In 2022, EMCO will continue to invest and celebrate its 75th anniversary

EMCO CEO, Dr. Ing. Stefan Hansch. In the preview image: precision machining performed by a DYNAMILL G5.

The months 2021/2022 were financially a very challenging period, marked by Covid-19, problems in the supply chain and working part-time. Despite these difficulties, EMCO closed the financial year from 1 April 2021 to 31 March 2022 with a 24% increase in sales, thus restoring the level of revenue in 2019.

Staff has been retained in Hallein, Austria, and searches for new employees are currently open to complete teams in various departments, including Service, Internal Sales, IT. From the autumn of 2022, the team of trainees will also be expanded, especially those in industrial subjects. In addition to these, additional apprenticeships (engineering or mechatronics) will be offered to Ukrainian refugees.

In September 2021, EMCO also opened a new technology center in Belforte Monferrato in the province of Alessandria. The center, which acts as an impulse generator for positive business development and brand identity in Italy, shows a representative cross-section of EMCO’s product range to all interested parties.

The EMCO Group caters to customers from as diverse sectors as their product range. Traditional small and medium-sized businesses have been an integral part of the customer base for many years. Thanks to technologically innovative solutions, high flexibility and customer orientation, the company has in recent years also won the trust of large international companies.

Process automation and digitization solutions have been and continue to be key issues in decision-making processes. Despite the difficult external conditions, the opportunities and opportunities offered by these business areas allow EMCO to remain optimistic about the continuation of this year, which is also celebrating its 75th anniversary.

“We focus exclusively on the aspects that we as a team can shape and influence in a way that has a positive effect on our customers, whether it is in the development, manufacturing or service area. And last but not least, the excellent order intake in recent months – which seems to have stabilized – which gives us reason for optimism “, says Dr. Ing. Stefan Hansch, CEO of EMCO.

“Last March, it was possible to make a fundamental investment in the development of the milling machine segment: the property next to the production site of EMCO’s CNC machining centers in Pordenone, one of the five European EMCO production facilities, was acquired, as well as a warehouse to “Therefore, EMCO has an additional 2,235 square meters of production area and 270 office space for the upcoming expansion of the UMILL and MMV series,” says Hansch.

“Meanwhile, investments related to sustainability are underway at the Hallein site: a complete renovation of the roof and installation of a 7,900 square meter solar cell plant with an output of 400 kWp,” Hansch continues.

“Today, the prospects for the further course of the current exercise are difficult to assess, as they are strongly influenced by the political and economic consequences of the war in Ukraine. Apart from the enormous suffering of the population in the war zones and on the escape routes, there is still no time perspective for a solution to the conflict “, Hansch comments.

“Current political developments in Ukraine have led us to suspend both our operational and production activities in Russia. EMCO is withdrawing from the Russian market pending the completion of the machines currently under construction, which are still to be delivered. and is not subject to any sanctions, ”Hansch explains.

“We expect that in addition to the direct consequences of war and sanctions, there will also be indirect consequences, such as cost increases due to rising energy prices or supply costs and further disruptions in supply chains,” Hansch points out.

“At the moment, therefore, it is impossible to organize a carefree celebration of our anniversary. But given that we can look back on a 75-year history, we have good reason to be proud of our achievements, ”emphasizes Hansch, who believes that it is above all the wealth of experience that forms the basis for further innovations. . .

“Our plant offers extensive know-how in turning, milling and exercise machines. We have been able to bring this knowledge together and put it into practice in the form of turnkey solutions for our customers,” concludes Hansch.

EMCO Managing Directors (from left to right): CFO Mag. Horst Rettenbacher, CEO Dr. Ing. Stefan Hansch and CFO Philipp Hauser, BBA.

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