Corporate | 28 November 2008 07:30
H.P.I. Holding AG / Miscellaneous
Release of a Corporate News, transmitted by DGAP - a company of EquityStory
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Zimmer + Kreim subsidiary with large order from Hungary
+++ Turbine blade manufacturer orders complete system with numerous
machines
+++ Volume of EUR 1.3 million
Munich, 28. November 2008: H.P.I. Holding AG (WKN: 600190; ISIN:
DE0006001902) was able to take another large-scale international order via
its wholly-owned subsidiary Zimmer + Kreim GmbH & Co. KG, a company that
develops and manufactures eroding machines, handling systems and software
solutions.
After numerous large orders from Asia in the current financial year, Zimmer
+ Kreim received an order from Eastern Europe. A turbine blade manufacturer
based in Hungary ordered an individually tailored automation system with 6
machines amounting to EUR 1.3 million. The long standing customer is once
again placing its trust in the high quality systems of Zimmer + Kreim, who
is the technological world leader in the segment systems providers, i.e.
networking eroding machines and handling systems with software. The
complete system will be delivered and installed before the end of the
current financial year 2008.
'With our specific system solutions and superior equipment, we were once
again able to convince the Hungarian machine manufacturers of Zimmer +
Kreim's leading machine quality and the resulting competitive advantages,'
explains Jörg Rafael, CEO of H.P.I. Holding AG.
'This order highlights our positive outlook for the current financial year
2008. In addition, Zimmer + Kreim's order volumes extend into the next
financial year 2009. Our books are amply filled through to April 2009.
Automation systems are especially in demand when the economy weakens to
make production processes more efficient. However, we are still prepared
for any possible losses in sales as a result of the financial market
crisis. Overall we are optimistic about what the new financial year 2009
has to offer,' adds Jörg Rafael, CEO of H.P.I Holding AG.
The Management Board
About H.P.I. Holding AG:
H.P.I. Holding AG focuses on acquiring majority stakes in specialised SME
manufacturing companies. The holding invests in SME niche operators, which
have established a leading position in their respective market segment. The
value of these companies is to be increased by strategically developing
them in a long-term commitment and by introducing know-how in the fields of
controlling, cost management, investment, finance and expansion. Currently
H.P.I. Holding AG holds two major stakes. These include August Berger
Metallwarengabrik GmbH – a European market leader in the field of clamping
rings which are mainly used to seal barrels – and Zimmer & Kreim GmbH & Co.
KG – a developer and manufacturer of eroding machines, handling systems and
software solution for the tooling and injection-moulding industries. Zimmer
& Kreim is the technological world leader in the segment systems providers,
i.e. networking eroding machines and handling systems with software. H.P.I.
Holding AG is listed on the Open Market of the Frankfurt Stock Exchange.
Company contact:
H.P.I Holding AG
Mannhardtstrasse 6
D-80538 München
Phone: +49 (0)89 - 45 220 980
Fax: +49 (0)89 - 45 220 9822
info@hpi-holding.de
www.hpi-holding.de
Investor relations contact:
GFEI Gesellschaft für Effekteninformationen mbH
Carl Bosch Haus
Hamburger Allee 26-28
60486 Frankfurt am Main
Phone: +49 (0)69 - 74 303 700
Fax: +49 (0)69 - 74 303 722
ir-hpi@gfei.de
www.gfei.de
28.11.2008 Financial News transmitted by DGAP
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Language: English
Issuer: H.P.I. Holding AG
Mannhardtstr. 6
80538 München
Deutschland
Phone: 089 / 45 22 098 - 0
Fax: 089 / 45 22 098 - 22
E-mail: info@hpi-holding.de
Internet: www.hpiholding.de
ISIN: DE0006001902
WKN: 600190
Listed: Open Market in Frankfurt
End of News DGAP News-Service
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