PDF, 3.2 MB - Pfleiderer AG
PDF, 3.2 MB - Pfleiderer AG
PDF, 3.2 MB - Pfleiderer AG
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Review of the Year<br />
2004<br />
February<br />
<strong>Pfleiderer</strong> <strong>AG</strong> sells its US concrete<br />
and steel towers business bundled in<br />
its affiliate Newmark International,<br />
Inc., and uses the income from the<br />
sale and book gains to strengthen<br />
its equity base.<br />
February<br />
<strong>Pfleiderer</strong> Engineered Wood presents its new brand wodego®<br />
for the first time to the visitors at the ZOW 2004 trade fair.<br />
The Thermopal® brand appears with a new corporate design.<br />
May<br />
<strong>Pfleiderer</strong> track systems starts delivery and assembly of<br />
sleepers using its ballastless RHEDA 2000® technology for the<br />
new construction of the Dutch high-speed link HSL-Zuid/NL<br />
running from Amsterdam towards Brussels.<br />
March<br />
<strong>Pfleiderer</strong> Unternehmensverwaltung<br />
reduces its holding in <strong>Pfleiderer</strong> <strong>AG</strong><br />
from just on 62 percent to around<br />
14 percent. The broad spread of<br />
shares among international and<br />
German investors considerably<br />
increases <strong>Pfleiderer</strong>’s free float.<br />
June<br />
Following an increase in capital by<br />
<strong>Pfleiderer</strong> Grajewo S.A., the <strong>Pfleiderer</strong><br />
Group nets around 62 million euros<br />
in new equity. The Polish affiliate<br />
uses the income from the issue to<br />
expand its production plants in<br />
Poland and for construction of a<br />
new plant in Russia.
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