Page 30 - HIMA PR REPORT - JUNE 2024

6/21/24, 10:45 AM HIMA expands global operations and secures major projects
The company's presence has grown with new locations in Saudi Arabia and expanded
operations in Slovakia and the Middle East. A new subsidiary in India is set to open by the
end of this year. In regions where HIMA lacks a direct presence, the company is
expanding its partner program to enhance engineering and support capabilities through
quali ied partners.

Advanced solutions

HIMA has seen success in various sectors, including new rail projects in the UK, Italy, and
India. The railway industry, alongside the process industry, remains a key market for
HIMA. Thanks to Sella Controls, the company's product and solution portfolio has grown,
leading to new projects such as an overspeed prevention system in the UK, which
automatically reduces rail vehicle speed and enables driver monitoring. Additionally,
HIMA's safety controllers are securing the earthing system in Italy's high-speed train
tunnel "Galleria Ceraino," operating fully automatically and remotely in compliance with
SIL 4 standards. A partnership has been established with an Indian company to develop
the Automatic Train Protection System ("Kavach").

"Our growth strategy, which is based on the digitalisation of functional safety with added
value in parallel with international expansion, paid off in 2023," says Jorg de la Motte,
̈
CEO of the HIMA Group.

"HIMA continued to grow pro itably in 2023 – for our shareholders this is a good basis
̈
for further investments," adds Dr. Michael Lobig, CFO of the HIMA Group. By region,
Europe dominates the business of the HIMA Group with a 55% share of sales. This is
followed by Asia (20%) and the Middle East (17%). The Americas account for 8% of
sales.

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