The Slovenia Times

Dewesoft invests $7 million in American subsidiary

Ohio, US
Dewesoft opens new headquarters of its US subsidiary in a US$ 7 million investment.
Photo: Dewesoft

Dewesoft, the Trbovlje-based manufacturer of high-tech measurement solutions, has launched a new headquarters of its US subsidiary in Whitehouse, Ohio. The $7 million investment will accelerate the company's growth in the US and global markets of measurement solutions, the company said.

Dewesoft US is the company's largest subsidiary, selling and supporting a broad range of data acquisition measuring and recording instruments.

Having been operating on the same location in Whitehouse since 2012, the subsidiary currently employs more than 50 people.

The investment was absolutely necessary due to the company's rapid growth and the need for bigger premises, said Jure Knez, co-founder and president of Dewesoft.

"This significant investment conveys the message that we will be even closer to our local customers in the future with our measurement technology and support," he added.

The plan now is to expand the subsidiary's "support, order processing, service, accounting, business development, sales, marketing, and application center departments by 20% by the end of the year", reads the press release.

The US, where Dewesoft has been present for over twenty years, is currently the largest single market for Dewesoft, accounting for a third of the group's turnover.

"In 2022, sales in the American region reached $38.5 million, which is a 30% increase compared to 2021 or 50% growth compared to 2020. The expected forecast of annual turnover for 2023 is $45 million, which means another record year for the American team."

Founded in 2000, Dewesoft specialises in the development and production of innovative scientific measuring instruments and software for different sectors, including automotive, aerospace, construction, energy, civil engineering, and green technology. It is the majority owner of 18 subsidiaries worldwide.

The group generated more than €75 million in revenue last year. Its customers include NASA, ESA, SpaceX, Airbus, Honeywell, Siemens, BMW, Caterpillar, Volvo and Audi.


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