Annual Report 2010 - About Heraeus
Annual Report 2010 - About Heraeus
Annual Report 2010 - About Heraeus
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The Year <strong>2010</strong> at a Glance<br />
The Year <strong>2010</strong> at a Glance<br />
JANUARY<br />
HERAEUS CELEBRATES 150TH BIRTHDAY<br />
OF RICHARD KÜCH<br />
In <strong>2010</strong>, in accordance with the motto “Creating Innovations,”<br />
<strong>Heraeus</strong> celebrates the 150th birthday of<br />
physicist and chemist Dr. Richard Küch, the first head<br />
researcher at <strong>Heraeus</strong>, whose numerous inventions<br />
were a driving force for the growth and development<br />
of our company.<br />
FEBRUARY<br />
ARTICLE ON HERAEUS PRODUCTS IN UN GLOBAL<br />
COMPACT YEARBOOK<br />
An article about <strong>Heraeus</strong> products appears in the UN<br />
Global Compact yearbook. UN Global Compact is the<br />
world’s largest network for corporate responsibility,<br />
with more than 5,000 participating companies.<br />
MARCH<br />
LAUNCH OF HERAEUS DENTAL’S FIRST<br />
PHARMACEUTICAL PRODUCT<br />
<strong>Heraeus</strong> introduces its first pharmaceutical product.<br />
The new drug completes the product range for local<br />
anesthetics.<br />
APRIL<br />
HERAEUS TAKES OVER FERRO DECORATION<br />
MATERIALS BUSINESS<br />
<strong>Heraeus</strong> and Ferro sign an agreement concerning the<br />
reciprocal acquisition of certain business areas related to<br />
decoration materials for ceramics and glass. <strong>Heraeus</strong><br />
acquires Ferro’s precious-metal-based decoration business<br />
and in return, Ferro acquires <strong>Heraeus</strong>’ ceramic<br />
colors business.<br />
MAY<br />
SUCCESSFUL BOND PLACEMENT<br />
<strong>Heraeus</strong> Finance GmbH successfully issues a € 250 million<br />
bond to institutional investors, as well as small and<br />
mid-sized banks and investment companies in Germany<br />
and other European countries. <strong>Heraeus</strong> intends to use<br />
the proceeds for general corporate purposes. The bond<br />
has a term of seven years with a fixed coupon of four<br />
percent. The order book is heavily oversubscribed.<br />
JUNE<br />
HERAEUS ACQUIRES MAJORITY STAKE IN<br />
KOREAN DENTAL COMPANY<br />
<strong>Heraeus</strong> continues to implement its strategy for expansion<br />
in the lucrative dental market in Asia by acquiring a<br />
majority stake in Huden Dental Co. Ltd. in South Korea.<br />
JULY<br />
GLOBAL PRESENTATION OF HERAEUS CORPORATE<br />
GUIDING PRINCIPLES 2020<br />
At seven events worldwide, Dr. Frank Heinricht and Jan<br />
Rinnert, the <strong>Heraeus</strong> Holding Board of Management,<br />
present the <strong>Heraeus</strong> Corporate Guiding Principles 2020.<br />
The new Corporate Guiding Principles replace Vision<br />
<strong>2010</strong>, established in 2000, and the previous Corporate<br />
Guiding Principles.