Industrial automation specialist Kuka has replaced its CEO, Peter Mohnen, with a new one, Christoph Schell, as it reflects on what it has described as a “challenging financial year”.
Despite the difficult global economic situation, robotics and automation are important growth markets. Kuka has asserted itself well in this highly com-petitive market, has proven to be robust – also in comparison to the mechanical engineering and automotive industries – and increased its order intake by 1.3 percent to around €4.1 billion in the past financial year (2023: €4.0 billion). [Read more…] about Kuka replaces its CEO as it reflects on ‘challenging financial year’