Dear friends and partners of the EJOT Group,
The first issue of our magazine moment this year is once again being published during a period of great upheaval. This time, it is not a virus or collapsing supply chains that are causing changes, but instead it is the result of elections. In the USA, President Donald Trump is determined to turn the established economic rules upside down. Uncertainty about new tariff regulations, their suspension or postponement, threatens to lead initially to higher prices for consumers and is then supposed to finally convince industries, that have not yet been lured to the USA by the Inflation Reduction Act, to localise their production in the United States. Whether this can succeed in view of a shortage of skilled workers in the USA remains to be seen.
In Germany, a new federal government is forming under pressure from the current geopolitical disruptions as well as the ongoing military threat from Russia and a neglected infrastructure. At the same time, we do not yet know whether the new government will dare to tackle the structural problems of the existing welfare state.
You can read about how the turmoil of the past year has affected our Group in the annual business report, which is included in this issue. Suffice it to say, that our broad international presence and our two pillars, construction and industry, have helped us to cushion the impact of the difficult economic conditions, particularly in Germany.
This issue focuses on insights into the ramp-up of electric mobility in Europe. In order for the transformation of the European automotive industry to climate-neutral mobility to succeed, the European Union (EU) must pursue a more balanced approach that combines climate targets with the competitiveness of the industry. The Centre for European Policy (CEP) points this out in a recent study, in which it describes a number of policy options that would enable a flexible approach to decarbonisation.
Electric mobility should be a winning topic for our group. After all, we have developed many products for e-mobility and with a further increase in sales we will recoup these investments. Outstanding application engineering with high benefits for our customers is the particular strength of the EJOT Group. In this context, we show examples from the Market Unit “Construction” where we can perfectly integrate our new TEC CENTER with its numerous capabilities. Last but not least, we also take a look at our Group's first sustainability report. With investments in climate protection and an employee participation programme (‘wejot’) that is as extraordinary as it is successful, we are moving towards our climate goal of CO2 neutrality by 2035.
These are very challenging times, but they are also full of new opportunities!
With kind regards
Christian F. Kocherscheidt
Managing Director
The first issue of our magazine moment this year is once again being published during a period of great upheaval. This time, it is not a virus or collapsing supply chains that are causing changes, but instead it is the result of elections. In the USA, President Donald Trump is determined to turn the established economic rules upside down. Uncertainty about new tariff regulations, their suspension or postponement, threatens to lead initially to higher prices for consumers and is then supposed to finally convince industries, that have not yet been lured to the USA by the Inflation Reduction Act, to localise their production in the United States. Whether this can succeed in view of a shortage of skilled workers in the USA remains to be seen.
In Germany, a new federal government is forming under pressure from the current geopolitical disruptions as well as the ongoing military threat from Russia and a neglected infrastructure. At the same time, we do not yet know whether the new government will dare to tackle the structural problems of the existing welfare state.
You can read about how the turmoil of the past year has affected our Group in the annual business report, which is included in this issue. Suffice it to say, that our broad international presence and our two pillars, construction and industry, have helped us to cushion the impact of the difficult economic conditions, particularly in Germany.
This issue focuses on insights into the ramp-up of electric mobility in Europe. In order for the transformation of the European automotive industry to climate-neutral mobility to succeed, the European Union (EU) must pursue a more balanced approach that combines climate targets with the competitiveness of the industry. The Centre for European Policy (CEP) points this out in a recent study, in which it describes a number of policy options that would enable a flexible approach to decarbonisation.
Electric mobility should be a winning topic for our group. After all, we have developed many products for e-mobility and with a further increase in sales we will recoup these investments. Outstanding application engineering with high benefits for our customers is the particular strength of the EJOT Group. In this context, we show examples from the Market Unit “Construction” where we can perfectly integrate our new TEC CENTER with its numerous capabilities. Last but not least, we also take a look at our Group's first sustainability report. With investments in climate protection and an employee participation programme (‘wejot’) that is as extraordinary as it is successful, we are moving towards our climate goal of CO2 neutrality by 2035.
These are very challenging times, but they are also full of new opportunities!
With kind regards
Christian F. Kocherscheidt
Managing Director
