DGAP-News: ARQUES Industries AG: New management at ARQUES subsidiary, Gigaset


ARQUES Industries AG / Miscellaneous

15.02.2010 11:32 

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Munich, February 15, 2010 - Gigaset Communications GmbH, a subsidiary in
which ARQUES Industries AG holds an 80% interest, has a new management team
as of today.

Hans-Burghardt Ziermann (56), a member of the VARTA Microbatteries
executive board since 2007, takes over the management of the distribution
department. The computer sciences graduate has comprehensive experience
within this area which he gained in managerial positions at VIAG Intercom,
France Telekom and Motorola among others.

Hans Gisbert Ulmke, chairman of the ARQUES Industries AG executive board:
'We are delighted that we could recruit Mr. Ziermann for the tasks at
Gigaset. He is a renowned manager with broad international experience who
has worked in large corporations, in the development of VIAG Intercom,
among others. With his contribution Gigaset will develop even more
successfully'.

His predecessor at Gigaset, José Costa e Silva, will be leaving the
company.

As new managing director, Wolfgang Scheid (58) will be responsible for
restructuring, project management, IT and human resources. The mathematics
graduate was Vice President Operation at ARQUES Industries AG to date.
Previously he worked as management consultant as well as in managerial
positions at, among others, Lekkerland GmbH & Co. KG, Klöckner & Co. AG as
well as Thyssen Handelsunion AG.

The commercial management position at Gigaset will be filled at a later
date.

Michael Hütten, member of the ARQUES Industries AG executive board, will be
leaving the Gigaset management as planned and will join the Supervisory
Board.

The Board of Management of Gigaset Communications now consists of Mr.
Wolfgang Scheid, Mr. Martin Streb und Mr. Hans-Burghardt Ziermann.

Mr. Hütten explains: 'Within the context of the successful restructuring,
ARQUES created a basis from which Gigaset will in future be able to obtain
sustainable, profitable growth by virtue of its own strength. I thank the
Gigaset employees for their support and commitment'.

About Gigaset:

Gigaset Communications GmbH is one of the world's largest manufacturers of
cordless phones and the clear market leader in Europe for DECT phones. With
its headquarters in Munich, the company develops, manufactures and
distributes high-quality products under the brand Siemens Gigaset. Its
portfolio includes fixed-network phones, Voice over IP devices and software
solutions. The primary production site is in Bocholt, Germany, where the
Gigaset products are manufactured under the most stringent quality and
environmental standards. Gigaset Communications employs 1800 employees and
is represented in approximately 70 countries world-wide. ARQUES Industries
AG holds 80.2 per cent and Siemens AG 19.8 per cent of the shares in the
company.

About ARQUES

ARQUES Industries AG, Munich, (www.arques.de), is a business partner of
conglomerates regarding company spin-offs and a turnaround specialist who
focuses on the acquisition and the active restructuring of companies in
transitional situations, in order to develop these, with its own team and
own resources, to competitive enterprises with a positive yield. ARQUES
revitalises its subsidiaries' potential for creating value for the benefit
of all its stakeholders, taking on the relevant social responsibility. The
shares of ARQUES Industries AG are traded in the regulated market (Prime
Standard) of the Frankfurt Stock Exchange under the symbol 'AQU' (ISIN:
DE0005156004).




Contact: 
ARQUES Industries AG
Investor Relations 
Hubert Wiedemann
Email: wiedemann@arques.de
Tel: 089/ 25 55 00 - 330








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Language:     English
Company:      ARQUES Industries AG
              Arnulf Office Park - Arnulfstraße 37-39
              80636 München
              Deutschland
Phone:        +49 89/255500-0
Fax:          +49 89/255500-200
E-mail:       schneider@arques.de
Internet:     www.arques.de
ISIN:         DE0005156004
WKN:          515600
Indices:      SDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, München, Hamburg, Stuttgart
 
End of News                                     DGAP News-Service
 
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