ZKW Achieves 1.25-Billion Euros in Revenue and Record Number of Employees

CEO_Oliver_Schubert_Portrait

With a revenue of 1.25-billion euros and a new record number of employees, the lighting systems specialist is closing the 2019 financial year. At the end of the year, the ZKW Group employed around 10,000 people at ten locations in eight countries. The plant in Silao, Mexico, which went into operation in 2015, will be expanded by 19,000 square meters of production space by the end of 2020. It is planned to double the staffing level by 2023. High-quality headlamps for premium car manufacturers such as BMW, Daimler, Ford Lincoln, GM, Navistar, Nissan Infiniti, VW, and Volvo, are produced in Silao. ZKW is investing a total of around 67.5 million euros at the site in Mexico. The ZKW Group’s revenue was maintained at a high level of 1.25 billion euros despite the difficult conditions in the international automotive industry. “Despite the tense economic environment, we are continuing to expand our locations in order to remain competitive in the long term,” says Oliver Schubert, CEO of the ZKW Group, explaining the strategy.

ZKW establishes new development laboratory in Wieselburg

ZKW is expanding its company headquarters in Wieselburg substantially: The lighting systems specialist is constructing a new development laboratory at the same time as it builds its logistics center. The project covers an area of 2,500 square meters and represents an investment of around seven million euros over the next two years. The groundbreaking ceremony will be held this spring. The new laboratory and logistics building will open their doors in the summer of 2021. “Wieselburg is a hotbed of innovation, and the biggest driver behind our long-term corporate success. With this forward-thinking investment, we are building up the location by creating new jobs for technical specialists and expanding our expertise in the area of electronics”, explains Oliver Schubert, CEO of the ZKW Group.

ZKW integrates LG Electronics’ rear light business: New locations in Korea and China

On December 19, 2019, the ZKW Group established a branch in Incheon, Korea, near Seoul. The lighting systems manufacturer is integrating the rear light business of LG Electronics and the development center and sales office will eventually employ dozens of specialists in the fields of lighting technology, electronics, and design. The aim is to further expand business in the Korean automotive market and the Asia-Pacific region.
In the future, sensors for assistance systems for autonomous driving will also be installed in rear lights. In addition, ZKW is integrating the rear light production of LG Electronics in Ningbo, China. “The new locations supplement our portfolio with the strategically important area of rear lights. They are a further milestone towards our commitment to provide 360° service for the automotive industry,” explains Oliver Schubert, CEO of the ZKW Group.

ZKW expands logistics center in Wieselburg

The previous storage areas at the ZKW Group headquarters have reached their capacity limits. Because of this, the lighting systems manufacturer is constructing a new logistics building for production supply, which will offer 62,000 container storage spaces. In the future, materials will be transported fully automatically through the plant to the manufacturing line via a three-kilometer-long conveyor system. The new hall will be built on part of the existing parking area on Scheibbser Strasse. Accordingly, new parking spaces will be created on Rottenhauser Strasse. Construction is scheduled to start in April 2020 and the new logistics system is scheduled to go into operation in the summer of 2021. By building a new logistics center, ZKW is investing an additional 17 million euros in the Wieselburg site. The expansion is intended to strengthen competitiveness and create space for further value creation. “Particularly in this tense economic situation in the automotive industry, it is important to invest at the right time,” says Oliver Schubert, CEO of the ZKW Group.

ZKW expands locations in Mexico and Slovakia

Erweiterungsbild Slo

The ZKW Group is expanding its manufacturing capacity at its international locations. The plant in Silao, Mexico, which went into operation in 2015, will be expanded by 19,000 square meters of production space by the end of 2020. It is planned to double the staffing level by 2023. High-quality headlamps for premium automobile manufacturers such as BMW, Daimler, and Volvo are manufactured in Silao. ZKW is investing a total of around 67.5 million euros at the site in Mexico.
The largest expansion project in ZKW’s history has already gone into operation in Krušovce, Slovakia. The production space here has been doubled to around 78,000 square meters. With around 2,500 employees, the plant is ZKW’s second largest production site. In Krušovce, main headlamps and fog lamps are manufactured and new lighting systems developed. “Despite the tense economic situation in the automotive industry, we are continuing to expand our locations in order to remain competitive in the long term,” explains Oliver Schubert, CEO of the ZKW Group, with regards to the strategy.

ZKW stripeZ Lighting Module Takes the German Design Award

stripeZ | Winner German Design Award 2020

The newly developed “stripeZ” lighting module from ZKW Lichtsysteme GmbH in Wieselburg was awarded the German Design Award 2020 in the category “Automotive Parts & Accessories”. The decisive factor for the jury was the particularly compact design of the lighting element, which allows for new design options for the main headlamps and front end of the vehicle. The stripeZ module consists of an LED-based product family with low lens height and an integrated cooling element. Compared to conventional LED elements, the technology has significantly smaller dimensions with the same light performance. “The award is very important to us, as the topic of design is becoming increasingly important in automotive lighting and sensor systems. Car manufacturers have increasingly higher requirements with regards to appearance, which is why we have to develop trend-setting designs,” according to Oliver Schubert, CEO of the ZKW Group.

ZKW Honored with VW Group Award

Austrian lighting system specialist ZKW received the 2019 Global VW Group Award for the first time on July 4th in Leipzig. The Volkswagen Group used the award to honor the company’s excellent delivery flexibility and reliable part supply – for exampl…