Our company enables employees to share in the company’s success
We paid out a total of around € 300 million to employees around the world in recognition of our business success in 2014, making this our highest profitsharing payment ever. The good results of 2014 were mainly due to the successful implementation of the ‟Fit for 2018” transformation and growth program.
German Innovation Award
We received the German Innovation Award of the German Federal Ministry for Economic Affairs and Energy for our innovative liquid crystal technology. A few weeks earlier (March 22), we had also been awarded the Innovation Prize of German Industry in the ‟companies with innovative HR concepts” category for our Innovation Cup and Innospire initiatives.
Opening of the OLED Application Center in Korea
We opened our new OLED Application Center (OAC) in Pyeongtaek, Korea. With this € 7 million investment, we are strengthening our OLED research activities and Korea’s leading role in the display industry.
Launch of our Curiosity Campaign in the United States
Launch of the cross-business ‟Smarter, Together” campaign. With the initiative, we underscored our rich history of innovation and relentless questioning in the United States, the world’s largest pharmaceutical market. Our campaign aims to encourage scientists and engineers, among others, all over the world to share their passion and curiosity.
New OLED production unit in Darmstadt
We laid the cornerstone for a new OLED materials production unit in Darmstadt. Production of high-purity OLED materials for use in state-of-the-art displays and lighting systems is scheduled to start in the approximately 2,000 square meter building in summer 2016. Costing around € 30 million, the project is one of the largest single investments made at the site in recent years.
Innovation Center inaugurated
We opened our Innovation Center in Darmstadt, thereby creating a new platform for innovations. The aims are to promote the innovative potential of employees and give external innovators the opportunity to develop their ideas with our support.
Stefan Oschmann appointed new Chairman of the Executive Board
The Board of Partners of E. Merck KG, Darmstadt, Germany, appointed Stefan Oschmann as the new Chairman of the Executive Board and CEO of the Group. On conclusion of the Annual General Meeting on April 29, 2016, he will succeed Karl-Ludwig Kley, who will then retire after nine years at the helm.
We announced the relaunch of our brand identity. The revamped visual appearance and the introduction of a new logo reflect the transformation into a global science and technology company. Outside the United States and Canada, we operate uniformly under our corporate brand.
We are distinguished as a top employer by Science magazine
We were chosen as one of the world’s best employers in the biopharmaceutical industry by Science magazine, an independent international publication.
Sigma-Aldrich acquisition closes
With the acquisition of Sigma-Aldrich for around US$ 17 billion, we completed the largest acquisition in our company’s history, thus establishing one of the leading players in the over € 100 billion life science industry and a business with around 20,000 employees, 300,000 products and approximately one million customers.
Our company intends to double its presence in Africa by 2020
During its visit to Africa, our Executive Board announced plans to double the company’s headcount and sales on the continent within the next five years. To achieve further growth, we are counting on the entrepreneurial spirit and innovative strength of this region.