VAHLE Group invests sustainably in its Austrian commitment with building purchase 25.04.2023
The VAHLE Group has acquired its own company building in Schwoich near Kufstein in Tyrol for its Austrian subsidiary "VAHLE Automation".
Paul Vahle GmbH & Co KG, a leading global supplier of energy and data transmission solutions, has acquired its own company building in Schwoich near Kufstein in Tyrol for its Austrian subsidiary "VAHLE Automation". With the acquisition of the previously rented building - in which the innovation and development center of the VAHLE Group has already been located since 2017 - the company is investing in the Tyrol location.
"We want to push our company's commitment to Austria in the long term and are relying on the already proven location in Schwoich. In the Tyrolean lowlands, we find the optimal conditions to drive innovative developments, the latest research and state-of-the-art technologies. And we have had the best experiences with the people and institutions in Tyrol in recent years. That is why we decided to purchase the property in Schwoich, a good five minutes away from Kufstein in Tyrol, and see this investment as a long-term commitment to Schwoich as a location for innovation," emphasizes VAHLE CEO Achim Dries.
From May 1, 2023, VAHLE Automation will be "master in its own house" and will have 4,200 square meters of operating space for currently 40 employees, which will continuously increase. The VAHLE Group would like to sustainably push its commitment in Austria and sees optimal conditions for research and development in Schwoich, which serves the entire group.