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Corporate Values
Corporate Values

Successful Management

Miba’s goal is to grow profitably over the long term. Sustainability is a key component of our corporate strategy; our shareholders benefit from an appropriate ROCE (return on capital employed); and we help drive the economy as a whole by investing and paying taxes.
Growth Driven by Technology Leadership [+]
Technology Leadership is one of Miba’s core values and a key driver for our success. Our technology is in demand all around the world, and we make a vital contribution to customers' ability to innovate and stay competitive. Our products are market leaders thanks to our focus on R&D.

Miba makes mobility more environmentally friendly, safer and more efficient. "Green products" and ecological efficiency in production are the basis for tomorrow's success, and we see "green markets" as opportunities.
Creating Value for our Stakeholders [+]
As an employer and investor of significant sums at all locations, we add value and contribute to economic growth and social stability. In the period 2005-06 to 2007-08, retained monetary value rose 18% cent to 25.5 million euros. Operating costs and personnel costs accounted for the largest portion of expenditures (90%).

in million
EUR
Operating
costs
Personnel
costs
Interest
expenses
Dividends paid
(previous year)
Tax
(not including
deferred taxes)
Retained
monetary value
2005-06195.95120.861.963.645.0921.62
2006-07202.38125.032.283.648.5426.91
2007-08228.39121.403.003.647.7825.49

Honest, Fair Market Participant [+]
Miba is an honest, fair market participant, and adheres to national laws and international agreements. A code of ethics covering the receiving of gifts and personal privileges, approved by the Miba Management Board during the 2007-08 business year and disseminated throughout the group, states that Miba employees must refuse gifts in excess of an agreed amount.