WHAT WE DO

PRODUCING WELDING AND CUTTING EQUIPMENT THAT PERFORMS

SSC JOURNEY

PRODUCING WELDING AND CUTTING EQUIPMENT THAT PERFORMS

Empowerment

Continuous Improvement

Employee Engagement

Customer Focus

Commitment

Regional finance center setup

2008

Regional finance center is established for the following regions:
- Romania
- Slovakia
- Bulgaria
- Hungary Sales

Finance Support for ESAB Europe

2010

Accounts Payable
Accounts Receivable
Financial Accounting

Moving to new office building

New owner, new systems

2012

- Colfax Corporation take over the ownership of ESAB Group
- New ERP platforms are introduced: Movex, Atlas
- New continuous improvement methodology is introduced: Colfax Business System
- New scope within finance: VAT Accounting

New platform support

2013

Colfax subsidiary- Colfax Fluid Handling order management process is migrated in

Center of Excellence Functions are established

2014

- Financial Controlling
- Credit Management
- Customer Service Desk
- SOX
- Data Warehouse
- Inventory Management for 3rd party finished goods

Extended scope

2015

Colfax subsidiary-Howden finance support is migrated
-in ESAB Chennai SSC and Budapest SSC cooperation is established

Organization development -End-to-end process

2016

End-to-end process supporting departments are created
-RTR
-OTC
-PTP

Divestiture from Colfax Fluid Handling

2017

As a result of a successful acquisition we separate Colfax Fluid Handling from the Colfax Corporation

Higher -end & Value Added Services

2018

Global IT Controlling
Global R&D Controlling
M&A Finance Integration
Global SOX Director
ERP upgrade
Robotics

Divestiture from Howden

2019

As a result of a successful acquisition we separate Colfax Fluid Handling from the Colfax Corporation