The Wietersdorfer Group closes the 2022 business year with a turnover of 974 million euros. All five business segments developed positively thanks to the group’s internationalisation strategy. Meanwhile, the USA is the third strongest country with a 16.9 per cent share of sales, and the African market also recorded a significant increase.
Among the business segments of the Wietersdorfer Group, GRP pipe systems (GRP = glass fibre reinforced plastics) are the strongest in terms of turnover with 403 million euros. With more than 20 million euros, the Carinthian group of companies invested around one third of its investment volume in green transformation projects in the past business year. The Wietersdorfer Group is thus actively pushing ahead with its ambitious goal of CO2-neutral production by 2035. For the next two financial years, a total of 70 million euros per year in investments are planned, 35 percent of which will be allocated to the Austrian market. The company thus underlines the importance of Austria as a location for the group of companies.
CO2-neutral by 2035
Despite difficult general conditions, the internationally active group of companies has succeeded in consistently pursuing the goal of CO2-neutral production. For example, packages of measures were put together for all five business units (GRP piping systems, PP piping systems, cement & concrete, lime and industrial materials) and a total of 20 million euros was invested in green transformation projects in 2022. In the area of renewable energy, the Wietersdorfer Group focused increasingly on PV systems in the past year. Thus, with the past business year, PV plants in Spain and Slovenia provide a total output of 3,405 MWh per year. In the USA, the construction of a 3,300 MWh PV plant was started, which will cover one third of the energy demand there. In its efforts to reduce CO2 emissions, the group is focusing on the use of low-CO2 energy sources. For example, it is planned to reduce the use of fossil fuels in regular operations at the Austrian sites in Peggau to 50 per cent and in Wietersdorf completely.