Group structure - BWT Group

Group structure - BWT Group Group structure - BWT Group

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Management Report 1999 Personnel 1,839 employees Research and Development R&D centre in Mondsee completed The dynamic business development of the past few years is the result of successful work of the highly motivated and qualified BWT employees who are daily working towards the realisation of BWT’s value strategy. At BWT Group level, the number of employees rose from 1,654 by 185 to 1,839 at the balance sheet date. The increase is largely due to new companies (Van der Molen Group) and the expansion of production capacities. The average number of employees during the year under review was 1,747 representing an increase over the previous year of 12.2%. Due to the move of the service and assembly division into a separate entity, the number of employees at BWT AG was reduced by 64 compared to the previous year. Overall, personnel as of 31.12.1999 consisted of 100 production workers, 196 administrative employees and 10 trainees. Research spend was increased by 20.3% from € 5.9 million in 1999 to € 7.1 million. At the Mondsee location, a new R&D building for increased activities in basic research was completed. This means that the highly motivated BWT research team now has the most modern infrastructure at its disposal, enabling realisation of BWT’s – 40 – BWT’s executive board is particularly grateful to the many highly motivated employees for their contributions to the continued development of the Best Water Technology Group in all of the company’s divisions. Number of employees at BWT Group (as of 31 December) 1839 1654 1999 1998 strategy "Growth through innovation”. The research and development activities of the BWT Group are concentrated at the Mondsee (Austria), Schriesheim and St. Ingbert (D) and Paris (France) locations, as well as the associate Christ in Aesch/Basle (Switzerland). It is the stated aim of BWT’s

Outlook for 2000 Target for 2000: Group turnover € 295 million, ÖVFA result € 17 million R&D department to continuously minimise or obviate altogether the use of chemicals in water treatment processes, to reduce energy consumption and to manage rising water treatment costs by means of closed cycle solutions. BWT has set itself the task of developing economical and ecological product and process concepts for the entire water cycle, from source back to earth. For the current business year 2000, BWT anticipates an increase in the consolidated group turnover to € 295 million, equivalent to an increase of 11.1% compared with 1999 (€ 265.5 million). The planned result calculated on the basis of the ÖVFA formula for the year 2000 amounts to more than € 17 million and once again shows a double digit growth rate. After the invention of the unique limescale protection device AQA total, the great efforts of BWT’s basic research division lead to further success at the beginning of the year 2000: BWT FuMA-Tech – 41 – tanding research team, are reasons for our continued optimism for a successful future development of the Best Water Technology group of companies. R&D Expenditure (in € million) Unique research achievements, such as the bipolar electrode in the AQA total limescale protection device or FuMa-Tech’s recently presented high-performance membrane for fuel cells, as well as the knowledge of having an outs- 1999 1998 7,1 5,9 introduced an entirely new highperformance membrane which opens up wholly new possibilities for fuel cells, the environmentally friendly energy source of the future. The presentation of the research results contributed to the positive share price development of BWT shares at the Vienna stock exchange and in the long term, will open up additional market potentials for the Best Water Technology Group. Soon, fuel cells may become the energy source for laptop computers, mobile telephones, and for electricity and heat generation in households or energy for modern automobiles.

Management Report 1999<br />

Personnel<br />

1,839 employees<br />

Research and Development<br />

R&D centre in Mondsee<br />

completed<br />

The dynamic business development<br />

of the past few years is the<br />

result of successful work of the<br />

highly motivated and qualified<br />

<strong>BWT</strong> employees who are daily<br />

working towards the realisation of<br />

<strong>BWT</strong>’s value strategy. At <strong>BWT</strong><br />

<strong>Group</strong> level, the number of<br />

employees rose from 1,654 by 185<br />

to 1,839 at the balance sheet date.<br />

The increase is largely due to new<br />

companies (Van der Molen <strong>Group</strong>)<br />

and the expansion of production<br />

capacities. The average number<br />

of employees during the year<br />

under review was 1,747 representing<br />

an increase over the previous<br />

year of 12.2%. Due to the move of<br />

the service and assembly division<br />

into a separate entity, the number<br />

of employees at <strong>BWT</strong> AG was<br />

reduced by 64 compared to the<br />

previous year. Overall, personnel<br />

as of 31.12.1999 consisted of 100<br />

production workers, 196 administrative<br />

employees and 10<br />

trainees.<br />

Research spend was increased by<br />

20.3% from € 5.9 million in 1999<br />

to € 7.1 million. At the Mondsee<br />

location, a new R&D building for<br />

increased activities in basic research<br />

was completed. This means<br />

that the highly motivated <strong>BWT</strong><br />

research team now has the most<br />

modern infra<strong>structure</strong> at its disposal,<br />

enabling realisation of <strong>BWT</strong>’s<br />

– 40 –<br />

<strong>BWT</strong>’s executive board is particularly<br />

grateful to the many highly<br />

motivated employees for their<br />

contributions to the continued<br />

development of the Best Water<br />

Technology <strong>Group</strong> in all of the<br />

company’s divisions.<br />

Number of employees at <strong>BWT</strong><br />

<strong>Group</strong> (as of 31 December)<br />

1839<br />

1654<br />

1999 1998<br />

strategy "Growth through innovation”.<br />

The research and development<br />

activities of the <strong>BWT</strong> <strong>Group</strong> are<br />

concentrated at the Mondsee<br />

(Austria), Schriesheim and St.<br />

Ingbert (D) and Paris (France) locations,<br />

as well as the associate<br />

Christ in Aesch/Basle (Switzerland).<br />

It is the stated aim of <strong>BWT</strong>’s

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