What's new from Franke
Franke is a company that never stands still. Here you can find the latest news.
Franke opens state-of-the-art production facility for colored synthetic sinks in Slovakia
Aarburg, July 11, 2018 - Franke Group has consolidated global synthetic sink production in its Franke Kitchen Systems division. The new state-of-the-art production facility and Competence Center are located in Strečno, Slovakia. The total investment in the construction of the new site amounts to approx. CHF 42 million. Production commenced on June 28, 2018.
Year-End Result 2017 – Artemis Group Achieved Good Sales Growth
Aarburg, May 29, 2018 - Nearly all the activities of Artemis Group benefited in the 2017 fiscal year from the positive overall economic situation and achieved a good sales growth, even though some of the key markets for the Group, such as Turkey and Southeast Europe, were affected by economic or political uncertainties. Profitability posted a less pleasing performance. The operating result (EBIT) fell slightly due to higher costs, e.g. for the expansion of sales structures. Cash flow and profits after tax improved, however, in the wake of the positive financial results. The strong financial position, characterized by a high equity ratio and low net debt, remained unchanged.
Patrik Wohlhauser appointed new CEO of the Franke Group
Aarburg, March 14, 2018 – Change at the top management level of the Franke Group: CEO Alexander Zschokke has decided to leave Franke due to different opinions about the further development of the company. His successor Patrik Wohlhauser takes over the leadership of the Franke Group as of March 19, 2018.
Gianluca Mapelli New Chief Operating Officer of the Franke Group
Aarburg, January 8, 2018 – The Franke Group has appointed Gianluca Mapelli as its new Chief Operating Officer and member of the Group Management Board. Gianluca Mapelli replaces Lukas Burkhardt, who is leaving Franke at his own request to pursue new challenges.
Franke Foodservice Systems Acquires Facility Solutions, Inc., a Project Manager for Nationwide Chains
Smyrna, January 4, 2018 – Franke Foodservice Systems, the global equipment and supplies solutions provider based in Smyrna, Tennessee, announced the acquisition of Facility Solutions, Inc. (FSI), a project management firm serving national restaurant and retail chains.