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Multinational sci-tech giant trumpets its readiness for geopolitical ‘headwinds’
CGTN Europe
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22/01/2025
‘We have been preparing for this very highly dynamic environment that we are going through, mainly on the geopolitical side,’ Dr Belen Garijo, Chair and CEO of science and technology company Merck told CGTN in Davos.
#wef25 #worldeconomicforum
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00:00
We have been preparing for this very highly dynamic environment that we are going through,
00:06
mainly on the geopolitical side. We have been preparing for
00:10
many different scenarios for the last three years. Plus, we have been investing on boosting
00:17
our own resilience. First, by diversifying our supply chain and investing a significant amount
00:27
of capital in getting our operations closer to the customers to be able to serve the local markets
00:38
in the right way. We are very well positioned for compelling structural growth, profitable growth,
00:48
because we, first of all, play in very highly attractive end markets. It's true that post
00:55
pandemic, we have seen a number of headwinds facing those markets, but being a globally
01:01
diversified company, both at our business level, what I call the multi-industry business model,
01:08
and being geographically very, very well placed, I believe are the two major strengths that are
01:18
going to allow us to deliver long-term profitable and sustainable growth.
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