M+W Group

October 28, 2011 05:06 ET

M+W Group breaks 7,000-employee barrier

STUTTGART, GERMANY--(Marketwire - Oct 28, 2011) - Processed and transmitted by Thomson Reuters ONE. The issuer is solely responsible for the content of this announcement.

More than 900 workers recruited this year

The workforce of the international engineering and construction company M+W Group has broken a new record. As of 30 September of this year, the company counted more than 7,000 employees, an increase of more than 900 relative to the beginning of the year. Nearly 60 percent of the new employees were hired in Asia, while around 20 percent were recruited each in Europe and the US.

"Having had a workforce of 4,500 at the end of 2009, we now have more than 7,000 employees. Thus in less than two years we've increased our workforce by more than 50 percent, an achievement that would not have been possible without the high esteem of our customers worldwide," says M+W Group Chief Executive Officer Jürgen Wild. "I'm also very pleased at the success of the numerous measures we have implemented to attract new and qualified employees."

M+W Group currently has about 170 positions available worldwide that are being advertised in print media, as well as on various online portals and the M+W Group Web site (www.mwgroup.net). Direct contact with a number of technically oriented universities and their students is another important way of attracting new employees. M+W Group experts give talks to various groups of engineering students to describe their own professional experiences and discuss with them the career opportunities available in international high-tech engineering and construction. Projects abroad arouse particular interest during these events.

M+W Group also offers special support programs for budding engineers in a number of countries. These programs enable engineering students to work on M+W Group projects in Germany or abroad - for example, during their summer break, or within the framework of an internship. These students are mentored by an experienced project manager, who also acts as advisor for their diploma thesis.

About M+W Group (www.mwgroup.net): M+W Group is the leading global engineering, construction and project management company in the fields of Advanced Technology Facilities, Life Science & Chemicals, Energy & Environment Technologies and High-Tech Infrastructure. From concept development to turnkey services the company manages projects of all sizes ensuring rapid realization, high quality standards and cost-effective completion. With its competence to link process and automation technologies and complex facilities to integrated solutions M+W Group primarily focuses on leading companies in the fields of electronics, photovoltaics, life science, chemicals, energy, automotive, security and communication, as well as research institutes and universities. M+W Group GmbH is the holding company with headquarters in Stuttgart, Germany. In 2010 M+W Group generated an order intake of 2.1 billion euros and revenues of nearly 1.8 billion euros with a workforce of approximately 6,000 employees. M+W Group is owned by the Austrian Stumpf Group that is globally successful in the areas of High-Tech Engineering, Smart & Renewable Energy, Real Estate and Technology Investments.

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M+W Group Lotterbergstraße 30 Stuttgart Germany

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