Financial Daily from THE HINDU group of publications
Thursday, Sep 16, 2004

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Corporate - People


Reliance announces team for Trevira

Our Bureau

Mumbai , Sept. 15

THE Reliance Group today announced a new management team for Trevira GmbH that it acquired from Deutsche Bank AG earlier this year for 80 million euros (around Rs 450 crore).

The ownership of Trevira was transferred to Reliance Industries Ltd (RIL) on August 11, following the European Commission approving the acquisition.

A new supervisory board has been set with Mr Subodh Sapra, President, Polyester Sector, RIL as Chairman. The other members of the board are Mr Gunther Gunzenheimer and Mr Hans-Joachim Becker. Hereafter the supervisory board will oversee the functions of the Trevira management board.

Mr Bernd Sassenrath, who has been retained as the Chief Executive Officer would lead the management board of the newly acquired RIL group company. The other directors in the management team are Mr Jurgen Muth, Dr Jurgen Idzko and Mr Hemant Sharma.

While Mr Muth will look after finance, IT and personnel, Mr Idzko will handle production and technology, R&D and environment, health and safety while Mr Sharma will look after sales, marketing and supply chain management.

More Stories on : People

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Kerala govt to seek time on pollution front


Maruti board to meet on Sept 23
Parry Agro to sell marine alga biz
Parry Confectionery to become Lotte India
Bose suspension promises radically smooth car ride
Biryani Merchant plans to enter ready-to-eat segment soon
Mahindra Scorpio in Qatar
Gulf Oil plans buy back
Birla Corp focused on growth, says Lodha
Confusion over chairing Birla Corp AGM
CLB clarifies on chairing of Birla Corp AGM
Birlas knew M.P. Birla died intestate: Lodha's counsel
Why change horses midstream
New Indo Gulf auditor
Bombay High Court asks BCCI not to grant telecast rights till case is over
State Govt clears suggestion to restructure SILK
Sagar Cements plans to hive off grinding unit
Govt to seek clarifications from Suzuki as NOC issue crops up
Electrosteel puts off opening of Haldia coke oven unit
Hikal gets US nod for its API facility in Bangalore
Morepen DMF for anti-allergic drug
Long-term gas supply — Wartsila in talks with GAIL, GSPC
Hatsun may strike deal with Britannia, HLL for supply of dairy whiteners
CII-Godrej Green Biz Summit next week
Reliance announces team for Trevira
Punit Goenka to head Zee Sports
Bajaj Auto inducts 3 new directors
Rise in number of complaints against defaulting cos



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line