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Press Release

Herausgeber: WKN AG

Dr. Jürgen Dambrowski to succeed Michael Ostwald as CFO of WKN AG

Husum - WKN AG, a subsidiary of the PNE WIND Group, strengthens its Management Board to meet the challenges in its new markets as well as to meet the changing policy environment for the development of wind energy. Dr. Jürgen Dambrowski will take over as the successor to the previously announced departing CFO Michael Ostwald as of July 1, 2014. The board members Martinus Scherweit (CEO/ Markets & Projects) and Roland Stanze (Purchasing & Sales) remain responsible for their respective areas.

Dr. Jürgen Dambrowski, born in 1954, is currently CFO of the paper business area of SURTECO SE and brings extensive finance experience with him. He holds a doctorate degree in business administration and held over a twenty year period various senior management positions at Robert Bosch GmbH in Germany and abroad. Between 2005 and 2007, Dambrowski worked as CEO and CFO of the companies Index Werke and Traub Drehmaschinen. After working for two years as a Senior Executive Consultant, he became CFO of the finance department of 2D Holding, which in December 2013 was sold to SURTECO SE.

Originally it was planned that Roland Stanze would assume the function of CFO after the resignation of Michael Ostwald on July 1, 2014. Due to variously changing market conditions the areas of Purchasing, Sales, Project Financing and Strategic Partnerships will now be concentrated in a separate board function.


WKN AG Company Profile
WKN AG has planned, installed and operated turnkey wind farms and solar power systems in Germany since 1990. In addition, WKN AG is also internationally represented by subsidiaries in numerous European countries, South Africa and the US. Up to now, the company has initiated and realized projects with a total of about 1,200 megawatts capacity.

The headquarters of the WKN-Group are located at the “House of Future Energies”, an established center of excellence for renewable energy sources in Husum / Germany. 82.75 percent of WKN shares are owned by PNE WIND AG located in Cuxhaven / Germany while 17.25 percent are held by private and institutional shareholders.


Husum, May 7, 2014


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Media contacts

PNE WIND AG
Rainer Heinsohn
Head of Communications
Tel: +49(0) 47 21 – 7 18 - 453
Fax: +49(0) 47 21 – 7 18 - 373
E-mail: Rainer.Heinsohn@pnewind.com

WKN AG
Catrin Petersen
Head of Communication & Marketing
Tel: +49(0) 48 41 – 89 44 - 100
Fax: +49(0) 48 41 – 89 44 - 225
E-mail: catrin.petersen@wkn-ag.de

PNE WIND AG
Scott McCollister
Head of Investor Relations
Tel: +49(0) 47 21 – 7 18 - 454
Fax: +49(0) 47 21 – 7 18 – 373
E-mail: Scott.McCollister@pnewind.com



WKN AG
House of Future Energies
Otto-Hahn-Straße 12 – 16
25813 Husum, Germany

Internet: http://www.wkn-ag.de



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About WKN AG

WKN GmbH has planned, installed and operated turnkey wind farms in Germany since 1990. In addition, WKN GmbH is internationally represented by subsidiaries and joint-ventures in numerous European countries, South Africa and the US. Up to now, the company has initiated and realized projects with a total of about 1,450 megawatts capacity.

The headquarters of the WKN-Group are located at the "House of Future Energies", an established center of excellence for renewable energy sources in Husum/Germany.

WKN GmbH is a hundred percent subsidiary of PNE AG, Cuxhaven.

More Information about WKN AG