https://www.lte-group.eu/de/News-Blog/The-Roaring-Twenties.htm
At the turn of the year, LTE could look back with satisfaction on the past two decades of consistent corporate prosperity. The LTE Group team is now looking forward to an exciting decade: their own “Roaring 20s.”
Since its founding nearly 20 years ago, the company has focused on establishing a strong presence through its route network, which has since become an integral part of much of Europe. “Last year, we successfully laid the groundwork for a ninth subsidiary in Bulgaria, and our sister company, Adria Transport in Slovenia, is expanding its business into Croatia,” says Andreas Mandl, CEO of the LTE Group, with a sense of pride.
LTE will soon be operating in nine European countries (AT, HU, SK,
CZ, NL, DE, RO, PL, BG) through its own subsidiaries and its
sister companies in Slovenia and Croatia. In recent years, the
group’s revenue has grown to 135 million euros, its fleet to approximately 80
locomotives, and currently 460
specialists from a wide variety of fields are already working for the LTE Group. “The subsidiaries are operating extremely successfully in their respective markets,” emphasizes Michael Benda, CFO of the LTE Group.
“Our colleagues in Germany operate with an extremely
lean structure and are highly efficient, and our newest subsidiaries in
Romania and Poland have, within a very short time, transformed one-man operations into two
successful companies with a total of 100 employees.
Essentially, the LTE-group
puts the European ideal into practice every day, as it develops
tailor-made success strategies with its customers, which are then implemented individually together with
and within the nine subsidiaries. In other
words: “Decentralized organization in the countries, but one face to the
customer.” In addition, rail transport makes an important contribution to
climate protection: in Austria, for example, there is now only green
(CO₂-free) traction power, meaning it comes 100% from renewable energy.