Organizational structure in transition
Up to September 30, 2009 the Group's operating business was organized in five segments: Steel, Stainless, Technologies, Elevator and Services. The segments were each led by a holding company and decided independently on their market and customer operations.
To strengthen the Group for the economic challenges in the years ahead, we introduced a new organizational structure effective October 01, 2009. " With more decentralized operational management and more centralized strategic management, we will be able to respond more quickly to new market developments and customer requirements in the future," said Executive Board Chairman Dr. Ekkehard Schulz of the new structure.
Organizational structure until September 30, 2009
