Summer Greetings

Dear customers, business partners and the Fortaco team,

The first half of 2021 has been an extraordinary busy time period. Our order intake is record high, and we can still see +50% growth in order intake, which will contribute to record high turnover in 2021. We are planning our activities around Fortaco Go Green by scrutinizing in-house sustainability strategy and related actions. We are listening to customers and the market, in regard to e-mobility, and fossil free steel of the future. We are digitalizing our operations to make them more simple and more efficient.

We still experience the Corona pandemic around us. Fortaco has managed the situation fairly good, our teams at factories have managed to secure operations with limited impacts. I appreciate the open and constructive dialogue with customers.

Endless commitment to safety

I am very pleased to see our employee’s endless commitment on safety. As we know, initially safety is to secure right equipment, however, the most important is the individual behavior and endless commitment: stop – think – act, on a continuous basis. We have moved from having several incidents per month to having several months without incident. This proves it is indeed possible to run with zero incidents in Fortaco Group. We have launched a Safety Handbook to present our safety strategy, as a reminder to all of us. The devil is in the details, we all know, an injury can happen in any minute – let us stay safe.

Master of Flexibility – critical success factor

Master of Flexibility (MoF) is a key strategic cornerstone for our success. We expect MoF to be a critical success factor for Fortaco for many years to come, because the possibilities for improvement are endless, and our customers’ requirements continuously change. Together with customers, we have reduced lead-time from several weeks to several days. We have also launched a Master of Flexibility Handbook, and our plan is to run an intensive in-house training in the second half of 2021.

Business Site Gruza in Serbia

Fortaco acquired a new Business Site in Serbia, which has been integrated with respect, simplicity and speed. New Business Site provides Fortaco and its’ customers with new capacity within steel fabrication and assembly business. As our key capabilities, we are currently manufacturing high-tech large winches. Our focus is to identify customers within Fortaco’s large customer portfolio, and generate additional business in a coming time period.

Have a great summer season

It is time for holidays. The first half has been hectic and excited, and the outlook for the second half is showing even more growth for many products and customers.

I would like to thank all of you for the strong commitment – together we will ‘Make Tomorrow Safer and Better’. Enjoy the summer with your nearest and friends. Stay safe, we will have a strong market ahead of us and orders going forward.

With best personal regards,

Lars Hellberg
President & CEO