Kistler Group Continues to Expand

Press Release
Tuesday, September 11, 2012

Kistler Group continues to expand: revenues up 20 %, strengthening of customerspecific development capacities with new Tech Office in Heidelberg, building up of software development team in Bratislava, investments at the Winterthur site


The Kistler Group is maintaining its high pace of growth. After the first eight months of the year, the Group is reporting revenues of CHF 171 million, representing a rise of 20 % compared to the previous year. The workforce both at the head office in Winterthur and at other group sites has been further expanded.


In contrast to the general trend in the industry, and despite the unfavorable euro exchange rate, the Kistler Group recorded a very positive business performance in the first eight months of the year. Revenues and order intake rose by 20 % and 5 % respectively compared to the same period last year. All three divisions (Automotive Research & Test, Industrial Process Control and Sensor Technology) contributed to this positive result.


Technology and innovative strength, combined with customer proximity, are the crucial success factors of the Kistler Group. Major progress has been made in all these areas in the last few months:

 

  • The acquisition of the Digital Transducer Interface (DTI) technology from Hentschel System GmbH of Hannover enables the Kistler Group to offer more efficientmeasurement instrumentation solutions for vehicle technology. The DTI technology is being deployed in the new Tech Office in Heidelberg, Germany
  • The building up of a software team in Bratislava strengthens the Group’s capability in the development of system solutions and reduces development costs. Ultimately, 20 developers will develop software for the Kistler Group at the Bratislava site
  •  In response to the strong growth of the Eastern European market, the Kistler Group has opened additional sales support centers in Poland and Romania
  •  Over CHF 10 million has been invested in new plant and equipment in recent months to secure the long-term future of the Winterthur production site


The Kistler Group’s growth objectives can only be met through the targeted development of its workforce. 70 new full-time posts were created across the Group as a whole in the first eight months. Recruitment is continuing at full speed to fill the vacancies, not least those at the Winterthur site.


CEO Rolf Sonderegger is guardedly optimistic with regard to the rest of the year: "Demand from the automotive industry has remained high, and massive production capacities are being developed worldwide. We will post good results again in 2012. As of 2013, however, we expect a decrease in demand and must therefore keep a close watch on general market trends. For the long term, by contrast, Kistler is extremely well positioned. Vehicles are becoming ever safer and engines steadily more efficient, not least thanks to the continued
development of measurement technology."

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter January 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Technology

The Next Generation of Hull Performance Management

Hull performance monitoring solutions can offer significant fuel savings potential, a fact that is prompting growing interest from the maritime industry. To spur

Honda Marine on Display at Miami Boat Show

Honda Marine is set to market its complete range of outboard marine four-stroke engines at the 2016 Miami International Boat Show, February 11-15, 2016.   At this year’s show,

GTT, DSME Partner for NO96 Max Development

GTT signs a cooperation agreement with Daewoo Shipbuilding & Marine Engineering aiming at the industrialization of its NO96 Max technology   GTT, a designer of

Software Solutions

Danelec Marine Making Free ECDIS Upgrades

Ships with older Danelec ECDIS models are being upgraded to new hardware and software   Danelec Marine has launched a program to provide free upgrades of shipboard

Interactive Map Highlights Shipping's Global Security Threats

Ship owners and managers can now view what security threats a country poses to shipping lines with the click of a button thanks to a new live interactive map.   The

DCNS Deploys 3DEXPERIENCE Solution

Dassault Systèmes and DCNS partner on the 3DEXPERIENCE innovation platform for next generation naval defense solutions   Multi-disciplinary, Collaborative Innovation

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Offshore Oil Pipelines Salvage Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0745 sec (13 req/sec)