Erema Group continues to grow and increases turnover by 16 percent
The Erema Group celebrates the most successful business year in the company’s history. Consolidated total turnover of more than EUR 180 million in 2018/19 represents an increase of 16 percent compared to the previous year. A total of 6,000 Erema plastics recycling machines are currently in operation in 108 countries around the world. The company group starts the new 2019/20 financial year with personnel changes at management level and the expansion of the company headquarters in Ansfelden/Linz.
The plastics industry is undergoing change. In the recent past, political and voluntary initiatives as well as an end to the plastic waste exports to China have led to more investment in high-quality recycling technology. The increasing demand is reflected in a new turnover record of the group of companies of EUR 180 million. Half of this volume was generated in Europe.
This increase is due to growing sales worldwide in all three recycling markets: post-consumer (contaminated and used plastics), in-house and industrial (clean production waste), and bottle recycling (PET, food-contact-grade). In the latter case, incoming orders almost tripled compared to previous years. This can be attributed to the high demand for proven Vacurema technology and new processes based on it, such as the Flakes to Preforms Xtreme Renew System developed together with Sipa. The bottle-to-bottle system Vacunite, which was first launched in November 2018, is also making its mark.
Management changes
At the beginning of the 2019/20 financial year, Klaus Feichtinger will step down at his own request as CEO of Erema Group GmbH. However, he will continue to contribute his know-how as a manager in the area of IP and new technologies. Together with Manfred Hackl CEO, Horst Wolfsgruber CFO is now responsible for the strategic planning and ongoing development of the entire group of companies. In order to be able to concentrate fully on this task in the Erema Group, Manfred Hackl is handing over operational management of the subsidiary Erema. Markus Huber-Lindinger takes over the areas of technology and production as Managing Director. Together with Michael Heitzinger, Managing Director responsible for Sales, Customer Services and Project Planning, he forms the management team duo at Erema. “We are convinced that this allocation of tasks will enable us to meet the many challenges, both in terms of the size of our group of companies, and due to the rapid changes in the industry, so that we can continue on our successful course of growth,” say Hackl and Heitzinger.
