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PDF, 1.2 MB - Pfleiderer AG

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46 being focused: being better<br />

organization and personnel<br />

Organization<br />

The organizational structure of the <strong>Pfleiderer</strong> Group underwent significant changes in 2002,<br />

following the adoption of its new corporate strategy. This has involved focusing on two core<br />

Business Centers, Wood-Based Panels and Infrastructure Technology. The two other Business<br />

Centers closely associated with the construction sector – Insulation Technology and Doors<br />

and Windows – have been divested. In future, the Group’s remaining core organization, which<br />

is divided into a holding company and two business centers, will be more closely orientated<br />

toward functional management structures. Central service activities for internal and external<br />

customers are currently bundled in <strong>Pfleiderer</strong> Service GmbH.<br />

Business Center<br />

Wood-Based Panels<br />

BU Engineered<br />

Wood West<br />

BU Engineered<br />

Wood East<br />

BU Duropal<br />

BU Eltec<br />

BU Thermopal<br />

BU Tipla<br />

pfleiderer ag<br />

Business Center<br />

Infrastructure Technology<br />

BU USA<br />

BU<br />

Telecommunication<br />

BU Rail Traffic<br />

BU Masts<br />

BU<br />

Water/Extrusion<br />

BU Wind<br />

<strong>Pfleiderer</strong><br />

Service GmbH<br />

as of: Dec. 31, 2002<br />

The new corporate strategy has also resulted in changes to the legal composition of the<br />

<strong>Pfleiderer</strong> Group. In divesting the Doors and Windows Business Center, all companies in the<br />

doors and windows operations were sold, except for one administration company. Sale of the<br />

Company’s insulation technology operations resulted in divesting all shares in its foreign insulation<br />

companies (including shares in a German affiliate). An exact breakdown of the Company’s<br />

legal holdings is shown in the section listing the companies included in consolidation.

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