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Recapitalized VARTA AG with focus on growth in core business and innovation leadership as European provider of high-end energy storage systems

  • Balance sheet restructuring and StaRUG proceedings completed
  • Dr. Ing. h.c. F. Porsche Aktiengesellschaft and DDr. Michael Tojner are now new shareholders
  • Fresh liquidity secures future investments and operational company development
  • Financing secured for the long term with significantly reduced debt
  • Production and research in the field of battery technology and jobs in Europe guaranteed

El…

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12. March 2025
VARTA AG appoints Sebastian Rudow as new CTRO

Ellwangen, 12.03.2025 - Sebastian Rudow has joined the Executive Board of VARTA AG as Chief Transformation and Restructuring Officer (CTRO). He succeeds Michael Giesswein, who is leaving the company at his own request on 30 April 2025 following the…

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11. March 2025
VARTA announces effectiveness of capital reduction to zero and the simultaneous capital increase, as well as the delisting from the Frankfurt Stock Exchange

Ellwangen, March 11, 2025 – VARTA AG announces that the capital reduction to zero and the simultaneous capital increase, which were planned as part of the restructuring plan and approved by the Management Board with the approval of the Supervisory…

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17. February 2025
VARTA AG appoints Rolf Glessing to the Management Board - he takes over the CFO position from Marc Hundsdorf

Ellwangen, 17 February 2025 – Rolf Glessing becomes the new CFO of VARTA AG. He will take over the department upon his appointment to the Executive Board on 1 March 2025, succeeding Marc Hundsdorf. The latter is leaving the company on 28 February…

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