NEWS

News from the world of MEDER

Meder writes a summer fairy tale

MEDER with record turnover of 21.32 Million euros

07/06/2015

Villingen-Schwenningen. Schwenningen company Kurt Meder GmbH continues to grow. During the course of the summer party, which was also the closing event of the 2014/15 fiscal year, Meder Managing Director Magnus Mauch was delighted to announce record turnover of 21.32 million euros.

"Unlike the women's football team at the world championships in Canada or the under-21s in the Czech Republic, who both went out in the semi-finals, Meder can look back on a true summer fairy tale" said a pleased Magnus Mauch, Managing Director of the traditional Schwenningen company. In front of a crowd of around 150 employees – probably a record for a Meder summer party – gathered in the marquee set up by the trainees, the Meder Managing Director had the pleasure of presenting excellent figures. The cheering among employees was especially loud when Magnus Mauch announced with zest that the sales barrier of 21 million euros had been cracked in the previous year, with Kurt Meder GmbH emerging from fiscal year 2014/15 with a new record turnover of 21.322 million euros. To the applause of the workforce, Mauch added that "without the high level of commitment and motivation of employees,"this would not have been possible."A particularly strong pillar," said Mauch, was the turnover in the area of springs for ABS braking systems, which developed significantly better than planned in the past fiscal year.

As a member of the Kern-Liebers group of companies, the record turnover of the Schwenningen spring manufacturer also contributed to the fact that Kern-Liebers was able to increase its turnover by nine percent year-on-year to 627 million euros. With the Meder employees in Schwenningen, the Kern-Liebers Group currently employees 6,750 people worldwide.

But the traditional Schwenningen company was not only able to increase its turnover, it also increased the number of employees in Schwenningen. With an additional six new employees taken on in the past fiscal year, the spring manufacturer now employs 182 people. And there were in fact two reasons to celebrate for all four trainees, who were taken on full time, as were nine external employees, including three agency workers, who now all have a permanent employment contract in the bag. In the new year, four new trainees will again have the opportunity to start their training at Meder.

Beyond all that, Meder is also already looking towards the future. "We do of course remain committed to steadily developing the company and driving progress forward," explains Managing Director Magnus Mauch. In the past year alone, Meder invested 1.6 million euros. Another highlight of the past year was the redesign of the company's website, with a great deal of effort, including an in-house photoshoot, going into giving the Meder website a new and modern look. All of the pictures from the photoshoot were on exhibition for employees during the summer party.

But it wasn't only in business, there were also a number of other highlights in the past year. Beyond the figures, Magnus Mauch also pointed to the many less quotidian activities of the company. October of last year for example saw a hearty celebration of the company's 60th anniversary at the Stuttgart Beer Festival, and the year was brought to a worthy end at the Christmas party. In addition, 22 employees celebrated their jubilee at Meder.

Another important focus in the past year, according to Mauch, was staff development. The company was the proud recipient of the Schwarzwald-Baar-Heuberg Chamber of Commerce's "Attractive Employer" award, making it the very first holder of the seal in the district. Employee appraisals were also introduced and the training and education of employees intensified.

For the future, however, there are still an ample number of goals and potentials that Meder wants to achieve together with its employees, with the right work-life balance, career planning, and also a hot lunch on the company premises all on the agenda.