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Paper Technology Journal - Voith

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Hans Müller,<br />

President and CEO<br />

<strong>Voith</strong> Sulzer Papiertechnik<br />

Dear customers, dear readers,<br />

We have now put the first six months of the 1997/98 fiscal year successfully<br />

behind us and exceeded our own ambitious targets. This is surely reason<br />

enough to cast a brief glance back.<br />

Asia has been one of the major markets since the formation of <strong>Voith</strong> Sulzer<br />

<strong>Paper</strong> <strong>Technology</strong>, contributing more than 30% of the overall bookings of<br />

DM 2.2 billion for the 1996/97 fiscal year. And this in spite of the ongoing<br />

economic turmoil in an area which, with the exception of China, cannot be<br />

expected – even in the most optimistic of views – to undergo any decisive<br />

upturn before the start of the next century.<br />

The European market and the North-American free-trade association, NAFTA,<br />

including South America, made contributions of 40% and 25% respectively<br />

to our order book and are developing during the current fiscal year much<br />

better than anticipated during the planning stage. Even if the markets in<br />

Eastern Europe and South America only show slight signs of improvement,<br />

the major projects under consideration in South America in particular are<br />

closer to being realised than ever before.<br />

Altogether, new orders received in the current fiscal year have reached the<br />

same level as the comparable of last year, with an ongoing upward trend in<br />

evidence.<br />

You can see which developments, innovations and records are primarily<br />

responsible for this optimistic outlook in this sixth issue of the “twogether”<br />

magazine. In particular, it is our innovative concept solutions which have<br />

served to improve quality and productivity, impressed our customers and<br />

helped to set new standards.<br />

Without an active dialogue with you, our customers, this would not have<br />

been possible. I would therefore like to take this opportunity of thanking<br />

you for your cooperation and hope you enjoy reading the interesting articles<br />

in this issue.<br />

Yours sincerely,<br />

Hans Müller<br />

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