WITRON Remains on Course for Success

PARKSTEIN, GERMANY--(Marketwired - May 6, 2014) - The company WITRON continued to register positive growth over the past year. The systems integrator from Parkstein (Germany) was able to increase its turnover to 350 million USD in 2013, representing growth of more than 10 percent as compared to the previous year. With an increase in sales growth of 35 percent, WITRON subsidiary FAS made a significant contribution towards the positive earnings of the WITRON Group. Moreover, the company from Germany also recorded a considerable increase of personnel: For the first time in its 40 year existence, WITRON reached 2,000 employees in 2013.

The continuously growing company has remained on course for success since its foundation in 1971. The significant expansion of the FAS mechanics production marked a new milestone last fall. Nearly all of the mechanical elements for WITRON systems are now being designed and manufactured on a surface of approx. 520,000 square feet within a state-of-the-art environment. Thanks to the expansion of the company FAS, a large number of new jobs have been created at the headquarters in Parkstein.

Well-filled order books in all company sectors are a sign of high customer satisfaction. In terms of sales, the general contractor can point to respectable achievements, among other things, in food retail business and e-commerce. The expansion in the French and Scandinavian markets with multiple new projects has been a particularly satisfying development during the last year. As is the case in Asia where WITRON succeeded in gaining new projects.

The start into 2014 was also very promising. At the beginning of the new year, three new projects with well-known customers in Scandinavia, Southern Europe and North America have already been realized.