Business NEWS
Topics:
corporate earnings
business reporting and performance
automotive
Lörrach’s NSI Defies Automotive Industry Crisis with Revenue Growth

www.badische-zeitung.de

Lörrach’s NSI Defies Automotive Industry Crisis with Revenue Growth

Lörrach’s NSI achieves revenue growth approaching €42 million despite challenges in the automotive sector.

    Key details

  • • NSI increased revenue despite the automotive industry crisis.
  • • The company projects nearly 42 million euros in revenue this year.
  • • NSI employs 236 staff including 16 apprentices.
  • • Significant investments were made in machinery to sustain operations.

The Lörrach-based company NSI has reported a successful financial year, increasing its revenue despite the ongoing automotive industry crisis. Specializing in the production of precision turned parts, NSI currently employs 236 individuals, including 16 apprentices. The company projects its revenue for this year to approach nearly 42 million euros, marking notable growth amid sector challenges.

NSI has made significant investments in machinery to support and maintain its operational quality and capacity. Managing Director Wolfgang Wetzel continues the company tradition of recognizing long-serving employees during its annual ceremony, underscoring a focus on workforce stability and corporate culture.

This development highlights NSI's resilience and strategic approach amid adverse market conditions in the automotive sector, reflecting a strong performance against broader industry headwinds.

This article was synthesized and translated from native language sources to provide English-speaking readers with local perspectives.

Latest news

The top news stories in Germany

Delivered straight to your inbox each morning.

Sign up