11.20.2006
ThyssenKrupp Elevator strengthens presence in Slovenia
100% interest acquired in DVG d.o.o. in Ljubljana
ThyssenKrupp Elevator AG, Düsseldorf, has acquired a 100% interest in DVG d.o.o., Ljubljana/Slovenia. DVG has been active in the elevator and escalator business since 1992. The company has 70 employees and achieved sales of around 4.5 million euros in fiscal 2005. The acquisition of DVG is a continuation of ThyssenKrupp Elevator's growth strategy in Eastern Europe. The group already has a subsidiary in Slovenia, ThyssenKrupp Dvigala d.o.o. which was founded in September 2005.
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