Rosenbauer International AG

EANS-News: Rosenbauer International AG
Rosenbauer sets up joint venture for hydraulic firefighting and rescue platforms
Rosenbauer Rovereto to produce firefighting and rescue platforms in Italy (with photo)

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Joint Ventures/Cooperation/Collaboration

Rosenbauer International AG - listed on the Vienna Stock Exchange - is setting
up a joint venture for the firefighting and rescue platform business in
conjunction with CTE SpA, an Italian manufacturer based in Rovereto. The new
company Rosenbauer Rovereto Srl, in which Rosenbauer has a 70% stake, will
specialize in the development, production, and service of hydraulic platforms.

CTE is a subsidiary of the CTE Group, a leading manufacturer of platforms and
cranes for diverse applications, and sells around 20 to 25 hydraulic platforms
to fire departments each year. With its 30 employees, the company recently
generated revenues of around EUR 10 million in the firefighting and rescue
platform business. 

Through this joint venture, Rosenbauer is tapping into an additional sales
market for technically sophisticated, high-quality hydraulic platforms,
predominantly for the international market. "With the forward integration in the
firefighting and rescue platform business, Rosenbauer is strengthening its
position as a fire equipment provider at an international level", said Dieter
Siegel, CEO of Rosenbauer International AG. 

Like turntable ladders, hydraulic platforms are used worldwide. Platforms have a
different technical structure from turntable ladders, and therefore achieve
bigger payloads and greater working heights. With this cooperation, Rosenbauer
is aiming to become market leader in hydraulic platforms.
Pictures with Announcement:

Further inquiry note:
Rosenbauer International AG
Mag. Gerda Königstorfer
Tel.: 0732/6794-568

end of announcement                               euro adhoc 

Pictures with Announcement:

company:     Rosenbauer International AG
             Paschingerstrasse 90
             A-4060 Leonding
phone:       +43(0)732 6794 568
FAX:         +43(0)732 6794 89
sector:      Machine Manufacturing
ISIN:        AT0000922554
indexes:     WBI, ATX Prime
stockmarkets: free trade: Berlin, Stuttgart, official market: Wien 
language:   English

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