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Related Topics Ferrostaal underlines its separation from the MAN GroupDecember 10, 2009 http://www.weeklyblitz.net/349/ferrostaal-underlines-its-separation-from-the-man
Following the requisite entry into the commercial register and in line with last week's announcement, the name of "MAN Ferrostaal" has been changed with immediate effect to "Ferrostaal". In keeping with the change of name, the company no longer incorporates the letters MAN in its logo. The logo henceforth only contains the new company name. The reasons for changing the name and logo are the acquisition of a majority stake by the International Petroleum Investment Company (IPIC) of Abu Dhabi and Ferrostaal subsequently leaving the MAN Group. To ensure prominent presentation of the new corporate design in the public domain, Ferrostaal last week announced that it would co-operate with Manchester City football club from the English Premier League by assuming the role of a sponsor. Ferrostaal AG, Essen, is a global provider of industrial services in plant construction and engineering. As a general contractor in plant construction, the company offers project development, project management and financial planning for turnkey installations, including petrochemical plants, gas and solar power stations, oil and gas installations, biofuels and industrial plants. Ferrostaal operates as an independent sales and service partner for machine and systems manufacturers in the automotive, printing and packaging machinery, piping and marine construction sectors, and employs around 4,400 people in 60 different countries. In 2008, its annual turnover amounted to 1.6 billion euros. 70% of the shares in Ferrostaal AG are held by the International Petroleum Investment Company from Abu Dhabi (IPIC), while 30% are owned by MAN AG (Munich, Germany). For more information, visit www.ferrostaal.com. Contact: Hubert Kogel Ferrostaal AG Corporate Communications Hohenzollernstrasse 24 45128 Essen, Germany Phone: +49 201 818 2525 Fax: +49 201 818 3525 Cell Phone: +49 171 5561830 Email: hubert.kogel@ferrostaal.com Related Topics: Op-Ed and Editorial receive the latest by email: subscribe to weekly blitz's free mailing list Comment on this item |
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