Dear Readers, on 31st March of this year, ebm-papst wrapped up the most successful fiscal year in its history. For this, we extend heartfelt thanks to you, our many thousands of large and small customers from the most varied industries around the globe. Without your confidence in our company and without the many joint projects, our growth would not have been possible. Of course, along with our over 11,000 employees around the world, we are very proud of this exceptional level of success.
We are also aware of the responsibilities and obligations that our growth and size incur. Our strong roots and corporate philosophy – which now as before bears the stamp of the founding families – keep us down to earth. Size is not valuable on its own unless it serves a greater purpose and thus creates new kinds of value for our customers.
This purpose includes, for example, our expertise in providing solutions, which we continue to work on day after day. In this area, economic size can be a positive force and provide its full benefits. For example, we spent over 61 million EUR on research and development in 2010. Along with our in-depth experience and insight into a wide variety of industries and markets, this creates the fertile ground for new solutions born of developments in partnership between you and us. These solutions are intended to help you, our customers, become even stronger and more successful in your markets.
In this spirit, we look forward to continued co-operation and many shared successes!