Dear reader
Once again, a year with many big events is over. Covid-19 is almost forgotten - instead we now have a war in Eastern Europe. At the World Cup in Qatar, politics took precedence over sports, but of course we congratulate our Argentinian friends on their victory.
Elon Musk buys Twitter and puts it to the vote whether he should resign, energy costs in Germany triple, official inflation reaches almost 10% - worries upon worries as it seems.
However, despite initial concerns about visitor numbers and costs, we were able to successfully complete two trade fairs (IFAT in May and K2022 in October). All in all we can say that both fairs had a smaller visitor number than “usual”, but we still made many new, important contacts and were able to solidify our “old” relationships.
Despite this confusing time, our global Krah Community members were able to realise various pipe projects, and we can report on some of them here. We were also able to launch a new machine, the MF400, which makes large cuts and holes in pipes at low cost, thus reducing the cost of plastic fittings considerably (more on page 11). The state is intervening more and more in the market, through sanctions, expropriations and price caps, whether this is in the spirit of the social market economy remains to be seen. Despite all this, we were able to welcome three new community members, and the next Krah Community Meeting will take place directly at the home of one of the three: Malaysia.
We are already now looking forward to visit them at the new factory, to see our machines producing pipes for national projects there and to get to know the people behind the company.
We wish our customers, suppliers, employees and their families a peaceful Christmas and a happy New Year - and hope that we can spend many more years together in peace.
Alexander