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MEYER BURGER (GERMANY) AG EQS-News: Meyer Burger strengthens management team for production and supply chain

Transparency directive : regulatory news

25/05/2021 18:33

EQS Group-News: Meyer Burger Technology AG / Key word(s): Personnel
Meyer Burger strengthens management team for production and supply chain

25.05.2021 / 18:33


  • Daniel Menzel appointed Managing Director of Meyer Burger (Industries) GmbH
  • His responsibilities include production, global supply chain, purchasing, and quality assurance
  • The company is thus well-positioned operationally for further expansion steps and an accelerated growth path as a manufacturer of high-performance solar cells and modules.

Meyer Burger Technology Ltd appoints an additional Managing Director for Meyer Burger (Industries) GmbH with immediate effect: within the group, Daniel Menzel (born 1979) will be responsible for production, supply chain and purchasing, as well as logistics and quality assurance. With the strengthened management team, Meyer Burger is supporting its growth strategy and is now entering the next phase of production expansion. Manufacturing of Meyer Burger's heterojunction solar cells and SmartWire solar modules will start shortly at the new sites in Thalheim (city of Bitterfeld-Wolfen, Saxony-Anhalt, Germany) and Freiberg (Saxony, Germany) with an annual production capacity of 400 MW. In the medium term, Meyer Burger plans to expand capacity to over 5 GW, also with new sites in strategically relevant end markets.

Daniel Menzel holds a degree in business administration and business law. A German national, he worked for Solarworld for more than ten years and was responsible for purchasing, sales, and supply chain management in various functions locally and globally. Most recently, he was managing director of a stainless steel and metal processing company. Together with Moritz Borgmann, who is responsible for solar module sales, product management, business development and marketing at Meyer Burger, he will drive the expansion of the production sites.

"We are very pleased to have Daniel Menzel on board, an expert in manufacturing, supply chain and quality assurance who has known the industry for many years and will bring his extensive knowledge to Meyer Burger," said CEO Gunter Erfurt. "He complements our team perfectly and, with his experience, will contribute to the success of our new strategy and growth plan."

The establishment of Meyer Burger's own production plants for solar cells and solar modules is proceeding according to plan. The Thalheim site was officially opened on May 18, whereas the Freiberg site will open on May 26. Ramp-up of the factories has started, and shipments of solar modules will commence in July. Sales of the high-performance modules has got off to a successful start with the product launch on April 27, which has generated high demand from wholesalers, installers, and end customers.

Contacts:

Meyer Burger Technology Ltd Dynamics Group AG
Anne Schneider Andreas Durisch
Head Corporate Communications Senior Partner
M. +49 174 349 17 90 T. +41 43 268 27 47
  M. +41 79 358 87 32
anne.schneider@meyerburger.com adu@dynamicsgroup.ch


End of Media Release


Language: English
Company: Meyer Burger Technology AG
Schorenstrasse 39
3645 Gwatt
Switzerland
Phone: +41 033 221 28 00
E-mail: mbtinfo@meyerburger.com
Internet: www.meyerburger.com
ISIN: CH0108503795
Valor: A0YJZX
Listed: SIX Swiss Exchange
EQS News ID: 1200497

 
End of News EQS Group News Service

1200497  25.05.2021 

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