Press release content from PR Newswire. The AP news staff was not involved in its creation. ZKW expands and generates more than one billion euros in revenue February 17, 2021 GMT - ZKW achieves highest order volume in company history. - Company positioned for strong future growth. WIESELBURG, Austria, Feb. 17, 2021 /PRNewswire/ -- The ZKW Group, a specialist for innovative premium lighting systems and electronics, which runs North American facilities in Troy, Michigan, and Silao, Mexico, is expanding its international network. In early May, the ZKW Group will be adding a new development office in Olomouc/Czech Republic and a sales and development office in Shanghai to its 10 existing international locations. The new branch in Olomouc will support the global engineering network, while handling further development tasks to add to existing capacities in Austria. Fifty new jobs will be created during the initial expansion, with the company’s goal to employ more than 100 specialists by 2023. The new sales and development office in Shanghai will support the existing ZKW location in Dalian. These expansion steps underscore the ZKW Group’s successful trajectory. Despite the pandemic and the difficult economic environment, the Group succeeded in generating revenues of 1.03 billion euros in 2020. “We were able to maintain production at our locations through a major organizational effort and by showing outstanding flexibility. We have the excellent teamwork and commitment of all of our employees to thank for our success. Now, we will continue to grow through our global development footprint,” says Oliver Schubert, CEO of the ZKW Group.