At the general meeting, Rosenbauer’s shareholders gave their “yes” to the capital increase, which is intended to give the fire brigade supplier from Leonding (Upper Austria) stability for the future. Although e-mobility is not yet really on the rise in the commercial vehicle sector and the trend has even had setbacks recently, this does not scare Rosenbauer.
The Dachstein Room in the Courtyard-by-Marriott Hotel in Linz: Shortly after 10 a.m., Rosenbauer’s general meeting started here on Tuesday, in which the shareholders set the course for the future of the fire service supplier by agreeing to increase the share capital . It is still unclear how much money this will generate for the residents of Leonding and how exactly it will work.
New chairman of the supervisory board
Fix, however: “The capital increase is intended to strengthen equity and enable further growth of the group,” says Rainer Siegel, who resigned as chairman of the supervisory board and handed over management to Jörg Astalosch.
The Leondingers are encouraged by the fact that Rosenbauer had a record order intake at the end of last year. We are also on track in the field of e-mobility: 76 electric fire trucks have already been ordered and series production has been running in Leonding since May 2023.
However, in the commercial vehicle sector, e-mobility has come to a standstill, reports CEO Sebastian Wolf: “In some cases there is a lack of political will to maintain and pursue the e-mobility boom.”
A shaky shutdown of the combustion engine caused a serious dampener
The fact that the President of the European Commission, Ursula von der Leyen, is phasing out the combustion engine by 2026 has “put a strong damper on the trend”. But Rosenbauer is not deterred by this and also sees great potential in equipping airport fire brigades to reduce CO2 emissions.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
