
Structure and management adapted
The departure of CEO Jacques Dias on August 31 is being used by Burim Mirakaj, the manager with overall responsibility for the DACH & CEE region, to realign Axians Germany.
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The departure of CEO Jacques Dias on August 31 is being used by Burim Mirakaj, the manager with overall responsibility for the DACH & CEE region, to realign Axians Germany.

Eduard B. Wagner, founder and Managing Director of Insys icom, appoints Florian Froschermeier as second Managing Director. This organizational change took effect on 1 April 2024.

After years of strong growth, 2023 was a year of consolidation for Festo. At around 3.65 billion euros (- 4.3%), turnover was just below the previous year's level

Phoenix Contact at the Hannover Messe
Festo will use PLCnext Technology, the open ecosystem from Phoenix Contact, in future intelligent devices. In this way, both companies want to combine their innovative strength with the aim of taking industrial automation to a new level.

Schunk was honored with the Hermes Award for its AI-based project during the opening ceremony of the Hannover Messe.

Igus acquired a majority stake in the Portuguese company Atronia Tailored Sensing in March 2024. The sensor cooperation partner has been 'teaching plastic products from Cologne to feel' for five years.
Based on the latest VDMA surveys, the European machine vision industry recorded a 7% decline in sales in 2023. The VDMA Machine Vision department expects a further decline in sales of 3% for the current year.

Igus increases the number of active customers in 2023 with a slight decline in sales of 1.65% and is cautiously optimistic about 2024.
The Wago Group is growing for the third year in a row and will achieve sales of EUR 1.37 billion in 2023. This means that the manufacturer of electrical connection and automation technology has increased its turnover by 2.2% compared to the previous year.
Endress+Hauser celebrated the Group's 70th birthday in 2023, initiated a change at the top and posted good figures for incoming orders, sales, profit and employment in its anniversary year. The audited figures have now been presented at the annual media conference.