December 18, 2008, 12:37 h (Ad hoc announcement)
PWO to sell stake in Chinese joint venture
Progress-Werk Oberkirch AG and TAE HWA Enterprise Co., Ltd. have agreed that TAE HWA Enterprise is to take over the 50 percent stake held by PWO in the Chinese joint venture. PWO is therefore making a full ..... more

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November 4, 2008, 19:30h (Ad hoc announcement)
PWO releases interim financial report for the first nine months 2009 
Progress-Werk Oberkirch AG continued its growth in the third quarter and subsequently during the first nine month period of 2008, even though growth rates were significantly below those of the first half-year ...  more

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October 23, 2008 (Press release)
High accolades for PWO tool construction 
Progress-Werk Oberkirch AG successfully reached the finals of the exclusive competition "Excellence in Production", despite this being the first time it has taken part and the stiff competition from  ...  more

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September 29, 2008 (Press release)
Annual forecast for 2008 downgraded by PWO following deterioration in economic conditions
PWO announced today in an ad hoc statement that there has been a strong reduction in the level of standby production schedules from its ... more
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Recording of the Conference Call

September 29, 2008, 10:30h (Ad hoc announcement)
Annual forecast for 2008 downgraded by PWO following deterioration in economic conditions
PWO produces metal components for the automobile industry based on longer-term contracts. These underlie the company's medium-term planning ... more
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Recording of the Conference Call

August 6, 2008 (Press release)
PWO reports results for first half-year of 2008 together with earnings forecast up to 2010
The second quarter of 2008 saw continued strong growth within the PWO Group: revenue climbed 7.2 per cent to EUR 71.7 million (p/y: 66.9), with total output up 11.8 per cent to EUR 72.1 million ...  more

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May 16, 2008 (Press release)
PWO concludes takeover of Cartec, Mexico

Progress-Werk Oberkirch AG has closed the deal for the takeover of Mexican automotive supplier Cartec S.A de C.V., Puebla. The company's plans to increase its ownership interest to 100 per cent had been announced on ...  more

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May 8, 2008 (Press release)
PWO: Significant growth in first quarter of 2008

Progress-Werk Oberkirch AG propelled revenue by 9.9% to EUR 66.9 million in the first quarter of 2008 (prev. year: EUR 60.9m). Growth in total output, i.e. net sales plus inventory changes plus work performed by   ...  more

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April 18, 2008 (Press release)
PWO to build new production facility in China

Progress-Werk Oberkirch AG (PWO) was recently granted the required business licence for a wholly-owned subsidiary in China and subsequently purchased land for the construction of a production facility  ...  more

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April 10, 2008 (Press release)
PWO confirms preliminary results for 2007

Confirming its preliminary results announced on February 19, 2008, Progress-Werk Oberkirch AG today presented its annual report for 2007. The Group continued its solid performance over the course ...  more

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April 10, 2008 (Press release)
Start of construction at PWO

Progress-Werk Oberkirch AG (PWO) is committed to strengthening its domestic site of Oberkirch as a dedicated centre of excellence for development and production within the Group. As already communicated on ...  more

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April 4, April 2008 (Press release)
PWO plans full takeover of Cartec, Mexico

Progress-Werk Oberkirch AG (PWO) plans to acquire the full ownership of automotive supplier Cartec S.A de C.V., Puebla, Mexico, within the next three months. Both parties have already signed  ...  more

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20 March 2008, 12:00h (Ad hoc announcement)
PWO increases the dividend

The Management of Progress-Werk Oberkirch AG has decided today to propose to the Supervisory Board in the meeting for the adoption of financial statements an increase of the dividend per share for the Fiscal Year 2007  ...  weiter

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February 28, 2008 (Press release)
PWO strengthens Oberkirch location

PWO's committed pursuit of global expansion in recent years, which includes the establishment of new facilities in the Czech Republic, China and Mexico, has also had a favourable impact on the overall performance  ...  more

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February 19, 2008 (Press release)
PWO: Targets for FY 2007 fully met

Progress-Werk Oberkirch AG maintained its forward momentum during the 2007 financial year and succeeded in propelling both sales revenue and earnings by a significant margin. Having been revised upwards in November 2007,  ...  more

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