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Damme (dpa / lni) - The automotive supplier Boge from Damme near Vechta is feeling the current supply chain difficulties in the industry.
"The new problem is this total uncertainty at day-to-day level as to which customer can turn off the belts because they don't get any chips because they get other components," said Torsten Bremer, Managing Director of the Boge Rubber & Plastics Group, on Friday.
Due to the pandemic, sales generated in 2020 were 670.9 million euros, 15.6 percent below the previous year.
This roughly corresponds to the decline in production figures in the global auto industry.
The company did not provide any information about profit.
Boge manufactures vibration technology and plastic modules and has been part of the Chinese CRRC group since 2014.
At the end of last year, the Boge Group employed around 4,000 people, around 1,600 in Germany, 1,100 in China and around 850 in Slovakia.
For the current year he expects an increase in sales in the low double-digit percentage range compared to the previous year, said Bremer.
But he also reckons that the industry-wide production difficulties due to disrupted supply chains will drag on into next year.
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For the future, Boge also wants to keep an eye on customers outside the automotive industry, for example in the agricultural engineering and shipbuilding industries.
Last year Boge invested 31.5 million euros in development work.
In Osnabrück, Boge moved into an innovation center on the university campus under the umbrella of the parent company CRRC New Material Technologies GmbH.
Special applications for electromobility and the agricultural industry are to be developed here.
© dpa-infocom, dpa: 210423-99-327398 / 2
Press release