Managing Director
Ukraine
The ACO Group is a world market leader in drainage technology. With its integrated approach ACO stands for professioanl drainage, efficient cleaning and the controlled discharge or reuse of water.Products include drainage channels and drains, oil and grease separators, backflow stop systems, pumps and pressure-water-tight cellar and light shafts.ACO has a presence in over 40 countries, with a total of 30 production sites on four continents. · Transformed the company from being unprofitable and "dying" to achieving a positive financial result by the end of 2016 · Led the development and implementation of strategies to save and revitalize the company, including significant cost reductions and personnel optimization · Negotiated debt restructuring with supplier plants and cleared all debts by the end of 2016 · Conducted comprehensive market analysis and developed new marketing plans to promote innovative products and increase brand recognition · Performed product management, dealer relations, market and consumer communication and financial management to enhance operational efficiency and profitabilityKey Achievements: · Reduced operational costs by 60% · Reduced the workforce while maintaining operational efficiency, and renewing the staff by 50% over two years · Identified product groups for quick cash flow generation · Implemented successful marketing strategies to attract end customers and increase brand recognition · Established transparent dealer incentive systems and eradicated corrupt practices · Optimized financial reporting systems and upgraded software for better financial and business process management