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Modern Plastics TV

Arburg Among The World Market Leaders Once Again!

Ginu Joseph by Ginu Joseph
January 27, 2024
in PRESS RELEASE
Arburg Among The World Market Leaders Once Again!

Arburg in Lossburg: Since its foundation 100 years ago, the family-owned company has remained true to its main development and production site.

Arburg Among The World Market Leaders Once Again!

  • Ranked in the top 450 of German companies and even the top third
  • Strict criteria of the University of St. Gallen fully met
  • Arburg Managing Partner Michael Hehl: “We are most proud and would like to thank all of our employees!”

To achieve this, you have to have done a lot of things right! Once again, Black Forest injection moulding machine manufacturer Arburg from Lossburg is back on the list of German world market leaders. Every year, the University of St. Gallen lists the top 450 companies “Made in Germany” based on a number of strict criteria. Arburg has met all of them and outstandingly too!

Proud to be ranked among the 450 German global market leaders: Michael Hehl, Managing Partner and Spokesman for the Management Team.

The World Market Leader Index is compiled by the Swiss University of St. Gallen under the academic direction of Professor Christoph Müller. The co-operation partner is the Academy of German World Market Leaders, led by former Baden-Württemberg Minister of Economic Affairs Walter Döring.

It is based on a database with 1,300 entries of potential world market leaders. The best of the best are filtered for the list based on strict criteria.

The requirements that companies have to fulfil include being number one or two worldwide in terms of turnover in a relevant market segment.

With 875 million euros. Arburg is in an excellent position for 2022. In addition, at least 50 per cent of the annual turnover must be generated abroad and on three continents. Arburg achieves a 70 per cent export share on six continents.

Family tradition from the Black Forest

In addition, the owners must be based in Germany, at least in part. As the family business has been firmly rooted in Lossburg for exactly 100 years, this was not a major hurdle. Michael Hehl, Managing Partner and Spokesman for the Management Team: “We are naturally very pleased and proud that Arburg is once again on the list of 450 German world market leaders. It is also in the top third, among the best 150 companies. This demonstrates that, in our anniversary year too, we are still on the right track. Ultimately, of course, this fantastic result would not have been possible without our fantastic employees. I’d therefore like to say thank you very much to them for that!”

The complete list of the 450 companies is published in the current special issue no. 1 of “WirtschaftsWoche” from 6 November 2023: Title: ” Die 450 heimlichen Weltmarktführer”.

https://www.arburg.com/en/

#modernplasticsindia #indianplasticmagazine #modernplasticsaward #plasticnews #modernplasticsgermany #ginujoseph #modernplastic #plasticindia  #plasticrecycling #sustainability #modernplasticsglobalnetwork #modernglobalnetwork #modernplasticsaward2023 #plasticmagazine #PlasticIndustry  #modernplasticsmiddleeast #indianmagazine #innovations #modernplasticsamerica #modernplasticsbangladesh #modernplasticsasia #modernplasticsitaly  #cortecadvertising

 

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