Opened a representative office in Greece, focusing on the Marine and Power Plant business,
which enhanced our market reach and service capabilities in Europe.

Established a representative office in Indonesia, expanding our regional presence and
improving our ability to serve clients in the Asia-Pacific region.

Authorized as a distributor for L’Orange, further solidifying our reputation and expanding our
offerings in high-quality injection systems.

Appointed by MAHLE as their representative for large pistons and cylinder liners. This
partnership broadens our product portfolio and reinforces our market position.

Formed an alliance with Carl Baguhn Hamburg in Germany, expanding our network and service
offerings in the European market.

Launched an in-house workshop for service and repair, enhancing our capacity to provide
comprehensive maintenance solutions.

Established Carl Baguhn Barranquilla as a new alliance partner in Colombia, strengthening our
presence in the South American market.

Formed an alliance with MSHS, a top US provider of engine maintenance, overhaul, and repair
services. This collaboration boosts our service capabilities and expands our spare parts
inventory, enhancing our support for clients worldwide.

Embraced eco-friendly initiatives by installing solar-powered renewable energy with a capacity
of 315 KwP. This step highlights our commitment to sustainability and reducing our
environmental footprint.

Partnered with Global Boiler Aalborg, a leading marine boiler service provider in Denmark. This
alliance enables us to offer comprehensive boiler solutions on a global scale.