CENTROTEC Sustainable AG / Strategic Company Decision
07.06.2010 08:25
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- Corporate News -
CENTROTEC Group international:
Brink sales subsidiary targeting the future growth market for ventilation
systems in Ireland
Brilon, June 7, 2010 - The ventilation technology manufacturer Brink
Climate Systems, a fully owned subsidiary of the listed company CENTROTEC
Sustainable AG, is represented in the Republic of Ireland through its own
sales subsidiary since May 2010. The Irish government has made a commitment
to increase energy efficiency by issuing a national plan of action and is
tightening the energy requirements for new buildings that will involve the
complete sealing of the building shell and corresponding ventilation
solutions. This gives Brink, one of Europe's market leaders for ventilation
systems with heat recovery, every reason to move into this highly promising
growth market.
European countries' particularly ambitious climate protection targets and
rising energy prices worldwide continue to stimulate fresh growth in the
market for energy-saving solutions for buildings. Even in the smaller
economic regions of the European Union, the drive to harmonise legislation
means that the various national energy-saving regulations for buildings are
gradually becoming tougher. Ireland's governing coalition and the newly
created Department of Energy are now planning to enshrine in law the
complete sealing and thermal insulation of building shells. Inside
buildings, mechanical ventilation with heat recovery will then provide a
supply of fresh air without energy losses.
Corresponding binding rules are expected to be introduced over the next two
years on the construction of new homes and commercial properties. The
CENTROTEC group company Brink Climate Systems is a technological pioneer of
building ventilation systems that achieve heat recovery rates in excess of
95 %. Its solutions, developed in close partnership with universities,
environmental institutes, firms of architects and building authorities,
guarantee a supply of fresh air inside buildings even with the windows
closed, and prevent precious heating energy from being lost.
The CEO of CENTROTEC Sustainable AG, Dr Gert-Jan Huisman, commented: 'High
insulation calls for intelligent ventilation. By establishing our own
subsidiary in Ireland, we have now created yet another bridgehead for our
energy-saving solutions.'
CENTROTEC has not previously served the Irish market with its own brands or
sales organisations. Brink has now set up the new company, Brink Climate
Systems Ireland Ltd., based in Naas, near Dublin, in collaboration with
leading Irish ventilation experts. From there, it will serve customers via
a nationwide network of specially qualified installation engineers. It will
also offer training and installation support for developers who
independently want to be able to offer all-in ventilation solutions with
heat recovery. An extensive online information service is the starting
point for those wanting to find out about Brink Climate Systems'
comprehensive product range of energy-efficient solutions for an optimum
interior climate. CENTROTEC expects that the new sales subsidiary will
already achieve revenue in the single-digit millions from 2011.
CENTROTEC Sustainable AG
CENTROTEC Sustainable AG and its subsidiaries enjoy a presence in over 50
different countries. The principal group companies are Wolf Heiztechnik,
Brink Climate Systems and Ned Air in the Climate Systems segment, which
have specialised in heating, climate control and ventilation technology
e.g. in the form of solar thermal systems, CHP units and residential
ventilation systems with heat recovery, as well as Ubbink and Centrotherm,
which have focused on gas flue systems and solar system components in the
Gas Flue Systems segment. CENTROTEC is consequently Europe's only listed
full-service provider of solar thermal systems and energy-saving solutions
for buildings.
CENTROTEC Sustainable AG, Am Patbergschen Dorn 9, D-59929 Brilon, Germany
ISIN: DE0005407506, WKN: 540750, home stock exchange: Frankfurt am Main
Indices: SDAX, Prime All Share, Prime Industrial
For further information, contact:
CENTROTEC Sustainable AG, Dr Frank Rose, Tel: +49 (0)2961 96631-104 or
MetaCom Corporate Communications GmbH, Georg Biekehör, Tel: +49 (0)6181
98280-30
07.06.2010 08:25 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|]
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Language: English
Company: CENTROTEC Sustainable AG
Am Patbergschen Dorn 9
59929 Brilon
Deutschland
Phone: +49 (0)2961 96631-0
Fax: +49 (0)2961 96631-100
E-mail: ir@centrotec.de
Internet: www.centrotec.de
ISIN: DE0005407506
WKN: 540750
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Stuttgart, Hamburg
End of News DGAP News-Service
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DGAP-News: Brink sales subsidiary targeting the future growth market for ventilation
| Source: EQS Group AG