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DGAP-News: S.A.G. Solarstrom AG are 'job generator in South Baden'

ID: 1011685

(firmenpresse) - S.A.G. Solarstrom AG / Miscellaneous

22.03.2010 09:50

Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.

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S.A.G. Solarstrom AG are 'job generator in South Baden'

31 new jobs in 2009 alone, company continues to expand

Freiburg, March 22, 2010. S.A.G. Solarstrom AG (German security
identification number: 702 100, ISIN: DE0007021008) created 31 new jobs in
the South Baden region in 2009 and are thus the winner of the competition
'Job Generator in South Baden'. The competition, which is set every year by
the newspaper Badische Zeitung and the Freiburg Chamber of Trade, awards
prizes in three categories to companies who have created permanent jobs
over the past year. S.A.G. Solarstrom AG is the prize winner of the
category '20-199 Employees', with 31 new appointments.

73 employees of S.A.G. Solarstrom AG were employed at the Freiburg location
of the company on the key date of December 31, 2009 - 31 more employees
than in the previous year. Since January, they have been joined by a
further 5 employees, as the internationally positioned company with more
than 160 employees continues on a growth curve.

'We are delighted with this award. South Baden is an ideal business
location for a company like S.A.G. Solarstrom AG. First of all, the region
is involved in sustainable environmental and economic policy. Secondly,
Freiburg is also a very attractive place to live and work for our
employees, with its sound infrastructure and excellent quality of life.
Thus it's easy for us to acquire qualified specialists for our company',
says Dr. Karl Kuhlmann, CEO of S.A.G. Solarstrom AG.

S.A.G. Solarstrom AG intends to continue to position themselves as an




attractive employer with a future in the region. The company received the
certificate for work-life balance from the non-profit-making Hertie
Foundation in 2009 and committed to implement further family-friendly
measures. The goal is to develop a family-conscious corporate culture, in
order to increase the motivation, creativity and loyalty of their
employees. As a photovoltaics company, S.A.G. Solarstrom AG belongs to a
growth sector that is able to record two-digit growth rates, despite
ongoing political discussions.

The internationally positioned photovoltaics company is anticipating sales
of between EUR210 and 190 million and an EBIT of between EUR8 and 11
million in 2010.

About S.A.G. Solarstrom AG
S.A.G. Solarstrom AG (German security identification number: 702 100, ISIN:
DE0007021008) of Freiburg, Germany, are a manufacturer-independent provider
of high-quality photovoltaic plants configured to customers' individual
needs. The group constructs efficient plants of all sizes both in Germany
and abroad. S.A.G. Solarstrom AG also produce solar energy at their own
plants.

S.A.G. Solarstrom AG's service portfolio covers the entire life cycle of
photovoltaic plants, including energy- and weather-data management, yield
reports, and remote maintenance, as well as insurance and financing. The
group thus offers a comprehensive value chain in photovoltaics, from yield
reports, planning, construction, operations, and monitoring to
optimization, repowering, and deconstruction.

Founded in 1998, S.A.G. Solarstrom AG are considered pioneers in the solar
industry. Around 160 specialists work atthe four locations in Germany and
subsidiaries in Italy, Spain, Austria, and Switzerland.

S.A.G. Solarstrom AG are listed on the open market, Entry Standard of the
Frankfurt Stock Exchange as well as according to the rules and standards
M:access of the Munich Stock Exchange.

Contact:
S.A.G. Solarstrom AG
Sasbacher Straße 5
79111 Freiburg
Germany
www.solarstromag.com

Public Relations / Investor Relations
Jutta Lorberg
phone: +49-(0)761-4770-311
E-mail: pr(at)solarstromag.com / ir(at)solarstromag.com




22.03.2010 09:50 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv atwww.dgap-medientreff.deandwww.dgap.de---------------------------------------------------------------------------


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Bereitgestellt von Benutzer: EquityStory
Datum: 22.03.2010 - 04:50 Uhr
Sprache: Deutsch
News-ID 1011685
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