MANN+HUMMEL announces global cost savings initiative  [ Germany ]

MANN+HUMMEL informed that it will further strengthen its competitiveness by identifying and implementing efficiency improvements. In light of unsatisfactory earnings in 2018, the filtration specialist will begin a global savings initiative to reduce its cost structure by approximately EUR 60 million. MANN+HUMMEL expects to complete the initiation of these cost saving measures by the end of 2019...
<Feb 05, 2019>