Asian Expansion Proves A Schott In The Arm

Change will be an important aspect for the Schott International Technology Group in 2004. The company's new Chairman of the Board of Management, Dr Udo Ungeheuer, has indicated that structural reorganisation has indicated that structural reorganisation was to be speeded up. He referred in this connection to the "biggest modernisation process in the corporations history" ever! The objective of the measures that have been introduced is to improve international competitiveness and to create the prerequisites for a stable growth in sales and profits. For the coming year the group expects moderately positive business progress. In the first four months of the fiscal year, order intake was up on the figure for the previous year with sales at the same level as last year. But there are still no clear signs of growth from important customer groups such as telecommunications.

Author
Un-named
Origin
Unknown
Journal Title
Asian Glass May-April/04 17
Sector
News Items
Class
N 1491

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Asian Expansion Proves A Schott In The Arm
Asian Glass May-April/04 17
N 1491
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