Tous Actualités
Suivre
Abonner BAUER Aktiengesellschaft

BAUER Aktiengesellschaft

EANS-News: BAUER Aktiengesellschaft
Bauer holds ceremony to mark completion of redevelopment work

Schrobenhausen, March 30, 2009 - (euro adhoc) -

. Completion of an investment project totalling over EUR 65 million 
at Group headquarters
 . Ceremony marking reopening of head office 
administration building and plant complex
 . Bavarian State Governor 
Horst Seehofer in attendance as Guest of Honour
  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
companies
Construction and
equipment manufacturing concern BAUER AG held a ceremony last Friday 
to mark the completion of a package of major redevelopment works 
forming part of the most extensive investment programme in the 
company's history. In recent years the company has invested over EUR 
65 million in extension, renovation and new building work at its 
Schrobenhausen base in Upper Bavaria. The ceremony, attended by 
Bavaria's State Governor Horst Seehofer as the Guest of Honour, 
celebrated two construction projects in particular: the new head 
office administration building in Schrobenhausen and the new steel 
processing facility for the machinery manufacturing operations in 
neighbouring Edelshausen. With around 1,600 employees at site, Bauer 
is one of the largest industrial companies in the Ingolstadt area.
The new head office The strong growth of the business since the 
mid-1990s had forced Bauer to rent additional premises around the 
existing head office facility. Indeed, some staff offices were housed
in temporary containers. A new administration building costing EUR 12
million has been constructed and the existing complex dating from 
1974 renovated at a cost of EUR 5.5 million.
"We wanted a building that offers our employees good working 
conditions while at the same time embodying our solid, no-nonsense 
philosophy as a construction and engineering company," states 
Chairman of the Management Board Professor Thomas Bauer, outlining 
the intention behind the project. From a number of designs submitted,
the proposal by Munich architects Weickenmeier, Kunz + Partner was 
ultimately selected. A key factor in this choice was, not least, the 
fact that it made use of the entire site area. The proposal to 
incorporate a circular concrete space for the company's regular 
in-house machinery exhibitions was acknowledged as an appealing 
detail.
Edelshausen structural steel engineering works BAUER Maschinen GmbH 
has established a new metalworking plant for its machinery 
manufacturing operations. There was an urgent need for new capacity 
arising from the rapid growth of the machinery business in recent 
years, even though extensive new facilities have been added at the 
Aresing plant which opened in 2002. On a 100,000 square metre site in
Edelshausen, a 20,000 square metre welding and cutting facility has 
been established, along with repair workshops and an anchor 
production unit. A 10,000 square metre roofed storage facility for 
incoming material has also been constructed. The planning for the 
Edelshausen facility was carried out by Regensburg-based consulting 
engineers Omlor-Mehringer.
The opening ceremony was attended by around 350 guests, who had ample
opportunity to admire the impressive new office and plant facilities.
About Bauer Bauer is a provider of services, machinery and ancillary 
products in the earth- working and groundwater fields. The Group 
markets its products and services all over the world. Its global 
spread allows it to remain largely unaffected by fluctuating business
cycles.
The operations of the Group are divided into three segments: 
Construction, Equipment and Resources. The Construction segment 
carries out specialist foundation engineering work all over the 
world, developing foundation and excavation projects as well as 
providing related construction services. In its Equipment segment, in
which it is the world market leader, Bauer offers an extensive range 
of machinery, equipment and tools for specialist foundation 
engineering. The Resources segment encompasses the Group's operations
in the exploitation of raw materials, in environmental technology, in
geothermal drilling operations and also in equipment for wells 
(including pumps and drills, screens and casings).
Bauer profits greatly from the collaboration between its three 
separate segments, enabling the Group to position itself as an 
innovative, highly specialized provider of complete solutions and 
services for demanding projects on the specialist foundation 
engineering and related markets.
Founded in 1790, Bauer today generates more than two thirds of its 
total revenues outside of Germany. Employing nearly 7,000 people, the
Group's total revenues in 2007 were EUR 1.2 billion (previous year: 
EUR 980 million). BAUER Aktiengesellschaft has been listed on the 
official market of the Frankfurt Stock Exchange since July 4, 2006 
(Prime Standard, ISIN DE0005168108).
end of announcement                               euro adhoc

Further inquiry note:

Bettina Mestenhauser
Head of Corporate Communication & Investor Relations
BAUER Aktiengesellschaft
Wittelsbacherstrasse 5
86529 Schrobenhausen, Germany
Tel: +49 8252 97 1918
Fax: +49 8252 97 2900
Mobile: +49 171 755 9210
E-mail: investor.relations@bauer.de
Internet: http://www.bauer.de

Branche: Construction & Property
ISIN: DE0005168108
WKN: 516810
Index: MDAX, CDAX, Classic All Share, Prime All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade

Plus de actualités: BAUER Aktiengesellschaft
Plus de actualités: BAUER Aktiengesellschaft
  • 17.02.2009 – 14:01

    Bauer and Brasfond establish joint venture to market deep-level drilling rig in Brazil

    • Production and distribution partnership agreed for deep-level drilling rig TBA 200 • Bauer opening up Brazilian market ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for the content of this announcement. cooperations/heavy construction Schrobenhausen (euro adhoc) - Schrobenhausen / Rio de Janeiro, February 17, 2009 - Construction ...

  • 09.02.2009 – 08:28

    Statement of BAUER AG to media releases over the weekend

    ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for the content of this announcement. companies Schrobenhausen, 9 February 2009 - (euro adhoc) - Over the past weekend and in the media CEO of the global construction and equipment manufacturing group BAUER AG, Prof. Thomas Bauer, has repeatedly been referred to as potential successor of the German Minister for Economic Affairs Michael ...