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Annual Report - Miba

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38<br />

The product group gears showed considerable potential<br />

for growth. <strong>Miba</strong> Sinter Group succeeded in replacing<br />

existing steel gears by sintered gears in several projects.<br />

For car manufacturers, this development is interesting not<br />

only for cost reasons but also for the aspect of noise limitation.<br />

In the business line Transmission Components, the<br />

main focus is on the development of clutch parts, highstrength<br />

synchro hubs and components for four wheel<br />

drives (All Wheel Drives – AWD). The latter were produced in series for the first time in<br />

2004/05.<br />

In the previous fiscal year, <strong>Miba</strong> Sinter Group set a new human resource and structural<br />

course. As of the beginning of this fiscal year, Norbert Schrüfer, the former CEO of <strong>Miba</strong><br />

Bearing Group, transferred as CEO from <strong>Miba</strong> Bearing Group to the Management Board<br />

of <strong>Miba</strong> Sinter Group. As of June 15, 2004, he took over as CEO from Siegfried Dapoz.<br />

The latter withdrew from his position on the <strong>Miba</strong> Sinter Group’s Management Board at<br />

the end of the 2004/05 fiscal year in order to fully concentrate on responsibilities as <strong>Miba</strong><br />

AG’s Chief Financial Officer. Changes in Management also took place at <strong>Miba</strong>’s Naples and<br />

Barcelona sites.<br />

The Management buyout at the Turin site also deserves special mention. As of July 31,<br />

2004, <strong>Miba</strong> parted with its Northern Italian sintering plant. The Turin site specialized in the<br />

production of small components and low-quantity series. However, <strong>Miba</strong> Sinter Group’s<br />

strategic focus is on mass production and complex parts with continuously increasing<br />

technological standards.

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