The year 2020

Dear clients,
Dear employees,

Who would have thought beginning of the year, that a virus would captivate the entire world and influence daily lives far beyond business. For many of our clients, particularly in the automotive and supplying industry, the necessary restrictions had and continue to show an impact. The JOEST group also suffers from the effects of the pandemic, especially in Europe, the USA and India.

The situation is aggravated not only by a rapidly evolving energy policy, but also by rigid customs regulations by the US. A President that evidently does not accept democratic decisions doesn’t relieve any of the stress in the global political landscape either.

The only way we will overcome this significant obstruction, which will last far into the year 2021, is by a joint effort of the government, citizens and also our employees. The help and forethought of every single employee is therefore of upmost importance to the company.

We explicitly thank our employees for their efforts and understanding in this extraordinary year.
We thank our suppliers and clients for a constructive cooperation.

We wish you and your families a Merry Christmas and a happy New Year – stay safe.

Sincerely,
Dr. Hans Moormann, 
Dr. Marcus Wirtz