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Press release: Positive result after second year of the pandemic

Germany-based RATEC GmbH looks back at a satisfactory financial year 2021 despite the ongoing pandemic. Sales increases, strategic repositioning and project highlights all contributed to last year's positive results. And a look at the current year is also encouraging.

03/01/2022

in Press releases

RATEC reported a 5.46 percent year-on-year increase in sales. “This is admittedly not quite at the level of the pre-pandemic year, but we are nevertheless pleased with the stable situation”, says Managing Director Jörg Reymann. Europe and especially Germany contributed particularly strongly to sales, Reymann continues. Together, they account for approximately three quarters of total sales.

USA and Hockenheim on growth track
We are seeing very positive developments in business in the USA. After the previous RATEC LLC was transformed into the new RATEC America Corporation after more than 20 years, those responsible in the United States have been continuously focusing on strategic development and the new growth course. “With this course we have set, we are integrating the national subsidiary even more closely into the Group as a whole”, explains Jörg Reymann. The goal is clearly defined: create more extensive synergies and enable further investments in the American production site.

The course for growth has also been set at the headquarters in Hockenheim: In addition to expanding the product development and sales departments, an assembly team has also been established in the area of large formwork. In total, RATEC has thus hired more than ten new employees.

Project highlights in 2021

There were also further developments at project level in 2021, where the affiliate Reymann Technik GmbH in particular led the way, commissioning the new production hall for the Schneider precast concrete plant in Philippsburg. “As a planning partner, we were on board with a comprehensive service profile and delivered integrated consulting and planning as an ‘all-round carefree package’, so to speak”, says Andreas Gewis, Head of the Reymann Technik Planning Department.

In the USA, one of the most modern pallet circulation systems for precast concrete plants in North America went into operation last year. As general contractor, Reymann Technik was entrusted with the planning and implementation of this plant – the largest project in the company's history. It includes, among other things, three halls for the construction of single-family homes in the largest retirement housing development in the USA, The Villages in Florida. A special feature of this facility, in addition to its size and equipment, is the solution for the installation of windows: These are set directly in concrete instead of being installed in the finished wall, as is usually the case. RATEC also developed a formwork solution for this special case, which successfully passed the practical test.

2022 under the banner of largest construction trade fair

After mostly suspending on-site trade fair visits in 2020, the second half of 2021 again saw a number of live events such as the bibm Congress in Copenhagen, the big5 Heavy / Middle East in Dubai and the ICCX Congresses in Bonn and St. Petersburg. RATEC comes away from events with a favorable assessment, despite lower visitor numbers. “The many personal conversations at our booths indicate that, above all, great interest and concrete needs are behind the visit to the trade shows”, says Jörg Reymann. The most important trade show event takes place at the end of the year: Bauma, the world's largest trade fair in terms of area, awaits visitors from the construction industry from October 24 to October 30, the highlight of the trade fair calendar. Although the current uncertainty in planning is somewhat dampening expectations throughout the industry, RATEC is optimistic and looking forward to the preparations for the trade fair week in Munich.


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