Sheet Metal Processing –
Solutions for cutting, bending and automation.
Various steps were taken to strengthen Bystronic’s market position in the reporting year in light of the strategic transformation. They included the takeover of Weber Laserservice BV, a longstanding Benelux service partner, and the acquisition of the remaining minority interests in DNE Laser in China. In Korea, construction commenced on a new building with an area of more than 3,000 m2, which will serve as the headquarters for the local organization and also house a brand experience center for the Asian growth market. The consistent expansion of Bystronic’s profile in target markets and innovation in global first-class sheet metal processing solutions are at the heart of Bystronic’s “Strategy 2025”, which was presented at a Capital Markets Day in November 2020. To ensure its consistent implementation, a new management structure with regional responsibilities and a focus on the global service business came into effect at the beginning of 2021. The aim is to become more market- and customer-centric over the coming years, which should drive above-average revenue growth compared with the market and increase the share of revenue from customer services.