Germany-headed processing technology provider Vecoplan AG reports achieving a record 2022, its third consecutive record year. Revenue continued to increase to a new high, and the order intake also remained high.
According to the company, a key reason behind this success is that Vecoplan Group, a leading provider of machines and systems for preparing and handling primary and secondary raw materials for material and thermal recycling, has positioned itself particularly broadly and oriented itself on the future.
In the past year, we were able to significantly increase our revenue again, putting us at a new record high said Ina Hannen, CFO of Vecoplan.
The order intake also remained at a consistently high level.
The largest single order in the company’s history is also progressing as planned, Ina Hannen said.
Based in the Westerwald region of Rhineland-Palatinate, the company delivers and installs mechanical processing and storage technology to produce bio-based thermoplastics.
Our continued success is primarily anchored in our broad positioning. The customers come from a wide range of industries. Our extensive product portfolio in complete processing technology supports them as partners in single machine orders, complex systems, and even mega projects, commented Werner Berens, CEO of Vecoplan.
Vecoplan has focused on product development in recent years to ensure this approach. The machine builder also presented its latest innovations at the IFAT and K trade fairs in 2022.
The company exceeded visitors’ expectations and generated more interesting contacts than in the years before the coronavirus (Covid-19) pandemic.
Bullish outlook for 2023
In the past year, the mechanical engineering company also increased its workforce by more than 50 employees in a wide range of business areas.
Vecoplan places great emphasis on the integration and development of personnel. However, the company also focuses on training and developing its own junior staff and giving them long-term prospects.
We will continue to invest this year. A double-digit sum in the millions will flow into expanding our production and further internationalizing the Vecoplan Group, said Werner Berens.
Vecoplan Group is driving forward with internationalization. Among other locations, the company expanded its branch in Italy and opened a new sales and service centre in France in 2022.
Other sites in different countries and regions are planned.
With these measures, we’re responding to the continuing high volume of inquiries and offers, ended Ina Hannen.
