First of all, I would like to wish all business partners and their families good health and confidence in these uncertain days.

When I visited the 50th World Economic Forum in Switzerland in January of this year, the all-important topic was the change in our climate and how to address the urgent climatic and ecological challenges that are damaging our ecology and economy. At this point in time, I warned of the impending stagnation of the economy around the world.

Now 11 months later we are facing a completely new situation: Covid 19 has completely changed our world. For the second time we have a shutdown with massive cuts in our lives and many borders are closed again. The opportunities to travel are still limited. The economy has been largely idle for weeks around the world. The forecasts now look correspondingly devastating. Some optimistic contemporaries only expect a slight cooling. I see it completely differently. The corona virus will burden the economy worldwide like no other crisis in modern times. I fear it could turn into a bigger and longer lasting recession because once the pandemic goes away, the cause will not be fixed. Consumer behavior will be characterized by insecurity and insecure people do not spend money. It will also behave in the same way in the economy, in uncertain times no new investments will be made. The billions in aid will drain away to service liabilities at the banks and oligopolies will form as a result.

Resource allocation in a company mainly focuses on two resources: people and capital. To maximize the value of the entire company, the whole must be larger than the sum of these two parts. We at Globtec provide our customers with exactly these two success factors.

We provide the know-how for financial independence or the necessary growth in the context with the technical processes within the company and the necessary equity. This applies to the area of ​​corporate finance as well as to the sale of a company or the analysis of external opportunities (mergers and acquisitions). We act both as a service provider and as an investor. Through our global network, we are also able to open up access to new markets as well as to provide the necessary employees. For our investors, in turn, we offer the perfect industry analysis, the first mover advantage, strategic alliances and prudent risk management. Thus, the global capital can achieve the highest risk-adjusted return. We are able to advise or control the most complex alternative financial models ourselves. With acquisitions in the M&A area, our technical team can identify the core competencies of the employees and ensure that they are well distributed throughout the company. We make changes over time based on priorities. In addition to our know-how and investment expertise, our subsidiaries can independently carry out complete projects or provide entire technical teams across Europe.