WEMA Vogtland Technology GmbH, based in Plauen, is a subsidiary of Global Retool Group GmbH and, together with its subsidiary GRG America LLC, conducts retooling, retrofitting and overhaul of machine tools for the automotive industry and its suppliers. Since 2018 the product portfolio has been expanded to include conversion of large machines, assembly and test systems, and relocation of machines for automotive and non‑automotive customers; activities on the Chinese market are carried out via the joint venture Jiangsu Wema Yueda Smart Equipment Co. Ltd. In the 2022 financial year the company generated revenue of TEUR 10,121, employed on average 66.25 employees (63 at the balance sheet date) and reported a net loss of TEUR 4,024. The balance sheet at 31 December 2022 shows a deficit not covered by equity of EUR 13,276,831.27; in 2022 the company invested a total of TEUR 41, of which TEUR 27 related to a geometry laser.
Bau, Umbau und Vertrieb von Werkzeugmaschinen.
Converted using the official Destatis and Eurostat correspondence tables; ISIC Rev. 4 is the United Nations' international industry classification.
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Source: German Commercial Register (Handelsregister) Chemnitz Local Court, HRB 25078 (as of 24 October 2026)
| Name | Type | City |
|---|---|---|
| Tim Dahlmanns | Geschäftsführer(in) | Wegberg |
| Company | Location |
|---|---|
 Global Retool Group America LLC | ROCKFORD |
Source: German Commercial Register (Handelsregister) Chemnitz Local Court, HRB 25078 (as of 24 October 2026)
| Date | Event Type | Event |
|---|---|---|
| 18.12.2009 | Gesellschaftsvertrag amended | Gesellschaftsvertrag |
| 03.07.2009 | Company Name Registered | WEMA Vogtland Technology GmbH |
| 03.07.2009 | Registered Seat | Plauen |
| Date | Type | Change | Total Capital |
|---|---|---|---|
| 03.07.2009 | Share Capital Set | — | 25.000 € |
Source: German Commercial Register (Handelsregister) Chemnitz Local Court, HRB 25078 (as of 24 October 2026)
| Year | Revenue | Profit | Balance | Employees |
|---|---|---|---|---|
| 2022 | Rohergebnis€3.7M2 | -€4,019,162 | €20,272,350 | — |
| 2021 | Rohergebnis€3.3M2 | -€5,566,793 | €19,467,695 | — |
| 2020 | Rohergebnis€4.7M2 | -€6,103,527 | €15,940,900 | — |
| 2019 | €20,105,000 | -€75,000 | €15,238,591 | — |
| 2018 | €18,167,000 | -€37,000 | €12,043,917 | — |
| 2017 | €11,591,000 | -€785,161 | €12,154,563 | — |
| 2016 | Rohergebnis€11.3M2 | €718,893 | €13,897,444 | — |
| 2015 | Rohergebnis€9.6M2 | €290,472 | €13,113,087 | — |
| 2014 | Rohergebnis€11.1M2 | €1,258,959 | €8,596,746 | — |
| 2013 | Rohergebnis€12.1M2 | €568,227 | €10,815,011 | — |
1 Small companies are not required to publish a profit-and-loss statement (§ 326 (1) HGB). The figure shown is the statutory ceiling under § 267 HGB where the balance-sheet total makes it binding — a company may exceed at most one of the three size criteria.
2 Rohergebnis nach § 276 HGB: Umsatzerlöse abzüglich Materialaufwand bzw. Herstellungskosten. Kleine und mittelgroße Kapitalgesellschaften dürfen diese Posten zusammenfassen; die Umsatzerlöse selbst sind dann nicht veröffentlicht und liegen über dem Rohergebnis.
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Source: German Commercial Register (Handelsregister) Chemnitz Local Court, HRB 25078 (as of 24 October 2026)
| Cost type | Amount | Share |
|---|---|---|
| Personnel Costs | €4,080,009 | 76.6% |
| Depreciation | €242,607 | 4.6% |
| Interest & Similar | €1,005,649 | 18.9% |
