Syntegon building stable business performance during the coronavirus crisis

▴ syntegon-building-stable-business-performance-during-the-coronavirus-crisis
Syntegon is presenting its latest process and packaging technology at a virtual trade show from 7th to 13th May, 2020.
Syntegon, formerly Bosch Packaging Technology, reported stable business performance in 2019. In the wake of the coronavirus crisis, the systems supplier to the pharmaceutical and food industries is seeing increased demand in its services business. Since interpack – the largest trade show in the industry that was originally scheduled for May – has now been postponed until next year due to the coronavirus pandemic.
Syntegon is presenting its latest process and packaging technology at a virtual trade show from 7th to 13th May, 2020. In this context, a special focus is on intelligent and sustainable technologies for the pharmaceutical and food industries. Following the introduction of the Syntegon corporate brand at the beginning of the year, the company is also unveiling its new product design for the first time at the event.
Syntegon generated annual sales of 1.33 billion euros in 2019, slightly above the previous annual figure. As a result, performance remained stable, despite a downturn in the mechanical engineering sector.
The company has also grown significantly in the food sector in these regions and in Europe. Overall, sales are divided roughly equally between the regions of Europe, North and South America, and Asia, with Europe being the company’s largest market.
In order to respond to the increased production levels of its customers in the pharmaceutical and food industries in the wake of the coronavirus pandemic, Syntegon has expanded its customer service activities and introduced new measures.
Having a global presence with local employees, the company is able to carry out urgent service assignments in almost all cases, despite the current travel restrictions.
According to Michael Grosse, CEO, Syntegon, “Syntegon’s mission is to provide process and packaging technology for a better life. We, therefore, see it as our responsibility to support the pharmaceutical and food industries with our technologies and be there for our customers as a service partner – especially when things get difficult.”
The company is also unveiling its new Sepion coater series. The state-of-the-art equipment for tablet coating enables closed material handling during filling, sampling and emptying.
Tags : #Medicircle #Syntegon #Coronavirus

Related Stories

Loading Please wait...

-Advertisements-




Trending Now

Successful Removal of 3.7 KG Large Abdominal Tumor from 14-Year-Old Somalian Girl at KIMS Cuddles HospitalMay 16, 2024
iLEAD Sets a Precedent by Launching a Graphic Anthology Authored by Multimedia, Animation and Graphics Students May 16, 2024
Ramaiah Memorial Hospital Launches Novel Intra-Operative Radiation Therapy (IORT); Achieves significant advancement in Cancer Treatment to Enhance Quality of LifeMay 16, 2024
IIITH Announces Product Management Summer SchoolMay 16, 2024
Çelebi India's Delhi Cargo Terminal Successfully Handles Airbus H125 Helicopter ShipmentMay 16, 2024
Plant-Based Diets and Prostate Cancer: New UCSF Study Shows Promising ResultsMay 16, 2024
National Medical Commission Approves 112 New Medical CollegesMay 16, 2024
Study Suggests That Chemotherapy Results in Physical Decline for Older Women with Breast CancerMay 16, 2024
Google DeepMind's AlphaFold 3: Revolutionizing Drug Discovery with AIMay 16, 2024
Hester Biosciences Ltd reports Consolidated Revenue growth of 18% at Rs. 79.3 crore, EBITDA up 37% to Rs. 16.4 crore and Net Profit up 12% to Rs. 6.40 crore in Q4FY24May 16, 2024
Akshay Tritiya Parna Mahotsav heldMay 16, 2024
IT Minister Sridhar Babu to grace the 10th National Facilities Managers Summit-2024, to be held in the cityMay 15, 2024
Alarming Study Reveals Cancer-Causing Chemicals in Car InteriorsMay 15, 2024
India's Thalassemia Challenge: The Importance of Early Screening and TreatmentMay 15, 2024
The Dangers of Ultra-Processed Foods: A 30-Year Study Raises AlarmsMay 15, 2024
Unique Genetic Risk Factors for Breast Cancer Found in African Ancestry StudyMay 15, 2024
AsiaMedic partners with Sunway to establish new diagnostic imaging centreMay 14, 2024
Kamineni Doctors Successfully Remove Bone Stuck Near Heart in Elderly PatientMay 14, 2024
On International Nurses Day, American Oncology Institute (AOI) launches #TheExtraordinaryCareGiver Campaign as Tribute to Oncology NursesMay 14, 2024
Shiprocket announces Shiprocket Growth Academy to upskill 100,000 Indian MSMEs through eCommerce learningMay 14, 2024