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ThE BENTELER GROUP BenteleR AutoMotIve from left: hein van gerwen, eric Alstrom, Ralf göttel BenteleR DIStRIButIon from left: Anders Ivarsson, Dr. Marcus Schubbe ThE maNaGEmENT BOaRdS OF ThE dIvISIONS BENTElER AUTOMOTIVE Hein Van Gerwen, Chairman (until October 10, 2011) Eric Alstrom Ralf Göttel BENTElER STAHl/ROHR BENTELER STEEL/TUBE GmBh / BENTELER ROThRIST GmBh / BENTELER TUBE maNaGEmENT GmBh Norbert Bergs, Chairman Matthias Jäger Dr. Meike Schäffler (since October 1, 2011) BENTElER DISTRIBUTION Anders Ivarsson, Chairman Dr. Marcus Schubbe Personnel Matters BenteleR StAhl/RohR from left: norbert Bergs, Matthias Jäger, Dr. Meike Schäffler 10
maNaGEmENT REPORT 2011 11 MANAGeMeNt RePORt
Page 1: AnnuAl RepoRt
Page 4 and 5: the BeNteLeR GROUP the BeNteLeR GRO
Page 6 and 7: ThE BENTELER GROUP ThE BENTELER GRO
Page 8 and 9: BenteleR InteRnAtIonAl Ag from left
Page 12 and 13: MANAGeMeNt RePORt the BeNteLeR GROU
Page 14 and 15: Germany logged solid growth of 4.5
Page 16 and 17: MANAGEMENT REPORT EaRNINGS SITUaTIO
Page 18: MANAGEMENT REPORT BENTELER AutomotI
Page 22: MANAGEMENT REPORT DIStRIbutIon dIvI
Page 25 and 26: 2011, the Benteler Group invested
Page 27 and 28: Equity (not including capital repre
Page 29 and 30: MANAGEMENT REPORT 29 totAl CApItAl
Page 31 and 32: The Group furthermore aims to safeg
Page 33 and 34: On the basis of an examination of t
Page 35 and 36: Fiber composites and high-strength
Page 37 and 38: MANAGEMENT REPORT 37 ENvIRONmENTaL
Page 39 and 40: MANAGEMENT REPORT 39 PERSONNEL REPO
Page 41 and 42: Training is a high priority in the
Page 43 and 44: FORECaST Thanks to its extremely so
Page 45 and 46: The Benteler Stahl/Rohr division ex
Page 47 and 48: With regard to the logistical chall

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