Thor Engineering GmbH is a software development company working in the European lift and escalator industry that was founded in the end of 2015 by Lars Gustafsson, founder of the SafeLine Group. Thor Engineering has a stable foundation and finances as a fully owned daughter company of the SafeLine Group, an international business group with its base in the European lift industry. Thor Engineering's office is located in Bornheim City, near the Cologne-Bonn Airport in Germany. Thor Engineering GmbH company is a founding member of the NeXt group. The business administration is done by Olav Hennemann of HEC, which supports the company also with practical help, like building test cabinets.