Wacker Neuson SE / Key word(s): Miscellaneous05.10.2011 / 10:33---------------------------------------------------------------------Wacker Neuson opens new Group headquarters(Munich, October 5, 2011) Wacker Neuson SE is officially opening its newGroup headquarters in the north of Munich. The new building complex is hometo the holding organization and its operational companies as well as thenew European Research and Development Competence Center for Wacker Neusonlight equipment.The new Group headquarters is the nerve center of the company'sinternational expansion plans. Wacker Neuson has invested a total of aroundEUR 43 million in the new building. Its modern, exposed concrete façade infive different shades of gray clearly reflects the company's constructionindustry ties. The headquarters is located in the north of Munich, close tothe European logistics center in Karlsfeld and the Reichertshofenproduction facility. It is home to Wacker Neuson SE, which was restructuredas a holding company in July 2011, and its new subsidiaries Wacker NeusonVertrieb Deutschland GmbH & Co. KG, Wacker Neuson Vertrieb Europa GmbH &Co. KG and Wacker Neuson Produktion GmbH & Co. KG.Wacker Neuson has long-standing ties with this site. It was here that thecompany moved into its administration offices in 1955, after purchasing theland. The company did not have any close neighbors in the early days as itwas not until much later that the Olympic Village was built.Today, the new headquarters is a hub from which the Group manages over 30affiliates worldwide and supports 68 sales and service stations in Germany.The office building has 18,500 m2 of total floor space and the adjoiningtesting halls stretch over 5,500 m2. Around 300 employees (globalheadcount: 3,350) currently work in the complex. The buildings have alsobeen designed with future growth in mind, offering capacity for a further350 office workstations. Wacker Neuson intends to capitalize on thisheadroom in the coming years.The integrated Research Center is a particular highlight of the new complexwith its extensive test zone for walk-behind light equipment innovations -for example, breakers and vibratory plates - all destined for globaldistribution. To ensure products are tailored to the needs of differentcustomer groups and market regions, the Research Center collaboratesclosely with Wacker Neuson development sites in the US and Asia as well aswith international sales teams.'This enables us to maintain our position as an innovation leader in thelong term. Even today, over half of Group product revenue stems fromproducts that are less than five years old. We will be increasing thisshare over the coming years,' confirms CEO Cem Peksaglam. The Group holdsover 600 patents.Wacker Neuson's decision to keep its new headquarters in Munich underscoresits commitment to the city. The attractive location (and close proximity totwo subway stations), together with the Competence Center's excitingresearch opportunities, also puts the company in a strong position to winpromising new talent in an increasingly competitive market, especially forqualified engineers. 'It is crucial for our long-term success that weremain an appealing employment opportunity for talented technical expertsand managers. Our new headquarters in Munich increases our pull andunderscores our commitment to Germany as a leading industrial location,'explains Peksaglam.The company also wants the spirit of collaboration to extend beyondresearch and sales to become a defining feature across all departments.'Bundling our central operating activities in Munich should make it easierfor employees to communicate directly - and informally - with each other.We have created communication spaces throughout the building in order tofoster this sense of open dialog,' explains Peksaglam.In addition to offices and test zones, the new building has its ownconference area plus a canteen and terrace with enough space to accommodateworks council meetings with over 300 people. Open areas, roof terraces andoutside seating can also be used for breaks, meetings and events.Underground parking for 158 cars together with a visitor parking lot andadditional employee parking spaces cover current mobility needs.The Group's headquarters also integrates the latest technological andenergy-efficiency developments. The highly efficient, insulated building iskept warm by district heating and the majority of offices are naturallyventilated. Where ventilation systems are unavoidable, the heat from theoutlet air is captured and reused. Rooms are cooled via ceiling panelswithout the need for mechanical circulation. Groundwater from the company'sown spring is used for cooling; and heating and cooling can be setindividually in every room. An extensive green roof development complementsthis energy-efficient design, ensuring a pleasant working environment.'However, we must not forget that it takes a lot more than technology tocreate a good atmosphere,' states Cem Peksaglam. 'Each and every one of uswho works here will make an active contribution to the success of thisarchitectural and functional landmark.'For fiscal 2011, Wacker Neuson expects Group revenue to total EUR 930million (previous year: EUR 757.9 million), the upper end of its previousforecast (EUR 910 to 930 million) and the EBITDA margin to reach between 13and 14 percent (previous year: 10.3 percent). The Group remains committedto breaking the billion-euro mark for sales during the coming fiscal yearand reaching an EBITDA margin of 15 percent.Your contact partner:Wacker Neuson SE Katrin Yvonne NeufferHead of Corporate Communication/Investor RelationsPreussenstr. 41 80809 Munich, Germany Tel: +49-(0)89-35402-173katrin.neuffer@wackerneuson.com www.wackerneuson.comAbout Wacker NeusonWacker Neuson SE is a global manufacturer of light and compact equipment.With over 30 affiliates and more than 180 locations across the globe, thecompany offers an exceptionally broad portfolio of products and services. Manufacturing activities are distributed across three German, one Austrian,two American and one Philippine production sites. Almost all productsmanufactured by the company are branded Wacker Neuson. The only exceptionsto this in Europe are Kramer Allrad products and Weidemann-brandedagricultural machinery. With over 300 product categories and complementaryrental, spare parts and repair services, Wacker Neuson is the partner ofchoice among professional users in construction, gardening, landscaping andagriculture, as well as among municipal bodies and companies in theindustrial and recycling sectors.End of Corporate News---------------------------------------------------------------------05.10.2011 Dissemination of a Corporate News, transmitted by DGAP - acompany of EquityStory AG.The issuer is solely responsible for the content of this announcement.DGAP's Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de---------------------------------------------------------------------Language: English Company: Wacker Neuson SE Preußenstr. 41 80809 München Germany Phone: +49 - (0)89 - 354 02 - 0 Fax: +49 - (0)89 - 354 02 - 390 E-mail: info@wackerneuson.com Internet: www.wackerneuson.com ISIN: DE000WACK012 WKN: WACK01 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 141285 05.10.2011
