Transport division flourishes in 2017 and Q1
Germany-based Honold Logistik boosted its 2017 turnover by 3%, taking the total to EUR 238 million, and also noted an increase in profit. The upsurge was due in part to the group's transport division, which grew its turnover by 10% in both 2017 and in Q1/2018.
To ensure further growth in its transport sector, Honold said it is currently investing several million euros in new software. The group, which expects to raise its turnover by 3 – 5% this year, currently has 1,400 people on its payroll (100 more than in 2017) at its 22 locations in Germany, Romania and Hungary. (ben)