Regulatory Filings • Mar 14, 2011
Regulatory Filings
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Media | 14 March 2011 16:44
‘Schweizer helps Meiko’ – Aid fund to support cooperation partner
Schweizer Electronic AG / Key word(s): Enterprise/
14.03.2011 / 16:44
Schramberg, March 14, 2011 – The earthquake in Japan has affected the sites Fukushima, Miyagi and Yamagata of Schweizer Electronic's cooperation partner Meiko Electronics Co., Ltd. The company's Executive Board is in contact with Yuichiro Naya (President & CEO) and Takahide Hirayama (COO) of Meiko. Due to restrictions caused by damaged infrastructure it is still unclear whether and to which extent employees of Meiko, living and working at sites in the Northern parts of the country, have been affected.
Due to disruptions in electricity supply, production in the plants in Fukushima and Yamagata were stopped. The Miyagi plant has been hit by the Tsunami. Meiko provides information about the current situation on the website www.meiko-elec.com .
Customers of Schweizer Electronics AG will not be negatively affected by this incident as products manufactured within the network are being received from Meiko's sites in China and Vietnam.
'We sympathize with our colleagues and their families and sincerely wish that no one has been harmed ' says Dr. Marc Schweizer, CEO of Schweizer Electronic AG. 'We therefore feel an urgent need to provide assistance in a quick and unbureaucratic manner. We have thus set-up an aid fund for affected Meiko employees and their families. This fund will be initially equipped with means provided by Schweizer Electronic AG amounting to 10,000,000 JPY. We also appealed to our staff to contribute by donating and we are convinced that they will demonstrate their solidarity.'
Further information concerning the donation account are available on our Internet page www.morethanPCBs.com .
Beyond this first aid measure, Schweizer's Executive Board has assured Meiko's Management its continued support over the coming weeks and months.
About Schweizer:
Schweizer Electronic AG (WKN 515623) is one of the Top 3 PCB manufacturers in Europe with recognized technology and consulting expertise in the field of automobile, solar and industrial electronics. The company was established in 1849 and is currently managed by the sixth generation of the family.
Schweizer Electronic is focused on complex multilayer and HDI circuits as well as solutions for reducing the system cost and improving the integration of active and passive components on the PC board. In addition, Schweizer Electronic has many answers to the challenges of modern power electronics. With its network of partners, Schweizer Electronic AG offers optimal cost and manufacturing solutions for small, medium and large series.
For further information please contact
Susanne Schorn
Media & Communications
Schweizer Electronic AG
Einsteinstraße 10
78713 Schramberg
Phone: +49 7422 / 512-213
Fax: +49 7422 / 512-397
E-mail: [email protected]
Please visit our website: www.morethanPCBs.com
End of Media Release
14.03.2011 Dissemination of a Press Release, transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
| Language: | English |
| Company: | Schweizer Electronic AG |
| Einsteinstraße 10 | |
| 78713 Schramberg | |
| Deutschland | |
| Phone: | 07422-512-301 |
| Fax: | 07422-512-397 |
| E-mail: | [email protected] |
| Internet: | www.schweizerelectronic.ag |
| ISIN: | DE0005156236 |
| WKN: | 515623 |
| Listed: | Regulierter Markt in Frankfurt (General Standard), Stuttgart; Freiverkehr in Berlin |
| End of News | DGAP-Media |
| - - - |
| 115465 14.03.2011 |
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