites in Austria, the US and Brazil. The long-term goal is to operate production sites on all continents, which are relevant for automated materials handling solutions. In the current core market Germany, the industry is working to capacity. In general, the level of automation is basically very high in German speaking areas. This particularly applies to the automotive and the mechanical engineering industries. The focus of automation projects in Europe is shifting towards the retail business today.