Ambitious goals for 2020 are delayed by the global Corona Crisis

Nevertheless our Group is maintaining the strategy of a sustaining development of its Power and Energy Business. Sales of gas turbine plants to African markets in the past years have marked the successful expansion into emerging markets. The Company has recently secured options for unused (new) power plants, e.g. one Siemens SGT5-4000 F Gas Turbine simple cycle power train and big Combined Cycle Gas Turbine power trains of 1 x 440 and 2 x 750 MW.  We are still envisaging an optimistic outlook into 2021 with sales of power plants and pre-owned oil refineries.