Balda AG

EANS-News: Balda AG
Michael Naschke appointed as new chairman of the supervisory board

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Bad Oeynhausen (euro adhoc) - Balda AG: Michael Naschke appointed as new chairman of the supervisory board

Bad Oeynhausen, 28 June 2010 - Dr. Michael Naschke has  been   appointed  as  the new chairman  of  the  supervisory  board  of   Balda  AG.  The  members  of  the supervisory board of the Frankfurt stock exchange SDax listed company voted  for the attorney as its chairman at the constituent conference  in  Taipeh,  Taiwan. Balda AG is a leading manufacturer of plastic systems and electronic products.

Naschke is partner of a Berlin based law firm and joined the   supervisory  board of the company in June this year.  He takes over the position as  chairman  from Dino Kitzinger, the Munich based restructuring consultant who  successfully guided Balda last year  in its  phase  of  restructuring  and  strategic realignment. Kitzinger will continue to be a member of the supervisory board of the company.

@@start.t2@@Naschke  is  also  a  member  of  the  supervisory  committee of the    Trust Versicherungsmakler AG, Berlin (chairman of the supervisory board)  and  the  NP Lighting GmbH, Warburg (chairman of the advisory board).

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Company Profile Balda AG@@end@@

The Balda Group develops and produces complete  plastic  assemblies, electronic products and products for the medical  industry.  The   customers  of  Balda  are leaders  in    business    from    the     mobile,    entertainment    and    electronic communications as well as pharmaceutical  and  medical  technology  markets. The group has an international position with product sites in  China,  Malaysia  and Germany. A subsidiary in the United States serves North  American   customers  in product design  and  development.  As  part  of  a   shareholding  in  a  leading manufacturer of touch screens in China, Balda participates in the dynamic  touch screen displays market.

* * * Contact: Balda AG, Clas Röhl, Telephone: +49 5734 922 - 2728, Fax: +49 5734 922 - 2604, E-Mail:, Internet:

* * *

This corporate news includes "forward-looking statements" which are based on the current expectations of the management of Balda. They are subject to risks and uncertainty because they relate to events and depend on circumstances that will occur in the future, such as, for example, developments in the mobile communications industry, changes in technology and the ability to timely and successfully develop new products and various other factors. Balda does not undertake any obligation to update publicly or revise forward-looking statements except to the extent legally required. This coprorate news is not an offer of securities for sale or a solicitation of an offer to purchase securities in the United States or elsewhere. The shares in Balda AG (the "Shares") may not be offered or sold in the United States or to or for the account or benefit of U.S. persons (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act") unless registered under the Securities Act or pursuant to an exemption from such registration. The Shares have not been and will not be registered under the Securities Act.

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ots Originaltext: Balda AG
Im Internet recherchierbar:

Further inquiry note:
Clas Röhl
Tel.: +49 (0) 5734 922-2728

Branche: Semiconductors & active components
ISIN:      DE0005215107
WKN:        521510
Index:    CDAX, Prime All Share
Börsen:  Frankfurt / regulated dealing/prime standard
              Berlin / free trade
              Hamburg / free trade
              Stuttgart / free trade
              Düsseldorf / free trade
              München / free trade

Weitere Meldungen: Balda AG

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