ABOUT TGW FUTURE PRIVATE FOUNDATION
In 2004 Ludwig Szinicz, Co-founder and owner of TGW Logistics Group GmbH, founded the TGW Future Private Foundation in Wels (Upper Austria), and gave his 100% share of the business to the Foundation. The aim of this donation was to ensure the sustained continuation of TGW Logistics Group in the spirit of Ludwig Szinicz’ Foundation philosophy and to enable the company to maintain its independence.
Today, TGW Future Private Foundation unites industrial and social entrepreneurship under one roof with its two Foundation divisions and, with its two foundation divisions, forms the TGW World, with its core Foundation philosophy: “Focusing on people – learning and growing“. It is intended to be a framework for both Foundation divisions.
Speech Ludwig Szinicz about the Foundation Philosophy with English subtitles (direct access to > Youtube Podcast)
THE “IDEA TGW”
“When I am peering down on TGW in 10 or 20 years’ time, I would like to see that my idea for the future of TGW has been implemented.”
This is how Ludwig Szinicz summarized his legacy in 2016 (see also his Christmas address). And what is the idea behind it? To connect economic stability, human development, and social responsibility through a foundation model.
But the “Idea TGW” is far more than a structural concept. It is a mindset — an understanding that business is not merely about numbers, but about responsibility. It is a living idea, continually reinterpreted and brought to life, translated into concrete fields of action that demonstrate how purpose and success can go hand in hand.
Curious? Click here to watch the “Idea TGW” video.
TWO FOUNDATION DIVISIONS
1. TGW Logistics (Industrial Entrepreneurship)
The logistics company, founded on December 11, 1969 and since 2007 operating as TGW Logistics Group GmbH, is one of the world’s leading system providers of highly automated, efficient and future-proof intralogistics systems. Since 2004 TGW Future Private Foundation has been 100% owner of TGW Logistics Group GmbH, which is thus a Foundation company.
2. TGW Future Wings (Social Entrepreneurship)
Since 2007, this division has been initiating and realizing effective non-profit projects through various legal entities that focus on learning and growing of young people and achieve positive and sustainable changes – for the individual and for society. Currently, this division manages 11 innovative educational projects with more than 100 employees.
INTEGRATED ANNUAL REPORT OF THE TGW WORLD
Discover the TGW world in the new Panorama magazine – with exciting insights into the two foundation areas TGW Logistics and TGW Future Wings. The magazine is available to you as a flipbook and PDF for download. The first integrated annual report from 2021/22 is also still available as a PDF.