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Annual report 2012 - VDL

Annual report 2012 - VDL

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Innovation<br />

Our overall policy is focused on innovation in connection with products and production methods. We<br />

continuously seek the best techniques and invest in the most advanced machinery. Every day we are<br />

involved in the latest developments to strengthen our competitive position on the world market.<br />

The head office of <strong>VDL</strong> Groep is based in Eindhoven, and subsidiary companies are concentrated in<br />

Southeast Brabant. This top technology region, Brainport Eindhoven, is an excellent home base for our<br />

company. Here we are able to realize high-tech products and projects in collaboration with educational<br />

institutions, government and other companies. From this location we have succeeded in establishing<br />

unique collaborative ventures with various customers, in which we, as an authoritative supplier, provide<br />

highly innovative technical solutions developed through open innovation.<br />

In <strong>2012</strong> we spent 62 million euro on research and development, and a total of 633 employees were<br />

involved in R&D-related activities across all <strong>VDL</strong> companies. That places <strong>VDL</strong> Groep in 13th place in the<br />

“Technisch Weekblad” index, making us one of the most innovative companies in the Netherlands. Once<br />

again in 2013 we will be investing heavily in innovation, with a view to further strengthening our position.<br />

Strategy<br />

<strong>VDL</strong> Groep aims at controlled development, in which the control of the organization and the maintenance<br />

of the financial positions are the main considerations. The policy of <strong>VDL</strong> Groep is aimed at continuous<br />

improvement of its competitive position. An essential aspect of this is the analysis and control of costs. <strong>VDL</strong><br />

Groep also endeavours to maintain the highest level of quality in all its subsidiaries. The investments are<br />

therefore geared towards the renewal, improvement and expansion of the product range and the<br />

production facilities. In addition, a priority in our personnel policy is to ensure internal promotion<br />

possibilities of employees.<br />

<strong>VDL</strong> Groep believes in the importance of continued manufacturing in the Netherlands and the Flanders<br />

region of Belgium, in a competitive manner. Through our investments in solid professional skills, as well as<br />

in robotization and automation, we aim to continuously improve our competitive position in the<br />

international market. In addition, our industrial activities in Eastern Europe and Asia enable us to respond<br />

to the specific wishes of our customers in terms of production in these regions. As a result of our sales<br />

branches in various countries and our extensive network of importers and agencies, we are able to sell our<br />

products worldwide. Despite the expansion of <strong>VDL</strong> Groep and the increasingly international character of<br />

the company, however, <strong>VDL</strong> is and will remain a family business.<br />

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