
KTR founds new subsidiary in Denmark
KTR Systems is continuing its international expansion and founded a new subsidiary in Denmark on June 1, 2020. The global KTR network now comprises 24 subsidiaries.
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KTR Systems is continuing its international expansion and founded a new subsidiary in Denmark on June 1, 2020. The global KTR network now comprises 24 subsidiaries.

Mann+Hummel can look back on a good 2019 financial year. The global filtration expert's turnover rose to 4.2 billion euros, the highest in the company's almost 80-year history.

Mayr Antriebstechnik has been climate-neutral since 2020. To achieve this, the mechanical engineering company relies on measures ranging from generating its own electricity to minimizing paper consumption and purchasing climate certificates.

Rodriguez is now distributing SKF high-precision bearings within Germany. The angular contact ball and cylindrical roller bearings are specially designed for the requirements of machine tools.
Eurotech from Geislingen invests 3.65 million euros in a new building. The ground-breaking ceremony took place on May 4, 2020. The state is funding the project with over 400,000 euros.

The coronavirus pandemic continues to make itself felt in the mechanical engineering industry's order books. As announced by the VDMA, incoming orders fell by 31% in April 2020 compared to the previous year.

The all about automation in Essen and Chemnitz are both scheduled to take place in September. Organizers untitled exhibitions announced that they are in the process of implementing the requirements of the federal states for hygiene and infection protection.

Paul Zumbühl will step down as CEO of Interroll at the end of April 2021 and is to become the new Chairman of the Board of Directors. The current Chairman of the Board of Directors, Urs Tanner, will step down at the end of his term of office.

According to the VDMA, the economic consequences for mechanical engineering companies are serious and the order situation remains tense. However, the problems with broken supply chains are slowly being put into perspective.
KHS has invested 20 million euros in the modernization of its headquarters in Dortmund, which included expanding the production area and renewing the machinery.