Annual general meeting 2006
Shareholders approve all IWKA AG resolutions
June 1, 2006
IWKA Aktiengesellschaft's shareholders approved all of the resolutions of the Executive and Supervisory Boards of IWKA Aktiengesellschaft at the annual general meeting in Karlsruhe. The company's sitting Executive and Supervisory Boards were discharged from responsibility. They received an approval rating of over 99 percent. The agenda item regarding creation of authorized capital of up to fifty percent of total share capital was approved by over 91 percent of the shareholders attending the meeting. The percentage of share capital representing shareholders attending the annual general meeting was over 38 percent of total share capital.
Shareholders voted new member Prof. Dr.-Ing. Gerd Hirzinger to the Supervisory Board. Hirzinger is the director of the DLR Institute of Robotics and Mechatronics in Seefeld.
At the shareholder meeting, Wolfgang-Dietrich Hein, CEO of IWKA Aktiengesellschaft, emphasized, "Our goal is to create a new, flexible IWKA that is seen as a proactive company by the world market. By disposing of our non-core businesses, we have made room to prepare our company for the challenges of the future. IWKA is back on track for growth and will fulfill the hopes of its shareholders, employees and customers."