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Annual report 2009 - Siempelkamp

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<strong>Siempelkamp</strong>, Krefeld, Germany<br />

Total order value<br />

Against the background of the economic crisis year, it is not surprising that the total order value of<br />

the Group did not reach the record highs of the previous years. With 330 million Euros, we nevertheless<br />

achieved an acceptable total order value, especially when comparing this result to the total<br />

order value of the entire German machinery and plant manufacturing sector. Our order backlog of<br />

919 million Euros will result in the utilization of our full capacities into 2011. Regarding our<br />

overall performance, we have done well with 546 million Euros and are at 84% of the previous<br />

year result of 650 million Euros.<br />

Compared to 2007 and 2008, when business was booming, the <strong>Siempelkamp</strong> Group has also<br />

achieved a good position in <strong>2009</strong>. Despite the global economic crisis, the Group recorded the<br />

second-best result in the company’s history. All our national and international production facilities<br />

were at full capacity.<br />

Strong teams – high added value<br />

The higher the skill level of a team, the higher the company’s quality of the added value.<br />

Numerous training and education initiatives are targeted to familiarize our employees with new<br />

technologies and machines.<br />

On the December 31, <strong>2009</strong> cut-off date the Group employed 2,631 people (2008: 2,635).<br />

Additionally, we had 115 trainees in all three business units, who are starting their future career<br />

at <strong>Siempelkamp</strong>. We have increased the number of trainees by fi ve from 2008 to <strong>2009</strong>.<br />

We have maintained the same number of employees in <strong>2009</strong> and were able to keep our highly<br />

qualifi ed employees on staff.<br />

We pay special attention to the advancement of our trainees as well as to the training and education<br />

of our young engineers, managers and experts. This task is supported by universities and other<br />

educational facilities, a foundation, and by a high degree of personal commitment.<br />

<strong>Siempelkamp</strong><br />

Business development<br />

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