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UBM Development : management strengthened by a standing Board of Directors -Today at 01:04 am

21st Austria weekly - Andritz, UBM, Polytec (22/04/2021)

25.04.2021 Andritz: International technology group Andritz has received an order from BillerudKorsnäs to supply a HERB recovery boiler for its mill in Frövi, Sweden. Start-up is scheduled for the end of 2023. The new boiler will replace the existing recovery boiler that has been in operation in Frövi since 1969. Andritz: weekly performance: 4.23% UBM: Martina Maly-Gärtner becomes the fourth member of the Management Board of real estate developer UBM Development AG for a term extending to 30 April 2026. She will join Thomas G. Winkler (CEO), Martin Löcker (COO) and Patric Thate (CFO). UBM: weekly performance: 2.81% Polytec: The group turnover of the manufacturer of plastics solutions Polytec Group amounted to Euro 522.0 mn (-16,8%) in the financial year 2020, EBIT came in at Euro 13 mn vs. Euro 32.6 mn in 2019. The company was exposed to the negative economic development due to the Covid-19 pandemic in the 2020 financial year. Even if the economy improved in the third

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