Tuesday, 20 September 2011

Changes to the Executive Board of SIMONA AG
Kirn, 20/09/2011. Effective from 1 January 2012, Mr. Fredy Hiltmann (56) is to be appointed as a new member of the Executive Board of SIMONA AG. Mr. Hiltmann will oversee the area of Corporate Finance (Chief Financial Officer). Having completed a vocational training programme in the field of business, Mr. Hiltmann studied Economics & Business Administration (HWV). He held senior positions at a number of global corporations, including Siemens AG and Georg Fischer AG. Most recently, Mr. Hiltmann was employed as Chief Financial Officer by the Metalor Group. Mr. Hiltmann is Swiss national.
By mutual consent with the Board, Chief Sales Officer Detlef Becker (51) will step down from his active role as a member of the Executive Board at the end of 30 September 2011. He has been an Executive Board member of SIMONA AG since 1 April 2008. His role in the company will be assumed by Wolfgang Moyses, Chief Executive Officer of SIMONA AG. The Chairman of the Board of SIMONA AG, Hans-Werner Marx, would like to thank Mr. Becker for his committed contribution.

Friday, 26 February 2010 SIMONA restructures its Management Board

Kirn, 26/02/2010. SIMONA AG will be restructuring its Management Board for economic reasons. The company’s Supervisory Board has decided not to extend the contract with Mr. Jochen Feldmann, which is scheduled to end on 31 December 2010. Mr. Feldmann was the Management Board member responsible for Controlling, Accounting, Purchasing, IT/Organisation and Quality Management. The Supervisory Board has expressed its thanks to Mr. Feldmann for his committed and successful contribution to the work of the SIMONA Management Board. The areas previously directed by Mr. Feldmann will be covered with immediate effect by Wolfgang Moyses, CEO of SIMONA AG.

Thursday, 05 November 2009

SIMONA confirms closure of Würdinghausen site
Kirn, 05/11/12009. SIMONA AG has reached a decision to close its Würdinghausen production facility at the earliest possible date due to significant losses incurred by the plant. Prior to making its decision, the company had entered into intensive and substantive negotiations with both the works council and the trade union; these efforts also included the involvement of an independent appraiser. The closure will affect 78 members of staff responsible for producing pressed sheets, profiles and finished parts at the facility, mainly for customers operating within the mechanical engineering and transport systems sector.
The product range manufactured at the company's plant in Würdinghausen will be integrated into other existing SIMONA sites. SIMONA is currently in negotiations with the works council and trade union concerning a reconciliation of interests as well as a redundancy and retraining plan.
This ad hoc announcement supplements the ad hoc announcement issued on 13 August 2009.

Thursday, 13 August 2009

SIMONA considers closure of Würdinghausen production plant
Kirn, 13/08/2009. SIMONA AG is considering closing its Würdinghausen production facility due to significant losses incurred by the plant. The decision will affect 84 members of staff responsible for producing pressed sheets, pro-files and finished parts at the facility, mainly for customers operating within the mechanical engineering and transport systems sector. The product range manufactured at the company's plant in Würdinghausen is to be integrated into other existing SIMONA sites. The plans are to be implemented in a manner that is as socially acceptable as possible. The company's management is cur-rently in negotiations with the works council and the trade union concerning a reconciliation of interests and for the purpose of drawing up a redundancy and retraining plan.

Friday, 31 July 2009

SIMONA in first half: positive earnings despite severe decline in revenue
Kirn, 31/07/2009. The SIMONA Group has proved robust during the current economic crisis. A significant downturn in orders from the core sectors of chemicals and mechanical engineering resulted in a severe decline in revenue. Despite this situation, however, the Group managed to achieve positive earnings, supported by a timely package of streamlining measures as well as the company's solid market position. In the first six months of 2009 the SIMONA Group generated revenue of EUR 106.3 million, corresponding to a decline of 32.3 per cent compared to the very solid first half of 2008, when sales revenue stood at EUR 157.1 million. As Wolfgang Moyses, Chief Executive Officer, today told the Annual General Meeting, pre-tax earnings amounted to EUR 3.5 million (prev. year: EUR 13.5 million).   Further details will be published on 26 August 2009 as part of the interim report for the first half.

Thursday, 31 January 2008

SIMONA sells joint-venture interest in GF Piping Systems
Focus on core segment of chemical and industrial operators within fluoropolymer market
Kirn, 31/01/2008. Effective from January 1, 2008, GF Piping Systems, Schaffhausen (Switzerland), will acquire the 50% interest of SIMONA AG in the joint-venture enterprise Georg Fischer SIMONA Fluorpolymer Products GmbH, Ettenheim. Both parties have agreed not to disclose details relating to the sale.
Established in 2002, the joint venture specialising in high-purity piping systems, including those used in the semiconductor industry, has one of the most modern cleanroom production facilities worldwide. In future, SIMONA's main focus will be on expanding its business within the core sectors of chemicals and industry within the fluoropolymer market.
SIMONA and GF Piping Systems will continue their long-standing collaboration at an operational level.

Wednesday, 30 August 2006