The Sedus Stoll Group’s investments in tangible and intangible assets totaled €15.8 million in the 2018 financial year, which constituted a dramatic increase of €9.2 million compared to the previous year.
The sum total of investments made by Sedus Stoll AG came to €12.9 million. As in the previous year, the most substantial investment of €8.0 million was attributable to the various construction activities in relation to the expansion of the company headquarters in Dogern, where staff were also able to start using the new office building in April this year.
Around 100 employees from twelve different areas now work together in a single space under one roof, in a generously proportioned environment. Officially known as the Sedus Smart Office, this new office space is not just an outstanding workplace for the company’s own employees, but is also a test laboratory and showpiece for international customers who visit Dogern from all over the world.
A total of €1.9 million was invested by Sedus Systems GmbH, located in Geseke (East Westphalia, Germany) in 2018.
A large part of these funds were invested in the construction of a new multifunctional building, which will be ready for use at some point in 2019.
The extensive modernization and construction work at the Dogern and Geseke sites underscore the company management’s commitment to Germany as its center of business.
The Sedus Stoll Group’s total number of employees has increased from 873 to a total of 935 (excluding trainees), of whom 533 currently work in Dogern, 292 in Geseke, and 110 at Klöber in Owingen.