Miba boss Peter Mitterbauer doubles the management team to six people in order to make better use of the megatrends decarbonization and digitization.
The Upper Austrian automotive supplier Miba wants to expand its field of activity into the energy sector by 2027 and is broadening the company's management. The three board members Peter Mitterbauer, Markus Hofer and Martin Liebl are given the support of the two persons responsible for the “Sinter” and “Bearing” divisions, Bernd Badurek and Christoph Ederer, as well as Personnel Manager Bernhard Reisner. The management team acts as an “Executive Committee”, as the group announced.
conversion
According to the company today, Monday, “candidates with many years of international management experience” will take over the management of the two largest business areas. With the new strategy, Miba “primarily wants to determine how it wants to use the two megatrends of decarbonization and digitization and grow in the process”. The consequences of the corona pandemic for society, markets and technologies would also be taken into account.
CEO Mitterbauer had already announced the company's new future strategy in a newspaper interview in mid-December – in a few years' time, Miba will no longer be primarily an automotive supplier, but also an energy company and be active along the entire energy value chain.
New focus
This begins with energy production and extends from transmission and storage to the use of energy. The company is currently primarily active in the field of drive technology for mobility. Miba plain bearings could also be used in wind turbines in the future. But battery modules, charging infrastructure for e-vehicles or intelligent power grids should also be part of the company's field of activity much more than before.
In the 2019/20 financial year, Miba achieved sales of 977 million euros with 30 production sites worldwide and employed around 2,700 people in Austria. In 2027 the group, based in Laakirchen (Gmunden district), will celebrate the 100th anniversary of its existence.
