Press releases fischer Group of Companies

His “magic words” are future, innovation and sustainability. The visionary entrepreneur Prof. Klaus Fischer has consistently looked ahead for over 40 years, stating “it’s only the future which we can shape”. On 17th August 2020, the owner of the fischer Group of Companies will be celebrating his 70th birthday. In the same year, he will also be celebrating his 45-year anniversary with the company and his 40-year anniversary as its General Director.
As Speaker of the Board of Directors for the key fixing systems business division, Armin Heß took on his new role at the fischer Group of Companies on 1 July.
fischer fixing systems and fischer automotive sites that were temporarily closed due to the Coronavirus pandemic have now reopened. The fact that the production sites are running at full capacity highlights the positive developments in China.
The fischer Group of Companies successfully concluded the 2019 financial year. With a gross turnover of 887 million euro, the family business from Waldachtal in the northern Black Forest exceeded the previous year’s excellent figures (864 million euro) by 23 million euro. The fischer fixing systems division contributed above average with a six per cent year-on-year increase in turnover. In contrast, the automotive industry’s recession has been noticeable in the fischer automotive company division, which was down by eight per cent year on year. fischer is expecting a turnover increase for the current financial year 2020 at a distinctly higher rate of over 900 million euro, provided this objective is not impaired by the effects of the coronavirus or by a recession. In total, fischer employs more than 5,200 members of staff.
The fischer Group of Companies is among Germany’s top employers for the fifth time in succession. fischer was declared a “TOP National Employer” in a nationwide employee survey recently published by FOCUS news magazine. The Group of Companies also scored highly with customers: According to a recent survey by a FOCUS Money consumer survey, fischer is among the “Most Popular Family Businesses” for the fourth time.