TVH held up as successful remanufacturer in EUBelgian-headquartered parts specialists TVH, has been acknowledged for its remanufacturing work in an official statement by the European Remanufacturing Council (ERC) to several European heads of state.
The statement was made during a European summit in Alden Biesen which was hosted by Belgian Prime Minister Bart De Wever and attended by French President Emmanuel Macron, German Chancellor Friedrich Merz, Italian Prime Minister Giorgia Meloni, and European Commission President Ursula von der Leyen.
The meeting was held to discuss ways of strengthening the single market, reducing economic dependencies and boosting EU competitiveness in a new geo-economic context.
The ERC used the meeting to advocate for the “ReMade in Europe” sector, stating that the more this sector grows, less material needs to mined, refined and machined to produce new products.
“An increasing number of original equipment manufacturers can take back their own equipment for remanufacture (Xerox, AISIN, Schneider Electric, SKF, Valeo, and Brother are examples),” the ERC’s statement reads.
“But there are also specialists who carry out the work on their behalf. TVH is one example.”
Lorenz Verfaillie, director electronics at TVH says: “Our remanufacturing activities include disassembly, replacement of defective or worn parts, and post-assembly inspection”.
“Ultimately, our team of around 200 experts return products to a state that matches the quality of a new product,” Verfaillie continues.
“We have been successfully remanufacturing for over 30 years, and we are confident that our REMAN services will only grow further in the coming years.”
The World Bank is forecasting sales of EUR100 billion (USD118 billion) for the ReMade in Europe sector by 2030.