We do as Maersk. Invest heavily when times are tough to be ready when the market picks up again
Many companies are starting to see the end of the financial crisis. This may be true in the construction business where Danfoss Semco has seen very high growth over the last three years, but the marine business is still struggling. Our company has a track record of continuously investing in new product development and approvals. An example is our bilge nozzle launched in 2014. We are still the only company in the world that has an approved nozzle that can cover a bilge height up to 1.5m and hence provide a totally water based firefighting system for most vessels. 2015 will continue this trend with a record investment in our future. We are expanding our R&D department, we are conducting the highest number of fire tests ever and we expect to introduce even more products in 2015 and 2016. We trust this further strengthen Danfoss Semco as the preferred provider for engineering design companies, owners and shipyards.
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