Impact of the COVID-19

Since the outbreak of the coronavirus pandemic in early 2020, the cards have been reshuffled many times in numerous markets. The global impact of the pandemic severely tested many companies and their people, partnerships and supply chains in 2020 too. Lockdowns, material bottlenecks and regulatory requirements, as well as inflation spikes, produced unprecedented challenges - but also opportunities. Opportunities that were not even conceivable in the past for many were now brought within reach by changed conditions and circumstances. Companies that had already done their homework were able to overcome many unforeseen difficulties and, through flexibility, willingness to adapt and technical advantages, once again assert themselves ahead of others and emerge stronger from COVID-19.

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