DGAP-News: Ekosem-Agrar appoints industry experts to Advisory Board
(firmenpresse) - DGAP-News: Ekosem-Agrar GmbH / Key word(s): Change of Personnel/Bond
Ekosem-Agrar appoints industry experts to Advisory Board
27.02.2012 / 09:32
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Ekosem-Agrar appoints industry experts to Advisory Board
Experienced personalities to support the ongoing expansion of the
agricultural corporation
Walldorf, 27 February 2012 - Ekosem-Agrar GmbH, the German holding company
of Russian milk producer Ekoniva Group, has signed up Dr. Thomas Kirchberg,
member of the Management Board of Südzucker AG Mannheim/Ochsenfurt, Wilhelm
Rupp, member of the Management Board of Volksbank Kraichgau
Wiesloch-Sinsheim eG, Thomas Stürtz, member of the Management Board of
Nordmilch eG as well as Dr. Franz-Georg von Busse, Managing Director of
agricultural machinery manufacturer LEMKEN GmbH&Co. KG as founding
members of its Advisory Board.
Says Stefan Dürr, founder and CEO of Ekosem-Agrar GmbH: 'I am very pleased
that we have been able to win such well-respected personalities for our
Advisory Board. All four members have been long-time companions of our
company and have great agricultural expertise. In addition, Wilhelm Rupp is
an experienced financial expert, who will give us valuable advice as we
make our company fit for the capital market.'
Dr. Thomas Kirchberg is a member of the Management Board of Südzucker AG
Mannheim/Ochsenfurt, the market leader in the European sugar industry, as
well as Co-chairman of the 'Agriculture' working group of Germany's
Committee on Eastern European Economic Relations. He studied agriculture at
Göttingen University and has been active in the European agricultural
sector for over 20 years.
Wilhelm Rupp has been a member of the Management Board of today's Volksbank
Kraichgau Wiesloch-Sinsheim eG since April 1998 and has supported
Walldorf-based Ekosem-Agrar GmbH from the very beginning. Total assets of
EUR 2.85 billion (FY 2011) make the bank one of Germany's top 15 'Volks-
und Raiffeisenbanken'.
Thomas Stürtz has sat on the Management Board of Nordmilch eG since January
2007. Since the 2011 merger with Humana Milch, Nordmilch has been part of
Germany's largest dairy company, DMK Deutsche Milchkontor GmbH. Thomas
Stürtz has studied agriculture and operates his own dairy cow farm in Dorum
near Cuxhaven.
Dr. Franz Georg von Busse has been Managing Director of LEMKEN GmbH&Co.
KG in Alpen/Niederrhein since 1991. He holds a PhD in law and sits on
several industry bodies, e.g. as Chairman of the Board of the German Export
Association for Food and Agri Products (GEFA) as well as Board member and
spokesperson of the German agricultural and food industry on Germany's
Committee on Eastern European Economic Relations.
Ekosem-Agrar GmbH clearly accelerated its growth in the past financial year
2010/2011 (ended Sept. 30). Total output increased by 67% to EUR 80.8
million, while earnings before interest and taxes (EBIT) rose from EUR 2.1
million to EUR 13.8 million. The undersupplied Russian milk market offers
excellent prospects for the company to continue its growth in the coming
years.
Ekosem-Agrar plans to issue a corporate bond in Germany in 2012 to finance
its ongoing expansion.
About Ekosem-Agrar
Ekosem-Agrar GmbH, based in Walldorf, Germany, is the holding company of
Ekoniva Group, one of the biggest Russian agricultural companies. The
company is the third-largest milk producer in Russia, owning 30,000 cattle
and generating an average daily milk yield of 200 tons. The Group has an
overall area of 160,000 hectares at its disposal and ranks among the
leading producers of seeds. As a third area of activity the company
currently develops the premium beef business. Stefan Dürr, founder and
managing director of the company, has been working in the Russian
agriculture business since the end of the 1980s and made a significant
contribution to shaping the sector's modernization during the past two
decades. In 2009, Stefan Dürr was awarded the Order of Merit of the Federal
Republic of Germany for his commitment to the German-Russian dialog on
agriculture. The Group employs approximately 2,800 employees at six sites
across Russia, and has achieved a total output in FY 2010/2011 of EUR 81m.
More information: www.ekosem-agrar.de
Contact
Judith Moering
Ekosem-Agrar GmbH
Johann-Jakob-Astor-Str. 49
69190 Walldorf (Germany)
t: +49 (0) 6227 8890 300
e: judith.moering(at)ekosem.de
Media
Fabian Lorenz
IR.on AG
t: +49 (0) 221 9140 974
e: fabian.lorenz(at)ir-on.com
End of Corporate News
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