DGAP-News: Nabaltec AG: Members of the Board of Nabaltec AG among the finalists in the 'Entrepreneur of the Year 2012' competition
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Nabaltec AG: Members of the Board of Nabaltec AG among the finalists
in the 'Entrepreneur of the Year 2012' competition
25.09.2012 / 10:00
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Members of the Board of Nabaltec AG among the finalists in the
'Entrepreneur of the Year 2012' competition
- Ernst&Young awards the prize to recognize innovativeness and personal
commitment;
- Prize awarded on 21 September at the 'Alte Oper' opera house in
Frankfurt.
Schwandorf, 25 September 2012 - Impressive growth rates, high
innovativeness and social commitment: for the 16th time, the auditing and
consulting firm Ernst&Young chose the best mid-size companies in Germany.
After a strenuous, multi-phase selection process, 75 out of the 300
nominated companies in five categories have advanced to the final round of
the 'Entrepreneur of the Year 2012' competition, and the Members of the
Board of Nabaltec AG, Johannes Heckmann and Gerhard Witzany, have been
among them. 'I am very pleased by this success. Reaching the final round in
this renowned competition demonstrates that Nabaltec has been able to
combine high innovation with economic success and social engagement in
optimal fashion. And, what is especially important, we accomplish this
consistently and on a sustained basis. That's why we are especially pleased
to be nominated once again for the final round', commented Gerhard Witzany.
'The entrepreneurial prize has been highly regarded for many years because
of its high criteria and prestigious jury', said Wolfgang Glauner, the
competition's project manager. The 75 finalists have distinguished
themselves through especially high innovativeness thanks to the hard work
of their highly qualified and highly motivated employees. They have
efficient organizational structures with quick decision-making processes,
allowing them to respond flexibly to changing market conditions.
'It was a strong field and therefore no easy task for the jurors',
explained Wolfgang Glauner: an independent jury of well-known economic
experts was charged with selecting the 'Entrepreneurs of the Year 2012'
from all the finalists. In each of the five categories, industry, commerce,
services, IT/media and start-up, one winner was announced and honored on 21
September at the 'Alte Oper' opera house in Frankfurt before a
distinguished audience. For the first time, a prize was also awarded for
family businesses, recognizing the exemplary achievements of a family
business with a long tradition of sustainability, a focus on value and
assuming social responsibility.
Before the award ceremony, Frank Schätzing, author of the bestsellers 'Der
Schwarm' and 'Das Limit' gave an interesting preview of the future: 'Rumors
of the Future: What the World Probably Won't Become'.
Innovation as the Key to Success
The companies in the final round have demonstrated high growth rates. They
represent all major sectors of the economy and generate an average of EUR
68 million in revenues a year, with an average of 430 employees. They hired
more than 4,000 new employees in 2011. Nabaltec is one of the larger
companies in this field of nominees. Nabaltec AG's revenues were up 14.5
percent in 2011, to EUR 129.0 million, and its operating result (EBIT) was
up 92.3 percent, to EUR 12.5 million. Its employee base increased by 7.5%,
to 400. 'Nabaltec's ability to respond very quickly to market conditions
and customer needs is the key prerequisite for our success in this very
internationalized market. Nabaltec enjoys an outstanding reputation among
its customers, as our recent customer survey demonstrates. Forming strong
customer relationships based on highly innovative products and consistently
reliable top quality has been the foundation for our continued success in
2012 despite an environment which is not getting any easier', said Johannes
Heckmann. In the first six months of 2012, Nabaltec had revenues of EUR
68.3 million and operating result (EBIT) of EUR 6.7 million.
A key factor in the success of this year's finalists is the ability to
quickly respond to changing market conditions with innovative products and
services: these companies have invested above-average in innovation and are
therefore in a position to bring newly developed products to market quickly
and withstand the ongoing consolidation process in many sectors of the
economy. The entrepreneurs attribute their ability to successfully
implement innovations to their highly qualified and committed employees,
which is why training and professional development play a decisive role in
their companies.
About the 'Entrepreneur of the Year' Competition
Ernst&Young organizes the 'Entrepreneur of the Year' competition in 50
countries worldwide. In Germany, the award will be given for the 16th time
in 2012: a neutral jury chooses the winner in five different categories.
The award identifies and honors outstanding entrepreneurial achievement.
The competition is held with support from renowned companies and media
outlets like DZ BANK, Jaguar, Frankfurter Allgemeine Zeitung and Manager
Magazin.
In addition to recognizing successful entrepreneurs today, Ernst&Young
has also set out to promote the next generation of entrepreneurs by
creating the 'Entrepreneur of the Year Junior Academy'.
The Independent Jury
* Prof. Dr. h.c. Lothar Späth, former Ministerpräsident;
* Prof. Dr.-Ing. habil. Prof. e.h. mult. Dr. h.c. mult. Hans-Jörg
Bullinger, President of the
Fraunhofer Society;
* Prof. Dr. Dr. h.c. mult. Wolfgang Franz, President of the Centre for
European Economic Research;
* Prof. Dr. Dr. h.c. mult. August-Wilhelm Scheer, founder of IDS Scheer AG;
* Dr. Patrick Adenauer, Managing Director of Bauwens GmbH&Co. KG.
About Nabaltec AG:
Nabaltec AG, with registered office in Schwandorf, a chemicals business
which has received multiple awards for innovativeness, manufactures,
develops and distributes highly specialized products based on aluminum
hydroxide ('ATH') and aluminum oxide, as well as other raw materials, on an
industrial scale through its 'Functional Fillers' and 'Technical Ceramics'
divisions. The company's product range includes halogen-free flame
retardant fillers and eco-friendly additives for the plastics industry.
Flame retardant fillers are used e.g. in cables in tunnels, airports,
high-rise buildings and electronic devices, while additives replace
stabilizers containing heavy metals in PVC processing. Nabaltec also
produces base materials for use in technical ceramics, the refractory
industry and catalysis. Unlike halogenated flame retardant fillers, the
products manufactured by the company's 'Functional Fillers' division
contain no hazardous substances and do not require separate disposal.
Rather, the company's flame retardant fillers actually decrease the
development of fumes hazardous to human health and the environment in the
event of fire. Nabaltec maintains production sites in Germany and the US
and plans to continue to consolidate its market position by expanding
capacity, further optimizing processes and quality and making strategic
extensions to its product range. On the strength of its specialty products,
the company strives to attain the market leadership in each segment.
Contact:
Marina Fuchs
Nabaltec AG
Phone: +49 9431 53-205
Fax: +49 9431 53-203
E-mail: mfuchs(at)nabaltec.de
Frank Ostermair
Better Orange IR&HV AG
Phone: +49 89 8896906 - 14
Fax: +49 89 8896906 - 66
E-mail: frank.ostermair(at)better-orange.de
End of Corporate News
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25.09.2012 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: Nabaltec AG
Alustraße 50-52
92421 Schwandorf
Germany
Phone: +49 9431 53-0
Fax: +49 9431 53-260
E-mail: info (at)nabaltec.de
Internet: www.nabaltec.de
ISIN: DE000A0KPPR7, DE000A1EWL99
WKN: A0KPPR, A1EWL9
Listed: Freiverkehr in Berlin, Düsseldorf, München, Stuttgart;
Open Market (Entry Standard) in Frankfurt
End of News DGAP News-Service
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