“We had big plans at the start of 2017 and we can now say that we have achieved our goals. Our order situation is excellent and we will continue to hire new employees to enable the optimum completion of our planned projects,” highlighted Dr. Michael Koncar, founder and Managing Director of the VTU Group.
VTU is a group of technology companies that operate as suppliers to the pharmaceutical, biotechnology, chemicals, metallurgy, crude oil and natural gas industries on the international market. Its biggest line of business is the planning of processing systems. Since 2010, the VTU Group has more than tripled its sales and its employee headcount has more than doubled.
The German market remains a key driver of sales for the VTU Group, with the area of pharmaceuticals being particularly important. Over the course of the next year, a special focus is to be made on Austria, Romania and Switzerland. “We are particularly excited about a project in Krems, Austria, in which we are planning the concept for a major production facility for vaccines for use in the area of animal health,” explained Michael Koncar.