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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Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
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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:
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http://resources.euroadhoc.com/us/zrCDgpvI
Further inquiry note:
Rosenbauer International AG
Mag. Gerda Königstorfer
Tel.: 0732/6794-568
gerda.koenigstorfer@rosenbauer.com
end of announcement euro adhoc
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Pictures with Announcement:
----------------------------------------------
http://resources.euroadhoc.com/us/zrCDgpvI
company: Rosenbauer International AG
Paschingerstrasse 90
A-4060 Leonding
phone: +43(0)732 6794 568
FAX: +43(0)732 6794 89
mail: ir@rosenbauer.com
WWW: www.rosenbauer.com
sector: Machine Manufacturing
ISIN: AT0000922554
indexes: WBI, ATX Prime
stockmarkets: free trade: Berlin, Stuttgart, official market: Wien
language: English
Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------
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:
----------------------------------------------
http://resources.euroadhoc.com/us/zrCDgpvI
Further inquiry note:
Rosenbauer International AG
Mag. Gerda Königstorfer
Tel.: 0732/6794-568
gerda.koenigstorfer@rosenbauer.com
end of announcement euro adhoc
--------------------------------------------------------------------------------
Pictures with Announcement:
----------------------------------------------
http://resources.euroadhoc.com/us/zrCDgpvI
company: Rosenbauer International AG
Paschingerstrasse 90
A-4060 Leonding
phone: +43(0)732 6794 568
FAX: +43(0)732 6794 89
mail: ir@rosenbauer.com
WWW: www.rosenbauer.com
sector: Machine Manufacturing
ISIN: AT0000922554
indexes: WBI, ATX Prime
stockmarkets: free trade: Berlin, Stuttgart, official market: Wien
language: English
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