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NIEUWS

VDL will subject tens of thousands of passenger cars a year to rigorous inspections at its Born campus before these vehicles are transported to dealers. For this purpose, VDL Special Vehicles in Born has signed a multi-year contract with Hödlmayr, the Austrian family business that has one of Europe's largest logistics networks in the automotive sector.

VDL Groep is working to further broaden and strengthen its hightech activities. The industrial family business with its headquarters in Brainport Eindhoven is taking its first, substantial steps into the nuclear sector, a key growth market. Operating company VDL KTI in Mol, Belgium, will produce and supply crucial components for the new PALLAS reactor in Petten. The arrival of this new isotope reactor will secure the supply of medical isotopes and allow the Netherlands to continue helping millions of people over the next 50 years and further strengthen its position as a top global producer.

Public transport operator Arriva has placed an order for as many as 157 new electric buses from VDL Bus & Coach, the buses division of VDL Groep. These buses, the new generation VDL Citea, are destined for the new West Brabant concession, which will enter into operation on 6 July 2025.

As forecast, 2024 has been less successful than last year. Events which directly impact the results are coming together, including the further winding down at VDL Nedcar, the unfavourable situation caused by the delayed deliveries by the Buses & Coaches division, delays in the market and rising costs (wages, interest, legislation). The combined turnover has fallen. On a positive note, excluding the Car Assembly division, there has been a slight rise in turnover. In the second half of 2024, the turnover will be in line with the turnover for the first six months. The results are expected to show the first steps on the road to recovery.

Peter Wennink has joined the Supervisory Board of VDL Groep. On 1 September 2024, the 67-year-old former CEO of chip machine maker ASML joined the Supervisory Board of the industrial family business with its headquarters in Eindhoven.