Swedish Rimaster is investing more than ever before

The Rimaster Group is growing in turnover, employees and capacity. The investments take place against that growth, which happened during the last two years. In 2017 Rimaster increased its turnover by 30 percent, in comparison with the market growth of 10 percent. “Increased integration and more systems deliveries to our customers drives the need. Good economic activity has, of course, been of major importance. Our customers are growing and we have the confidence to follow along with them. At the same time, we have benefited from the restructuring that has taken place in the market. A number of suppliers have dropped out, which has given Rimaster exciting new opportunities,” says Tomas Stålnert, CEO of Rimaster Group. Now the group is investing a total of almost 40 million SEK (3,8 million EUR) during the year in it’s businesses. “Investment makes it possible for us to deliver at the level and the quality required by customers, at the same time, we have the basis to further develop together with our customers in true Rimaster style. As a customer, you are assured that we have direct access to high levels of capacity and delivery assurance,” says Tomas Stålnert, noting that by increasing its own competitiveness, Rimaster also strengthens its position as a stable and long-term partner. A strategically important part of the expansion is the investment in a new production plant in Serbia. The facility will cover 3,600 m2 and will focus on the manufacture of wiring, a segment that Rimaster expects to grow as the need for more wiring in hybrid vehicles expand. The facility is under construction and is currently recruiting employees. Production is expected to start in the first quarter of 2019. “We expect a stable and controlled growth of approximately 10 percent in the next few years. This will build upon the natural growth of the market, but we also believe that developments will be driven by new technology.”