Corporate News
Positive outlook for the 4th quarter 2012/2013
Zörbig/Leipzig, May 8, 2013 – To be more flexible and react quicker to changing market conditions, particularly in terms of the raw material sourcing, the VERBIO Management Board has decided to sell the Märka GmbH. As an alternative, the Management Board is also looking into a sale of particular Märka sites as well as the establishment of a joint venture for Märka. For this reason, as of the balance sheet March 31, 2013, the assets of Märka GmbH and its subsidiaries were classified in a disposal group as held for sale.
Changed regulatory framework conditions as well as market distortions lead to extraordinary depreciations and strategic restructuring of the group
Zörbig/Leipzig, 30 April 2013 – According to available preliminary figures, VERBIO Vereinigte BioEnergie AG produced overall 376,919 tons biofuels following to 442,676 tons in the same period of the previous year.
BUSINESS DEVELOPMENTS IN THE 2ND QUARTER OF 2012/2013 PROFITED FROM A DROP IN ILLEGAL IMPORTS
Zörbig / Leipzig, February 7, 2013 — VERBIO Vereinigte BioEnergie AG (VERBIO) posts consolidated sales in the first six months of its financial year 2012/2013 of EUR 408.8 million (1 HY 2011/2012: EUR 439.0 million) which is 7 percent down from the previous year level.
VERBIO GIVES UP PIONEERING ROLE
Leipzig, 6 December 2012 – At today’s works meetings held in Leipzig and at the various production sites, the Management Board of VERBIO Vereinigte BioEnergie AG informed the staff about a package of measures that foresees a curtailment in investments in the construction of new biomethane plants in eastern Europe as well as a cost savings programme combined with personnel cuts.
Competition distorting imports make the start of the new financial year 2012/2013 harder for VERBIO AG
Zörbig/Leipzig, 8 November 2012 – In the first quarter of its new business year 2012/2013, VERBIO Vereinigte BioEnergie AG (VERBIO) reports group revenue of EUR 217.5 million (Q1 2011/2012: EUR 224.4 million), thereby falling short of the value in the previous year.