16.02.2017 | Record year for Raumtechnik
In the fiscal year of 2016, Raumtechnik Messebau & Event Services GmbH from Ostfildern recorded a revenue of 84 million euros, showing a strong growth of 27 percent.
Around 340 exhibition projects and event structures were realized in 30 countries across the globe. Fifty-eight percent of revenue was generated with projects outside Germany, including in Peking, Shanghai, Guangzhou, New Delhi, Tokyo, Los Angeles, San Francisco, Las Vegas, Dubai, Moscow, Geneva, Paris, Barcelona, and more.
It was a record year in the nearly 65-year history of the company, explains Managing Director Achim Reinhuber. Profitability was also more than satisfactory. “Our competition is tough and our conditions not necessarily easy, but our profitability remains one of our strengths and is an indicator for excellent operational efficiency in the industry,” states Reinhuber. To stay on this successful track, a subsidiary in Tarnowskie Góry, Poland, was established in mid-2016.
Business in China is going just as well as in Ostfildern. With a company-owned production site, Raumtechnik has had local project managers in Shanghai for over six years. The operating area has now grown to over 8,000 m². The site has 50 salaried employees, and up to 120 with temporary workers in peak seasons. The sales revenues of the Chinese subsidiary increased by 22 percent in 2016, now reaching over 13 million euros.
This success is gratifying not only for executive management, but also for employees, who have received their share in the success – as has been the tradition at Raumtechnik for many years. Around one million euros of profit success-based payments and performance bonuses have been transferred in total.