Werfen owners are from a region of Spain called Catalonia, known for their soccer team, nice weather, unstable politics, and being cheap.
During the pandemic the owners of Werfen send periodic letters across the company gritting everyone of the efforts, always speaking of Werfen as a big family, the sense of belonging…
The business has done amazingly well during the years of COVID because their primary business lines, Hemostasis and Acute Care, have significantly benefited from the effects of COVID, hitting double-digit growth in most major areas (revenue and gross profit). During these years, employees have been asked to work hard, and all they have received has been a “thank you note” as part of these President communications.
However, the company does not share any profit and, in times of high inflation like the current in the US (7% in 2021 and 5% expected for 2022), tells
