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Date: 2013-08-01

NKE Austria GmbH Maintains Positive Outlook for 2009

Bearing manufacturer NKE Austria GmbH reported its 2008 sales hit 43.3 million euros, up 87% over the previous year. Its main areas of growth were the wind energy, gearbox and agricultural machinery sectors.

To cope with the rapid growth, NKE started building new headquarters in the Stadtgut Steyr industrial park in July 2008. Twelve million euros will be invested in the new office and production facilities, which will have a total floor space of 10,000 sq m (110,000 sq ft) and are scheduled for completion in May 2009.

The company also recruited 50 new employees in 2008, upping its workforce to its current level of about 170. A goal of a 10% share of apprentices has been realized by taking on seven additional apprentices. To ensure effective training and ease skills shortages in the long run, an apprentice workshop was established in cooperation with Austrian vocational training institute BFI.

In December 2008, NKE won an award in the


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