22.08.2018
Open to change
Dr. Joachim Koch has further strengthened management of the VEM Group since 1st February 2018
It may be just four months ago that Dr. Joachim Koch joined the management team at VEM, but he has actually known the company for much longer. As an acknowledged business consultant and specialist for financial matters,he was from the very beginning a lead adviser for the Chinese family holding SEC and its owner, Jianyu Wang,during the negotiations on acquisition of the VEM Group.
“When I decided to switch from the consulting side into company management,I was already well aware of VEM’s good reputation as a strong company with excellent products and great potential,” he says. “My task is now to further advance the development of the VEM Group in terms of innovation, customer satisfaction and profitability, and in this way to prepare us for whatever challenges the coming years may bring.”
„My task is now to further advance the development of the VEM Group in terms of innovation, customer satisfaction and profitability.”
Parallel to his remit as managing director of the holding company VEM GmbH, alongside Jianyu Wang, Dr. Torsten Kuntze and Falk Lehmann, Dr. Koch will also be serving as managing director of VEM motors GmbH in Wernigerode.
Dr. Koch is very grateful to everyone at the various company locations for the immediate welcome into their teams, which made a successful start all the easier. He has observed not only a deep loyalty to the company, but also a readiness to tread new paths.
„We are further intensifying our global activities, especially in the growth regions.”
“In the low-voltage sector, where my main focus lies, we want to bring new motors and other products onto the market, and that calls for certain meaningful investments in our factories,” he says. “Competitors are transferring more and more production to low-wage countries, but we want to maintain our current manufacturing capacities.” Flexible production based in Germany, customer orientation and front-line expertise embodied in innovative motors are valuable trumps which VEM holds in its hand.
For all the manifold aspects of daily business, Dr. Koch is not losing sight of the longerterm development of VEM. “We are further intensifying our global activities, especially in the growth regions,” he explains. A strategy which the new owner also supports. He plans to open the Asian market for low and high-voltage drives.
Dr. Koch spends a lot of his free time with sports. One of his next sporting challenges, is a mountain bike tour to the Brocken, at 1,141 metres the highest summit of the Harz Mountains.
Source: VEM Impulse 2/2018.
