Miba Engine Running at Full Speed

Industrials › Industrial Goods ♦ Published: May 5, 2011; 12:03 ♦ (Vindobona)

The Austrian component supplier could significantly increase its results. EBIT could rise more than threefold. Investments are pushed strongly.

Miba Engine Running at Full Speed / Picture: © Vindobona.org

In the past business year, Miba – strategic partner of the international engine and automotive industry – has generated Group sales of € 437.2 m and thus clearly exceeded pre-crisis level. Growth is primarily derived from Miba’s core business. A new division has been tapped through acquisitions. Over € 50 m will be invested into added capacity and future growth; more than half…

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