At Toly, our strategy continues to revolve around the four key pillars of People, Strategy, Execution, and Cash.
Every crisis presents an opportunity, and as a company we have been investing to bounce back.
Let me start off with people
People are our most important asset.
We want to see them grow and play to their strengths, so we will continue to invest in existing talent, as well as bringing in new talent to be able to drive our business to the next level.
When it comes to strategy, if we do not get our strategy right, we will waste years in execution.
We are no longer just an industrial player, but instead a global beauty product development platform,
focusing on value-added products driven by our unique approach and our focus on innovation.
In terms of execution, we need to focus on relentless repeatability, especially in:
Scaling up is about discipline and focus.
In particular, building upon three disciplines:
a. Priorities – do we have the correct priorities
b. Data – do we have the right data and market intelligence
c. Rhythm – Maintaining our rhythm – the drum beat of the organisation
Cash is king.
We retained this focus in 2020 to preserve the fabric of the company, and as a result we retained a solid financial platform.
We have a conservative approach towards finance, always hoping for the best but planning for the worst.
#Makeapositiveimpact the Toly Way
The COVID-19 pandemic has disrupted the global economies and affected many businesses. Our core purpose remains to make a positive impact on everyone who touches Toly. In line with that, we would like to thank all employees, customers, and stakeholders for their ongoing support.
Toly pivots its resources together with other Maltese companies to create mechanical breathing device to support local health authorities during the Covid 19 crisis
The recent COVID-19 pandemic has put a strain on the medical and healthcare facilities as well as global economy. It has also highlighted the need for more investment and thought being put into simple medical devices which are specifically design for rapid manufacturing and deployment.
Toly Group Visit Deputy Prime Minister
June 2019 will see Toly Group opening a new manufacturing factory in Malta, with an investment of €20 million. Toly has been manufacturing make-up packaging in Malta since 1971, being the first to launch operations from the Bulebel Industrial Zone. The company employs over 1000 employees worldwide, of which 350 work from Malta.
Toly Launches Fresh New Website
With a fresh look and feel, the new site offers the user the opportunity to navigate through Toly’s extensive products and service offering with ease. Allowing the visitor the ability to appreciate not only Toly’s history but also providing more insight on CSR and awards which resonates with the brand’s motto: passionate about packaging.
Toly signs exclusive partnership with Hung Hing for beauty
With its heritage in plastic packaging, over the past few years Toly has broadened its product offering to include luxury paper packaging. In 2012, Toly formed Toly Deluxe and partnered with Hung Hing Offset Printing to offer its customers luxury rigid paper over board packaging.
Toly Korea Manufacturing officially opens its brand new factory
Earlier this year, Toly's latest manufacturing plant was officially opened - Toly Korea Manufacturing (TKM), in Bucheon City, Seoul. Toly's history in Korea goes back nearly 15 years and today represents over one third of the Group's revenue.
- Milene Ganado
- Company News
- Created 01 Jun 2021
- Modified 01 Jun 2021
- Hits 433