Corporate | 16 September 2009 10:00
Roth & Rau AG / Miscellaneous
16.09.2009
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Roth & Rau strengthens international distribution
- Indian subsidiary commences operations
- Rainer Erdmann appointed new Sales Director for Europe and Asia
Hohenstein-Ernstthal, 16 September 2009 - Roth & Rau India Pvt. Ltd.,
Mumbai, a wholly-owned subsidiary of Roth & Rau AG, commenced operations on
1 August 2009. The new company's primary sales function will be backed up
by a comprehensive service and maintenance offering. 'The global
photovoltaics industry continues to experience strong growth and India is
certain to be among the leading producers of solar modules in the coming
five years. The foundation of Roth & Rau India Pvt. Ltd. has enhanced our
local presence and strengthened our position in this highly promising
growth market,' explained Dr. Dietmar Roth, CEO of Roth & Rau AG.
Being an internationally leading supplier of technologies and production
equipment to the photovoltaics industry, Roth & Rau AG remains strongly
committed to cultivating customer satisfaction through close cooperation
with customers. This approach, which has proven effective over the years,
will now also be pursued in India where customers will benefit from the
company's expanding local presence and account management. Moreover,
additional service teams are planned to be installed in Hyderabad, Delhi
und Pune in the coming months.
The sales organisation has been enhanced also on the corporate level.
Effective 1 September 2009, Rainer Erdmann was appointed Sales Director for
Europe and Asia. He has succeeded Thomas Hengst who was appointed
Management Board member in charge of sales in July of this year. Rainer
Erdmann previously served as managing director of the German subsidiary of
US company Despatch Industries, a world-leading supplier of thermal process
equipment to the photovoltaics industry. At Despatch Industries he
successfully built a sales network in Europe and the Middle East. Rainer
Erdmann has extensive experience in thermal processes and turnkey
production lines for solar cell production.
About Roth & Rau AG:
Roth & Rau AG based in Hohenstein-Ernstthal (ISIN DE000A0JCZ51) is one of
the world's leading suppliers of technologies and production equipment for
the photovoltaics industry. Roth & Rau's photovoltaic division (PV) focuses
on providing antireflective coating facilities as well as fully automated
manufacturing lines (turnkey production lines) for the production of
crystalline silicon solar cells. Another focus is on the production of
coating facilities and turnkey production lines for the production of thin
film solar modules. The plasma and ion beam technology division (PIB)
produces plasma sources and ion beam sources as well as process systems for
plasma and ion beam enhanced thin film and surface processing methods.
Customers served by this division include, in particular, companies in the
semiconductor industry, R&D departments in various industries including
photovoltaics as well as research institutes and universities. The third
division, 'Other activities', comprises maintenance and service, software
products as well as other products and services. Roth & Rau AG posted EBIT
of EUR 28.5 million and sales of EUR 272.1 million pursuant to IFRS for the
2008 financial year and employed 606 people as of 31 December 2008. In the
first half of 2009, the Group generated earnings before interest and taxes
of EUR 12.0 million on sales of EUR 117.0 million. The headcount increased
to 729 as at 30 June 2009.
Contact:
Roth & Rau AG
Dr. Silvia Roth
Tel.: +49 (0) 3723/6685-333
E-Mail: investor@roth-rau.de
Haubrok Investor Relations GmbH
Simone Gorny
Tel.: +49 (0) 211/30126-130
E-Mail: s.gorny@haubrok.de
16.09.2009 Financial News transmitted by DGAP
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Language: English
Company: Roth & Rau AG
An der Baumschule 6-8
09337 Hohenstein-Ernstthal
Deutschland
Phone: 03723 6685-0
Fax: 03723 6685-100
E-mail: info@roth-rau.de
Internet: www.roth-rau.de
ISIN: DE000A0JCZ51
WKN: A0JCZ5
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Stuttgart
End of News DGAP News-Service
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