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Vorarlberg University of Applied Sciences

1989 establishments in AustriaAustrian building and structure stubsEducational institutions established in 1989Europe university stubsVorarlberg University of Applied Sciences
Haupteingang der FHV
Haupteingang der FHV

The Vorarlberg University of Applied Sciences (German: Fachhochschule Vorarlberg) in Dornbirn in Vorarlberg (Austria) is a leading Austrian University of Applied Sciences. It was founded in 1989 going under the name of "Technical School, Vorarlberg". Its charter is to provide degree programmes with a direct link to work practice. About 1.300 students are currently enrolled in Bachelor's and master's degrees in the areas of Business, Engineering, Design and Social Work. FH Vorarlberg enjoys excellent relations with business and industry in Vorarlberg. Many of the companies are world leaders or among world leaders in their areas. Close cooperation with these top companies means that students can choose from a range of internships and graduates have excellent job prospects. The number of research contracts from business and industry is proof of FH Vorarlberg's strong links to high-tech companies. For instance, in January 2014, the Josef-Ressel-Center for microtechnology has been inaugurated at FH Vorarlberg.

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Vorarlberg University of Applied Sciences
Achstraße,

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N 47.406111111111 ° E 9.7441666666667 °
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FH Vorarlberg

Achstraße 1
6850 , Hatlerdorf
Vorarlberg, Austria
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fhv.at

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Haupteingang der FHV
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Zumtobel Group

The Zumtobel Group is an Austrian company specialising in lighting headquartered in Dornbirn. Zumtobel engages in the development, production and sales of lighting, luminaires, lighting management and lighting components for indoor and outdoor applications. The company is a European market leader for professional lighting systems and the number two for lighting components in Europe. The group operates 10 production facilities on three continents as well as sales and partner companies in nearly 90 countries.Since 2007, the group has presented the Zumtobel Group Award (long name Zumtobel Group Award – Innovations for Sustainability and Humanity in the Built Environment) to architects and engineers every two years. The prize was worth 140,000 euros in 2012, 150,000 euros in 2017 and 120,000 euros in 2021.In the financial year from May 2017 to April 2018, the company recorded a loss of 46.7 million euros due to pricing pressure and currency effects and did not pay out a dividend for this period. Revenue declined by 8 percent and the share of LEDs in revenue increased from 73.6 to 79.6 percent. In 2018/19, the Zumtobel Group significantly reduced the net loss from 46.7 to 15.2 million euros. As a result of uncertainties related to Brexit and price pressure caused by intense competition in the lighting industry, revenue declined by 2.9 percent to 1.162 billion euros. The operating result (EBIT) improved from minus 7.3 million to 2.7 million euros. Profitability also increased compared to the previous year. Group EBIT, adjusted for one-off effects, rose by 8 million euros to 27.6 million euros. Return on sales improved to 2.4 percent. On 25 June 2020 the Zumtobel Group announced the figures for the 2019/20 financial year: net profit for the year rose by 30 million euros to a plus of 14.5 million euros. Adjusted Group EBIT almost doubled to 53.9 million euros despite a slight decline in revenues due to the global COVID-19 pandemic. The EBIT margin increased from 2.4 percent to 4.8 percent. In the 2020/21 financial year, the Zumtobel Group recorded a more than 100% increase in net profit to 45.6 million euros, despite a 7.7 percent decline in revenues due to the ongoing effects of the COVID-19 pandemic. Adjusted Group EBIT thus rose by 23.4 percent to 43.4 million euros. In the 2021/22 financial year, Group sales increased to 1,148.3 million euros and EBIT to 60.8 million euros. Net profit was 45.8 million euros.