S.A.G. Solarstrom AG are "job generator in South Baden"
Freiburg, March 22, 2010. S.A.G. Solarstrom AG (German security identification number: 702 100, ISIN: DE0007021008) created 31 new jobs in the South Baden region in 2009 and are thus the winner of the competition ”Job Generator in South Baden“. The competition, which is set every year by the newspaper Badische Zeitung and the Freiburg Chamber of Trade, awards prizes in three categories to companies who have created permanent jobs over the past year. S.A.G. Solarstrom AG is the prize winner of the category “20-199 Employees”, with 31 new appointments.
73 employees of S.A.G. Solarstrom AG were employed at the Freiburg location of the company on the key date of December 31, 2009 – 31 more employees than in the previous year. Since January, they have been joined by a further 5 employees, as the internationally positioned company with more than 160 employees continues on a growth curve.
“We are delighted with this award. South Baden is an ideal business location for a company like S.A.G. Solarstrom AG. First of all, the region is involved in sustainable environmental and economic policy. Secondly, Freiburg is also a very attractive place to live and work for our employees, with its sound infrastructure and excellent quality of life. Thus it’s easy for us to acquire qualified specialists for our company“, says Dr. Karl Kuhlmann, CEO of S.A.G. Solarstrom AG.
S.A.G. Solarstrom AG intends to continue to position themselves as an attractive employer with a future in the region. The company received the certificate for work-life balance from the non-profit-making Hertie Foundation in 2009 and committed to implement further family-friendly measures. The goal is to develop a family-conscious corporate culture, in order to increase the motivation, creativity and loyalty of their employees. As a photovoltaics company, S.A.G. Solarstrom AG belongs to a growth sector that is able to record two-digit growth rates, despite ongoing political discussions.
The internationally positioned photovoltaics company is anticipating sales of between €210 and 190 million and an EBIT of between €8 and 11 million in 2010.
About S.A.G. Solarstrom AG
S.A.G. Solarstrom AG (German security identification number: 702 100, ISIN: DE0007021008) of Freiburg, Germany, are a manufacturer-independent provider of high-quality photovoltaic plants configured to customers’ individual needs. The group constructs efficient plants of all sizes both in Germany and abroad. S.A.G. Solarstrom AG also produce solar energy at their own plants.
S.A.G. Solarstrom AG’s service portfolio covers the entire life cycle of photovoltaic plants, including energy- and weather-data management, yield reports, and remote maintenance, as well as insurance and financing. The group thus offers a comprehensive value chain in photovoltaics, from yield reports, planning, construction, operations, and monitoring to optimization, repowering, and deconstruction.
Founded in 1998, S.A.G. Solarstrom AG are considered pioneers in the solar industry. Around 160 specialists work at the four locations in Germany and subsidiaries in Italy, Spain, Austria, and Switzerland.
S.A.G. Solarstrom AG are listed on the open market, Entry Standard of the Frankfurt Stock Exchange as well as according to the rules and standards M:access of the Munich Stock Exchange.
Further information: www.solarstromag.com
S.A.G. Solarstrom AG
Sasbacher Straße 5
79111 Freiburg
Germany
Public Relations / Investor Relations
Jutta Lorberg
Tel.: +49-(0)761-4770-311
E-Mail: pr@solarstromag.com / ir@solarstromag.com