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2005/2006
2005/2006
12.01.2006
Miba commemorates its founding father, Franz Mitterbauer
Last week Miba, a strategic partner to the international engine and vehicle industry, commemorated Franz Mitterbauer, the founding father of the Miba group. The father of the Chairman of the Board, Peter Mitterbauer, would have celebrated his 100th birthday on 2 January 2006.

A celebration held in his honour recalled the achievements of this pioneer in economic history. In 1927 Franz Mitterbauer, then 21 years old, set up a small repair and production workshop for engine parts in Laakirchen. This was the foundation stone of the current Miba group.

„His pioneering spirit and values – a passion for success, technological leadership, entrepreneurship and life-long learning – are the key to the success of Miba and today the employees of Miba continue this tradition. It is in our genes“, the CEO of Miba, Peter Mitterbauer, comments. What started as a one-man company has since become a powerful group employing 1,400 people in Laakirchen, Vorchdorf and Roitham. The company is one of the largest employers in this region. In global terms, 2800 employees work for Miba.

In acknowledgement of his accomplishments in the field of mechanical engineering, Franz Mitterbauer was awarded an honorary doctorate from the Technical University in Graz in 1976.

The training of apprentices was always a matter close to the heart of the company’s founder. And today apprentice training is a central part of the Miba training package. Around one third of Miba employees in Austria started their career in the company as apprentices. At the current moment around 90 apprentices are being trained as production technicians and electrical plant technicians.



The Miba Group The Group with its Head Office in Laakirchen (Upper Austria) is a strategic partner and supplier of the international engine and automotive industry. Sintered components, bearings and friction linings for motor vehicles, trains, ships, airplanes and power plants are produced in nine locations worldwide. Miba products make vehicles more powerful, safer and more environment-friendly. Miba employs approximately 2,700 people, about half of whom work at our Austrian sites in Laakirchen, Vorchdorf and Roitham. Sales revenue for the listed company during the 2004/05 business year amounted to 328 million EUR with an operating result of 23.3 million EUR.

16.12.2005
Miba continues to expand after three quarters in 2005/06
- Sales volume increased by six percent, operating result increased by three percent - The non-automotive sector: the driving force behind growth

Miba, strategic partner and supplier of the international engine and automotive industry, displayed a further increase in sales volume and operating result at the end of the third quarter of 2005/06. For the first nine months of the current business year, consolidated sales volume rose by six percent to 258.6 million EUR. The operating result (EBT) increased by three percent to 17.8 million EUR. The non-automotive sector was the driving force behind growth. Miba strengthens its position as technology leader From February to October 2005, Miba’s consolidated sales volume rose by six percent to 258.6 million EUR. During the same time period, the operating result (EBT) increased by three percent to 17.8 million EUR. “Two factors are hampering our net profit growth, namely the tense situation in the automobile industry and the rising cost of raw materials and energy,” stated Miba CEO Peter Mitterbauer. Miba’s position as technology leader was strengthened during the first three quarters. According to a recent survey by the EU Commission, Miba is one of the top 500 European companies when it comes to investing in research.

With 45.6 percent, Miba Sinter Group contributed the largest share of sales volume, followed by Miba Bearing Group with 37.0 percent and Miba Friction Group with 17.4 percent. “Miba is becoming increasingly important outside of the automobile industry. We are generating more than half of our Group sales in this sector,” explained Peter Mitterbauer. In the first three quarters, cash flow from operations decreased from 35.7 to 32.4 million EUR due to a necessary inventory increase and the reduction of short-term liabilities. At the reporting date of October 31, 2005, Miba had 2,736 employees. The increase by 247 employees as compared to the reporting date for the previous year is mainly due to Miba’s acquisitions and new business start-ups in Slovakia and Austria. Moreover, the growth in sales volume necessitated additional staff.
  1st to 3rd quarter 2005/061st to 3rd quarter 2004/05
Sales volume (in millions of €)258.6244.5
EBT (in millions of €)17.817.3
Investments (in millions of €)37.316.6
Number of employees (as at October 31)2,7362,489


Miba Sinter Group’s market situation remains tense During the first three quarters of the 2005/06 business year, the European automobile market was characterized by continuing weak demand and rising costs of raw materials. Compared to the previous year, automobile production in Western Europe decreased by 1.3 percent to 14.9 million vehicle units produced. At the same time, raw materials, such as iron and steel powder saw significant price increases. Miba Sinter Group’s sales volume decreased by just under four percent in the first three quarters of the current business year. Adjusted for the sale of the Turin site with effective date of July 31, 2004, sales volume is at the same level as last year. “Miba Sinter Group is rising to meet these external challenges with permanent cost and capacity optimizations at all its sites,” commented Peter Mitterbauer.

Miba Bearing Group achieves a 17 percent increase in sales volume Due to the high demand for transportation capacities, Miba Bearing Group was able to increase its sales volume by 17 percent during the first three quarters of the business year as compared to the previous year. Miba Bearing Group continued to hold onto its large market share with the main US locomotive engine manufacturers. European demand also remained stable. The newly-founded US subsidiary Advanced Bearing Materials, a joint venture of the Miba Bearing Group and the German KS Bearings company, has been supplying both parent companies with lead-free bronze and brass composite materials since September 2005. This joint venture enables Miba Bearing Group to secure its long-term supply with cast leaded bronze.

Miba Friction Group benefits from the dynamic market environment The sustained high demand for Miba friction linings for high-speed trains, construction machinery and commercial vehicles enabled Miba Friction Group to increase its sales volume by ten percent in comparison with the previous year. The tractor industry was the only exception with a decline in sales, leading to a reactionary increase in price pressure on the component suppliers. In the Slovakian town of Vráble, Miba Steeltec, a production plant for steel plates, will be constructed and operational before the end of the year in line with our forecast. The first production lines were installed at the Vráble site during the third quarter.

Outlook: Slight increase in sales volume “In light of the positive business developments witnessed in the first three quarters of 2005/06, we are expecting a slight increase in sales without any change to the earnings situation,” stated Peter Mitterbauer. “Cost pressure continued to remain high at the beginning of the fourth quarter as well and will probably continue to do so in the first half-year of 2006/07.“ Miba will use its clear-cut strategic orientation towards technology leadership to rise to these new challenges.



The Miba Group The Group with its Head Office in Laakirchen (Upper Austria) is a strategic partner and supplier of the international engine and automotive industry. Sintered components, bearings and friction linings for motor vehicles, trains, ships, airplanes and power plants are produced in nine locations worldwide. Miba products make vehicles more powerful, safer and more environment-friendly. Miba employs approximately 2,700 people, about half of whom work at our Austrian sites in Laakirchen, Vorchdorf and Roitham. Sales revenue for the listed company during the 2004/05 business year amounted to 328 million EUR with an operating result of 23.3 million EUR.

15.09.2005
Miba asserts itself in a dynamic market environment
- Seven percent increase in sales volume in the first half of 2005/06 - More than half of the business originated outside the automobile industry

As a strategic partner of the international motor and vehicle industry, Miba realized consolidated sales of 178.4 million euros during the first half of 2005/06 despite the inconsistent development of its customer markets. This amounts to a seven percent increase over the previous year. All growth originated outside of the automotive sector. This was the first time that considerably more than half of the sales volume was generated outside of the automobile industry. Whereas Miba Bearing Group benefited from the continued high demand for transportation capacities, Miba Friction Group and Miba Sinter Group were faced with increased price pressure and climbing raw materials costs. "Our customer markets developed in very different ways during the first half of the year ", stated Miba's CEO Peter Mitterbauer. "The demand for transportation capacity - from commercial vehicles and locomotives up to ship-building - is very positive. At the same time, we are confronted with slightly declining production numbers in the European automobile industry and a weakening demand for tractors". Despite this inconsistent market environment, Miba was able to increase both its sales volume and its operating result and assert its position as technology leader.

Sales volume and operating result increased during the first half of 2005/06 From February until July 2005, a consolidated sales volume of 178.4 million euros was generated, i.e. a seven percent increase. The largest portion of the sales volume was generated by Miba Sinter Group with 45.5 percent, followed by Miba Bearing Group with 37.6 percent and Miba Friction Group with 16.8 percent. The Group's earnings before taxes (EBT) developed equally positive and with 16.8 million euros exceeded last year's comparable time period's earnings by approximately six percent. Cash-flow from operations decreased from 20 to 18.5 million euros during the same time period. The slightly reduced cash-flow is a result of a precautionary inventory increase at the Friction Group due to the impending relocation of the Sheffield site to Vráble.

First half-year 2005/06First half-year 2004/05
Sales volume (in millions of €)178.4166.6
EBT (in millions of €)16.815.9
Investments (in millions of €)21.610.0
Number of employees (as at July 31) 2.741 2.577


Development of Miba Sinter Group constant As a result of slackening demand, price pressure and increasing raw material costs in the first half-year of 2005, Miba Sinter Group recorded a four percent lower sales volume in comparison to last year. However, adjusted for the sale of the Turin site effective as of July 31, 2004, the sales volume was at the same level as last year. During the first seven months of the current year, automobile production in Europe decreased by 0.8 percent to 10.9 million vehicles compared to the same time period of last year. The Slovakian site of Dolny Kubin showed the strongest growth and needed additional production capacity. The adjacent company Metalsint with 90 employees was acquired with an effective date of June 30, 2005. This acquisition is another step towards further expanding Miba's presence in Slovakia.

Miba Bearing Group realizes a 20 percent increase in sales volume As a supplier of the internationally leading engine manufacturer, Miba Bearing Group benefits from the strong demand for transportation capacity, be it on roads, tracks or water. Compared to the previous year, a 20 percent increase in sales volume was realized. During the first half-year of 2005, the two major US producers of locomotive engines exclusively used bearings from Miba Bearings US. European demand also proved pleasantly stable. To keep up with growth, a new production line for small bearings was put into operation at the Laakirchen site. This represents one of the largest individual investments made at the Laakirchen site since the plant was established. Miba Friction Group receives serial orders from the US For Miba Friction Group, the first half of the year was characterized by a strong demand for friction materials for tractors and construction machinery. Sales volume was increased by 10 percent over the previous year. Order status and earnings from operations clearly exceeded budget expectations. Miba HydraMechanica, the Miba Friction Group's production site in the US, is increasingly becoming an important supplier of the US automobile plants. Important serial orders were received during the second quarter. At the Roitham site in Austria, a new and automated production line for clutch linings was installed to further increase productivity.

Outlook: Continued expansion of technological leadership A renewed start-up of the automobile business activity in Europe during the second half of the year does not seem likely. Therefore, Miba Sinter Group's outlook is cautious. Miba Friction Group is cautiously optimistic. On the other hand, Miba Bearing Group's customer markets are displaying unrestrained dynamics. "For the 2005/06 business year, we are expecting a slight increase in sales volume in combination with a constant earnings position", explained Peter Mitterbauer. "Our clear orientation and the consistent execution of our strategy prove to be ideal, especially in a difficult market environment".
15.09.2005
Miba and KS Bearings establish US Joint Venture
- 50:50 Joint Venture ABM secures the supply of bearing input stock - Further quality improvements through process optimization possible

On September 13, Miba Bearing Group and the German KS Bearings established the joint subsidiary Advanced Bearing Materials (ABM) in Greensburg (IN), USA. In the future, ABM will supply both companies with cast bronze and brass compound materials with and without lead. This will allow Miba to secure its long-term supply of cast lead-bronze, optimize production processes and further increase the quality of its bearings. Both companies see a sustained potential for long-term cooperation. “Due to the unfavorable development of the international raw materials market, we have decided to produce the input stock of our bearings“, stated Wolfgang Litzlbauer, CEO of Miba Bearing Group. An ideal partner was found in the German Kolbenschmidt Group. Both companies own 50 percent of the newly-established company, Advanced Bearing Materials. With its 30 employees, ABM covers the needs of Miba Bearing Group for larger strip thickness as well as the needs of Kolbenschmidt for reduced wall thickness. It was agreed that neither party would reveal the investment amount.

“Our self-supply with raw materials also allows us to develop new, trend-setting materials and further optimize the production processes. Our customers will benefit from further quality improvements and innovative products”, stated Litzlbauer. Both Miba and KS see further possibilities for cooperation. For example, the joint development of bearing materials and coating systems offers potential for the future.
05.09.2005
New Vice President Human Capital
As of November 1st, Bernhard Reisner – currently HC Operations Manager at Miba Frictec GmbH and Miba AG – will succeed as new Vice President Human Capital. Bernhard Reisner has significantly contributed to the development of the HC Management in Miba Group. He is therefore the ideal candidate to safeguard a continuous execution of the HC strategy. Until June 2006 he is supported by Gabriele Gerach-Schwarzer who will act as an external consultant.

Bernhard Reisner has been working for Miba Group since 2000. He is married and father of a son.

Miba Group The Group, which has its headquarters in Laakirchen/Upper-Austria, is a strategic partner and supplier to the international automotive and vehicle industry. Products from Miba make vehicles more powerful, safer and more environmentally-friendly. Miba employs around 2,700 employees, around half of whom work in Austrian sites in Laakirchen, Vorchdorf and Roitham. In the fiscal year 2004/05 the sales of the company, which is listed on the Stock Exchange, totalled € 328 million with an operating result of € 23.3 million
08.07.2005
Miba Gleitlager mit dem Pegasus 2005 in Bronze ausgezeichnet
Die Miba Gleitlager GmbH wurde mit dem Pegasus 2005 in Bronze ausgezeichnet. Hier können Sie die Videos von der Preisverleihung runterladen:

Preisverleihung (27MB, MPEG Video)

Präsentation (10MB, MPEG Video)
01.07.2005
Miba extends production site in Dolny Kubin
As of June 30, 2005 Miba has taken over Metalsint a.s. in Slovakia through an Asset Deal. Metalsint is a neighbour of Miba Sinter Slovakia in Dolny Kubin. It was founded in 1994 and in the preceding year it recorded sales of € 3.0 million. The Slovakian company mainly produces sintered components and sintered metal filters. The main reason for the take-over of this neighbouring production facility is the need for additional capacities in the face of the strong growth at the Dolny Kubin plant. The Miba Sinter Group takes over the production hall, land, a share of the customers and 90 employees of Metalsint

Miba Group The Group, which has its headquarters in Laakirchen/Upper-Austria, is a strategic partner and supplier to the international automotive and vehicle industry. Products from Miba make vehicles more powerful, safer and more environmentally-friendly. Miba employs around 2,600 employees, around half of whom work in Austrian sites in Laakirchen, Vorchdorf and Roitham. In the fiscal year 2004/05 the sales of the company, which is listed on the Stock Exchange, totalled € 328 million with an operating result of € 23.3 million
26.06.2005
The best production technician in Upper-Austria comes from Miba
The Economic Chamber of Upper-Austria has now elected the best industrial apprentices in Upper-Austria. Miba reaped success two times over: Michaela Markgraf from Miba Gleitlager GmbH in Laakirchen came in first in the category for „women and technology“. And Roland Mair from Miba Sinter Austria GmbH in Vorchdorf was voted the best production technician in Upper-Austria. Ex aequo David Wimmer from Miba Gleitlager and Michael Mitterhauser from Miba Sinter Austria were runners-up in this professional category. All in all 637 apprentices from 99 industrial companies took part in the competition.

Of the 14 apprentices from Miba, who demonstrated their ability at the Apprentices’ Competition 2005, eleven were awarded the mark “very good”. With an overall average number of points of 91.5 Miba is, as in the past, clearly above the Austrian average and thus one of the most successful apprentice training companies in Upper-Austria. „The marks obtained by our apprentices show that we can rely on the next generation. Our young employees are on the right track and in the future they will make a major contribution to the success of our company“, Norbert Schrüfer, Member of the Board of Miba AG, commented at the Award Ceremony last Wednesday in Hollywood Megaplex in Pasching.

Miba Group The Group, which has its headquarters in Laakirchen/Upper-Austria, is a strategic partner and supplier to the international automotive and vehicle industry. Products from Miba make vehicles more powerful, safer and more environmentally-friendly. Miba employs around 2,600 employees, around half of whom work in Austrian sites in Laakirchen, Vorchdorf and Roitham. In the fiscal year 2004/05 the sales of the company, which is listed on the Stock Exchange, totalled € 328 million with an operating result of € 23.3 million.
16.06.2005
Miba Group: Increased sales revenue and profit for the first quarter of 2005/06
* Consolidated sales revenue: 86.6 million Euros – a seven percent gain * Earnings before taxes: 8.2 million Euros * Cautiously optimistic outlook for the 2005/06 business year Miba, a strategic partner and supplier of the international engine and automotive industry, generated 86.6 million Euros in sales revenue during the first quarter of 2005/06. This corresponds to a seven percent sales revenue increase as compared to the same period in 2004/05. With 8.2 million Euros, earnings before taxes exceeded the figures recorded in the first quarter of 2004/05 by nine percent. Miba benefited primarily from the high demand in the segments Tractors, Construction Machinery and Commercial Vehicles, but also from the dynamic growth in the ship-building industry in Europe and the Far East. Miba Group’s segments produce sintered components, bearings and friction materials for automobiles, trains, ships, airplanes and power plants at nine sites worldwide. The largest sales revenue percentage was generated by Miba Sinter Group with 47.3 percent, followed by Miba Bearing Group with 35.6 percent and Miba Friction Group with 17.1 percent.

"During the first quarter, we were confronted with a very inconsistent market environment," explains Miba’s CEO, Peter Mitterbauer. Production numbers in the European automobile industry, Miba Sinter Group’s main market, declined slightly. Miba Friction Group and Miba Bearing Group benefited from the strong demand for tractors, construction machinery and commercial vehicles. Ship-building in Europe and the Far East displayed equally dynamic growth. The commodity markets remained volatile. Whereas steel prices stabilized, iron and steel powder prices increased significantly as compared to the same period last year. "Nevertheless, we were able to substantially increase sales revenue and profit,” stated Mitterbauer.

Cautiously optimistic outlook for the 2005/06 business year In general, Miba’s business performance for the 2005/06 business year will be influenced by the Euro/Dollar exchange rate. Furthermore, in all three business segments Miba is expecting price increases for raw materials and energy, which will have to be offset by productivity gains. "I believe that a constant earnings position combined with a slight increase in sales revenue is a realistic forecast for the 2005/06 business year,” stated Peter Mitterbauer.

Miba Group The Group with Headquarters in Laakirchen/Austria is a strategic partner and supplier of the international engine and automotive industry. Miba’s products make vehicles more powerful, safer and more environmentally friendly. Miba has 2,600 employees, about half of them at its Austrian sites in Laakirchen, Vorchdorf and Roitham. Total sales revenue of the listed company during the 2004/05 business year amounted to 328 million Euros with income from operations totaling 23.3 million Euros.

19.05.2005
Miba takes over coating specialist
As of 15 May 2005, Miba AG acquired the business division „Tribocoat/Spacecoat“ of Platingtech Kollmann & Co GmbH in Niklasdorf near Leoben through its one hundred percent subsidiary „High Tech Coatings GmbH“. For Miba, strategic partner to the international engine and vehicle industry, this acquisition represents the further expansion of Miba’s competence in the field of highly specialised surface coatings.

In the course of an asset deal, Miba took over the 12 employees and the installations of „Tribocoat/Spacecoat“. The company will be continued in the site in which it is currently located. An agreement has been made to keep the purchase price secret. High Tech Coatings GmbH specialises in the coating of pulleys with a special layer of varnish and supplies the European automobile industry. Günter Hehenfelder, an experienced employee of Miba, has been appointed MD of High Tech Coatings GmbH.

The Miba group The group with its headquarters in Laakirchen/Upper-Austria is a strategic partner and supplier to the international engine and vehicle industry. In nine sites around the globe, Miba manufactures sintered components, engine bearings and friction materials for motor vehicles, the railway, ships, aircraft and power stations. Products from Miba make vehicles more powerful, safer and more environmentally-friendly. The Miba group employs a staff of 2,600 employees, around half of whom are employed in Austrian sites in Laakirchen, Vorchdorf and Roitham. The sales of the company, which is listed on the Stock Exchange, totalled € 328 million in the preceding fiscal year (as of 31.1.2005) with an operating result of € 23.3 million.
03.05.2005
Press Conference on business year 2004/05: Miba continues profitable growth
* Significant increase of turnover by 11% to 328 million EUR

* Opening up China, the market of the future, planned up until 2006/07 Miba, strategic partner and supplier of the international engine and automotive industry, has increased its turnover for the 2004/05 business year by over 11 percent up to 328 million EUR. The operating result (EBT) of 23.3 million EUR exceeded that of the previous year by 8 percent. Without the weakening of the US-dollar against the Euro the growth of the company would have been even more significant. All of the three core businesses made their contribution. Miba Bearing Group saw the most dynamic development strongly benefiting from the economic growth in the Far East. During the 2006/07 business year, the first Miba engine bearing will be produced in China. “Miba asserted itself well in last year’s dynamic and challenging business environment," stated Miba CEO Peter Mitterbauer. “We were able to expand our market leader position through consistent technological progress in all three core divisions: Sintered Components, Engine Bearings and Friction Materials." This enabled Miba to get considerably closer to its goal for 2008: No motorized vehicle without Miba technology. Miba’s annual result for 2004/05 The Group’s consolidated turnover revenue amounted to 328 million EUR as compared to 294 million EUR during the reference period for the previous year. This represents an increase of more than 11 percent. The increase in turnover during the 2004/05 business year has to be seen in the context of a continuously declining dollar exchange rate to the euro. If last year’s turnover were calculated at the average dollar exchange rate for the 2003/04 business year, turnover would be 3.6 million EUR higher.

The allocation of turnover per business division is similar to that of previous years. Miba Sinter Group contributed 49.1 percent to total turnover during the 2004/05 business year. Miba Bearing Group contributed 34.3 percent of turnover. Miba Friction Group, the third and newest business division, contributed 16.6 percent to turnover.

The Group’s earnings before taxes (EBT) in 2004/05 of 23.3 million EUR (as compared to 21.6 million EUR in the previous year) remained at a continuously high level. The net income for the year reached 17.5 million EUR for the reporting period and thus exceeded last year’s result by 2.6 million EUR. Cash flow from operations also developed favorably: at 39.1 million EUR, 10.8 million EUR more were generated than during 2003/04. “Cash flow and our high shareholder’s equity of more than 50 percent clearly illustrate Miba’s earnings power and solid financial structure," stated Chief Financial Officer Siegfried Dapoz. Miba Bearing Group: Taking advantage of market opportunities in the Far East Miba Bearing Group took optimum advantage of market opportunities in the Far East during the previous business year and managed a turnover of 112 million EUR. Compared to last year, this amounts to an increase of 18.6 percent or 17.6 million EUR. Besides our production sites in Laakirchen (Austria) and McConnelsville (U.S.A.), our sales office in Singapore showed very positive development. Opening up China, the market of the future, planned up until 2006/07 Miba Bearing Group benefited from the strong demand in truck business. The most important Chinese truck engine manufacturer e.g. has contracted Miba as its main development partner and supplier for its new engine generation. Due to the enormous market potential Miba has decided to launch a green-field operation in China. Miba has recently leased an area of approximately 40,000 square meters in the Suzhou industrial park, 90 kilometers west of Shanghai. Construction of a new engine bearing production plant will start during the summer of 2005. “The first engine bearings will leave the assembly line during the 2006/07 business year," stated Peter Mitterbauer. Miba Sinter Group generates half of the Group’s turnover During the past business year, Miba Sinter Group achieved a 6.8 percent turnover increase as compared to 2003/04. At 161 million EUR, this amounts to approximately half of Miba Group’s total turnover. All of Miba Sinter Group’s business fields showed growth, with motor and transmission parts in the lead. Sintered gear and components for variable valve control (VVT) were the growth drivers. Even though the Western European car industry is currently going through a difficult phase, Miba succeeded in increasing its market shares. Over the past year, approximately 18 million cars were manufactured in Europe, thus exceeding previous year’s production by 2.8 percent. The number of vehicles produced in Western Europe stagnated. On the other hand, the number of cars produced in Eastern Europe increased by approximately 18.5 percent.

Miba Sinter Group has benefited from the super proportional growth of selected customers. In the last year, the customer base has shifted slightly: While shipping 53 percent of the sales volume directly to the OEM in 2003/04. 51 percent were sold to that segment last year. On the other hand there were increasing sales to Tier 1-suppliers. Miba Friction Group plans new site Miba Friction Group achieved a turnover of 54 million EUR in 2004/05. This represents a 12 percent or 5.8 million EUR increase compared to the previous year. This increase was attained primarily due to the high demand for clutch and brake linings for trucks, tractors and construction equipment. Nevertheless, Miba Friction Group had to cope with a tight supply of commodities, especially steel and non-ferrous metals, resulting in supply bottlenecks and considerable price increases. Some of these were passed on to customers in the second semester of the business year.

Miba Friction Group reached another milestone during the 2004/05 business year by deciding to invest in a new site in Slovakia. A modern production facility for steel discs will be constructed in Vráble, 100 kilometers east of Bratislava. Peter Mitterbauer: “We are creating 150 jobs in Vráble and we will invest 20 million EUR in this location over the medium term. The new plant will be running at full capacity by the end of 2006.” The Miba site in Sheffield will then be closed.

Outlook: Continuous expansion of technological leadership Miba’s outlook for the 2005/06 business year varies depending on the business division concerned. The economic environment of Miba Sinter Group in 2005/06 has been shaped by further outsourcing of car manufacturers to Central and Eastern European countries in combination with increased cost pressure. Miba Bearing Group and Miba Friction Group are cautiously optimistic for this year. However, the business trend for the coming year will also be influenced by the development of the euro/dollar exchange rate and the supply situation on the international commodity markets. Nevertheless, Miba will expand its position as technological leader through consistent technological progress. Peter Mitterbauer is convinced that: “Our goal – No motor vehicle without Miba technology – has triggered an ambitious program for the years to come. Our structure and strategic orientation put us in an excellent position for the future."



The Miba Group The Group with its Head Office in Laakirchen (Upper Austria) is a strategic partner and supplier of the international engine and automotive industry. Sintered components, engine bearings and friction materials for motor vehicles, trains, ships, airplanes and power plants are produced in nine locations worldwide. Miba products make vehicles more powerful, safer and more environmentally friendly. Miba employs 2,600 people, about half of whom work at our Austrian sites in Laakirchen, Vorchdorf und Roitham. Turnover for the listed company during the 2004/05 business year amounted to 328 million EUR with an operating result of 23.3 million EUR.
01.05.2005
150 new jobs in Vráble
Miba: 150 nových pracovných miest vo Vrábľoch - úspešný začiatok stavebných prác v marci 2005 - Ľubomír Šupák novým regionálnym manažérom - medzinárodné príležitosti pre zamestnancov

Miba, strategický partner a dodávateľ medzinárodného motorového a automobilového priemyslu začala vo Vrábľoch stavebné práce na novej výrobnej prevádzke. Moderná výrobňa oceľových súčastí bude pracovať na plný výkon do konca roku 2006 a vytvorí 150 nových pracovných miest. Ľubomír Šupák, nový regionálny manažér Miby robí v súčasnosti nábor odborníkov, zvlášť v oblasti spracovania kovov.

“Na to aby sme boli úspešní, musíme čo najskôr sformovať excelentný tím”, vysvetľuje nový regionálny manažér Ľubomír Šupák. “Budeme produkovať oceľové súčasti pre spojky a brzdy, používané vo vozidlách s veľkým zaťažením ako sú traktory, kamióny a stavebné mechanizmy. Preto budeme potrebovať skúsených odborníkov na spracovanie kovov a metalurgiu.” 48 ročný Ľubomír Šupák, začal pre Mibu pracovať vo februári 2005. Predtým bol regionálnym a sídelným manažérom v SCA Hygiene Products s.r.o. na Slovensku. Ľubomír Šupák sa teší na “vybudovanie silného lokálneho hráča, ktorý bude súčasťou medzinárodného úspešného tímu.”

Skupina Miba: “zamestnávateľ, ktorého volia najtalentovanejší ľudia”

Miba zamestnáva 2.600 ľudí na celom svete, okolo 300 pracuje v Dolnom Kubíne na Slovensku. Centrála Miby sa nachádza v Laarkirchene vo Hornom Rakúsku. V deviatich výrobných prevádzkach sa vyrábajú spekané diely, kĺzavé ložiská a trecie vložky pre motorové vozidlá, železničné vozne, lode, lietadlá a elektrárne. Výrobky Miba prispievajú k zvyšovaniu výkonu k bezpečnosti prevádzky a zlepšeniu ekologických hodnôt motorov. Firma dosiahla v obchodnom roku 2004/2005 obrat 328 miliónov EUR s operačným výsledkom 23,3 milióna EUR.

Uchádzači o zamestnanie kontaktuje prosím:

Miba Steeltec s.r.o. Ľubomir Šupák Hlavná 45 952 01 Vráble kariera@miba.com Internet: www.miba.com