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2017 Export awards winners: Julius Blum GmbH

2017.08.10

The annual export prizes recognise the extraordinary achievements of Austrian companies on international markets. They have been awarded by the Austrian Federal Economic Chamber and the Federal Ministry of Science, Research and Economy since 1994. This year’s special ‘Global Player Award’ went to Julius Blum GmbH.

The annual Global Player Award honours companies that have achieved a commanding position on the global market over the preceding few years, building up an efficient overseas network and establishing themselves as pioneers in a sector or a country – criteria that are all met by Julius Blum GmbH .

Specialising in manufacturing and supplying furniture fittings, this family firm has an international footprint. Blum began producing its first in-house innovation, concealed furniture hinges, as far back as 1964. The company’s first hinge was such a success that exports followed just one year later, with Blum’s international representatives starting work in 1967.

Blum is now the global market leader for furniture fittings; in addition to 7 factories in Austria, it has manufacturing facilities in Brazil, Poland and the USA. The company also has 29 subsidiaries and/or branch offices across every continent, and supplies customers in over 120 countries. Approximately 50% of its turnover is achieved within the EU, 15% in the USA and 35% elsewhere. The company’s export stands at around 97%.

Chief Executive Gerhard E. Blum puts Blum’s striking success as a Global Player down to the fact that the company sees internationalisation as more than just a business opportunity. ‘The decisive factor for success on global markets is an open approach to different mentalities and the respect for other cultures that goes with that,“ he explains.

Last modified
2017.08.02
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