Fortaco has a strong position on the market.
We have a strong position in a growing, highly fragmented market. Our focus markets, like assembly, vehicle cabins and steel fabrications are largely populated with smaller, local competitors which have a lack of capabilities and scale demanded by OEMs.
The automotive industry OEMs are currently defining new core competencies driven by megatrends such as digitalization and electrification that is leading to increased outsourcing to well-integrated Tier 1 and Tier 0.5 partners. OEMs within the off-highway industry are expected to follow the same footsteps.
Fortaco is a pioneer in technology services and zero emission solutions that allows us to differentiate ourselves from competitors with unique concepts and abilities, utilizing digitalization and automation. In a long-term, our technology pioneer mindset generates significant competitive advantages both for us and our customers.