The shareholders’ meeting of Osbra GmbH has decided to appoint Mr. Siegfried Richter as managing director. Mr. Richter started his professional career at Osbra in 1996. For years, he has demonstrated his professional and personal leadership qualities and his special commitment to the development of Osbra. In this respect, it is consistent and right for us to honor his leadership role by promoting him to managing director. “On behalf of the Partners, we warmly congratulate Mr. Richter on this appointment and wish him every success in his new role,” emphasized owner and managing director Thomas Freudenberg.