After the minus year 2022, Rosenbauer also reflects on the consequences of the cyber attack in February. The fire service supplier operating from Leonding (Upper Austria) must make up for the production stoppage caused by the attack. The employees are now working overtime. “We stick together,” says CEO Sebastian Wolf.
Production in the US and Spain continued almost indefinitely, but in Leonding the factory quickly came to a standstill during the February cyberattack when IT systems were shut down to limit the damage.
“We will not pay ransom”
In a calm voice, Sebastian Wolf, CEO of Rosenbauer, describes the state of emergency that lasted nearly four weeks and shook up the fire department’s supplier: It took a week and a half for operations to resume; another two and a half weeks later there was the message “fire out”. Ransom? “We won’t pay for one,” Wolf points out. Only unimportant data was copied by the cyber criminals.
Nevertheless, the Rosenbauer attack dragged on for a long time: the production stoppage hurts. The loss should now be made up in August. To do this, the employees work overtime. This means that some shifts will start at 5am instead of 6am and the lights in the production will go out until two hours later, at midnight.
“We have passed the nadir”
Last year, increased material costs and delivery delays also caused the turnover of 972.2 million euros to decrease by 22.3 million euros. The restructuring program is already bearing fruit. “We have passed the low point,” says Wolf.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
