The organization of the Melchers Group facilitates the integration of independent companies and the rapid expansion of the global range of products and services. From our point of view, it is very important that holdings are long-term ventures and that they are optimised continually. Many of our subsidiaries and partner firms are linked to us economically, yet are legally independent. They have all the rights and obligations of operational management and are responsible for their business results themselves. This is the basis on which we ensure competitiveness at local level and thence the continuity of the Group.