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ATB Austria Antriebstechnik AG

EANS-News: ATB Austria Antriebstechnik AG
Andreas Schindler new CEO of ATB

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  Corporate news transmitted by euro adhoc. The issuer/originator is solely
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Board of Directors (Appointments and Changes)


Wien (euro adhoc) - 5554345-356870

PRESS RELEASE

Andreas Schindler new CEO of ATB Austria Antriebstechnik 

Vienna, July 4, 2012: Andreas Schindler has been appointed CEO of the ATB
Austria Antriebstechnik with effect from July 1, 2012. He succeeds Christian
Schmidt, who resigned from the Motors Group as of June 30, 2012. 

Andreas Schindler, member of the Management Team of the ATB since 2007, played a
key role in the restructuring process of the Austrian Motors Group. Today, the
ATB presents itself as an international motors group with an extensive product
portfolio with customised solutions for customers, industry segments or specific
appliances. "The ATB is very well positioned for a positive sustainable
development. My mission is to leverage the numerous existing opportunities and
potentials within our Group but also in and beyond our core markets and to
benefit from the global trend towards energy efficient drives for further
growth," Schindler outlines the next steps of the Motors Group, which will
become even more international in the future. 

After his studies at the Wirtschaftsuniversität of Vienna Ing. Mag. Andreas
Schindler, 41, among others worked for Procter & Gamble, Frantschach and Mondi
and since 2007 is member of the Management Team of the ATB Group. As Managing
Director he was responsible for companies of the Motors Group in Austria,
Germany and Serbia.


Further inquiry note:
Dr. Wolfgang Pflüger
ATB Austria Antriebstechnik Aktiengesellschaft
Donau-City-Straße 6, Top 15A
A-1220 Wien
Phone: +43 1 90250-250
Cell:+43 676 83 757 408
Email:  pflueger@atb-motors.com
www.atb-motors.com

end of announcement                               euro adhoc 
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company:     ATB Austria Antriebstechnik AG
             Donau City Strasse  6, Top 15a, 
             A-1220 Wien
WWW:      www.atb-motors.com
sector:      Technology
ISIN:        AT0000617832
indexes:     Standard Market Auction
stockmarkets: official market: Wien 
language:   English

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