London, UK – March 6, 2020 - The Financial Times has named the 1000 most exciting and successful companies in Europe in its fourth annual ranking of businesses by turnover growth. The list includes global robotics company AutoStore headquartered in the village of Nedre Vats in Norway
Since its establishment in 1996, AutoStore has grown to become a world leader in robotics and warehouse storage solutions with offices in USA, UK, France, Germany, Poland and Japan. The company, which provides cube-based storage automation systems for clients such as Asda and Puma, has reached another peak after being featured in the FT’s prestigious list of excelling companies. Now in its fourth year, this ranking of businesses by turnover growth includes disrupters driving technological innovation.
The international company has experienced unprecedented growth in recent years and nearly 450 stores around the world currently utilise the unique AutoStore technology. In November 2019, AutoStore claimed ‘Business of the Year’ at the European Business Awards, and in the fall of 2018, they were highlighted as one of 100 companies in ‘Europe’s 100 Digital Champions’ award run by the Financial Times and Google.
Following the success of the Red Line storage system which has had significant worldwide success, AustoStore developed its new Black Line system in early 2019 and is currently driving its implementation across sectors.
Karl Johan Lier, CEO of AutoStore said, “We are incredibly grateful for being recognised for the work we are doing as one of the world leaders in robotics and see this as encouragement to continue to innovate our storage solutions. Our industry is progressing at such great speed and we at AutoStore strive to constantly develop our technological capabilities. The most exciting time for AutoStore is yet to come and we look forward to innovating products for the ever-changing logistics landscape.”
“Our success to date has largely been due to the immensely talented individuals at our company, each of whom is a leader in their fields and who understand the rapid pace of technological and social change we are witnessing globally. We look forward to continuing to grow our talent pool of great thinkers who look to the future as we enter a new decade,” he added.
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AutoStore, founded in 1996, is a robot technology company that invented, and continues to pioneer, Cube Storage Automation – the densest product/inventory storage solution in existence. The company’s focus is to marry software and hardware with human abilities to create the future of warehousing. AutoStore is global, with more than 400 systems installed in 30 countries over a wide range of industries. All sales are designed, installed and serviced by a network of qualified system integrators – which AutoStore calls ‘partners’. The company’s headquarters is in Nedre Vats, Norway, with offices in the U.S., UK, Germany, Poland, Japan and France.