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Pekka Paasivaara to take the helm as sole CEO of HOMAG Group AG

In addition, he will join the supervisory board of HOMAG Group AG and take over its chairmanship from Ralf W. Dieter, CEO of Dürr AG. Ralf W. Dieter will, however, remain on the HOMAG Group's supervis

HOMAG Group aims to reach the one billion euro mark in sales revenue in 2015

HOMAG Group AG, the world’s leading manufacturer of plant and machinery for the woodworking industry and for cabinet makers, has held its good course steady through the third quarter of 2015. The Dürr

HOMAG Group's sales revenue reaches billion mark

2015 2014 Order intake EUR 1.058 million EUR 911 million* Sales revenue EUR 1,039 million EUR 915 million Capital expenditure EUR 30 million EUR 33 million R&D ratio 4.7% 4.3% Employees (Dec. 31) 5,90

Dividend rises to EUR 1.01

HOMAG Group AG is paying out a dividend of EUR 1.01 per share to its shareholders for fiscal year 2015 (prior year: EUR 0.40). The corresponding resolution was passed at the annual general meeting of

Uninterrupted growth in sales revenue at HOMAG Group

H1 2016 H1 2015 Order intake EUR 551 million EUR 557 million Sales revenue EUR 527 million EUR 504 million Headcount (June 30) 5,983 5,780 The HOMAG Group, the world’s leading manufacturer of plant an

Order Backlog with slight increase

Despite the corona pandemic, the HOMAG Group’s first quarter of 2020 was at a good level. Production was almost without interruptions at all major plants. Nevertheless, in March the first effects of t

HOMAG strengthens leading position in China

HOMAG has started its China business already 40 years ago in a close partnership with HOMAG China Golden Field (HCGF). Over the years, HOMAG became the #1 reliable end-to-end supplier for Chinese cust

Changes in Executive Board

The current member of the Executive Board responsible for Operations and Development of HOMAG Group AG, Mr. Harald Becker-Ehmck and the current member of the Executive Board responsible for Sales, Ser

HOMAG Group AG postpones annual general meeting due to spread of coronavirus

The postponement of the annual general meeting means that the compensation payment of EUR 1.01 per share cannot be paid to shareholders as planned on May 8, 2020, but on the first banking day after th

HOMAG and 3Tec agree strategic partnership: Focus on customers

"It happens time and again that our machines and plants have to be linked with machines from other manufacturers", explains Wolfgang Augsten, Executive Vice President of the HOMAG Group. "This may be