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E-News Update May 2011 |
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Machinery News
NGR has a bountiful year
A
ustrian recycling equipment supplier Next Generation Recyclingmaschinen (NGR) achieved its most successful financial year in its history in 2010/11 recording orders worth EUR22 million, following a 20% fall in sales revenues in the previous financial year.The company says its record order intake was largely due to market support and expansion of its product portfolio. Josef Hochreiter, the company CEO, is also optimistic about the future: "The prerequisites for planned growth are in place." He said the company's market-guided outlook and new and additional specialist agents have helped in intensifying market growth. It also launched new S:GRAN and L:GRAN recycling systems, which together with its patented ONESTEP technology facilitates the processing of standard bio-plastics.