LONDON, June 30, 2016 /PRNewswire/ --
Family firm MSF-Vathauer Antriebstechnik were celebrating this week after Marc Vathauer came first in the Business Worldwide Magazine's CEO of the Year 2016 - Germany.
As the man in charge since 2006, he has managed to keep the 38-year-old firm a leading player in the customised drive technology sector for industry. This is achieved through constantly striving for ever-increasing innovation.
"I am delighted with this award," he said. "It's nice to get recognition, I don't mean for myself, but everyone here at MSF-Vathauer. I have always believed that a good CEO involves his staff in decision-making and keeps them informed as much as possible. Letting them know how valued they are is another 'must.'"
His industry, he conceded, was a rapidly advancing one.
"There is no doubt that the need for faster, more flexible and smarter drive technology increases with every passing year," he said. "Together with the team here I enjoy the challenge of being presented with a problem from a client then going away and designing a solution which will make that business operate more efficiently and in a far more cost-effective manner."
MSF-Vathauer could indeed be described as the 'dream' company, thanks to their 24/7 repair and maintenance system, which includes delivering spare parts for broken machinery. They will also carry out specific on-site training for clients.
A former accountant for Porsche, Vathauer studied at the University of Paderborn in Germany and is currently studying for a PhD at the University of Portsmouth in the UK.
He has plans to expand internationally - thanks to the continued advancement of e-commerce on a global scale. The company - which has its HQ in Detmold, Central Germany - has two other subsidiaries, one of which is in Poland.
Meanwhile, the team has already received worldwide recognition - and awards - for its Energy Recovery System (ERS). This is a device which 'recycles' kinetic energy back into machinery and can be used on either new automated systems or retrofitted. It boasts a 98 per cent efficiency rate and is currently used in conveyancing systems, elevators and robotic automation applications.
It's clear this family-run firm - other family members work in the strategic innovation department, accountancy and production - is itself a driving force within its sector and one to keep an eye on as industry, and e-commerce in particular, expands.
Find out more about the company at their website http://www.msf-technik.de/en today.
An article on the company can also be found on BWM website
For more details on Business Worldwide Magazine Awards 2016, go to http://www.bwmonline.com/awards/
About Business Worldwide Magazine
Business Worldwide Magazine is the leading source of business and dealmaker intelligence throughout the world. Our quarterly magazine and online news portal enables an established audience of corporate dealmakers to track the latest news, stories and developments affecting the international markets, corporate finance, business strategy and changes in legislation. This readership includes of CEO/CFO - Banks, Corporate Lawyers and Venture Capital/Private Equity Companies to name a few.
SOURCE Business Worldwide Magazine