Ista Strengthens Its Regional Company in Germany

The new structure is intended to exploit growth potential even more effectively / Dr. Dieter Hackenberg, Peter Ruwe and Jochen Schein are appointed to the Executive Board of Directors

Essen, (PresseBox) - ista, the world’s leading company for the consumption-dependent metering and billing of energy, water and ancillary costs, is strengthening its regional company in Germany by making new appointments to management positions. From the 1st October Dr. Dieter Hackenberg, Peter Ruwe and Jochen Schein will be promoted to the Executive Board of Directors of ista Deutschland GmbH. "At the same time we are creating a completely new organisational structure in order to exploit the growth potential available in our home market even more rigorously than before" said the chairman of the Board of Directors of ista International, Walter Schmidt, who will also continue to occupy this position in ista Deutschland.

Clear structures and responsibilities

"Together with the management team of ista Deutschland we are creating clear and consistent responsibilities for the most important sectors. In this way we will fundamentally strengthen our largest and most important regional company", said Schmidt. On the Board of Directors, Hackenberg (45), as Chief Financial Officer (CFO), will also take on the responsibility for controlling and financial accounting. Schein (35), as Chief Operating Officer (COO), will be responsible for the operational business and IT. Ruwe (41), as Chief Sales Officer (CSO), is also responsible for marketing, sales and key account management. He will also remain responsible for the subsidiary company, e:duo, which offers energy contracting.

The new management team comes from the measurement service providers’ own ranks: The trained wholesale and export businessman and business studies graduate, Ruwe, started his career with ista in 1995 in the marketing/ communications area. Most recently he coordinated ista’s marketing activities as marketing area manager in head office. The graduate economic engineer, Hackenberg, joined the German regional company in 1997 as controlling manager and was most recently responsible as area manager for accounting and controlling. Schein, the Master of Science in Business Engineering, joined ista in 2003 as a project manager in the corporate development area and in recent years was responsible for the issue of "integrated calculation". He also managed the service centre in Leipzig.

In future Christian Leu and Christoph Heymann, who were previously responsible for joint management tasks for ista International and ista Deutschland, will concentrate on their tasks in the management of the parent company, ista International.

ista International GmbH

ista is the world’s leading company for the consumption-dependent metering and billing of energy, water and ancillary costs. Services offered to property managers, house owners and energy utility companies range from the supply and installation of meter equipment to metering and consumption-dependent billing. ista employs 4,500 staff and operates in 24 countries in Europe, the Americas and Asia. The company provides services for some 12 million units (residential and commercial) and operates over 42 million meters. In 2006, the company’s turnover amounted to around 608 Million euros.

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