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Dillinger & Saarstahl Launch Joint Future Oriented Program-2020 China(Guangzhou) Int’l Laser Equipment and Sheet Metal Industry Exhibition
10/2/2019  钣金展-激光展- Laser expo, Sheet Metal Industry expo
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    Dillinger and Saarstahl launch joint future-oriented program. Under the Program
1. Dillinger and Saarstahl: with an integrated strategy
2. Conversion to carbon-free production
3. Targeting double-digit profitability (EBITDA margin)
4. Cost savings amounting to EUR 250 million
5. Socially responsible reduction of 1,500 jobs and outsourcing of 1,000 jobs

Mr Tim Hartmann, Chairman of the Board of Management of Dillinger and Saarstahl said that “We are doing this in a completely integrated process at Dillinger and Saarstahl with the long-term goal of continuing the intergenerational contract.” He added that “We produce premium steels that are among the best in the world and that are sought by our customers. We will continue to work together with our customers to further develop our products. We will be launching a comprehensive sales offensive. The commitment of our employees is high. At the same time, our costs are too high when compared with our competitors. We will be adjusting our structures and processes accordingly in the coming months. The goal is double-digit profitability that gives us sufficient scope for growth investments. In addition, we are clearly aligning the entire company in the direction of carbon-free technologies. We meanwhile expect politicians to provide a fair competitive framework and sufficient funds in the short term to implement the transfer process. We want the most state-of-the-art steel industry to be here in Saarland.”

The ongoing structural crisis in the global steel market and the partial economic downturn in demand in segments such as the automotive industry and machine manufacturing, as well as the rising costs of the carbon certification system, have prompted us to set up an integrated strategy process to develop and implement measures to safeguard the future. 钣金展-激光展-2020第二十一届广州国际激光设备及钣金工业展 -2020 China(Guangzhou) Int’l Laser Equipment and Sheet Metal Industry Exhibition -Sheet metal exhibition, Sheet metal expo, 2020 Sheet metal exhibition, 2020 Sheet metal expo, China Sheet metal exhibition, China Sheet metal expo, Laser Equipment exhibition, Laser Equipment expo, 2020 Laser Equipment exhibition, 2020 Laser Equipment  expo, Laser exhibition, Laser expo
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