Mar 11 • 13:58 UTC 🇩🇪 Germany FAZ

Jungheinrich: "The China Wave is Rolling and is Becoming a Problem Across Europe"

Lars Brzoska, CEO of Jungheinrich, discusses the impact of Chinese technology on the forklift industry in Europe and outlines the company's strategy for growth amidst these challenges.

In an interview, Lars Brzoska, the leader of Jungheinrich, addresses the growing influence of Chinese technology and competition within Europe's material handling sector. He acknowledges that while forklifts remain a staple in most larger businesses, robotic solutions for transporting and stacking goods are increasingly becoming prevalent. This shift raises questions about the future of traditional forklifts and the potential impacts on the industry as a whole.

Brzoska reveals his dual strategy for Jungheinrich, which involves leveraging Chinese technology while also focusing on expanding the company's high-end segments. This approach aims to double the business in response to the increasing pressures from competitors and changing market dynamics. Furthermore, he notes the challenges posed by labor representatives, particularly from IG Metall, emphasizing the balance the company must maintain between growth and workforce considerations.

The discussion highlights broader themes of globalization and technological change in manufacturing, particularly how European companies are adapting to the rise of competition from China. Brzoska’s insights not only reflect the operational strategies of Jungheinrich but also indicate larger trends affecting the European industrial landscape, emphasizing the need for innovation and adaptability in an increasingly competitive environment.

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