Annual Figures Released by TGW

Automated logistics solutions provider TGW has released its annual figures, showing revenue growth of 28.17 per cent for the year 2014/15.

Sales revenues of 475 million Euros are up from 370.6 million the previous year. The number of employees across the Group has also risen to almost 2,500. Profit figures have not been released.

President of TGW Logistics Group Georg Kirchmayr said: “This was a very successful year for our company. We have pursued a clear goal over the past few years and we have achieved it.

“In 2000, the company was exclusively active in Germany and Austria. Today, TGW fulfils worldwide orders with entities in 15 countries and production facilities on three continents.” This includes opening a new production facility in China earlier this year.

In the UK, the focus for 2016 will be on e-commerce where demand for automated material handling solutions continues. In support of the company’s international growth plans, TGW has recently launched a recruitment drive for up to 50 new colleagues across the UK and Northern Europe.