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    2007-05-11: technotrans extends Sassenberg location

    Extensions to benefit service operations / investment volume of some EUR 4.5 million / space for approx. 150 employees


    technotrans AG is to invest in a significant increase in capacity at its main location in Sassenberg, Westphalia. The Supervisory Board yesterday approved the plans for the new building, which represents a total investment volume of around EUR 4.5 million. The five-storey octagonal building envisaged is to provide an effective floor area of 3,500 square metres, providing additional space for service operations in particular. It offers scope for accommodating up to 150 new employees over the next few years.

    The previous extension to the Sassenberg location was completed as recently as 2001. "In view of the growth of recent years and the positive prospects for the future, we now need to increase our capacity particularly in sales and service, and streamline our administrative processes," remarked Heinz Harling, Chairman of the Board of Management of technotrans AG. "Considering that our service operations have increased by 40 percent since the last extension, the latest extension by 60 percent cannot be considered inordinately ambitious. Nevertheless, the new building to house the group head offices will provide a new focus merely by virtue of its height." The building is expected to be completed by the first quarter of 2008.

    Download Photo 1 technotrans new location Sassenberg
    Download Photo 2 technotrans new location Sassenberg

    These press releases contain forward-looking statements which are based on assumptions and estimations by the management board of technotrans AG. Even though the management board is of the opinion, that those assumptions and estimations are realistic the future development and the projected results may deviate substantially from the forward-looking statements. Those deviations can be due to several factors including but not limited to changes in the macro-economic situation, in the exchange rates, in the interest rates and in the graphic arts industry. technotrans AG gives no warranty and does not assume the liability for any damages in case the future development and the projected results do not correspond with the forward looking statements.



    © technotrans AG, 2008
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