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28.03.2011|Dr Norbert Menke shall drive GILDEMEISTER Energy Solutions forwards

New Managing Director for future market of energy technology​​​​​​​

Bielefeld/Würzburg. Dr Norbert Menke takes over responsibility for the “Energy Solutions“ division at the GILDEMEISTER group as of 1 April. GILDEMEISTER Energy Solutions offers innovative solutions in the areas of wind energy components, solar technology and energy storage.

GILDEMEISTER serves the growing market of solar technology with the “SunCarrier“tracking system of a+f GmbH, Würzburg. The market, considered as promising, for energy storage is catered to by Cellstrom GmbH, Vienna , with the long-lasting, low maintenance “cellcube“ big battery. Its areas of application are diverse: For example, the “cellcube“ can be used as an emergency power system or as a solar fuelling station with fast charging of electric vehicles. Components in the “Components“ area are manufactured, in particular, for wind power. With “Energy Solutions“ GILDEMEISTER has built up a young business area with future potential. Sales revenues doubled in financial year 2010 to € 239.5 million.

Dr Norbert Menke is regarded as an energy expert. As a graduate engineer, for the last 13 years the 48-year-old has been actively shaping the changes in the energy industry in various management roles, most recently as the chief executive officer of Stadtwerke Würzburg AG. As the chairman of the management board of a+f GmbH, Dr Menke will drive the expansion of GILDEMEISTER Energy Solutions. His expertise is also in demand in the training of up-and-coming engineers:  he lectures in energy economics at the Chemnitz University of Technology.

GILDEMEISTER Aktiengesellschaft
The Executive Board

Disclaimer, Forward-looking statement

Disclaimer, Forward-looking statement

Statements relating to the future:

This press release contains forward-looking statements, which are based on current estimates of the management of future developments. Such statements are based on the management's current expectations and specific assumptions. They are subject to risks, uncertainties and other factors, which could lead to the actual future circumstances, including the assets, liabilities, financial position and profit or loss of GILDEMEISTER, differing materially from or being more negative than those expressly or implicitly assumed or described in these statements. The business activities of GILDEMEISTER are subject to a series of risks and uncertainties, which may result in forward-looking statements, estimates or forecasts becoming inaccurate. Should one of these factors of uncertainty or other unforeseeable event occur, or should the assumptions on which these statements are based prove incorrect, the actual results may differ materially from the results stated, expected, anticipated, intended, planned, aimed at, estimated or projected in these statements. Forward-looking statements must not be understood as a guarantee or assurance of the future developments or events contained therein.