In 1969, Ludwig Szinicz together with Heinz König, founded TGW Transportgeräte GmbH & Co. KG, Wels (Upper Austria).
In 2000 the entrepreneur resigned from active business and transferred the management to a younger team of three employees all aged around 30 at the time.
Four years later, in 2004, he donated his 100% share in the company to the TGW Future Foundation, which is now the owner of the company. The objective of this donation is to enable the TGW Logistics Group to continue its activities in line with the founder’s vision, i.e. according to his Foundation Philosophy “Focusing on People – Learning & Growing”, and to enable the company to remain independent.
Since 2007, social entrepreneurship has been promoted through projects of the subsidiary foundations of the non-profit Future Wings and CAP.future GmbH. 10% of the earnings of the TGW Logistics Group are reserved for these non-profit activities.
After completing school in Linz, Ludwig Szinicz attended the HTL Maschinenbau (engineering college) until 1958 and then did a degree in business studies at the Hochschule für Welthandel in Vienna, qualifying in 1963.
In 1964, the business graduate (Diplomkaufmann) founded BEST – Baueisen- und Stahl-Bearbeitungsgesellschaft m.b.H., Haid and remained its managing partner until 1985. Since 1969, TGW has been his professional home. Together with Heinz König, Ludwig Szinicz as owner and managing director developed TGW from a metal-working shop with just ten employees to a manufacturer of mechatronic systems for intralogistics.