Kronach-Neuses. Changes in the automotive industry, a declining market especially in Europe, global price pressure, but also internal causes are affecting the business development of the Schneider Group. We have therefore launched the 'Schneider2025' change and transformation program, with which we aim to secure the Group's competitiveness. The resulting savings are to be used to create the financial scope for further investments and thus to be able to offer attractive jobs in the future.
The Dr. Schneider Unternehmensgruppe has a healthy order situation and very good future capacity utili-zation. We can count ourselves among the innovation drivers of the industry and with some products also among the technology leaders. All our commitment and dedication is based on the grown values of a tradi-tional family business. Out of this responsibility, we must create the conditions to secure our future, because we are not alone in the markets. The struggle for competitiveness in the automotive industry is a constant process of adaptation. The Dr. Schneider Unternehmensgruppe must and will face up to this.
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