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indebtedness and must take into account a repayment of the convertible profitsharing
certificates that is appropriate in business terms.
Employees
In Germany,the average number of employed persons fell from 980 to 901. The
Corporate Services segment has taken on experienced VBH Germany executives
and will thus gradually transfer experiences gained over the past few years to
the foreign markets. The Corporate Services segment employed a total of
17 staff.
On the international front, extended business operations in 2006 saw the employment
of 98 more employees than in 2005. The total number of employees in
2006 was 1,257 (1,159). 436 of this number were employed in Western Europe and
777 in Eastern Europe, which meant that there was virtually no change. The
Other Markets for VBH Group companies employed 44 staff.
The total number of staff within the Group rose by 22 employees, to 2,175, due to
business growth and the extension of the consolidation group. The number of
trainees in the Group amounted to 32, compared with 77 in the previous year.
In Germany,VBH once again invested in quality training for its sales staff, by
providing extensive sales training.At this point, the Board of Management and
Supervisory Board wish to thank all employees of the VBH Group for their high
level of commitment nationally and internationally: this represents a major
contribution towards the Company’s continued positive development.
Quantity
Persons employedatannual average –Group
2000
1500
1000
1389
1347
1355 1031 963
970
994
918
Germany
A broad
500
0
1257
1087 1159
926 993
800
652
520
1999 2000 2001 2002 2003 2004 2005 2006 Year
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