Henning Eskild Jensen, MBA, was appointed new Chief Financial Officer of RHI AG at today’s Supervisory Board Meeting. Born in Norway, Jensen, age 49, was previously a member of the Management Board of the US electronics manufacturer Tyco Electronics and will assume his new function in January 2010. Rudolf Payer, member of the Management Board […]
Read MoreThe Management Board of RHI AG announces that it received a letter from FEWI Beteiligungsgesellschaft mbH stating the following: “Dr. Wilhelm Winterstein transferred a share of 4,000,000 voting rights in RHI AG, Vienna, to FEWI Beteiligungsgesellschaft mbH, Großdingharting (D), on 11 November 2009, which as a result surpassed the reporting thresholds of 5 percent and […]
Read MoreFollowing the worldwide recession, which had characterised the business development in the first half of 2009, the economy started to bottom out in most of RHI’s customer markets at mid-year. This had first positive effects on RHI’s customer industries, especially in the Steel Division. In the Industrial Division no significant recovery was tangible by the […]
Read MoreThroughout the first half of 2009, the global economic situation was characterised by a profound recession worldwide. This had significant negative effects on the customers of the RHI Group, where demand plummeted in nearly all industries, causing high double-digit production cuts compared with the previous year. As a result of the market situation, incoming orders […]
Read MoreThe global recession had clearly negative effects on the business of RHI, the world market leader in refractories, in the first quarter of 2009. The dramatic decline in world steel output by 22.8% led to a sharp drop in demand in the Steel Division. In contrast, the Industrial Division, which benefited from a high order […]
Read MoreAt its meeting on 22 April 2009, the RHI Supervisory Board approved the annual financial statements 2008 of RHI AG as well as the consolidated financial statements 2008. The preliminary results published on 12 March 2009 have thus been confirmed. in € million 2008 2007 Change Revenues 1,596.7 1,467.6 8.8% EBITDA 216,1 217 -0.4% […]
Read MoreRHI AG, the world market leader in refractories, announced a comprehensive programme for structural optimisation and increased efficiency on 12 March 2009. This programme provides for cost savings amounting to approx. EUR 80 million and is now being enforced. The profit centre organisation has been successfully implemented with effect from 1 April 2009. At the […]
Read MoreKey Figures RHI Group Preliminary result 2008 RHI, the world market leader in refractories, increased consolidated revenues by 8.8% to EUR 1,596.7 million in 2008 (previous year: EUR 1,467.6 million); however, the operating result, at EUR 148.4 million, fell short of the prior-year-figure of EUR 165.8 million. This is due to increased precautionary measures (market […]
Read MoreAt its extraordinary meeting held today, the Supervisory Board of RHI AG appointed Thomas Fahnemann Chairman of the Management Board of RHI AG with effect from 1 January 2009. He succeeds Andreas Meier, who today resigned from this function with effect from 31 December 2008.
Read MoreThe Executive Committee of the Supervisory Board of RHI will propose Mr. Thomas Fahnemann as new Chief Executive Officer at the next Supervisory Board Meeting on 27 November 2008. Thomas Fahnemann will follow Andreas Meier in his function starting on 1 January 2009 at the earliest. As announced on 27 October 2008 Mr. Meier will […]
Read MoreThe Management Board of RHI AG announces that it has received a letter from Raiffeisen Zentralbank Österreich Aktiengesellschaft, Vienna stating the following: “Since 29 October 2008, a total of 1,279,511 shares of RHI AG are attributable to Raiffeisen Centrobank AG Vienna, FN 117505f (RCB) in accordance with the provisions of article 91 BörseG. In addition […]
Read MoreWilhelm Winterstein, Munich/Germany informed us today that he exceeded the reporting threshold of 10% on 29 October 2008 and now holds 3,800,000 voting rights of RHI AG.
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