Wittmann is Looking Ahead With Optimism

Despite the economic slowdown in the automotive sector and Covid-19 restrictions, the WITTMANN Group reports a more than positive development in its business, with an increase in order intake and several expansion plans in the pipeline.

In the second half of 2020, the WITTMANN Group has seen excellent development in its business, despite the economic slowdown in the automotive sector and Covid-19 restrictions, and this trend is continuing in 2021. This development has paved the way for further investments.

The WITTMANN Group‘s order intake has substantially increased, mainly from the second half of 2020 onwards, and reached a new record level in February 2021. An increase has been registered across all markets and sectors of industry.

Michael Wittmann, Managing Director and CEO of the WITTMANN Group, stated:

Based on the current order backlog and continuing very positive order situation, we are looking forward to a two-digit increase in sales for 2021. From today’s point of view, we expect to reach the figure of 2019 once more and maybe even exceed it.”

The Group’s staffing level of 2,200 associates is also currently slightly above that of last year.

Since the end of January 2021, WITTMANN Kunststoffgeräte GmbH in Vienna has now been operating under its new, more international company name WITTMANN Technology GmbH. For WITTMANN’s two production facilities in Vienna, a major remodelling of its headquarters in Lichtblaustrasse is planned for 2021, together with an extension of the building in Percostrasse. The latter involves an extension of the R&D departments in the areas of mechatronics and software development. An additional 1,050 m² of office and test lab space will be created.

Another noteworthy investment is imminent at WITTMANN BATTENFELD in Kottingbrunn. Here, a fully automatic pallet racking system with about 1,500 pallet bays will be built. For this purpose, the construction of an extension to the existing building to provide about 3,000 m² of additional space will start in May. Completion and commissioning is scheduled for 2023. In addition to the fully automatic pallet racking system, this extension will house a separate storage and order picking area, as well as assembly space for vertical and large machine models and a new electrical workshop.

Rainer Weingraber, Managing Director of WITTMANN BATTENFELD GmbH, commented:

This investment will help us to make the production process even more efficient and to continue on our course of growth. It will be a further milestone for the production plant in Kottingbrunn.”

The investment projects of the WITTMANN Group planned for the current fiscal year for its subsidiaries concern primarily China, Hungary and Bulgaria. The facilities at these locations are to be further extended.

Michael Wittmann added:

With these planned investments, we will be optimally prepared for the challenges of the next few years in the areas of development as well as logistics and sales.”

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