GERMANY - Despite grappling with challenges such as soaring construction costs, elevated interest rates, and global investment uncertainty, Hettich Group achieved a turnover of EUR 1.3 billion in 2023 (2022: EUR 1.5 Billion), with 75% of its business being international.
The company's global workforce numbered approximately 7,700 employees, including 3,600 in Germany, showcased its resilience in navigating a challenging economic landscape.
Managing Director Jana Schönfeld emphasized the importance of forward-thinking, guiding investments of around EUR 170 million into new products, infrastructure enhancements, and sustainability initiatives.
The innovative FurnSpin fittings system, unveiled at the Interzum trade fair, underscored Hettich's commitment to continuous evolution.
The merger with the FGV Group in January 2024 represented a significant milestone, uniting two industry leaders with over 200 years of combined experience.
Looking ahead, the Hettich Group remains steadfast in its determination to shape the future, foster innovation, and seize global growth opportunities.