Press Release Company
29.06.2011|DMG and Mori Seiki set up foundation for victims of the earth quake

Scholarship fund supports Japanese students​​​​​​​

Bielefeld/Nagoya. Supporting Japanese students from the earthquake-affected region is the aim of the newly set up “DMG/MORI SEIKI Scholarship Fund“. The two cooperation partners have signed a corresponding agreement with the Institute of National Colleges of Technology (INCT) in Nagoya. The total amount of the fund is € 2.6 million (JPY 300 million). Over the next ten years, financial assistance will be offered specifically to students at the INCT who are studying machine building/engineering and who have been directly affected by the earthquake that shook the east of Japan in March. The fund will take account of both current and future students who come from the areas that have suffered destruction around Tohoku and the northern Kanto regions. Some 50 students will be given financial assistance every year. The students will not be required to reimburse money received from the fund. By providing scholarships, both companies want to provide those affected with specific assistance and at the same time support machine and plant construction in Japan.


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.

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