08.03.2010

Nordseewerke under SIAG flag

Change of ownership of the Emden site completed

Dernbach, March 8th 2010 – SIAG Schaaf Industrie AG, leading supplier for the power generating industry with headquarters in Dernbach, takes over Nordseewerke in Emden on March 8th 2010. After signing the contract October 23rd 2009 the change of ownership of the Emden site is completed as of today. SIAG

SIAG produces steel components for the offshore-technology on an area of 550.000 sqm and with a hall space of 75.000 sqm: offshore wind energy towers, main frames, jackets, tripods, monopiles, transition pieces as well as substation platforms. Herewith SIAG Nordseewerke GmbH is the biggest offshore – production site for steel components.

ThyssenKrupp Marine Systems (TKMS) will remain tied to the Emden location: TKMS Blohm + Voss Nordseewerke will retain their shipbuilding expertise in the naval surface vessel and submarine engineering sectors as well as in the repair and outfitting sector at the Emden location.

In the course of the year 2010, it is intended

• to combine the naval surface ship engineering sector in Emden with the activities at the Hamburg location in a single company and to continue the activities at both locations,

• to separate the submarine engineering section in Emden to become a branch of Howaldtswerke-Deutsche Werft in Kiel and

• to continue the repair and outfitting activities in Emden under the name „Emder Werft und Dockbetriebe“ as part of ThyssenKrupp Marine Systems.

At the closing date, a total workforce of about 450 will be employed at TKMS Blohm + Voss Nordseewerke in Emden, whereas SIAG Nordseewerke will have a workforce of about 700 employees, most of them taken over from the production sector.

„The target to create safe jobs, to avoid operational redundancies and to safeguard future prospects in Emden has been reached. The transformation process has already started and we will be able to produce the first production line on short time. All of this is only possible if everybody works together and we do not lose sight of our common goal. SIAG started in 1996 with only a few employees, today we belong to the biggest steel construction companies of the supplier sector of the power generating industry. This day marks a sign to consolidate our market leadership also in the offshore wind industry“, said Rüdiger Schaaf, CEO of SIAG Schaaf Industrie AG at the completion of the selling process.


SIAG Schaaf Industrie AG

SIAG Schaaf Industrie AG has developed from a classical steel construction company to a leading supplier for the power generating industry since the last 14 years. SIAG Group worldwide employs 2,000 staff at 13 locations in Europe, Africa, Asia and the USA. Our core competence is divided into four business units:

• Wind Energy Technology Onshore
• Wind Energy Technology Offshore
• Environment and  Energy Technology
• Mechanical Engineering

SIAG’s target markets are wind turbine manufacturers for onshore and offshore wind farms as well as the power generating industry in the nuclear, conventional and alternative sector. SIAG combines the benefits of being a medium-sized industrial company and the effectiveness of market leadership. Our flat hierarchies enable us to respond quickly to new market requirements.


ThyssenKrupp Marine Systems

ThyssenKrupp Marine Systems is a leading European systems house providing submarines, naval surface ships and premium segment yachts to customers globally. The company’s outstanding shipbuilding competence includes repairs, services, and ships’ components. With its headquarters in Hamburg, ThyssenKrupp Marine Systems with about 7,500 employees and a turnover of about 1.5 billion € in financial year 2008/2009 is part of the Marine Systems business area within the ThyssenKrupp Group.