PRESSEMITTEILUNGEN

(pressebox) Feldkirchen/Donau (Austria), 30.01.2009, NGR Next Generation Recyclingmaschinen GmbH with headquarters in Feldkirchen an der Donau (Austria) ended the business year 2007/2008 with a turnover of 14.4 million euros. The producer of recycling machinery for post-industrial thermoplastics now has a new proprietor structure that is to boost its equity capital following an intensive investment phase. The position ranking of the company on the world market is now being further developed.

Austria is the technological leader

Austria is the overall technological leader in plastics recycling issues and NGR is the turnover number two expert worldwide. "Our corporate goal is to assure that plastic waste from industry returns into production circulation as fast as possible and to see that it does so as a high quality raw material", Josef Hochreiter, who has been at the helm of the company as CEO of NGR since December 2008 commented.

Investment phase

The long and intensive investment phase was successfully concluded last year: Investment activities included development work, the move from Marchtrenk and construction of a new company base at Feldkirchen an der Donau.

Stronger worldwide presence

"Our new proprietor structure plus the capital injection for our company gives us the opportunity to strike out immediately with new developments including activities on additional attractive markets", Josef Hochreiter said. NGR is now already represented with a branch firm in the USA with sales intensive activities going beyond this in the CIS states, the Baltic countries and South America. NGR also plans a future presence in Asia for its global network.

Continuous growth

The goal of NGR now is continued growth: CEO Josef Hochreiter expects 2008/2009 to bring a turnover of 15 million euros. The NGR business year is from 1 May to 30 April.

Photo location/caption

A major thrust on global markets is the new strategic move from NGR Next Generation Recyclingmaschinen GmbH, the leading producer of cutting-edge machinery for the recycling of post-industrial thermoplastics at Feldkirchen an der Donau (Austria). Photo: NGR, publication free of charge.Über NGR – Next Generation Recyclingmaschinen GmbH

The facts about NGR Next Generation Recyclingmaschinen GmbH

Company profile: Manufacturing of machinery for the recycling of post-industrial thermoplastics
Market position: number two on the world market
Export share: 97 percent
Number of employees: 50 staff
Branches: USA
Turnover 2007/2008 business year: 14.4 million euros
Expected result for 08/09: 15 million euros
Established: 1996
Homepage: www.ngr.at

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