PETpla.net Insider 07+08 / 2015

EVENT 37 PET planet insider Vol. 16 No. 07+08/15 www.petpla.net Faster growth than the sector average On the right-hand side Mr Klaus Siegmund, new CFO of Engel since April 1, 2015. Next to him f.l.t.r.: Mr Peter Neumann (CEO), Mr Christoph Steger (CSO) and Mr Stefan Engleder (CTO). MHT MOLD & HOTRUNNER TECHNOLOGY AG Your Machine - Our Solution German Technology On the occasion of the Engel Symposium, taking place every three years in Austria, the company presents its last years turnover figures. They achieved a new record turn- over of 1,07 billion euros in the 2014/15 financial year that closed with the end of March. In comparison to the previous year, the injection moulding machine manufacturer and system provider based in Schwertberg, Austria, achieved an increase of 14%. For the new fiscal year, it is planned to make further investments in the company sites worldwide, in the distribution and service structures and also in the apprentice workshop. “Almost all regions have made a contribution to this success,” empha- sises Dr Peter Neumann, CEO of the Engel Group. “The particularly dynamic regions also include North America and China. The spring events there – the NPE in March in Orlando, Florida, and the Chinaplas compared to local suppliers and ben- efit from this development.” This year, the company headquar- ters in Schwertberg, Austria is one area of focus for investments. To the south of the factory site, a new build- ing is being constructed with a new apprentice workshop and more space for customer support. www.engelglobal.com in May in Guangzhou – have already confirmed the positive investment climate.” A growth rate of about 7% still makes China one of the most dynamic national economies, even if the growth is slowing. “We view this ‘new normal’ positively,” says Dr Christoph Steger, CSO at Engel. “The markets have reached a certain maturity. Quality is increasingly coming into focus. As an injection moulding machine manufacturer with particu- larly extensive expertise in technol- ogy, automation and system solutions, we have a competitive advantage