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BAVARIA Industriekapital AG (OJ:B8A) Corporate news announcement processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- --------------
BAVARIA Industriekapital AG supports the non-profit organisation EXIT (www.exit-deutschland.de) with a charitable contribution in the amount of EUR 50,000. With this contribution, BAVARIA provides important assistance to dropouts from the extreme right-wing milieu, enabling them to start a new, self-determined life. Both BAVARIA and the EXIT organisation consider it essential to improve the perspectives for the future and to be a competent contact person at all times. This common ground and the desire for social commitment are the reason why BAVARIA is sticking up as a mentor for EXIT.
Until EXIT receives a financial aid commitment from the government, the continuation of its non-profit activities depends on the financial support from generous proponents of its concept.
BAVARIA Industriekapital AG is an industrial holding company which acquires companies with a weak earnings position throughout Europe. By means of an active restructuring and rehabilitation management, it ensures the long-term business performance of the acquired companies. Comprehensive experience and the know-how of its employees allow BAVARIA Industriekapital AG to lead even companies in difficult industry sectors back into the black. The majority of the stock of BAVARIA Industriekapital AG is family-owned and the company has been listed in the Entry Standard All Share Index of Deutsche Börse since 2006. Currently, BAVARIA Industriekapital AG has stakes in eight companies and employs a total of about 3,000 people. In 2007, the turnover of the group amounted to EUR 410 million. BAVARIA Industriekapital's net income for the year was EUR 23 million.
For additional information about BAVARIA Industriekapital, please visit our website at www.baikap.de
We would be pleased to answer any further questions you may have:
BAVARIA Industriekapital AG Svea Strohm Bavariaring 24 80336 München
BAVARIA Industriekapital AG Bavariaring 18 München Germany
WKN: 260555; ISIN: DE0002605557; Listed: Entry Standard in Frankfurter Wertpapierbörse, Freiverkehr in Bayerische Börse München, Freiverkehr in Börse Berlin, Freiverkehr in Börse Düsseldorf, Freiverkehr in Börse Stuttgart, Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg, Freiverkehr in Niedersächsische Börse zu Hannover;