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Pressemitteilung BoxID: 200575 (S&T System Integration & Technology Distribution AG)
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  • Gabriela Mair
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Auer von Welsbach joins S&T Supervisory Board

One of the major shareholders takes an active role

(PresseBox) (Vienna, ) Dr. Wolfgang Auer von Welsbach has joined the S&T Supervisory Board. This was agreed today at an S&T extraordinary general meeting. His AvW Group currently owns around 27% of the company’s stock and he will apply in his new role his market know-how in order to contribute to the company’s further positive development.

“We are delighted with the commitment of one of our key shareholders in our Supervisory Board,” says Christian Rosner, S&T CEO. During an extraordinary general meeting held on 29th August 2008, Dr. Auer von Welsbach was elected onto the S&T Supervisory Board for a period that extends until the annual general meeting at which the 2011 financial year will be signed off. In 1991 he founded the AvW Group, where he has since been the Chairman of the Board. Headquartered in Krumpendorf am Wörthersee, the company has since become one of Austria’s most successful and profitable investment companies. The AvW Group currently holds around 27% of S&T’s stock. Dr. Wolfgang Auer von Welsbach: “As a Supervisory Board member I can contribute the AvW Group’s expertise to S&T and provide personal input to the management.”

In addition to Dr. Auer von Welsbach, the S&T Supervisory Board is comprised of the following members: Ing. Mag. Thomas Streimelweger (Chairman) and Univ.-Prof. Dr. Reinhard Moser (Vice Chairman), as well as Dkfm. Dr. Franz Jurkowitsch, DDr. Karl Michael Millauer, Ing. Karl Nigl, Dr. Ernst Nonhoff and Dr. Kurt Waniek.

S&T System Integration & Technology Distribution AG

With about 2,800 employees and sales of €513.4m in 2008, S&T is the leading provider of IT consulting, IT solutions, and IT services for customers in Central and Eastern Europe, Germany, Austria and Switzerland, and also has branches in Japan and China. The S&T Group comprises around 70 subsidiaries successfully representing the company in 21 countries. The core business of S&T is IT consulting, as well as the development, implementation and operation of custom IT solutions, processes and systems. S&T supports large and medium sized companies along the entire IT value-adding chain. S&T focuses on customers in the manufacturing and retail industries, telecommunications, the public sector, and also financial service providers, utilities and energy suppliers. S&T AG has its corporate headquarters in Vienna and has been listed on the Vienna Stock Exchange since 2003.