V.I.B Systems GmbH

V.I.B Systems GmbH carries out planning, manufacture and assembly of plants for the paper industry and also takes on agency representation and purchase and sale activities in the field of power and heat supply and related areas. As an internationally oriented supplier of humidification and steaming systems for the paper industry, the company operates worldwide and is highly dependent on developments in the international paper industry. In fiscal 2010 the newly developed Fluid Tech unit was advanced; a first production test unit went into operation at a development partner in November 2010 and is to be taken over in February 2011. On average in 2010 the company employed 81 staff and achieved a net profit of EUR 118,965.81 (119 TEUR).