VIEROL AG completes planning for the construction of a second logistics center in Rastede04 June 2018
The rapid growth of VIEROL AG, in particular the increasing product range due to new product groups and technologies in digitized vehicles, required to adapt the concept of the construction design.
VIEROL AG is investing around 20 million euros in fully-automated storage technology on a 20,000 square meter plot. In the future, more than 50,000 wear and spare parts for motor vehicles will be exported from Rastede to more than 125 countries. The existing logistics center will be converted into a service center for product development and manufacturing of ready-made products for automobiles.
With almost 200 employees, VIEROL AG reaches for the first-time a group-turnover of 60 million euros in 2018. 70 percent of the turnover comes from the worldwide export business. With an equity-to-assets ratio of 62 percent, the family-owned company is financially strong and strategically oriented towards the future.