DGAP-News: Salzgitter AG: Salzgitter AG 2015 reorganization program - Fundamental change to Group organization decided
(firmenpresse) - DGAP-News: Salzgitter AG / Key word(s): Miscellaneous
Salzgitter AG: Salzgitter AG 2015 reorganization program - Fundamental
change to Group organization decided
26.09.2013 / 14:51
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Rainer Thieme, Chairman of the Supervisory Board of Salzgitter AG,
announced that the Supervisory Board had approved a fundamental change to
the Group organization in its meeting on September 26, 2013. The Group
organization is geared to the principles of strong customer and market
orientation, a clear and lean management structure, along with high process
efficiency. The new Group structure will take effect on January 1, 2014.
The Group companies will be organized into five divisions: Flat Steel,
Plate/Section Steel, Energy, Trading and Technology. The service companies,
which primarily operate within the Group, will either be allocated to the
business segments of their largest Group customers or managed centrally in
one of the areas of Executive Board responsibility.
The Executive Board of Salzgitter AG will comprise three members in the
future: the Chief Executive Officer, the Chief Financial Officer and the
Industrial Relations Director. The active management of the divisions will
be carried out by the 'Group Management Board', a new executive body.
The Executive Board members Wolfgang Eging and Heinz Groschke will stay on
as members of the Executive Board, performing their duties as heads of the
Energy and Trading divisions respectively as from January 1, 2014, until
they take their retirement in 2014.
With these Supervisory Board decisions on the new Group structure and the
signing of the Pact for the Future, all the necessary prerequisites have
been set in place for the swift implementation of the groupwide 'Salzgitter
AG 2015' reorganization project. The program is geared toward stabilizing
the competitiveness of the Salzgitter Group in a difficult market
environment that is determined by a structural crisis in the European steel
industry. It therefore serves to secure the company's independence while
safeguarding as many jobs as possible.
Contact: Bernhard Kleinermann Group Spokesman Salzgitter AG Corporate
Communication Tel.: + 49 5341 21 2300 Fax: + 49 5341 21 2302
Markus Heidler Deputy Head of Investor Relations Salzgitter AG
Eisenhüttenstraße 99 38239 Salzgitter Phone +49 5341 21 6105 Fax +49 5341
21 2570 E-Mail ir(at)salzgitter-ag.de
End of Corporate News
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26.09.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
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Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Salzgitter AG
Eisenhüttenstraße 99
38239 Salzgitter
Germany
Phone: +49 5341 21-01
Fax: +49 5341 21-2727
E-mail: info(at)salzgitter-ag.de
Internet: www.salzgitter-ag.de
ISIN: DE0006202005
WKN: 620200
Listed: Regulierter Markt in Frankfurt (Prime Standard), Hannover;
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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232141 26.09.2013
Themen in dieser Pressemitteilung:
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fundamental-change-to-group-organization-decided
Unternehmensinformation / Kurzprofil:
Datum: 26.09.2013 - 14:51 Uhr
Sprache: Deutsch
News-ID 300576
Anzahl Zeichen: 4897
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Kategorie:
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