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Jena still boosting Schott’s success

Schott AG, a major multinational based in eastern Thuringia, has redoubled its commitment to Jena: It is investing another eight-digit sum here. The technology company, which markets innovative glass and glass ceramic products and solutions, recently announced that business is booming in the city on the Saale.

The corporation grew sales 2.2 percent in 2020 despite the challenges posed by the pandemic. Its operating profit rose year-on-year to EUR 288 million, while its net profit of EUR 199 million came in just under the previous year’s level. Business was good in large part due to the success of the cell phone cover glass that Schott produces in Jena. The tough touchscreen glass was a big seller and helped to write another chapter in the company’s success story. Schott also notched up big wins producing vials for active pharmaceutical ingredients: Its customers include COVID-19 vaccine manufacturers, who have already received 80 million vials. Schott’s senior management team intends to continue its company’s successful trajectory in Jena with extensive investments in the future. (hw)

Special glass manufacturing with the microfloat unit at SCHOTT in Jena. Photo: SCHOTT

Special glass manufacturing with the microfloat unit at SCHOTT in Jena. Photo: SCHOTT