Former GdW President Lutz Freitag strengthens Primacom

(PresseBox) ( Leipzig, )
Lutz Freitag, long-term president of the GdW, the Federal association of German housing and real estate enterprise registered associations, will reinforce the Board of Medfort S.à r.l. - the parent company of PrimaCom Berlin GmbH with immediate effect, Harald Stöber, chairman of Medfort S.à r.l., announced today.

"Lutz Freitag is an ideal addition to the existing Board - primarily for his experience through his many years of service in the housing industry. We are very pleased with his appointment and we will integrate all of his knowledge and expertise into the company. We firmly believe that Lutz Freitag will make a considerable contribution to the development of primacom," says Chairman Harald Stöber.

Joachim Grendel, spokesman and CEO of PrimaCom Berlin GmbH, confirms: "In Lutz Friday, we have a first class connoisseur of the German housing industry on our side. As a long-term chairman of the GdW he has represented and enforced the interests of the public and private sector of the housing industry in an excellent way. We expect extensive impulses for an even more successful partnership with the housing and real estate companies in Germany."

"primacom is finally on the right track having successfully overcome their past problems. Shareholders and management have consistently worked on the consolidation of the company. primacom now most certainly meets the high demands on technology and services required from a modern cable operator offering their customers attractive products. I want to support this positive development and in particular strengthen the role of primacom as a reliable partner of the housing industry," stated Lutz Freitag after his appointment as a Member of the Board.

After completing his studies Lutz Freitag began his professional career in the DAG, the German salaried employees union, in the field of youth and adult education, where he led the National Association of Hamburg from 1977. From 1987 to 2001 he served as Member of the Board of the DAG directing the departments of industry-, social- and educational policy among others. During ten years, from 2001 to 2011, Lutz Freitag was president of GdW, the Federal association of German housing and real estate enterprise registered associations.

Currently he is a member and chairman of various supervisory and advisory boards. Lutz Freitag is also involved in numerous social issues and is among other Honorary Chairman of the Board of DESWOS, the German development assistance for social housing and housing settlement.

Medfort S.à r.l. ("Medfort")
Medfort is a Luxembourg based financial holding company beneficially owned by a group of private investors.
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