The global growth of development service provider FEV continues: Local government officials and business leaders participated in a festive ground-breaking ceremony in mid October for a new building at FEV’s headquarters in Aachen.
FEV Group President and CEO Professor Stefan Pischinger explained that FEV is taking another step toward meeting the needs of its steadily growing employee base with the addition of the new building to its headquarters complex. In the last 12 months alone FEV’s workforce at its German sites has grown by more than 250 professional employees. The continuously growing demand for advanced development services also necessitated expansion at the Aachen site in the Neuenhofstraße. The seven storey complex with office areas on five floors will be the future headquarters of FEV Group and will also house a staff restaurant with 250 seats.
FEV had already strategically realigned its organisational structure at the beginning of the year. “The restructuring will grant more operative responsibility to our core business areas, and at the same time allow them to focus more on their respective area of responsibility,” said Pischinger. “This will allow us to serve our global customers even more efficiently and appropriately.”
The strategic realignment goes hand in hand with the successive expansion of staff and company presence, which included the launch of the extension of FEV’s durability testing center in Brehna in June of this year. Further expansion projects of the international FEV sites are planned.
