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RNS - SMA Solar Technology AG: SMA in 2010 awarded as one of Europe's top employers again

Company: SMA Solar Technology AG Date: 2010-05-25 Language: English Register to download

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 News Details

Corporate | 25 May 2010 17:59

#   

SMA Solar Technology AG: SMA in 2010 awarded as one of Europe’s top employers again

**SMA Solar Technology AG / Miscellaneous**

25.05.2010 17:59

Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.

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Niestetal, May 25, 2010 - SMA Solar Technology AG (SMA) this year was again
distinguished as one of the top employers also on a European level. At the
Great Place to Work(R) competition 'Best Workplaces in Europe 2010' SMA
took third place in the large company size category (500+ employees). In
February, SMA had already been awarded at the German competition with the
second place amongst 'Germany's best Employers 2010'.

The Great Place to Work(R) Institute benchmark studies evaluate the
workplace attractiveness of the participating companies by surveying the
credibility and fairness of management, team spirit within the company and
employees' identification with it. The studies are based on an appraisal of
the work carried out by human resources departments as well as the results
of nearly 300,000 employee surveys on quality and attractiveness of their
respective employer. More than 1,300 companies from 17 countries
participated in this year's competition.

'This year's distinction as one of the top employers also on a European
level shows us that we have been able to retain our special company culture
despite SMA's strong growth over the last years. With this special culture
we support not only a good working climate but also flexibility and
innovation within our company,' explains Juergen Dolle, Chief Human
Resources Officer of SMA Solar Technology AG. 'The excellent results at the
same time confirm our employee's strong identification with SMA. This is
also reflected in an extremely low employee turnover.'

SMA was already amongst the top employers on a national as well as on a
European level in recent years. Additionally, the company was distinguished
with the Great Place to Work(R) Fairness Award for fair salaries in last
year's European competition and with the special price for 'Lifelong
Learning' in the German competition in 2009 and 2010.



About SMA 
The SMA Group generated sales of c. 934 million Euro in 2009 and is the
worldwide market leader for photovoltaic inverters, a key component of all
solar power plants. It is headquartered in Niestetal, near Kassel, Germany,
and is represented on four continents by 13 foreign subsidiaries. The Group
employs a staff of over 4,500 (incl. temporary workers). SMA's product
portfolio includes the most comprehensive range of inverters on the market,
offering a compatible inverter for every type of photovoltaic module and
for all plant sizes. The product range covers both inverters for
photovoltaic plants connected to the grid as well as inverters for off-grid
systems. Since 2008, the Group's parent company SMA Solar Technology AG has
been listed on the Prime Standard of the Frankfurt Stock Exchange (S92) and
also in the TecDAX index. In recent years, SMA has received numerous awards
for its excellence as an employer.



SMA Solar Technology AG
Sonnenallee 1
34266 Niestetal
Germany


Press contact:
Volker Wasgindt
Head of Press Relations and Public Affairs
Phone +49 561 9522-11 21
Fax +49 561 9522-11 03
Volker.Wasgindt@SMA.de


Investor Relations:
Anna Raudszus (Institutional Investors/Analysts)
Director Investor Relations
Phone +49 561 9522-22 22
Fax +49 561 9522-22 23
ir@SMA.de
Julia Damm (Private Investors)
Phone +49 561 9522-11 64



Disclaimer:
This press release serves only as information and does not constitute an
offer or invitation to subscribe for, acquire, hold or sell any securities
of SMA Solar Technology AG (the 'Company') or any present or future
subsidiary of the Company (together with the Company, the 'SMA Group') nor
should it form the basis of, or be relied upon in connection with, any
contract to purchase or subscribe for any securities in the Company or any
member of the SMA Group or commitment whatsoever. Securities may not be
offered or sold in the United States of America absent registration or an
exemption from registration under the U.S. Securities Act of 1933, as
amended.
This press release can contain future-oriented statements. Future-oriented
statements are statements which do not describe facts of the past. They
also include statements about our assumptions and expectations. These
statements are based on plans, estimations and forecasts which the
executive board of SMA Solar Technology AG (SMA or company) has available
at this time. Future-oriented statements are therefore only valid on the
day on which they are made. Future-oriented statements by nature contain
risks and elements of uncertainty. Various known and unknown risks,
uncertainties and other factors can lead to considerable differences
between the actual results, the financial position, the development or the
performance of the corporation and the estimates given here. These factors
include those which SMA has discussed in published reports. These reports
are available on the SMA website at www.SMA.de. The company accepts no
obligation whatsoever to update these future-oriented statements or to
adjust them to future events or developments.


25.05.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      SMA Solar Technology AG
              Sonnenallee 1
              34266 Niestetal
              Deutschland
Phone:        +49 (0)561 / 9522 - 0
Fax:          +49 (0)561 / 9522 - 100
E-mail:       info@sma.de
Internet:     http://www.sma.de
ISIN:         DE000A0DJ6J9
WKN:          A0DJ6J 
Indices:      TecDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, München, Stuttgart
 
End of News                                     DGAP News-Service
 
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