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Economic situation stabilised

WILHELM NIEMANN Büro

After a turbulent year 2020 with historical sales declines due to the Covid-19 pandemic in the 2nd quarter of 2020 the economic development now stabilised again.

Whereas the order receipts from February to August 2020 were very much decreasing, we are succeeding in selling dissolvers, basket mills, butterfly dissolvers and service performances on the level of the time before the crisis since September 2020.

The production output 2020 could be kept on a constant level throughout the complete year 2020 as a result of the high order volume at the beginning of the pandemic.

At the beginning of the new year 2021 we fortunately received an order for 16 KREIS-DISSOLVER®s and KREIS-BASKET-MILL®s from an Asian major customer, which will still be dispatched before summer 2021 for the new paint and coating factory. Several large dissolvers with useful volumes up to 10.000 litres are included in this order. This large order as well as further order receipts in the last months let us look ahead tentatively and confident despite the currently still present restrictions.

Some international markets still show few activities regarding enquiries and orders. We hope for a recovering of all markets soon and for a revival of the international exhibition business from the 3rd quarter 2021 on.