THE1GROUP Holding GmbH is an investment holding with operating subsidiaries in Falkenstein/Vogtl., Nettetal and Belgrade (Serbia). Its main activities are the manufacture and sale of card solutions (smartcard systems) including bank, gift, insurance and access cards as well as related print products, personalization, mailing services and online services. In fiscal year 2023 the group reported revenue of EUR 33,378,434.23 and employed on average 273 staff. Key certifications and security audits are in place (DIN‑ISO 9001:2015, Visa/Mastercard audits, eGK G2 certification).
Erwerb, Gründung, Halten und Veräußerung von Gesellschaftsanteilen an Firmen jeglicher Rechtsform und jeglichen Unternehmensgegenstandes; Verwaltung des Gesellschaftsvermögens in Anlageformen jeglicher Art
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 32811 (as of 30 October 2026)
| Name | Type | City |
|---|---|---|
| Stephan Siegel | Geschäftsführer(in) | Dresden |
| Company | Location |
|---|---|
 GREET+ GmbH | Falkenstein/Vogtl. |
| SINC NOVATION Falkenstein GmbH | Falkenstein/Vogtl. |
| SINC NOVATION GmbH | Falkenstein/Vogtl. |
Source: German Commercial Register (Handelsregister) Chemnitz Local Court, HRB 32811 (as of 30 October 2026)
| Date | Event Type | Event |
|---|---|---|
| 15.01.2024 | Gesellschaftsvertrag amended | Gesellschaftsvertrag |
| 14.02.2020 | Company Name Change | THE1GROUP Holding GmbH |
| 14.02.2020 | Gesellschaftsvertrag amended | Gesellschaftsvertrag |
| Date | Type | Change | Total Capital |
|---|---|---|---|
| 15.01.2024 | Capital Increase | +3.100 € | 28.100 € |
| 12.11.2019 | Share Capital Set | — | 25.000 € |
Source: German Commercial Register (Handelsregister) Chemnitz Local Court, HRB 32811 (as of 30 October 2026)
| Year | Revenue | Profit | Balance | Employees |
|---|---|---|---|---|
| 2024 | €29,405,776 | €1,559,556 | €20,577,665 | — |
| 2023 | €33,378,434 | €2,542,230 | €24,229,061 | — |
| 2022 | €34,366,000 | €2,906,993 | €23,082,062 | — |
| 2021 | €28,322,711 | €1,735,187 | €23,130,922 | — |
| 2020 | €29,178,446 | €1,891,448 | €22,180,565 | — |
| 2019 | — | €29,574 | — | — |
| 2018 | €2,904,814 | €31,302 | €18,548,003 | — |
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Source: German Commercial Register (Handelsregister) Chemnitz Local Court, HRB 32811 (as of 30 October 2026)
| Cost type | Amount | Share |
|---|---|---|
| Personnel Costs | €9,594,998 | 84.3% |
| Depreciation | €1,581,393 | 13.9% |
| Interest & Similar | €211,707 | 1.9% |
