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Munich TU and MAN become partners

"MAN Campus Initiative" - umbrella agreement on extensive co-operation including new scholarship scheme, lecture series, innovation projects

(PresseBox) (München, ) MAN Aktiengesellschaft and the Technical University of Munich (TUM) have set the parameters for a close and long-term co-operation. The underlying agreement was signed today by TUM´s President, Professor Dr. Wolfgang A.
Herrmann and MAN´s Executive Board Chairman, Håkan Samuelsson, making Munich TU the first university to officially partner MAN Aktiengesellschaft.

The agreement covers three projects and sponsoring schemes. For the coming winter semester, the company will be awarding scholarships to selected students at Munich TU, as well as sponsoring five innovations projects each year. In addition, a new set of lectures is to be held as a continuation of the "Innovative Entrepreneurs" series.

The MAN scholarship scheme supports students from the faculties of mechanical engineering, electrical engineering and information technology. Up to one hundred selected students will receive grants of between €1,000 and €3,000 per annum. The company also invites scholarship holders to attend seminars, events and tours of the works to, for instance, meet Group management staff and make additional contacts.

As part of the series of TUM lectures on "Innovative Entrepreneurs", an initiative launched by UnternehmerTUM GmbH, important topics covering all links along the value chain in technology and growth-oriented enterprises are to be addressed by top MAN Group executives during the 2007/2008 winter semester. The intention is to involve students in practical subjects and enable them to exchange ideas with the speakers. The MAN lecture series is recognised as part of the curriculum in many Munich TU faculties.

In addition, innovative practical projects are to be jointly carried out at Munich TU by students and MAN staff. Teams of between two and four students will be involved in realising new ideas, aimed for instance at improving production processes in sectors such as mechatronics, mechanics or software.

"As a result of the MAN Campus Initiative, Munich TU has again acquired a leading industrial enterprise as a close and long-term co-operation partner," confirmed TUM President Wolfgang A. Herrmann. "We are delighted with this new co-operation as it creates a win-win situation for all those involved, offering study sponsoring and contact between students and a leading company on the one hand, along with innovative young people at the start of their career and new concepts for the company on the other hand."

"Our initiative is aimed at providing students with a very early insight into economic and technical issues affecting industry and developing joint solutions on the basis of tangible projects. Good performance should be rewarded and we will therefore be supporting selected technical students with up to €3,000 a year," announced Håkan Samuelsson, Executive Board Chairman at MAN AG, who will himself also be holding lectures at Munich TU. "Our partnership with Munich TU corresponds exactly with our claim of 'Engineering the future'. Samuelsson stressed that, "Promoting young academics is also aimed at securing the future innovative strength of our company."

MAN SE

Die MAN Gruppe ist eines der führenden europäischen Industrieunternehmen im Bereich Transport-Related Engineering mit jährlich rund 15,5 Mrd € Umsatz (2007). MAN ist Anbieter von Lkw, Bussen, Dieselmotoren, Turbomaschinen sowie Industriedienstleistungen und beschäftigt weltweit rund 55 000 Mitarbeiter. Die MANUnternehmensbereiche halten führende Positionen auf ihren Märkten. Die MAN AG, München, ist Mitglied im Deutschen Aktienindex Dax der 30 führenden deutschen Aktiengesellschaften