News

Financial statement of the business year 2011/2012

22.08.2012

TGW on the road to success

The materials handling company TGW from Wels, Austria, is on its way to becoming an international corporation. After having opened new sites in China, Brazil, Turkey, Switzerland as well as Denmark, the company wants to be present on all relevant and international core markets by 2015. This reports TGW’s president Georg Kirchmayr on today’s financial statement press conference in Linz. In the business year 2011/2012 (concluded on 30th June), TGW generated a revenue of more than 362.3 million Euros. This is an increase by 22 per cent compared to the previous year. Considering the year before, TGW grew another 34 per cent. The EBIT amounts to 17.9 million Euros. TGW now employs more than 1.500 people and will be further expanding its headcount.