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Bauer, a leading construction machinery specialist, said its Saudi foundation engineering unit has won two major contracts for The Line - a 170-km belt of hyperconnected communities without cars and roads - being set up within Saudi futuristic city Neom.
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“Despite all the current uncertainties and temporary effects, we are well positioned in multiple respects and are continuing to strategically align our business model along the growing market for packaging.”
With expansion of its own green energy sources at the company headquarters in Würzburg, Koenig & Bauer is continuing the implementation of its sustainability initiative. The target set within the framework of the corporate strategy, Exceeding Print, is for the group’s production facilities to achieve full carbon neutrality by 2030. The massive investments in photovoltaic arrays will allow Koenig & Bauer to cover a proportion of its power requirements on the basis of sustainable on-site generation. Besides contributing to climate protection, this also aims to boost the level...