PRESS RELEASE : KION Group commences production of forklift trucks at new Polish plant

DGAP-News: KION GROUP AG / Key word(s): Expansion 
KION Group commences production of forklift trucks at new Polish plant (news with additional features) 
2021-07-08 / 12:06 
The issuer is solely responsible for the content of this announcement. 
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KION Group commences production of forklift trucks at new Polish plant 
- Total of around EUR80 million invested at the site in Kolbaskowo 
- Up to 400 new jobs to be created by the end of 2023 
- Roughly 44,000 square meters of space for production and engineering; expansion option already planned 
 
Frankfurt/Main, July 8, 2021 - KION GROUP AG has opened a cutting-edge industrial truck plant in the Polish town of 
Kolbaskowo, near Szczecin. The site will produce counterbalance trucks for all brand companies within the KION 
Industrial Trucks & Services segment. This includes model series previously produced at sites in western Europe, with 
the aim of enhancing the degree of automation and digitalization at those sites. In order to speed up delivery times, 
model series that are currently only produced in Xiamen, China, will also be manufactured in Kolbaskowo as of next 
year. 
The new plant in Poland adds to the KION Group's existing European-wide production sites and will focus on products for 
customers in the EMEA region with less demanding applications. "The new site in the heart of Europe will allow us to 
make further inroads into this fast-moving, high-potential market segment," says Gordon Riske, Chief Executive Officer 
of KION GROUP AG. "The location near the German-Polish border has the additional benefit of easy access to an excellent 
network of suppliers." 
Through its three strong brand companies, Linde Material Handling, STILL, and Baoli, the KION Group is looking to do 
even more to support its customers with the growth of the intralogistics market in the EMEA region. It has invested a 
total of around EUR80 million in the new plant to achieve this goal. KION, the world's leading supplier of material 
handling and logistics equipment, plans to create up to 400 jobs at the Polish site by the end of 2023. "The new 
employees will benefit from an attractive, state-of-the-art working environment, and the site also comes with 
engineering capabilities that will pave the way for further growth perspectives," says works manager Tomasz Maleszka. 
The approx. 18 hectare site incorporates a cutting-edge production facility designed along sustainable principles and 
an administrative center, which together provide nearly 44,000 square meters of space - equivalent to around six soccer 
pitches. KION has also made provision for future growth, with the new site incorporating an expansion option for 
another (production) building of around 20,000 square meters. 
The KION Group in Poland 
KION's brand companies have had a successful presence in the Polish market for many decades, and have made the KION 
Group one of the country's leading providers of industrial trucks and warehouse technology. More than 25,000 new trucks 
were ordered in Poland last year, of which around 30 per cent were purchased from KION Group brand companies. 
The Linde Material Handling Polska Sp. z o.o. and STILL Polska Sp. z o.o. sales outlets focus on providing an 
all-around service and comprehensive logistics solutions, and are in high demand as business partners for customers 
looking for innovative industrial trucks. The product offering is designed for companies - from multinationals through 
to smaller family businesses - that value innovative, high-quality, and powerful products equipped with market-leading 
technology. STILL also has its reconditioning center for used trucks in Rokietnica, near Poznan. Every year, around 
2,000 industrial trucks are reconditioned at the 2,500 square meter facility. The KION subsidiary Dematic, a global 
material handling specialist offering intelligent software and automation solutions for optimizing supply chains, has a 
presence through its Dematic Poland Sp. z o.o. branch in Poznan. The KION Group also operates a center of excellence 
for finance & accounting services, IT, and procurement in Krakow, called KION Business Services, and currently employs 
more than 1,200 people in Poland. 
The Company 
The KION Group is among the world's leading suppliers of industrial trucks and supply chain solutions. Its portfolio 
encompasses industrial trucks, such as forklift trucks and warehouse trucks, as well as integrated automation 
technology and software solutions for the optimization of supply chains, including all related services. Across more 
than 100 countries worldwide, the KION Group's solutions improve the flow of material and information within factories, 
warehouses, and distribution centers. 
The Group, which is included in the MDAX, is the largest manufacturer of industrial trucks in Europe in terms of units 
sold in 2020. In China, it is still the leading foreign manufacturer (as measured by revenue in 2020) and number three 
overall. The KION Group is also one of the leading providers of warehouse automation worldwide (as measured by revenue 
in 2019). 
At the end of 2020, more than 1.6 million of the KION Group's industrial trucks and over 6,000 of its installed systems 
were in use by customers of various sizes and in numerous industries on six continents. The Group currently has in 
excess of 36,000 employees and generated revenue of EUR8.3 billion in 2020. 
Current KION Group images can be found in our image database at https://mediacenter.kiongroup.com/categories and on the 
websites of our various brands. 
(fgr) 
Disclaimer 
This release and the information contained herein are for information purposes only and do not constitute a prospectus 
or an offer to sell or a solicitation of an offer to buy any securities in the United States or in any other 
jurisdiction. 
This release contains forward-looking statements that are subject to various risks and uncertainties. Future results 
could differ materially from those described in these forward-looking statements due to certain factors, e.g. changes 
in business, economic and competitive conditions (including with respect to further developments in relation to the 
COVID-19 pandemic), regulatory reforms, results of technical studies, foreign exchange rate fluctuations, uncertainties 
in litigation or investigative proceedings, and the availability of financing. We do not undertake any responsibility 
to update the forward-looking statements in this release. 
Further information for the media 
Michael Hauger 
Senior Vice President Corporate Communications 
Tel: [phone] 
Mobile: [phone] 
[e-mail] 
Frank Grodzki 
Head of External Communications & Group Newsroom 
Tel: [phone] 
Mobile: [phone] 
[e-mail] 
Further information for investors 
Sebastian Ubert 
Vice President Investor Relations 
Tel: [phone] 
[e-mail] 
Antje Kelbert 
Senior Manager Investor Relations 
Tel: [phone] 
[e-mail] 
Dana Unger 
Senior Manager Investor Relations 
Tel: [phone] 
[e-mail] 
 
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Additional features: 
Picture: https://eqs-cockpit.com/c/fncls.ssp?u=5cfda8aaebc539e7a7f034e391302b56 
Subtitle: New KION Group plant in Poland 
File: KION GROUP_Press Release_Start of Production in Poland 
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2021-07-08 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
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Language:     English 
Company:      KION GROUP AG 
              Thea-Rasche-Straße 8 
              60549 Frankfurt/Main 
              Germany 
Phone:        [phone] 
E-mail:       [e-mail] 
Internet:     www.kiongroup.com 
ISIN:         DE000KGX8881 
WKN:          KGX888 
Indices:      MDAX 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 
              Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange 
EQS News ID:  1215621 
 
End of News   DGAP News Service 
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1215621 2021-07-08

 
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(END) Dow Jones Newswires

July 08, 2021 06:06 ET (10:06 GMT)