Rapid international expansion, maintaining a leadership position in Poland, offering end-to-end solutions that exploit technological innovation, and entering the hard rock mining segment are the principal goals defined in the Famur Group’s new growth strategy for 2019–2023. The Polish company is set to increase its revenue to PLN 2.5 billion to 2.7 billion ($660 million to $713 million) by 2023, of which more than 50% is to be export revenue. Following the implementation of the new strategy, Famur wants to become the preferred global supplier of end-to-end, innovative solutions for the mining and cargo handling industries and a top three manufacturer of machinery for the soft rock mining sector.
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