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Wienerberger AG (WBAG:WIE) Corporate news announcement processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- --------------
- Cartel authorities give the go-ahead for the combination of Semmelrock and Ebenseer paver activities - Semmelrock to be responsible for management of newly founded Semmelrock Ebenseer Baustoffindustrie GmbH & Co KG
Vienna, January 16, 2009 - The management of Semmelrock International, a 75% subsidiary of Wienerberger AG, received the approval of cartel authorities for the combination of Ebenseer und Semmelrock paver activities in Austria.
Extension of product line and optimization of central functions "We welcome the positive decision and the release of the planned joint venture. This transaction not only represents a strategic step to improve competitive ability and bundle expertise. It also means even better service for our customers through the extension of our product offering and the optimization of the plant network and key corporate functions such as sales, distribution and logistics", commented Johann Windisch, responsible member of the Managing Board of Wienerberger AG, and Robert Holzer, Managing Director of Semmelrock International, on the results of the cartel examination.
For additional information contact: Robert Holzer, CEO Semmelrock International GmbH T +43(664)1601320 | robert.holzer@semmelrock.com
Karin Hofmann, Public Relations Wienerberger AG T +43(1)60192-463 | communication@wienerberger.com
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Wienerberger AG Wienerbergstraße 11 Vienna Austria
WKN: 83170; ISIN: AT0000831706; Index: WBI, ATX , ATX Prime; Listed: Prime Market in Wiener Boerse AG;