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The Wurth Group sets historic records in 2021 fiscal year 

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According to the preliminary annual financial statements, the company generated sales of EUR 17.1 billion (2020:  EUR 14.4 billion) corresponding to an increase of 18.5%, or 19.0% adjusted for currency effects. In, Germany, the Wurth group’s sales grew by 14.1 % to EUR 6.9 billion (2020: EUR 6.1 billion). With EUR 10.2 billion (2020: EUR 8.3 billion) the Wurth Companies abroad achieved even more successful results.

In Southern and Western Europe, the Group companies reported above-average growth rates, which were partly due to the very high sales slumps in 2020 in countries like Spain, Italy, and France caused by the Covid-19 pandemic. Adolf Wurth GmbH & Co. KG (AW KG), the parent company and the largest individual company in the Wurth Group, generated external sales of EUR 2.1billion (+11.3 %).

As per the preliminary annual financial statements, the operating result of the Wurth Group is clearly up on the previous year with EUR 1.2 billion (2020: EUR 775 million). Strong sales growth and higher productivity contributed significantly to the positive result, and in addition due to the pandemic, costs for travel, trade fairs, and conferences did not incur in 2021.

The number of pick-up shops worldwide has more than doubled to 2,497 in the past ten years. In the business year 2021, the e-business unit generated sales of EUR 3.4 billion, which corresponds to a new record with 19.9% of the Group’s total sales.

The group’s own production plants in Germany and Europe ensure certain independence from global supply chains. “This means that we do not depend on Chinese steel imports. Today, already 80 %of our goods originate in Europe,” says Robert Friedmann, Chairman of the Central Management Board.

In the third quarter of 2022, the new innovation center in Kunzelsau-Gaisbach will be opened with the aim of streamlining innovation cycles, bringing new and further developments to market more quickly, and offering customers even more solutions of added value.

Wurth Lanka – a wholly-owned subsidiary of Wurth International, was able to contribute to the above achievement by reaching up to a sales growth of 44% compared to the year 2021 through various sales strategies performed such as “Shop in shop concept”, “Weekend Wurth promotions” and “Corporate and non-Corporate sponsorship programs” etc.

Wurth Lanka began operations with a single employee in 1988 and now employs over 120 employees in various capacities including sales, services, and support. Wurth Lanka (Pvt) Ltd is a fully owned subsidiary of Wurth International, AG and belongs to Adolf Wurth GmbH, Germany-the parent company of the Wurth Group. Wurth is a Euro 14 billion Company and one of the largest international trading companies with more than 400 subsidiaries in 83 countries. With 89,183 employees worldwide, Wurth has the largest direct sales force – 33,000 around the world – to be closer to their customers.



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Wing Commander (Retd.) D. Pradeep S. Kannangara elected president, Industrial Security Foundation

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The Industrial Security Foundation (ISF) which acts as the sole organization in Sri Lanka to represent the Private Security industry having incorporated by an Act passed in the Parliament, Act No. 51 of 1999, elected Wing Commander (Retd.) Pradeep Kannangara as its President for the years 2022/2023 at its 30th annual General Meeting which was held at the PIM Auditorium in Borella. Wing Commander Pradeep Kannangara was appointed President while 14 other members were appointed to the Executive Committee, strengthening the ISF in order to drive and uplift the standards of the private security industry in Sri Lanka.

He has served on the ExCo consecutively since 2012 under four different presidents where he held the positions of Senior Vice President during the last three consecutive years. He has also been a committed member of the ISF and was awarded prestigious coveted FISF title due to his many valuable contributions to the organization and the Private Security Industry in Sri Lanka in 2012.

Wing Commander Kannangara’s journey into private security began after a successful career in the Sri Lanka Air Force for over 24 years where he served in many capacities finally being the Officer Commanding of the Special Air Borne Force. A recipient of the Ranasura Padakkama (RSP) Gallantry award for his bravery, sacrifices and service to the nation by the President of the Socialist Republic of Sri Lanka in 1990. He holds a Master’s in business management from the Edith Cowan University, Perth, Australia too and serves as a Board Director in AB Securitas (Private) Limited in Sri Lanka and AB Securitas Bangladesh Limited.

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Kitchen & Bedroom reaffirms its partnership with Häfele Sri Lanka

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(L-R) Pawan Singh- General Manager Sales & Marketing at Hafele Sri Lanka, Jurgen Wolf- Managing Director Hafele South Asia, Dr. Sacquaff- Group CEO Kitchen & Bedroom, and Manish Mahajan, Director Sales Hafele South Asia

Kitchen & Bedroom, a name synonymous in the interior designing and furniture sector in the country recently celebrated its long-standing partnership with Häfele Sri Lanka during the latter’s 12th year anniversary celebratory event, reaffirming its ambitious plans to further strengthen and explore the numerous opportunities available here.

Häfele Sri Lanka, part of Häfele India which is a wholly owned subsidiary of the Hafele Global network, is a technology partner for various projects and initiatives of Kitchen & Bedroom. Both the companies operate in the interior design space, sharing their cumulative knowledge and expertise to provide extensive and personalized solutions catering to domestic requirements.

‘We take great pride in our association with Häfele Sri Lanka having exchanged and collaborated on many projects both commercial and household. We share similar values such as providing high quality, sustainable, functional and customized solutions to our customers, and most importantly to guide them through every aspect and step of the project and how best we could bring out their desired design,’ said Dr. Sacquaff, Kitchen & Bedroom Group CEO.

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DSI strengthens its islandwide presence with three new showrooms

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Amid the prevailing economic hardships faced by Sri Lanka, Sri Lanka’s premier footwear brand DSI recently expanded its islandwide presence in the country with the opening of three new showrooms in Kahawatta, Akuressa, and Chavakachcheri, with the aim of offering greater access to its diversified product range to a wider customer base.

Gracing the special occasion, the showrooms were declared open by D. Samson & Sons (Pvt.) Ltd. Managing Director Thusitha Rajapaksa, in the presence of Director Asanka Rajapaksa, General Manager Pradeep Samarathunga, National Sales Manager – Retail Sales Naleen Weerawardana, invitees, and well-wishers.

Speaking at the opening ceremony, Thusitha Rajapaksa stated: “We are excited about expanding DSI wings to three new locations. Despite the ongoing economic conditions of the country, we took a call to take a proactive measure to expand our islandwide presence. While it has been a challenge, the commitment and hard work of our team has made it possible to serve our loyal customers better, and we are confident that we will be able to continue these efforts in the future as well.”

DSI is renowned for its well-trained staff who offer exceptional customer service. The three new DSI showrooms prioritize providing a unique service and customer support to make purchasing further convenient for the customer.

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