We are delighted to present to you our annual report for the financial year 2020.
Despite the ongoing coronavirus pandemic, we achieved good results and successfully completed the growth projects. The outbreak of the coronavirus pandemic at the end of the first quarter of 2020 led to an impact on the economic development of almost every single company – including Progroup. Soon after the pandemic became known in spring 2020, we established a task force which analyses the situation on an ongoing basis and implements measures where necessary. In doing so, the company has ensured the health and safety of our employees on the one hand, and ensured that supply chains for vital goods such as pharmaceuticals, food and medical devices remained intact on the other.
Progroup also managed to make further progress and successfully completed our growth projects – the paper factory PM3 and the packaging park VP12a. Therefore, the company has a positive view of the future with further growth.