RENK Group

🚀 𝗧𝗵𝗲 𝗦𝗠𝗠 𝗶𝘀 𝗸𝗶𝗰𝗸𝗶𝗻𝗴 𝗼𝗳𝗳! It's that time again: The SMM Hamburg, the leading international maritime trade fair, is starting today, and we can hardly wait! Our booth is ready, and presentations are prepared: From 🗓 𝘚𝘦𝘱𝘵𝘦𝘮𝘣𝘦𝘳 3𝘳𝘥 𝘵𝘰 6𝘵𝘩, we will be showcasing our Marine Solutions product portfolio at 📌 𝗯𝗼𝗼𝘁𝗵 𝗔𝟯.𝟮𝟬𝟳. We look forward to engaging in inspiring conversations with interested visitors! Come by and visit us!

🛠️ 𝖶𝖧𝖠𝖳𝖤𝖵𝖤𝖱. 𝖶𝖧𝖤𝖭𝖤𝖵𝖤𝖱. 𝖶𝖧𝖤𝖱𝖤𝖤𝖵𝖤𝖱. 🛠️ At RENK, we aim to respond to customer requirements as individually as possible with our #marine service offerings. We provide detailed consultation and planning for #inspections and #maintenance – and thanks to our global network, we can be at shipyards or ports worldwide within 48 hours to carry out even unplanned maintenance and repairs. Because even well-maintained systems can fall short of expectations with age or under changing environmental conditions. A prime example of this is the exceptional service deployment for a frigate in the NATO fleet a few months ago in Finland, which we at RENK Service had the privilege to perform. Together with the crew, we managed to make a ship operational again almost overnight: In a record time of just under 30 hours, we were able to fix problems in the ship’s automation. Even under the most challenging conditions, we were not only able to meet our quality standards – but to demonstrate that RENK can be relied upon even in critical situations. Only in this way can we contribute to greater security in the world together with our customers. Would you like to get to know us and our Marine Solutions offerings better? Then visit us at SMM – the leading international maritime trade fair from 📅 𝙎𝙚𝙥𝙩𝙚𝙢𝙗𝙚𝙧 3–6 𝙞𝙣 𝙃𝙖𝙢𝙗𝙪𝙧𝙜.

🎯 𝗦𝘂𝗰𝗰𝗲𝘀𝘀𝗳𝘂𝗹 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗲𝘅𝗰𝗵𝗮𝗻𝗴𝗲 Interesting insights and exciting discussions on current and innovative industrial solutions were the focus of the Turbomachinery & Pump Symposia (TPS) in Houston, USA. TPS is recognized as a key industry event, offering a platform for the #exchange of ideas between rotating equipment engineers and technicians from around the globe. Our participation as RENK was a resounding success – we showcased #solutions for couplings, self-synchronizing clutches, slide bearings, and high-speed gear units in industrial applications. Of particular interest was the model of the RECOVAR®-E, our solution for variable speed drives for compressors. A big thank you to all customers, suppliers, and interested visitors; our booth was the perfect place to engage in conversations and exchange information on the latest products and developments.

🎙 𝗣𝗼𝗱𝗰𝗮𝘀𝘁: AI in the defense industry RENK CEO Susanne Wiegand provides insights into the application of artificial intelligence in the defense industry in the latest episode of the Handelsblatt podcast „Disrupt“. In a conversation with Larissa Holzki, she explains how RENK integrates hybrid propulsion systems, and #AI technologies into military vehicles. Additionally, she discusses the “Zeitenwende”, the turning point in German defense policy, analyzes Europe's role, and emphasizes the importance of defense readiness – this needs to be ingrained in the minds of people and politicians to ensure the security, democracy, and freedom of Germany. Listen now! ➡ https://lnkd.in/dswgTMgD

𝙄𝙋𝘿 𝙖𝙧𝙧𝙞𝙫𝙚𝙨 𝙞𝙣 𝙏𝙤𝙠𝙮𝙤 On May 7th, the Indo-Pacific Deployment (IPD) 2024 set sail, and after stops in Halifax, New York, the Panama Canal, San Diego, and Pearl Harbor, the replenishment ship “Frankfurt am Main” and the frigate “Baden-Württemberg” – on behalf of the German Navy – have now arrived in Japan. The formal visit is aimed at strengthening the partnership between #Germany and #Japan. However, the focus is also on collaboration with German #industry. This is where we, as RENK, come into play: We are pleased to have had the opportunity to present our latest hybrid gearing solutions to the Japanese Navy and industrial partners, which have garnered significant interest. Together with our partners, we are working to bring cutting-edge German #technology to Japan. We would like to extend our gratitude to the German Embassy and the German Navy for their dedicated support in this endeavor.

🎓 𝘾𝙤𝙧𝙣𝙚𝙧𝙨𝙩𝙤𝙣𝙚 𝙇𝙈𝙎: 𝙄𝙣𝙣𝙤𝙫𝙖𝙩𝙞𝙫𝙚 𝙡𝙚𝙖𝙧𝙣𝙞𝙣𝙜 𝙥𝙡𝙖𝙩𝙛𝙤𝙧𝙢 𝙨𝙪𝙘𝙘𝙚𝙨𝙨𝙛𝙪𝙡𝙡𝙮 𝙡𝙖𝙪𝙣𝙘𝙝𝙚𝙙 Cornerstone OnDemand LMS is the new, innovative learning platform at RENK, marking another important step towards the #digitization of our #HR department. The platform, which is available to all employees globally, was introduced at the beginning of August and serves as a centralized hub for training, learning content, and educational programs. All RENK training sessions are managed through the platform – digital, transparent, and highly intuitive to use. The launch was a great success: A large portion of employees successfully completed their first assigned training within the first two weeks.

What is a #gearbox, how does it work and what functions does it serve on a ship? RENK provides foundational knowledge in worldwide customer #training sessions not only to ship crews but also to naval base personnel, as part of our wide range of #marine services. The customized training courses on site or at RENK with comprehensive presentations and training materials, create a deep understanding of the installed gear unit system as the heart and link between all components of the #drivetrain – conveying system context and skills to ensure safe operation at all times and enabling the trainees to troubleshoot, if needed.  Navies worldwide rely on RENK’s training courses. In a tailored training session, not only the theoretical basics are taught, but hands-on practical exercises help to easily manage maintenance and repair tasks onboard or at the base. Supporting the training sessions are VR headsets: Complete models of the gear unit systems are used to demonstrate operation modes, to explain inner components or to visualize maintenance tasks. The training courses – conducted in English, German or with an interpreter if desired – are always tailored to the specific project and provide tangible added value. Would you like to get to know us and our Marine Solutions product portfolio better? Then visit us at SMM Hamburg – the leading international #maritime trade fair from September 3–6.

We’re off to a great start at #GVSETS in Michigan with the Horstman team! Visit us at Booth # 403 to explore the innovative #solutions we’re already delivering today. Let’s connect!

The RENK Group is setting new benchmarks – delivering record-breaking figures in the first half-year period of 2024! Driven by dynamic #growth across all our business segments, we achieved impressive results in the second quarter of this fiscal year, which was the strongest Q2 in our company’s history.  The supercycle and ‘Zeitenwende’ are clearly reflected in our key figures: Revenue and order intake were at an all-time high in Q2. Revenue increased by 24.4% to € 510 million in the first half-year period of 2024. Adjusted H1 EBIT grows by 9.4% to € 69 million (H1 2023: € 63 million). The accelerated #revenue growth and the high level of total order backlog, which increased by 10.1 % and corresponds with its 4.7 billion Euros to more than four years of revenue, underscore the exceptional performance of the first half of 2024. Our financial guidance for 2024 has been refined and raised – we continue to focus on growth! #defense #industry #europe

On August 12, 2024, the Supervisory Board of RENK Group AG decided on a change in the Executive Board of RENK Group AG: Christian Schulz, CFO of RENK Group AG, has asked the Supervisory Board of RENK Group AG to terminate his contract prematurely for personal reasons. With the consent of the Supervisory Board, he will leave the company with effect from September 30, 2024. Anja Mänz-Siebje, Head of Corporate Finance and CFO of RENK GmbH, will be appointed Chief Financial and IT Officer of RENK Group AG with effect from October 1, 2024. Read more: https://lnkd.in/eB9q5-nb