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Thuringia offers a good foundation – companies expand capacities

Thuringia is not only an attractive location for founding or settling a company, but also a good breeding ground for entrepreneurial growth and expansion. There is plenty of evidence for this; most recently, two companies in northern Thuringia made positive headlines: WAGO Contacttechnik GmbH, a provider of connection and automation technology, is investing in a new central warehouse in Sondershausen for worldwide shipping, and the Thuringian railway technology company Funkwerk AG also expanded at its headquarters in Kölleda.
The new building of Funkwerk AG in Kölleda.

The new building of Funkwerk AG in Kölleda. Image: Funkwerk AG

"Sondershausen will become the gateway to the world," WAGO Managing Director Heiner Lang recently announced. With 50 million euros, the family-owned company is implementing the largest single investment in the company's history. In Thuringia, WAGO is not only expanding the existing warehouse, but is also building a high-bay warehouse with the latest technology on an area of 11,000 square meters. Up to 12,000 orders per day are expected to be processed once it goes into operation at the end of 2024. According to Heiner Lang, the company's extensive commitment in Thuringia was not least due to the know-how at the location.

In nearby Kölleda, Funkwerk AG invested nearly ten million euros in the production of train radio technology and information systems for travelers at train stations, such as the new generation of train information monitors. A new administrative building was also constructed. (hw)

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