{"id":31809,"date":"2020-02-26T16:38:58","date_gmt":"2020-02-26T15:38:58","guid":{"rendered":"https:\/\/zkw-group.com\/home\/newsroom\/news\/zkw-achieves-1-25-billion-euros-in-revenue-and-record-number-of-employees\/"},"modified":"2020-03-05T07:02:15","modified_gmt":"2020-03-05T06:02:15","slug":"zkw-achieves-1-25-billion-euros-in-revenue-and-record-number-of-employees","status":"publish","type":"news","link":"https:\/\/zkw-group.com\/en\/home\/newsroom\/news\/zkw-achieves-1-25-billion-euros-in-revenue-and-record-number-of-employees\/","title":{"rendered":"ZKW Achieves 1.25-Billion Euros in Revenue and Record Number of Employees"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"31809\" class=\"elementor elementor-31809 elementor-31717\" data-elementor-post-type=\"news\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4e2db46d elementor-section-full_width elementor-section-height-min-height elementor-section-height-default elementor-section-items-middle\" data-id=\"4e2db46d\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cb46a8a\" data-id=\"cb46a8a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-422768e8 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"422768e8\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div 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class=\"breadcrumb_last\" aria-current=\"page\">ZKW Achieves 1.25-Billion Euros in Revenue and Record Number of Employees<\/strong><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-6c150391 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"6c150391\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-66 elementor-inner-column elementor-element elementor-element-5fec754d\" data-id=\"5fec754d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7d66c1e2 news-date elementor-widget elementor-widget-post-info\" data-id=\"7d66c1e2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-f8605ff elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t<time>February 26, 2020<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-837cc9f elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"837cc9f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">ZKW Achieves 1.25-Billion Euros in Revenue and Record Number of Employees<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-60105009 news-intro elementor-widget elementor-widget-text-editor\" data-id=\"60105009\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Number of employees increased to around 10,000 \u2013 Production area in Silao\/Mexico expanded by the end of 2020<\/p>\n<p>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\u2019s revenue was maintained at a high level of 1.25 billion euros despite the difficult conditions in the international automotive industry. \u201cDespite the tense economic environment, we are continuing to expand our locations in order to remain competitive in the long term,\u201d says Oliver Schubert, CEO of the ZKW Group, explaining the strategy.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6d072083 elementor-widget elementor-widget-text-editor\" data-id=\"6d072083\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Premium Headlamps for the NAFTA Region<\/strong><br \/>\nConstruction began in November 2019 and the current area of the ZKW plant in Silao, Mexico, will be expanded from 22,000 to 41,000 square meters. The extension will be equipped with state-of-the-art technologies for the manufacture of innovative automotive lighting systems \u2013 such as plastic injection molding systems, hard coating for the coating of plastic diffusing lenses, painting systems, metalization equipment for reflectors, and headlight assembly lines. Completion is scheduled for October 2020 and the start of production is scheduled for August 2021. The number of employees is to rise from 700 at present to around 1,400. \u201cThe site in Silao plays a strategically important role in the ZKW production network because it offers attractive framework conditions for the automotive supplier industry,\u201d says Schubert.<\/p>\n<p><strong>New Subsidiaries in Asia<\/strong><br \/>\nThe past financial year did not bring ZKW new record revenue due to the automotive crisis. Nevertheless, the signs are pointing to growth: Since last year, the lighting systems manufacturer has had a branch in Incheon, Korea. The former location of LG Electronics serves the development and distribution of rear lamps for the automotive market in the Asia-Pacific region. The LG site in Ningbo, China, where the rear lamps are produced, was also integrated. Furthermore, ZKW expanded its plants in Slovakia and Mexico with additional capacities. Altogether, more than 210-million euros will be invested. At the company headquarters in Wieselburg (Austria), a new logistics center and development laboratory will be built starting in April 2020. \u201cWieselburg is and will remain the nucleus for innovation and the driver for sustainable global corporate success,\u201d says Schubert.<\/p>\n<p><strong>Innovations with Nature as a Role Model<\/strong><br \/>\nIn line with the motto \u201cNature as a role model\u201d, sensors and cameras are integrated into the headlights as part of \u201cProject Dragonfly\u201d, to make vehicles fit for autonomous driving. Thanks to artificial intelligence, the sensors can recognize other road users and road signs, calculate distances and speeds, and generate control commands for the vehicle. Digital light from ZKW supports the sensor technology. ZKW holds numerous patents for its innovations for the car of the future \u2013 such as high-resolution lighting systems, solutions for autonomous driving or innovative styling. In 2019, the company was awarded the Global VW Group Award, the German Design Award and the Innovation Award of the province of Lower Austria, among others.<\/p>\n<p><strong>Outlook<\/strong><br \/>\nWith high-resolution lighting systems, solutions for autonomous driving and innovative styling, ZKW is developing into a dynamic, globally active group. ZKW is one of the fastest growing companies in the automotive supply industry worldwide. In line with its vision \u201cBright Minds, Bright Lights\u201d, the lighting systems specialist is always looking for qualified personnel and the brightest minds in the industry. \u201cOur goal is a 360-degree offering for the automotive industry. The expansion of the product range to include the rear lamps business is a milestone for ZKW\u201d, Schubert looks ahead.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2070456 elementor--h-position-center elementor--v-position-middle elementor-arrows-position-inside elementor-pagination-position-inside elementor-widget elementor-widget-slides\" data-id=\"2070456\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;navigation&quot;:&quot;both&quot;,&quot;autoplay&quot;:&quot;yes&quot;,&quot;pause_on_hover&quot;:&quot;yes&quot;,&quot;pause_on_interaction&quot;:&quot;yes&quot;,&quot;autoplay_speed&quot;:5000,&quot;infinite&quot;:&quot;yes&quot;,&quot;transition&quot;:&quot;slide&quot;,&quot;transition_speed&quot;:500}\" data-widget_type=\"slides.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-swiper\">\n\t\t\t\t\t<div class=\"elementor-slides-wrapper elementor-main-swiper swiper\" role=\"region\" aria-roledescription=\"carousel\" aria-label=\"Slides\" dir=\"ltr\" data-animation=\"fadeInUp\">\n\t\t\t\t<div class=\"swiper-wrapper elementor-slides\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-repeater-item-5fee144 swiper-slide\" role=\"group\" aria-roledescription=\"slide\"><div class=\"swiper-slide-bg\" role=\"img\" aria-label=\"Project_Dragonfly_in_front_of_ZKW_Headquarter_in_Wieselburg_Austria\"><\/div><div class=\"swiper-slide-inner\" ><div class=\"swiper-slide-contents\"><\/div><\/div><\/div><div class=\"elementor-repeater-item-bdbd432 swiper-slide\" role=\"group\" aria-roledescription=\"slide\"><div class=\"swiper-slide-bg\" role=\"img\" aria-label=\"The_Future_of_Light_ZKW_headlamps\"><\/div><div class=\"swiper-slide-inner\" ><div class=\"swiper-slide-contents\"><\/div><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-swiper-button elementor-swiper-button-prev\" role=\"button\" tabindex=\"0\" aria-label=\"Previous slide\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"eicon-chevron-left\"><\/i>\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"elementor-swiper-button elementor-swiper-button-next\" role=\"button\" tabindex=\"0\" aria-label=\"Next slide\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"eicon-chevron-right\"><\/i>\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"swiper-pagination\"><\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-21edc256 elementor-widget elementor-widget-text-editor\" data-id=\"21edc256\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><div class=\"ShariffSC shariff-zkw\"><div class=\"shariff shariff-align-left shariff-widget-align-left\" style=\"display:none\"><ul class=\"shariff-buttons theme-round orientation-vertical buttonsize-medium\"><li class=\"shariff-button facebook shariff-nocustomcolor\" style=\"background-color:#4273c8\"><a href=\"https:\/\/www.facebook.com\/sharer\/sharer.php?u=https%3A%2F%2Fzkw-group.com%2Fen%2Fhome%2Fnewsroom%2Fnews%2Fzkw-achieves-1-25-billion-euros-in-revenue-and-record-number-of-employees%2F\" title=\"Share on Facebook\" aria-label=\"Share on Facebook\" role=\"button\" rel=\"nofollow\" class=\"shariff-link\" style=\"; 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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\u2019s revenue was maintained at a high level of 1.25 billion euros despite the difficult conditions in the international automotive industry. \u201cDespite the tense economic environment, we are continuing to expand our locations in order to remain competitive in the long term,\u201d says Oliver Schubert, CEO of the ZKW Group, explaining the strategy.<\/p>\n","protected":false},"featured_media":31726,"template":"","class_list":["post-31809","news","type-news","status-publish","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ZKW Achieves 1.25-Billion Euros in Revenue and Record Number of Employees - ZKW Group \u2013 BRIGHT MINDS, BRIGHT LIGHTS.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/zkw-group.com\/en\/home\/newsroom\/news\/zkw-achieves-1-25-billion-euros-in-revenue-and-record-number-of-employees\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ZKW Achieves 1.25-Billion Euros in Revenue and Record Number of Employees - ZKW Group \u2013 BRIGHT MINDS, BRIGHT LIGHTS.\" \/>\n<meta property=\"og:description\" content=\"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\u2019s revenue was maintained at a high level of 1.25 billion euros despite the difficult conditions in the international automotive industry. \u201cDespite the tense economic environment, we are continuing to expand our locations in order to remain competitive in the long term,\u201d says Oliver Schubert, CEO of the ZKW Group, explaining the strategy.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/zkw-group.com\/en\/home\/newsroom\/news\/zkw-achieves-1-25-billion-euros-in-revenue-and-record-number-of-employees\/\" \/>\n<meta property=\"og:site_name\" content=\"ZKW Group \u2013 BRIGHT MINDS, BRIGHT LIGHTS.\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/zkwgroup\/\" \/>\n<meta property=\"article:modified_time\" content=\"2020-03-05T06:02:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/zkw-group.com\/wp-content\/uploads\/2020\/02\/Vorschaubild_Umsatzmeldung.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"500\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@zkw\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/zkw-group.com\\\/en\\\/home\\\/newsroom\\\/news\\\/zkw-achieves-1-25-billion-euros-in-revenue-and-record-number-of-employees\\\/\",\"url\":\"https:\\\/\\\/zkw-group.com\\\/en\\\/home\\\/newsroom\\\/news\\\/zkw-achieves-1-25-billion-euros-in-revenue-and-record-number-of-employees\\\/\",\"name\":\"ZKW Achieves 1.25-Billion Euros in Revenue and Record Number of Employees - 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ZKW Group \u2013 BRIGHT MINDS, BRIGHT LIGHTS.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/zkw-group.com\/en\/home\/newsroom\/news\/zkw-achieves-1-25-billion-euros-in-revenue-and-record-number-of-employees\/","og_locale":"en_US","og_type":"article","og_title":"ZKW Achieves 1.25-Billion Euros in Revenue and Record Number of Employees - ZKW Group \u2013 BRIGHT MINDS, BRIGHT LIGHTS.","og_description":"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\u2019s revenue was maintained at a high level of 1.25 billion euros despite the difficult conditions in the international automotive industry. \u201cDespite the tense economic environment, we are continuing to expand our locations in order to remain competitive in the long term,\u201d says Oliver Schubert, CEO of the ZKW Group, explaining the strategy.","og_url":"https:\/\/zkw-group.com\/en\/home\/newsroom\/news\/zkw-achieves-1-25-billion-euros-in-revenue-and-record-number-of-employees\/","og_site_name":"ZKW Group \u2013 BRIGHT MINDS, BRIGHT LIGHTS.","article_publisher":"https:\/\/www.facebook.com\/zkwgroup\/","article_modified_time":"2020-03-05T06:02:15+00:00","og_image":[{"width":500,"height":500,"url":"https:\/\/zkw-group.com\/wp-content\/uploads\/2020\/02\/Vorschaubild_Umsatzmeldung.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_site":"@zkw","twitter_misc":{"Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/zkw-group.com\/en\/home\/newsroom\/news\/zkw-achieves-1-25-billion-euros-in-revenue-and-record-number-of-employees\/","url":"https:\/\/zkw-group.com\/en\/home\/newsroom\/news\/zkw-achieves-1-25-billion-euros-in-revenue-and-record-number-of-employees\/","name":"ZKW Achieves 1.25-Billion Euros in Revenue and Record Number of Employees - 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