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Annual Report 2007 - Muehlhan AG

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The marine markets are interconnected<br />

around the world. Ostensibly. At second<br />

glance, they are the result of a system<br />

that is quite regionalized. The business<br />

grows out of the local sites. Even our<br />

existing partner companies, small and<br />

large, make decisions and take action<br />

purely at the local level. We adapt to this<br />

by developing our business from stable<br />

branch offices using local strategies.<br />

Using short communications channels<br />

from the local sites to Hamburg and back,<br />

we accelerate the necessary coordination<br />

and decision-making processes, and with<br />

controlling throughout the Group, we<br />

ensure profitability. In the future, we will<br />

develop our business even more from<br />

the markets – close to the customers<br />

and directly at the project.<br />

... with local strategies<br />

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