farmatic biotech energy ag
farmatic biot. energy ag english
Restructuring of Management Board at farmatic biotech energy ag
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Nortorf, September 17, 2002. farmatic biotech energy ag, the leading supplier of
technology for the conversion of biomass to biogas, has announced changes in
the composition of its Management Board. Due to conflicting views with regard to
the companys future strategic alignment, Peter Schrum, CEO of farmatic biotech
energy ag, is to leave the company with immediate effect and will no longer act
as CEO. In his position as Chief Executive Officer, Peter Schrum was responsible
for the successful development of the farmatic Groups product sales in Germany
and throughout the world. He remains a shareholder of farmatic. Mr. Ulrich
Wogart, CFO of farmatic ag, has been appointed acting CEO and will also take
over responsibility for sales during a transitional period.
The company:
Based in Nortorf, Germany, farmatic biotech energy ag is one of the leading
companies for the industrial conversion of biomass into biogas for the
production of regenerative energy. In its Bio-Power Plant Technology division
farmatic focusses on the development, planning and construction of mid-sized and
large industrially-operated biogas power plants. These power plants are either
operated by farmatic itself or in cooperation with other companies. The company
s Sewage Treatment Technology division comprises the development, planning and
construction of biological waste water purification plants.
end of ad-hoc-announcement (c)DGAP 17.09.2002
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WKN: 605192 ; ISIN: DE0006051923; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München und Stuttgart;
172030 Sep 02
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