Sails up for Nor-Shipping
Fortaco Team will be attending Nor-Shipping exhibition in Oslo on 6-9 June 2023.
It is an international event in the centre of oceans, where the maritime and ocean industries meet in every two years. An arena to connect and collaborate, to create deals. The ocean business needs to work together to tackle the big issues of our time - to transform challenges into opportunities.
The Fortaco team will present our growing footprint and services. We are a dedicated business partner to the leading OEMs within the marine industry, providing engineering, assemblies, steel fabricated components, and crane cabins for demanding end-user conditions. Our Business Site Gruza is specialized to provide manufacturing and assembly services for winches, davits, deck cranes, and A-cranes.
Fortaco is your choice for deck machinery when safety and high quality are the top priorities.
Meet our crew at Nor-Shipping and come to hear how we could serve your business. You can find us at booth D04-40.
Read more about the event: https://nor-shipping.com
Factory Extension Sneak Peek
Fortaco Holíč factory extension is on its way.
This exciting project contains an expansion of existing factory in Slovakia, enabling us to upgrade our services.
The sleek, modern, and functional hall will be equipped with the latest technology and equipment to ensure our manufacturing capabilities will meet the increased demands.
Sustainability and energy efficiency have been taken into the focus, and the building has an environmentally friendly design with a minimalistic aesthetics.
Our production capacity and efficiency in Holíč will be increased along with this expansion that is strengthening our dedication to offer high-quality products and services to our customers.
Beyond Tier 1: Assembly outsourcing in the off-highway industry
Outsourcing is a great choice when a customer has a big-picture strategic interest in their approach to production. As technology is developing and products offered with four or more types of engines (diesel, hydrogen, hybrid, electric), it rarely makes sense for an OEM to invest in the capability to manufacture all those types.
How can assembly outsourcing impact a capital requirement? How did Mercedes get better painting quality for their automobiles by Saab?
Find out by downloading our white paper.
Stronger than Steel
Women and their visions are needed in our industry. ????
The industry offers them great opportunities to build careers, develop skills and expertise, while using their strengths. There are many more women working in this business than usually assumed.
We interviewed some of the great ladies in our team and asked what are the most favorable and valued themes in their work. ????
Things like innovation, creativity, development, learning, support, flexibility, motivation, and engagement were brought up – all are words that can also be related to our dedicated team.
Fortaco wishes an excellent International Women’s Day to every woman working with us, reading this post, and trusting tomorrow and their visions. ???? ????
Fortaco’s preliminary financials for 2022 and outlook for 2023
Fortaco Group Holdco Plc[1] (“Fortaco”), the leading strategic partner to the heavy off-highway equipment and marine industries, announces preliminary financials for the fiscal year ended 31 December 2022 along with an outlook for 2023, including selected financial and operating results.
In 2022, Fortaco recorded net sales of EUR 332.4 million, recurring EBITDA of EUR 24.7 million and a net debt of EUR 52.0 million. This corresponds to more than 40% YoY growth in net sales.
Read the press release here.
[1] Fortaco Group Holdco Plc acquired 100% of the shares in Fortaco Group Oy on 30 September 2022, after which Fortaco Group Oy and its subsidiaries were consolidated under Fortaco Group Holdco Plc. Consequently, Fortaco Group Holdco Plc financials are not representative of the Group’s performance, and thus the figures in the press release are presented on a full pro forma basis. Figures are in accordance with IFRS standard, unless stated otherwise.
Fortaco Technology is now Zero Emission Solutions
"When starting my first job in Isuzu Motors in Japan as a diesel engine control system engineer, I was excited to develop solutions that reduce CO2 and other emissions.
Today, the ambition level is even higher - together with my colleagues in Fortaco we are developing zero emission solutions." - Rafal Sornek
Fortaco is active with the green environmental transformation and one of our strategic targets is to transform the off-highway equipment industry into emission free. To prioritize and focus on this transition, Fortaco’s Technology unit has been transformed into Zero Emission Solutions to highlight our strategic direction and develop future business offerings. The main focus areas are: fossil-free steel, lightweight structures, circular economy, and e-mobility.
Scope
Development of technologies is a focus area for Zero Emission Solutions, the main three areas being:
SystemTech: research and development of new systems related to operator cabins and thermal management.
ManuTech: research and development of new production technologies as well as design of highly efficient production lines.
SteelTech: research and development with a focus on lightweight structures.
In addition, Zero Emission Solutions explore newly emerging business areas related to the electrification of off-highway equipment industry.
Organization
The Zero Emission Solutions unit is led by Rafal Sornek.
- SystemTech is led by Aki Komulainen.
- ManuTech is led by Zbigniew Zych.
- SteelTech is led by Rafal Sornek (acting role).
CabTech organization is transferred to Business Site Kurikka and Holic:
- CabTech Kurikka is led by Markus Jouppila.
- CabTech Holic is led by Daniel Pseno.
Fortaco considers the transformation of off-highway equipment industry into emission free as one of its key future targets.
Rafal Sornek
Senior Vice President
Zero Emission Solutions
Season's Greetings
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Team Fortaco would like to express thanks to our customers, business partners and colleagues for the excellent cooperation throughout the year.
We wish you a Peaceful Christmas time with families and friends and a Successful Year 2023. ????
Instead of giving Christmas presents, Fortaco has made a donation to charity.
Fortaco expands vehicle cabin capacity in Holic factory Slovakia
Fortaco has started a capacity extension project at Business Site Holic in Slovakia.
The investment will consist of a 4.000 m2 factory extension, an increased manpower of 90+ people and new equipment. The construction work will be started in Q1-2023 and it is scheduled to be finalized in Q4-2024.
“I am happy to announce the start of factory extension after intensive preparations. It builds a critical cornerstone to the current and future growth of FORTACO BUISARD CABINS -business. The new factory is a critical platform to further support our customers by offering vehicle cabin assembly and production capacity based on a high degree of automation and strong operational excellence”, says Lars Hellberg, President & CEO of Fortaco Group.
Fortaco’s factory in Holic, Slovakia offers vehicle cabin manufacturing capabilities to the world’s leading OEM customers, including design and engineering, and aftermarket services. FORTACO BUISARD CABINS’ footprint comprises of three modern factories with the best-in-class equipment in Sablé-sur-Sarthe France, Kurikka Finland, and Holic Slovakia.
Fortaco Group and Buisard Cabins established a strategic alliance in December 2021.
Read the press release here
End & New beginning
Creating the future co-operation. The next generation off-highway professionals visiting Fortaco booth in Bauma. ????
Exciting week starts to be at the end - many thanks for all the visitors.
Our team is grateful for all the connections made and insights shared during these days. Let us be in touch and stay on the way forward.
See you next time in Agritechnica 2023! ????????
Rally & Manufacturing
This year our experience at Bauma will be supported by an expert in his field.
We are happy to welcome Fortaco’s Ambassador, Ari Vatanen to join our team in Bauma. Vatanen will be on Fortaco booth A6.225 on 26-28 October.
Ari Vatanen, known as World Rally Championship, four times Paris-Dakar Rally winner, FIA World Cup Cross-Country winner, and a former Member of the European Parliament, has a strong background in working with premium teams and technology during his long and remarkable career.
Fortaco aims to be a premium service and product provider for our customers, and having Vatanen onboard, is well aligned and an exciting chance to cooperate. Ari Vatanen will be sharing his experience and knowledge, but also visions, why he supports and has trust in Fortaco journey.
Welcome to meet Vatanen and the whole Fortaco team of experts - see you in two weeks!