Research and development

Strategic focus of research and development

In 2013, the KION Group again channelled a considerable proportion of its product revenue into research and development in order to enhance its portfolio so that it can secure its position as a leading technology provider. Total R&D spending, including depreciation, amortisation and impairment, as well as capitalisation of development expenses, amounted to €114.2 million in 2013 (2012: €120.2 million). The decline is essentially attributable to the sale of the hydraulics business. Research and development (R&D) is therefore geared towards the overarching aim of containing customers’ total cost of ownership (TCO) – including purchase price, maintenance and repair costs and fuel consumption – while complying with environmental targets and regulatory requirements. Another aim is to integrate the KION Group’s logistics solutions into customers’ value chains and harness the potential of new application areas.

Brand-specific and cross-brand modular and platform strategies are pursued to ensure research and development is as cost-efficient as possible, the complexity and variety of products is reduced and development times are shortened. The cross-brand R&D platform enables research results and technological expertise to be shared, although responsibility for product development lies mainly with the individual companies.

Key R&D figures

Focus of R&D in 2013