By opening a subsidiary on the Arabian Peninsula, the fischer Group of Companies is taking another important step to further expand its international activities in the long term. Over 500 guests participated in the virtual celebration of the launch in Qatar.
Despite the negative global impact of the coronavirus crisis, the fischer Group of Companies ended the 2020 financial year on a successful note. With a gross turnover of 872 million euro, the family business from Waldachtal in the northern Black Forest continued in the same vein as the good figures of the previous year (887 million euro). Adjusted to exchange rate fluctuations, turnover even reached 877 million euro, therefore remaining at precisely the same level as the previous year’s exchange-rate-adjusted level. fischer has thereby navigated a challenging year significantly better than had been anticipated following the first few months of 2020. In total, fischer employs more than 5,200 members of staff.
His “magic words” are future, innovation and sustainability. The visionary entrepreneur Prof. Klaus Fischer has consistently looked ahead for over 40 years, stating “it’s only the future which we can shape”. On 17th August 2020, the owner of the fischer Group of Companies will be celebrating his 70th birthday. In the same year, he will also be celebrating his 45-year anniversary with the company and his 40-year anniversary as its General Director.
fischer fixing systems and fischer automotive sites that were temporarily closed due to the Coronavirus pandemic have now reopened. The fact that the production sites are running at full capacity highlights the positive developments in China.