Key Market Indicator:
In this news category you will find information from and about companies, organizations, institutions, products of all kinds and in a broad spectrum. To get a quick overview of current trends and developments, it's worth visiting daily.
DE0006968001
Thu, 03.03.2022
Progress-Werk Oberkirch AG
- Profitability increased significantly
- Quality of statement of financial position improved considerably
- Strong increase in new business
Oberkirch, March 3, 2022 - The PWO Group is publishing its provisional figures for fiscal 2021 today. In a very challenging environment again for the economy as a whole and for the mobility sector, we managed [ … ]
Wed, 02.02.2022
Progress-Werk Oberkirch AG
- New CEO of PWO Canada takes office
- Continuing strong growth anticipated at Canadian and Mexican locations
Oberkirch, February 2, 2022 - PWO is delighted to announce the return of Andreas Haas to the PWO Group and welcomes him as the new CEO of its Canadian subsidiary PWO Canada Inc., which he will run jointly with the CFO of PWO Canada, Lana T [ … ]
Wed, 08.12.2021
Progress-Werk Oberkirch AG
Oberkirch, December 8, 2021 - PWO is continuing its tradition of using its Christmas donation to support charitable organizations in the region. This year, EUR 2,000 was donated to the hospice service in Oberkirch (Hospizdienst Oberkirch).
The hospice service comprises women and men from various professions who attend to and assist the seriously i [ … ]
Mon, 22.11.2021
Progress-Werk Oberkirch AG
- Future delivery of a lightweight instrument panel carrier for a major, global vehicle platform
- Order volume of around EUR 130 million
- Annual new business growth target "towards EUR 500 million" thus significantly outperformed; new forecast: "towards EUR 600 million"
- PWO opens up additional growth opportunities in batteries and fuel cells
[ … ]
Mon, 15.11.2021
Progress-Werk Oberkirch AG
- Fleet to be converted to electric vehicles
- Installation of charging network on the company's premises
- Further steps are being taken on the journey to carbon neutrality
Oberkirch, November 15, 2021 - PWO feels strongly committed to protect the living conditions of future generations and therefore strives for sustainable business processes. As [ … ]
Mon, 08.11.2021
Progress-Werk Oberkirch AG
Press releasePWO prepares its Czech site for even faster growth
- Purchase of nearly 15,000 square meters of land
- Expansion of the site over the next 3 years
- Plan to extend the product range with components for the electrification of vehicles
Oberkirch, November 8, 2021 - PWO's Czech site has become one of the Group's strong growth drive [ … ]
Wed, 03.11.2021
Progress-Werk Oberkirch AG
- Good performance despite sector weakness caused by supply bottlenecks
- New business projected to exceed expectations for 2021- Expansion of foreign locations continues
Oberkirch, November 3, 2021 - Generating EBIT before currency effects of EUR 17.3 million, the PWO Group has already achieved the forecast range for 2021 as a whole of EUR 15 [ … ]
Mon, 20.09.2021
Progress-Werk Oberkirch AG
Press releasePWO lays the foundation for even faster revenue growth at its Mexican site
- Groundbreaking ceremony for new logistics hall
- Additional capacity for start-ups and ramp-ups of new series productions
- Expansion of cleaning capacity for metal components with state-of-the-art, sustainable technology
Groundbreaking ceremony for new [ … ]
Mon, 30.08.2021
Progress-Werk Oberkirch AG
- Introduction of a product line-oriented matrix organization in production
- Changes to open up extensive prospects for employees
- Workforce adjustment as part of the site restructuring announced in late 2020
- Additional productivity potential to be harnessed through natural fluctuation
- No further impact on EBIT before currency effects in the [ … ]
Mon, 02.08.2021
Progress-Werk Oberkirch AG
- New business continually high
- Ongoing productivity programs take effect
- Forecast for revenue and EBIT before currency effects confirmed
- Group's development makes good progress
Oberkirch, August 2, 2021 - PWO is today presenting its half-year financial report for the 2021 fiscal year and reporting positive business performance. The success [ … ]