Inwido reinforces its governance structure for increased value creation
Inwido, Europe’s largest supplier of windows, is developing its governance model by transitioning to a structure in which the individual companies within the Group are assigned full responsibility for their business and profitability. Accordingly, the business area structure that has applied to date will be replaced by 30 subsidiaries operating through customer-focused business and brand strategies and tight-knit local supply chains. Group management will also reflect the new structure. The change is planned to be fully implemented by 1 January 2019.“The purpose of this change is, above all,