The Group's principal activity is to manufacture automatic turning machines, machine tools, components and laser machines for the automotive, telecommunication, aerospace, electro-technical and medical equipment industries. The Group operates in three segments Machine tools, Services and Corporate services. Machine tools: Covers the Group's machine business & includes the turning, milling and ultrasonic/lasertec technologies; Services: covers all areas, is directly related to the machine tools; Corporate services: covers Group wide holding functions, such as group strategy, development and purchasing coordination, management of overall projects in the logistics and production areas, funding, corporate controlling and personnel management as well as group-standardised IT.
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