Continued Growth at ProMinent

12.06.2007

The business year 2006 was very successful for the ProMinent company group with its headquarters in Heidelberg. The company group, operating with 44...

Continued Growth at ProMinent

...subsidiaries throughout the world, is one of the world's leading specialists in liquid metering, chemical feed and water treatment applications. For 2006, the company group reported an 11.5 % increase in external sales to 267.4 million euros. Chief executive Dr. Andreas Dulger attributed this success to the "positive economic development in Germany as well as in the world's most important economic centres". The turnover development of the delta series of solenoid metering pumps introduced last year also proved to be very satisfactory.

As a result of the encouraging business climate, the number of employees active in the group also increased by 6.9 % to 1,774 members of staff. In Heidelberg, the workforce increased by 5.1 % to 515. Ambitious plans have again been targeted for the business year 2007, which include further internationalisation to be advanced by establishing three new subsidiaries for international sales and service.

For instance, the establishment of a joint venture in the United Arab Emirates has been agreed upon with the Saudi Arabian trading partner Juffali. This move is intended to provide more effective support to the booming oil and gas industry on the Persian Gulf. About 5 million euros will be invested at the Heidelberg site alone in the business year 2007. According to estimates of the company management, the group's external turnover is expected to increase to about 300 million euros.

About the company

ProMinent is the reliable solutions partner for water treatment and a manufacturer of components and systems for chemical fluid handling. Based on the innovative products, services and industry-specific solutions ProMinent provides more efficiency and safety for the customers– worldwide. Detailed information about the company is available on: www.prominent.de

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