IWB/EFRE-Programm.

Funds:

• Expansion of the production area
• purchase of new machines, etc.
• Increase in the number of employees

With the ‘New XeNTiS building’ project, we want to set new standards in terms of innovation, growth and regional significance.

In order to get innovation off the ground, it is essential to provide the necessary capacities – both in terms of employees and the additional, urgently needed space.

The realisation of the project will enable, among other things, the necessary expansion of the research and development department, the installation of a showroom for existing and potential new customers and the expansion of the production hall.

As already mentioned, there are already existing partnerships with various organisations, which play a key role in further differentiating XeNTiS from its competitors. Investments in space, machinery, intangible assets and employees are essential in order to be able to dedicate ourselves to these projects even more intensively and profitably.

Research into new materials, the combination of new and existing materials and processing techniques will be at the heart of the further developed R&D Competence Centre. The main focus of our customers – both in the wheel sector and in the automotive sector – is on lightweight construction.

Weight plays a major role everywhere and research at XeNTiS must continue in the direction of even lighter, even more stable and even more cost-effective production variants. Furthermore, the trend – also due to the global pandemic – is towards production in Europe.

This project was essential in order to meet the needs of our customers in this direction as far as possible and to expand the product portfolio.

“This project is co-financed by the European Regional Development Fund”.

“M5 – R&D and technology-oriented investments”

You can find more information on IWB/EFRE at www.efre.gv.at