The HARTING Technology Group will put its product solutions on display once again at this year’s Hanover Fair, demonstrating its credentials as a highly capable, professional partner for networks and connectivity. The family-owned German company presented its impressive financial results during a press conference in the context of the world’s largest industrial trade show. All indications point to continued growth.

Stronger market position

In financial year 2006/2007 the technology group’s worldwide turnover rose by 10.2 % to 345 million euros, a significant increase compared to the previous year’s 313 million. Dietmar Harting was visibly pleased that the company was able to strengthen its market position in all of the core markets. The technology group is well on its way to achieving double-digit growth again this year. As of March 31st, turnover stood at 188 million euros, which is a 14 % increase year-on-year (turnover was 165 million euros in the same period last year).

Creating new jobs

Headcount is also growing at a positive rate. Between March 31st, 2007 and the same reporting date this year, the number of employees worldwide increased from 2,621 to 3,032. “By creating 411 new jobs, HARTING has shown that well-qualified and highly committed employees make a vital contribution to the group’s success,” proclaimed Dietmar Harting. Significantly higher spendings as well in investment as in research and development highlight the company’s determination to maintain its position on the growth curve.

Staying as close to the customer as possible

In 2007, HARTING opened new manufacturing facilities in Sibiu, Romania, and Zhuhai, China, to enhance its presence worldwide. The technology company now has subsidiaries and offices in 40 countries. Dietmar Harting is convinced that “our direct presence in all of the key global markets places us as close to the customer as possible”.

Pushing performance

The HARTING Technology Group was pleased to welcome a new member to the senior management team. Philip Harting took over responsibility for Connectivity & Networks on the Executive Board as of March 1st, 2008, and he now manages the worldwide connector business. In his previous role as Mana¬ging Director Asia Pacific, he had been responsible for developing the technology group’s business in Asia since 2005. He has formulated clear goals for his new challenge at corporate headquarters: ”In keeping with our basic philosophy of pushing performance, we are fully committed to developing highly innovative product solutions based on the continuing enhancement of our own capabilities. These products are designed to improve the performance and competitiveness of our customers, and visitors who come to our stand will have the opportunity to witness this first hand.”

Dietmar Harting President and Partner HARTING KGaA	Philip F. W. Harting Senior Vice President Connectivity & Networks HARTING Führungs AG

More information : www.HARTING.com

Courtesy of HARTING