Home  |  About us  |  History  |  Careers / jobs  |  Press  |  Contact
Back
 

Welcome to LE News - January 2012

Dear Readers,
 
As another year is over and a new one has just started, I would like to use this opportunity to wish all of you a happy 2012.
 
For a company a new year is always a challenge because we start with zero sales and zero results again. It’s a good time to correct the mistakes made in the past, or to continue a strategy defined before which is going to be the case for the Royal Lankhorst Euronete Group.
 
Several projects that we started last year are nearing completion and a lot of work will be involved to get things moving forward. Early this year three of our operating companies in Portugal (Euronete, Lankhorst Indutech Cerfil and Lankhorst Euronete Ropes) will merge into one: Lankhorst Euronete, S.A. The goal of this merger project is to improve efficiency and to prepare our Group even further for the future – a project that will continuously require attention, focus and energy of many of our key people.
 
A big concern for me in 2012 is the Euro zone. In the last few months we witnessed a large number of bailouts and austerity measures being taken one after the other in Europe. However, they don’t work because we do not tackle the problem in the proper way. In my opinion the solution to save the euro is a renewed monetary u nion which is based on a deeper integration between all euro zone countries. I presume everyone agrees with that, but we need to change it fast because at the moment we live in a systematic crisis in the EU. Solving the problem requires the commitment of all involved … as said by some European leaders, we need “more Europe”.
Also this year we will start another major project and that is to build a new modern factory to produce deep water mooring
ropes for the oil & gas platforms. We are requested more and more to supply this type of ropes in bobbins (reels) of heavier weights. Lately we have been requested to supply them with weights of around 120 tons and, as you can probably imagine, this is very difficult to transport and to handle. Taking this into consideration we therefore decided to move our production of this type of ropes from Póvoa de Varzim to the vicinity of the commercial port of Viana de Castelo (see photos).
 
 
 
As oil and gas exploration takes place at deeper depths the offshore world requires such heavier bobbins (reels). With our move we will be able to meet those needs and provide our offshore customers with the required products. We expect that this new building will be ready by the end of April /early May and that the new factory will be in full operation in July/August 2012.

José Luis Gramaxo
President/CEO