Schottel Going Full Speed Ahead
Schottel ended the year 2003 with record sales. With 550 employees worldwide, the company continued the previous year’s trend, achieving sales in the new systems and service sectors totalling 90 million euro (2002: 81 million). Sales for the group were thus increased by 11%, and once again exports accounted for some 80% of the total. The extremely satisfactory volume of incoming orders in the last 12 months, amounting to some 88 million euro, means that 42 million euro of orders are on hand for the year 2004. Of particular significance are the latest worldwide sales successes in the areas of tug propulsion systems, offshore supply vessels, cruise ships, research vessels, ferries and military vessels.
Schottel Reorganizes
With a revised product range and a new corporate structure, Germany’s Schottel announced that its headquarters in Spay/Rhine and Schottel Antriebstechnik GmbH in Wismar have been merged to form the new Schottel GmbH with its registered office in Spay and branches in Wismar and Hamburg. Schottel Schiffsmaschinen GmbH, which is also based at the Wismar location, will continue to develop and manufacture controllable-pitch propeller systems as an independent company. The core competencies of Schottel GmbH are the development, production and servicing of steerable propulsion and maneuvering systems such as the Rudderpropeller and its electric variant the Combi Drive, the Schottel Pump-Jet and the SCHOTTEL Transverse Thrusters.
