In the IMF’s World Economic Outlook report, it stated that the pace of global activity, particularly in manufacturing, has weakened. Escalating trade and geopolitical tensions have created uncertainty about global trade and international cooperation, resulting in a lack of business confidence. Global GDP growth in 2019 is at 3.2%, down from 3.6% in 2018. In recognition of this downturn, Oerlikon initiated sales push and cost-saving programs in 2019, which helped the company sustain its 2019 performance at around the prior year’s level. The measures were implemented across the business and countries. They are intended to improve efficiency and reduce cost base, while ensuring that the company’s business is safeguarded for the medium to long term. Today, Oerlikon operates in 37 countries and places a stronger focus on business in China, Japan, South Korea, India, France, Germany, Russia and the United States, which together represent 71% of Group revenue.
Serving our customers locally
Oerlikon has a global footprint with 182 sites in 37 countries. The Group is strongly committed to research and development, which is reflected by its 49 production and R&D sites world-wide. Together with its sales and services network of 167 sites, Oerlikon operates in close proximity to its customers, improving customer interaction, response times and satisfaction.
32%
of Oerlikon’s 2019 Group revenue was generated in China
46%
of Oerlikon’s 2019 Group revenue was generated in Asia Pacific
35%
of Oerlikon’s 2019 Group revenue was generated in Europe
15%
of Oerlikon’s 2019 Group revenue was generated in the USA
1%
of Oerlikon’s 2019 Group revenue was generated in the Middle East, Africa and Russia
