GF Piping Systems divests Central Plastics Tianjin Ltd. The non-strategic asset with a turnover of about 4 million US-Dollars will be taken over by the current management
GF AgieCharmilles has concentrated its manufacturing of electric discharge machines (EDM) in Losone (Ticino). The former production building in Meyrin (Geneva) has now been sold to Westcore Europe.
The Gold SolVin Award 2010 goes to GF Piping Systems. The Corporate Group received this international innovation prize for its newly developed piping system made of translucent plastic which is in the field of environmentally friendly algae bioreactors.
Georg Fischer has maintained the fast pace of innovation in recent years despite the economic slump. The Corporation took advantage of unavoidable structural adjustments to align its research and development work more closely to its new markets.
Swiss President Doris Leuthard inaugurates the tenth production plant of GF Piping Systems in Beijing.
Because of the worst downturn in 70 years Georg Fischer announced a restructuring programme in 2009, that has been successfully completed in 2010.
The Clean Water Foundation of Georg Fischer donated 50,000 dollars in emergency aid for the flood victims in Pakistan.
GF AgieCharmilles earns MWP Award. The prize-winning machine is equipped with an iQ-technology, that is equally energy-efficient as it is environmentally friendly, which significantly reduces electrode wear.
The GF Automotive foundries in Singen won the 2010 Master Energy Award for their innovative and environmental energy management.