Vogel & Noot closes 2008 with a turnover of 82 million
February 16, 2009
The group Vogel & Noot Landmaschinen has closed 2008 with a turnover of EUR 82 million, representing a 46% increase over the year 2007.
Division of ploughshares has finished the year with a large increase in demand, especially in large areas and with semi-suspendidos type ploughs. Also the Division of seeders has also experienced an increase in its production capacity, because of the important innovations and technological improvements that Vogel & Noot has made since 2007, year in which absorbed the company manufacturer of seeders Agrofinal.
"In Austria, we have consolidated, once again, as leader of the market, with growth of more than 30% from the previous year." "Equally positive has been the situation in the markets of Eastern Europe, both in the traditional markets of Western Europe, and we must in particular take into account new markets such as Kazakhstan, who also contributed to this important growth"explains the company.
