DGAP-News: Goran Mihajlovic appointed COO of STILL

2009-11-25

Goran Mihajlovic appointed COO of STILL

Wiesbaden/Hamburg, 25 November 2009 - Goran Mihajlovic (39) has been appointed to the management board of STILL GmbH with effect from 1 December 2009. He is to head up the newly created production division where he will focus on further advancing production optimisation at the company. STILL's management board now consists of Dr Rolf Karg (CEO), Karl-Heinz Birkner (CFO) Bert-Jan Knoef (sales and marketing) and Goran Mihajlovic (COO).

Dr Rolf Karg, CEO of STILL GmbH, said: 'I am very pleased that the important area of production is now represented on the STILL management board. Goran Mihajlovic has worked for STILL since the beginning of 2008 and during his time with us he has made substantial and lasting improvements to our production efficiency. As STILL's CEO, I shall be focusing even more strongly than before on its strategic positioning.'

Gordon Riske, chairman of the STILL GmbH supervisory board and CEO of the KION Group, added: 'Goran Mihajlovic has more than 15 years of experience in the industrial-truck industry and he is an ideal addition to the STILL management team. He will help to secure and increase STILL's long-term competitiveness, which will also be enhanced by the integration of the reach-truck production business and its relocation from Reutlingen to Hamburg.'

Goran Mihajlovic, who is a qualified industrial engineer, has worked for STILL since 2008, firstly as head of the counterbalance-truck business line and then as manager of its Hamburg site. In the latter role he was also responsible for coordinating the STILL Group's other production sites around the world. From 2001 to 2008, he worked for the OM brand company in Italy, also part of the KION Group, where he started as head of purchasing and logistics before becoming head of warehouse equipment in 2003. Between 1994 and 2001, he held various managerial positions with industrial truck manufacturers in Germany and the UK.

The Company
STILL GmbH is based in Hamburg, Germany, and is a leading supplier of intelligent solutions for managing companies' intralogistics, which covers all their internal flows of materials and information. It employs about 6,400 people worldwide and generated revenue of approximately EUR1.6 billion in 2008. STILL is a member of the KION Group, whose Linde, STILL and OM and Baoli brands make it the leader in the European market for industrial trucks, the biggest international manufacturer in China and the second-largest in its sector worldwide. The KION Group employed over 20,000 people and generated revenue of around EUR4.6 billion in the 2008 financial year.

For further information please contact
Michael Hauger
Head of Communications and Investor Relations
Tel.: +49 (0)611 770 655
Email: michael.hauger@kiongroup.com

Frank Kopfinger
Head of Investor Relations, KION Group
Tel.: +49 (0)611 770 220
Email: frank.kopfinger@kiongroup.com

Jürgen Wrusch
Press Officer, STILL GmbH
Tel: +49 (0)40 7339 1508
Email: juergen.wrusch@still.de

Contact

Contact

Michael Hauger

Senior Vice President Corporate Communications

Contact

Frank Grodzki

Senior Director Corporate External Communications & Group Newsroom

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