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Sales Voith Industrial Services
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Incoming orders Voith Industrial Services
(in millions of euros) |
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Growth Strategy shows Success |
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Reorganization
Voith Industrial Services reorganized its previous five divisions into four new divisions at the beginnung of the 2010/11 fiscal year. The Automotive and Energy-Petro-Chemicals divisions offer industry-specific solutions for the automotive and process sectors. Under the DIW brand, the industries division provides comprehensive regional services related to operating and managing industrial locations. The Engineering Services division offers contract engineering for the aerospace industry, automakers and manufacturers of rail vehicles.
Globalization of business
One goal pursued by Voith Industrial Services was to globalize its business, which has tradionally been rooted in Europe, and to further increase its diversification in individuel regions. New business activities in up-and-coming regions were promoted, for examle in the emirate of Qatar. In India, Voith Industrial Services opened a location in the city of Bangalore during the year under review – its third - and strong sales growth was achieved in China.
Positive trend at Voith Industrial Services
Voith Industrial Services benefited from the positive development in nearly all the customer sectors it serves. Following the decrease in the previous year, Voith Industrial Services grew its sales by 5 % to € 1 006 million in the 2010/11 fiscal year. |
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