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Article: ATB Supervisory Board Approves New Organisational Structure.
- Article from:
- PR Newswire Europe
- Article date:
- April 1, 2008
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VIENNA, Austria, April 1 /PRNewswire/ --
- Erwin Fritsch Appointed as CEO
The supervisory Board of ATB Austria Antriebstechnik AG (ISIN AT0000617832) has approved the introduction of a new organisational structure and related changes on the Management Board.
In the interests of organisational clarity, each of the factories and brands in the ATB Group will come under one of two core businesses - Project Motors and Industrial Motors. At the same time all shared services (e.g. Finance and Accounting, and Controlling) will be centralised and run on a group-wide basis, so as to exploit the synergies between them.
"This fundamental renewal ...