KraussMaffei temporarily closes plants

Due to the coronavirus outbreak, KraussMaffei has taken several measures to protect its employees. Its German sites located in Munich, Treuchtlingen, Hanover and Schwaig and Slovakian site in Sucany will close temporarily in calendar weeks 14 and 15 and probably in calendar week 16, according to the company announcement. 

 

During the plant closure, production, assembly and delivery of the completed machines will be discontinued for the period mentioned. Detailed information on the consequences of this in terms of delivery delays will follow in the next few days.  

 

KraussMaffei also indicated that the spare parts supply is maintained for emergencies. Functions such as project planning and sales as well as the sales support functions are available for still available to customers from the home office.

 

The Netstal plant in Näfels, Switzerland, is not affected by the current closures. The most important spare parts for Netstal machines are still available. However, due to the considerable restrictions in air traffic, depending on the region, longer delivery times, considerable shipping surcharges or interruptions may occur. At present, the Näfels site is busy checking the current orders for new machines and informing and coordinating the relevant customers directly from 30 March.

 

Management change 

The KraussMaffei Group earlier announced the resignation of Dr. Frank Stieler CEO of KraussMaffei Group GmbH and appointment of Dr. Michael Ruf starting April 1, 2020. Dr. Ruf has occupied the position of COO and with his recent appointment, the COO position will not be taken again. Since 2018 KraussMaffei Group GmbH is part of KraussMaffei Company Limited, a public company listed on the Shanghai Stock Exchange. Dr. Stieler has been CEO of KraussMaffei Group GmbH since July 2015 and of KraussMaffei Company Limited since May 2019.