KraussMaffei Group with new strategy - The KraussMaffei Group expands its business model as well as digital services and products.17 Oct 2018
The KraussMaffei Group is repositioning itself. Under the name "Compass", the company has developed a two-pillar strategy. This new strategy aims at intensifying and accelerating the development of digital services, products & new business models. The Digital Service Solutions business unit was established in July 2018 which is expected to make a substantial contribution to the Group's sales in the future. "We are positioning KraussMaffei as a company that is consistently focusing on customer needs in the age of digitization. In the coming years, we will significantly expand our business model and add digital excellence to our high level of mechanical expertise creating added value around the machine" explains Dr. Frank Stieler, CEO of the KraussMaffei Group.
KARACHI: The Federal Minister for Maritime Affairs, Syed Hyder Ali Zaidi visited the Pakistan International Bulk Terminal (PIBT). The minister was accompanied by the Chairman Port Qasim Authority, Asad Rafi Chandna, the Karachi Port Trust (KPT) Chairman Rear Admiral Jamil Akhtar and other officials. The Chief Executive Officer PIBT, Sharique A. Siddiqui, briefed the minister on the establishment of the state-of-the-art coal terminal with an investment of over $300 million by Pakistani investors. "PIBT is the second port infrastructure project to be listed on the Pakistan Stock Exchange and has the privilege of having the World Bank as both an investor and a debt-financier. The World Bank, principally, does not invest in coal facilities but made an exception in PIBT at Port Qasim to modernize the coal handling port infrastructure of Pakistan and to bring the best international standards of dirty bulk cargo handling to the country," briefed CEO PIBT. The minister was apprised that now at PIBT, coal is being handled at a dedicated fully mechanized coal terminal 50 kilometers away from the population of the city with the best environmental standards applicable to curtail pollution and loss of cargo in handling.-BR