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No power train without Miba technology

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38<br />

Manager development<br />

<strong>Miba</strong> Leadership Academy<br />

and <strong>Miba</strong> Management Academy<br />

are the core of our international<br />

manager development program.<br />

A total of 162 managers have<br />

graduated from these programs.<br />

Investment in <strong>train</strong>ing<br />

and continuing education<br />

In 2009-2010, around EUR 300<br />

per employee were invested in continuing<br />

education and <strong>train</strong>ing. Experts in many<br />

fields from within <strong>Miba</strong> serve as internal<br />

<strong>train</strong>ers, passing on their knowledge.<br />

International<br />

employee exchange<br />

The exchange of employees<br />

between all <strong>Miba</strong> sites serves to<br />

encourage the transfer of know-how<br />

and technologies, enriching the<br />

company.<br />

The average <strong>Miba</strong> employee<br />

is 38 years old and has been with<br />

the company for about ten years.<br />

Personnel expenditures<br />

2005-2006 EUR 120.9 million<br />

2006-2007 EUR 125.1 million<br />

2007-2008 EUR 121.4 million<br />

2008-2009 EUR 121.7 million<br />

2009-2010 EUR 108.8 million<br />

<strong>Miba</strong> employees worldwide<br />

(January 31, 2010)<br />

Austria: 1,563<br />

Slovakia: 566<br />

USA: 305<br />

China: 153<br />

Singapore: 33<br />

Responsibility for<br />

our employees<br />

2005-06<br />

Especially in times of economic<br />

challenge, <strong>Miba</strong> is a responsible<br />

employer. Our stated goal was to<br />

retain our qualified core staff.<br />

2006-07<br />

2007-08<br />

2008-09<br />

2009-10<br />

First-year apprentices<br />

Bearing Sinter Friction Total<br />

2005 11 10 0 21<br />

2006 14 8 1 23<br />

2007 12 10 2 24<br />

2008 20 17 3 40<br />

2009 12 13 2 27<br />

On September 1, 2010, 26 young men and women<br />

will begin their <strong>train</strong>ing at <strong>Miba</strong>.<br />

Yearly average number<br />

of employees<br />

2005-2006 2,683<br />

2006-2007 2,850<br />

2007-2008 2,706<br />

2008-2009 2,855<br />

2009-2010 2,613

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