Schöck continuous on international growth course
The specialist in construction elements, Schöck Bauteile GmbH, has already left the economic and financial crisis behind them in the past fiscal year. This is proven by the results presented to the stockholders of Schöck AG at the annual general meeting held on July 21, 2011 in Baden-Baden.
The sales volume of the Schöck group of companies increased by + 10% to 78.4 million euros compared to previous year. The company continued to expand its international share. Germany experiencing a strong growth in the building sector for new buildings in 2010 was the main market and growth drive. The strongly growing demand for products of Schöck led to new hires of 40 employees in the second half of 2010.
Development of new business segments
Apart from the traditional business with ready-to-install construction elements, the corporate group invests in new business segments. On the basis of...