For large firms, the accelerating pace of digitalisation in modern business creates both opportunity and risk: On the one hand, it can be a source for significant growth. On the other hand, even small start-ups can quickly disrupt established core markets for big players.
Printing Pioneer Expands Portfolio with Additional Print Finishing Equipment
Peter Andrich (52) took over the management of KBA-Italia in Lainate near Milan with effect from May 2018. In his new position, he is responsible for sales, marketing and service for Koenig & Bauers web and sheetfed portfolio in the Italian market. He made his professional debut for Koenig & Bauer at the Print4All trade fair in Milan from 29 May to 1 June, where KBA-Italia had an information stand.
Heidelberger Druckmaschinen AG (Heidelberg) is optimizing its financing structure. The company today decided to redeem a sum of around 55 million from the current high-yield bond (with a coupon of 8 percent), which runs to 2022 and amounts to some 205 million. This sum will be repaid on July 18, 2018. Issued in 2015, the bond was a key element in extending the financing structures maturity profile at that time. The repayment is being made from cash on hand and will have a positive impact on the financial result from the next financial year onward.
Heidelberger Druckmaschinen AG (Heidelberg) made significant progress with the Groups targeted digital transformation in financial year 20172018 (April 1, 2017 to March 31, 2018). By the beginning of June, several customers had already opted for the new subscription model that offers Heidelberg products and services as part of a usage-based all-in contract running over several years.
Increasing market shares in the plastics industry All employees at companys Holzwickede location taken on
WoodWing, global leader in multichannel content creation, announced the appointment of Ross Paterson (38) as the companys new Chief Executive Officer (CEO). Effective immediately, Paterson will succeed Jan de Roos, who prepared the company for the next phase of growth. Under De Roos leadership, WoodWing has improved its internal organization while expanding its global footprint further with premier customers in more than 65 countries. As his successor, Paterson will lead the company through the next steps of its evolution.
