A year of steady growth and strategic expansion
The year 2022 marked a major milestone for the TPS Group. With over 120 employees worldwide and revenue exceeding €15 million—approx. 100 million RMB based on average 2022 exchange rates—the company strengthened its position in electronics manufacturing and power electronics across Europe and Asia.
This performance reflects both financial progress and the effectiveness of TPS’s global collaboration and sustainable business strategy.
Key takeaways
- Sustained growth: TPS Group surpassed 120 employees across multiple locations
- Solid financials: Revenue above €15 million (approx. 100 million RMB) in FY2022
- International footprint: Operations and partnerships in Europe and Asia
- Technical depth: Expertise in electronics manufacturing, power supplies, and customized system solutions
- Long-term relationships: Strong ties with customers in industrial, automotive, and medical technology
Driving growth through global collaboration
TPS Group brings several business units together under one group structure with a focus on efficiency, quality, and innovation.
European operations emphasize R&D, quality assurance, and customer service, while Asian sites contribute significantly to manufacturing and supply-chain optimization.
This setup delivers:
- shorter delivery times
- stable production capacity
- high flexibility for customized project execution
The result is a scalable, globally connected system that enables consistent quality for clients worldwide.
Investment in people and technology
Behind every milestone are the people who make it possible. TPS invests continuously in employee development, modern manufacturing technologies, and automated testing to support long-term competitiveness and quality.
In 2022, TPS:
- commissioned new production lines
- implemented digital quality monitoring
- enhanced internal processes in line with ISO 9001 and IATF 16949
These measures underline TPS’s commitment to continuous improvement.
Strategic focus for the future
The achievements of 2022 provide a solid basis for the next phase. TPS Group plans to:
- expand its European presence
- increase R&D investment
- advance energy-efficient, sustainable technologies in power electronics and automation
This strategy aligns growth with responsibility—toward employees, customers, and the environment.
Conclusion
With more than 120 employees and revenue above €15 million in 2022, the TPS Group demonstrates steady growth, technical expertise, and effective international cooperation. These results reflect a culture built on trust, quality, and long-term thinking.
