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News
by Supplier: Carlo Gavazzi
Carlo Gavazzi is a diversified, internationally active electronics group designing, manufacturing and marketing electronic equipment targeted at the global markets of industrial automation and information processing.Under the umbrella of a holding company, headquartered in Switzerland, Carlo Gavazzi is organised in two business units. It is the function of the holding company to ensure planning and development of the group's business portfolio, to choose a coherent set of strategies and objectives, to monitor their implementation and the efficiency of the corresponding management tools and processes, to select the upper-level management, to manage corporate finance, controlling, tax planning, management information systems, communication and investor relations. The business units operate separately within the framework of defined strategies and objectives; they are responsible for research and development, manufacturing, quality, marketing and sales, human resources, logistics, finance and control. Group executives lead their business units in line with the holding's objectives as businessmen with strong entrepreneurial drive and responsibility. Objectives. To provide our customers with technologically innovative, high quality and competitive solutions, in compliance with their requirements and expectations. To create an environment conducive to our employees' professional and personal development. To obtain a fair and equitable return for our shareholders through sustained development of our core activities. Principles. To create added value for our customers with our products and services in order to strengthen their market positions and establishing long-term partnerships. To adapt structures and processes to market needs and delegate responsibility. To promote an environment conducive to mutual respect and cooperation. To mark clear leadership and integrity by doing what we say.
 | | Implementation of announced staff reduction in the Computing Solutions Business Unit | 05 January 2006 - Carlo Gavazzi
To improve the profitability of its Computing Solutions Business Unit, the Zug-based electronics group Carlo Gavazzi implemented the measures announced at its press and financial analysts' meeting on June 23, 2005. | | | | Honorary Chairman Riccardo Gavazzi passes away | 28 December 2005 - Carlo Gavazzi
In 1957, at the age of 32, Riccardo Gavazzi took the helm of the company from his father and founder. As a visionary and entrepreneur he expanded the Italian based activities of the company continuously into a global industrial group. He was a charismatic leader who successfully directed the group with much care and intellect. | | | | Transfer of part of its production from Danish facility located in Hadsten to Kaunas, Lithuania | 23 December 2005 - Carlo Gavazzi
In order to further improve the competitiveness and the operating margin of its Automation Components Business Unit, Carlo Gavazzi, the Zug based electronics group is transferring part of its production from the Danish facility located in Hadsten to Kaunas, Lithuania. | | | | New CEO for Computing Solutions Business Unit | 12 April 2005 - Carlo Gavazzi
After majoring in mathematics and physics in Denmark, Mads Lillelund earned business degrees from Baylor University and the American Graduate School of International Management, USA. During his successful professional career he assumed important sales and marketing positions in the telecom infrastructure sectors with AT&T, Brussels and Lucent Technologies, Ireland and New Jersey. He was also instrumental in the operational turnaround at Enterasys Networks, Andover, MA. Mads will take office on April 19, 2005. | | | | Passing away of Honorary Chairman Riccardo Gavazzi | 05 April 2005 - Carlo Gavazzi
In 1957, at the age of 32, Riccardo Gavazzi took the helm of the company from his father and founder. As a visionary and entrepreneur he expanded the Italian based activities of the company continuously into a global industrial group. He was a charismatic leader who successfully directed the group with much care and intellect. | | | | Hanspeter Schraner appointed CFO | 01 March 2005 - Carlo Gavazzi
Hanspeter Schraner, certified accountant, graduated in economics from the University of St. Gallen, and is currently employed as Head of Corporate Reporting by Sarna Kunststoffholding AG, Sarnen (CH). Prior to this, as a Managing Consultant, he headed finance transformation projects for IBM Business Consulting Services, Zurich (previously PwC Consulting). Earlier positions include five years of tenure with PricewaterhouseCoopers in San Jose (USA) and Zurich. | | | | New Singapore regional headquarters for Asia-Pacific | 05 January 2005 - Carlo Gavazzi
With the participation of representatives of the Singapore Economic Development Board and the media, the regional headquarters of the Automation Components Business Unit was officially inaugurated yesterday. | | | | Significant improvement in first semester | 19 November 2004 - Carlo Gavazzi
In the first six months of the current period, ended September 30, 2004, the Zug based electronics group improved its financial results significantly thanks to continued efficiency improvements. | | | | Bluetooth Design Services Allow Single-Chip Solutions for Emerging Product Market | 19 October 2004 - Carlo Gavazzi
At WiCon Americas, Cambridge Consultants is unveiling an off-the-shelf reference design for a Bluetooth cordless telephony access point featuring a very low bill of materials of under $15. The cost breakthrough stems from an implementation that uses only the processor integrated on a single-chip Bluetooth device from the market-leading BlueCore family, and is achieved by means of novel application software that runs natively - a technique made possible by Cambridge Consultants' design partnership with the chip maker CSR. | | | | Carlo Gavazzi transfers part of sensor production to Lithuania | 06 February 2004 - Carlo Gavazzi
In order to further improve the competitiveness and the operating margin of its Automation Components Business Unit, Carlo Gavazzi, the Zug based electronics group is transferring part of its production from the Danish facility located in Hadsten to Kaunas, Lithuania. | | | | Both business units show significant performance improvements | 28 November 2003 - Carlo Gavazzi
In the first six months of the current financial year ended September 30, 2003, the Zug based electronics group returned to profit and reached an operating revenue on the same level of the previous year period of CHF 98.4 million (+1.4% in local currency). Thanks to operational improvements, the gross margin increased by 4.4 percentage points to reach 39.2% and pre-tax profits grew by CHF 5.0 million to CHF 0.8 million. Net income reached CHF 0.5 million after a loss of CHF 2.9 million in the previous half-year period. | | | | Gavazzi strengthens its presence in the UK | 19 June 2003 - Carlo Gavazzi
Carlo Gavazzi, the Zug-based electronics group, announces the acquisition of Ralcom Automation Ltd., located in Reading, Berkshire, GB. Ralcom, founded in 1982, is a well-established distributor providing controls and automation solutions to industrial OEMs in the United Kingdom. Through this acquisition, Carlo Gavazzi will increase its sales volume in this market by more than 50%. | | | | Change in Management | 28 March 2003 - Carlo Gavazzi
The concentration of Carlo Gavazzi on two focused electronic businesses introduced last summer has produced positive impacts. In order to better adopt the management structure to the recent organisational change, the board of directors has decided to implement the following changes. The present CEO and chairman of the board, Enzo Urbani, will as vice-chairman assume new tasks. Werner S. Welti was elected to succeed him as chairman of the board. The CEO-position will not be filled. The two autonomous business units will report directly to the board of directors in future. Furthermore, company management confirms the attainment of the year-end results (closing March 31) along the lines forecasted in the interim report. | |
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