Capital/Financing Update • Jan 14, 2010
Capital/Financing Update
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Corporate | 14 January 2010 11:10
GEA Group Aktiengesellschaft: GEA expands financing base
GEA Group Aktiengesellschaft / Corporate Action
14.01.2010
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.
Bochum, January 14, 2010 - In 2009, the GEA Group entered into a loan
agreement with the European Investment Bank for EUR 150 million that
expires in 2016. The loan will serve to fund research and development
expenses. This move ensures that GEA can extend and grow its strong
financing base at an early stage.
'This loan agreement underlines that - even in difficult macroeconomic
conditions - GEA remains focused on and invests in pioneering innovations.
Our research and development activities are always geared to offering our
customers even more energy-efficient products for their production
processes and therefore to strengthening GEA's leading market position,'
commented Dr. Helmut Schmale, CFO of GEA Group Aktiengesellschaft.
GEA Group Aktiengesellschaft is one of the largest system providers for
food and energy processes with about EUR 5.2 billion in 2008 revenue. As an
internationally operating technology group, the company focuses on process
technology and components for demanding production processes in various end
markets. The group generates about 70 percent of its revenue from the
long-term growing food and energy industries. As of September 30, 2009, a
workforce of over 20,000 employees served customers in 50 countries. GEA
Group is a market and technology leader in 90 percent of its business
areas. GEA Group is listed in the MDAX index (G1A, WKN 660200).
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14.01.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
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Language: English
Company: GEA Group Aktiengesellschaft
Dorstener Straße 484
44809 Bochum
Deutschland
Phone: +49 (0)234 980-0
Fax: +49 (0)234 980-1004
E-mail: [email protected]
Internet: www.geagroup.com
ISIN: DE0006602006
WKN: 660200
Indices: MDAX
Listed: Regulierter Markt in Berlin, Frankfurt (Prime Standard),
Düsseldorf, München, Hamburg; Freiverkehr in Hannover,
Stuttgart
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