Stuttgart/Karlsruhe. The Board of Management of EnBW Energie Baden-Württemberg AG has presented the company's future strategy, its implementation and related requisite repositioning to EnBW's Supervisory Board yesterday, and has discussed it in depth with the Supervisory Board.
The Supervisory Board fully adopts this new strategy. "The analysis that has been presented and the strategic consequences that derive from the analysis are sound and consistent, lending a clear profile to the company in its repositioning to reflect a changed market environment," comments Supervisory Board Chairman Dr. Claus Dieter Hoffmann.
The Supervisory Board also noted how EnBW must be positioned in the future in organisational terms, and how it needs to be shaped with a new management model in order to successfully and highly efficiently exploit the competitive opportunities on offer.
The Supervisory Board has given its approval to the Board of Management to restructure the EnBW Group and to reduce its complexity through integrating companies, accompanied by a new management model and a new organisational principle, including a change to the financial organisation.
The Board of Management has been mandated to rapidly negotiate the specific structure, especially the legal codetermination aspects with the employees' representatives, for presentation at an extraordinary Supervisory Board meeting.
The company will publish further information on the Group's new strategy and reorientation on 17 June 2013.