General Meeting resolves on the transformation of ORBIS AG into a European company (Societas Europaea, SE)
Mr. Thomas Gard, Chairman of the Management Board of ORBIS AG, explained that ORBIS AG is increasingly active in other European countries with its own market development.
In light of ongoing internationalization, Mr. Gard explained that the Management Board and Supervisory Board consider the transformation into a European company – known as an SE for short – to be the logical next step.
The listing of ORBIS shares on the stock exchange, not to mention the trading of the shares, will not be affected by the conversion, Mr. Gard added. The General Meeting then approved the Terms of Conversion, including the Articles of Incorporation, almost unanimously.
About ORBIS
ORBIS helps SMEs and international corporations to digitalize their business processes – from jointly developing the customer-specific big picture, to practical implementation in the project. The digitalization and automation of business processes across the entire value chain ensure our customers’ competitiveness. The in-depth process know-how and innovative strength of our more than 650 employees, combined with the expertise gained from more than 30 years of successful, international project work in various industries, make us a competent partner. We rely on the solutions and technologies of our partners SAP and Microsoft, whose portfolios are rounded off by ORBIS solutions. Our focus in this regard is on SAP S/4HANA, customer engagement and turning the smart factory into a reality. Using smart cloud technologies such as machine learning, cognitive services or the IoT as a basis, we promote our customers’ innovative power in the development of innovative products, services and business models. Our expertise results from over 2,000 customer projects in more than 500 customers operating in the automotive supply industry, construction supply industry, electrical and electronics industry, mechanical and plant engineering, logistics, metal industry, consumer goods industry and trade. Long-standing customers include the ZF Group, Hörmann, Hager Group, Rittal, Kraftverkehr Nagel, ArcelorMittal, Montblanc, Bahlsen and Sonepar.
