2020 is the year we will remember as the global crisis for the human beings. The corona virus is here to stay, and the world must be ready to accept the ‘new normal’ until a vaccine will prevent the illness. The Covid-19 disease has caused sever damages for the human beings and the financial turmoil for some, for some not. The way to socialize, live and work has changed.
The off-highway equipment industry has faced impacts, in the spectra of slight to intensive. At Fortaco, we have turned around the way we are operating since mid-March: secured deliveries on-time, optimized individual employee protection, optimized sales to delivery planning with business partners, secured healthy cashflow, stopped travelling, met business partners in virtual and limited face-to-face meetings only when absolutely necessary.
Our philosophy is simple – no panic, we are professional and will manage the crisis. With speedy actions by all Fortaco teams we have secured healthy liquidity and good profitability, despite of decline in sales.
Dear customers, business partners and colleagues, we want to thank you all for the extraordinary year 2020 and for the tight collaboration.
Wishing you a Peaceful Christmas Time with your nearest ones and a Successful Year 2021 – aligned with the ‘new normal’.
Stay safe,
Fortaco Team
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Instead of traditional Christmas gifts, Fortaco has made a donation to charity:
21/11/2023
Fortaco Group invests in Steel Fabrication capacity
Cornerstone Ceremony in Gliwice, Poland 🧱 The cornerstone ceremony of our greenfield investment took place today in Knurow, Poland. With the…
10/11/2023
New factory in India
Fortaco and TATA AutoComp unveils cutting-edge cabin facility. Together we will provide safe and ergonomic vehicle cabins to the Indian and Asia…
31/10/2023
Transaction closed
Fortaco Group and Buisard Cabins have joined forces. Fortaco Group has acquired 100 percent of Buisard Cabins. A strategic alliance was established…
30/09/2023
Interim Review 1.1.-30.9.2023
Fortaco continued its consistent strategic path during the period under review. We completed the acquisition of MauserCABS as planned and acquired…