Up to date: Latest news from Framo Morat

The Franz Morat Group is among the winners of the Jobmotor 2024 award. This prestigious competition for the economy of Southern Baden honors companies that strive to increase employment in the region and attract and retain employees with innovative personnel concepts.

Framo Morat, Inc. is participating in Modex 2024, the premier trade show for the supply chain, manufacturing, and distribution industries. MODEX 2024 will take place from March 11 to 14, 2024, at the Georgia World Congress Center in Atlanta, GA – conveniently located near our US branch in Duluth, GA.

The Franz Morat Group achieved record revenue once again in the previous fiscal year of 2023 despite weakening economic activity. At around 114 million euros, sales came in about 8% higher than in the previous year. Managing Director Gökhan Balkis considers this a satisfying result in light of the current geopolitical and economic backdrops, even if revenue was a little less than 5% below target.

Managing Director Gökhan Balkis predicts that 2024 will be a year of numerous challenges for the German industry. Balkis cites multiple primary causes: increasing wages, rising energy costs, the budget crisis, geopolitical tensions, and the continually arising crises worldwide.

With the commissioning of the new solar park, the Franz Morat Group is taking an important step towards sustainability. The ground-mounted PV system at the Eisenbach headquarters is not only a milestone for the company, but also an enrichment for the community of Eisenbach and the region.

With the opening of the solar park, the Franz Mort Group is demonstrating that green energy is an important part of sustainable business.