Release Date: 23 July 2008
Release ID: 1260
The continuous growth of TimoCom Soft- und Hardware GmbH is reflected in remarkable figures. Considerable growth was achieved across the board in 2007 and in the current year to date. The positive results prove that the company is still following a successful course.
More sales, more customers, a larger workforce and a huge rise in volume, the international freight and vehicle exchange TimoCom TRUCK & CARGO® can point to numerous achievements.
Alone last year’s turnover is impressive, with EUR 30.9 million being generated in 2007, which in percentage terms corresponds to a substantial increase of 33% over the previous year.
The number of customers also increased substantially in 2007; at the same time the volume of freight and vehicle offers shown on TimoCom increased considerably.
The current financial year proves that the European market leader can follow on in 2008 from its previous year’s successes. In the first quarter of this year an increase of 4.4 % against the already positive performance in 2007 was recorded. The exchange’s total volume also rose clearly by 14.2 % in the first three months compared to the same period in the previous year. The rise in the number of employees is also pleasing with the company currently employing around 180 people, 16.7 % more manpower than in the previous year, a positive trend which is continuing, and confirms TimoCom’s reputation as a generator of jobs.
The reasons for the success of the business lie in particular in the very high quality standards, the volume of freight and vehicles available and the reliability of the exchange. Other reasons are its simple price model and the regular introduction of innovative additional features such as the transport directory TC Profile®. “TimoCom will continue to expand its range, develop new products and custom these to the needs of customers”, says Business Unit Director Sales, Andreas Möllenbeck, who looks optimistically to the remaining year.
Good prospects for the company to expand and consolidate its success – the growth curve is pointing sharply upwards.
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