New investments of 15 million euros, market presence strengthened

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High assembly of Framo GmbH, Löbichau: Investor and foremost shareholder Majed Al-Askar declares excessive investments
With 5 million euros within the present fiscal yr 2021 and an extra 10 million euros in 2022, the Saxon eTruck designers and retrofitters are as soon as once more committing to future markets
Analysis, growth and battery manufacturing to be considerably expanded

Löbichau After a high administration assembly, Saxon eTruck builder and retrofitter Framo reaffirms its position as a specialised business shaper: “We are going to improve funding quantity by 5 million euros earlier than the top of the present fiscal yr, with one other 10 million euros to comply with as early as 2022,” says Majed Al-Askar, principal shareholder and investor in Framo GmbH. “We are going to proceed to play a key position in shaping the marketplace for emission-free heavy-duty transport.”Majed Al-AskarNew views after change in administration
“Up to now and with the earlier administration, sadly, not all the things went persistently clean,” says Al-Askar. “However with new administration, we now have put Framo GmbH again on observe. Above all, this can be a staff effort: we now have changed essential positions within the administration and gained an essential worker in CMO and CBDO Serhat Yilmaz.”Framo accepts duty, excellent news for patrons and companions
The big-scale investments are for use within the areas of analysis, growth and manufacturing. “We are going to place ourselves extra broadly total,” reveals Serhat Yilmaz. “Supply instances will now be additional shortened, the growth and conversion of electrical automobiles within the heavy-duty sector will likely be accelerated, and their vary will likely be improved. New priorities are being set, notably within the space of battery analysis and gas cell expertise.”- Image is out there at AP Photographs (http://www.apimages.com) -Press contact:
CMO and CBDO Serhat Yilmaz
Cellphone: +49 36602 473330
Mail: s.yilmaz@framo-eway.com



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