Corporate governance
- Sustainability
- Risk management
- Continuity plan
- Corporate governance standards
- Group Overview
- Capital structure
- Board of Directors
- Executive Board
- Remuneration, shareholdings and loans
- Shareholder participation rights
- Changes of control and defense measures
- Auditors
- Information policy
- Pioneering Innovations
Group Overview
1 Europe, Middle East, Africa
2 From March 1, 2007
3 From February 1, 2007
4 The name Oerlikon
Fairfield Drive Systems
applies only in the USA
Group structure and Group companies
Operational Group structure:
Management of the Group is carried out at the behest of the Board of Directors by
the CEO and the Board of Directors and the operational business units. The Board of
Directors, Executive Board and the company's business units are supported in their
work by centralized Corporate Functions offices and regional organizations.
Listed Group companies:
OC Oerlikon Corporation AG, Pfäffikon is listed on the SWX Swiss Exchange (Symbol:
OERL; security number: 081682; ISIN number: CH0000816824). On 31 December
2006, the company's stock market capitalization totaled CHF 8 521 million. For further
information on OC Oerlikon Corporation AG, Pfäffikon see page 127 et seqq.
Saurer AG, headquartered in Arbon, is listed on the SWX Swiss Exchange (Symbol: SAUN, security number: 1234514; ISIN number: CH0012345143). As of the end of February 2007, OC Oerlikon Corporation AG, Pfäffikon holds 99.45 percent of the company. On December 31, 2006, Saurer AG's stock market capitalization totaled CHF 1 954 million. Saurer has been fully consolidated by OC Oerlikon Corporation AG, Pfäffikon since November 2006. Saurer AG has indirect interests in two companies which are listed on foreign stock exchanges: Fairfield Atlas Limited, India, and Schlafhorst Engineering, India Ltd. Both companies are listed on the Bombay Stock Exchange Limited.
Unlisted Group companies:
OC Oerlikon Corporation AG, Pfäffikon as parent company of the Group, owns all of the
Group companies either directly or indirectly, mostly with a 100 percent interest. The
local companies included in the scope of consolidation are shown on page 135 in their
legal structure, then on page 122 et seqq. they are listed by country together with each
company's share capital, percentage of shares owned and workforce.
Significant shareholders (as at 31 December 2006)
| Shareholdings as per official disclosure | ||
| No. of shares | in percent 1 | |
| Victory Industriebeteiligung AG, Wien 2 | 4 831 192 | 34,16 |
| Zürcher Kantonalbank, Zürich | 2 506 601 | 17,72 |
| Renova Holding Ltd., Nassau, Bahamas 3 | 1 450 000 | 10,25 |
| OC Oerlikon Corporation AG, Pfäffikon 4 | 1 050 010 | 7,42 |
| Merrill Lynch Gruppe, New York | 716 023 | 5,06 |
1 Basis: issued shares (14 142 437)
2 Beneficial ownership:
- 50% Millennium Privatstiftung, Praterstrasse 62-64, 1020 Vienna, Austria
- 50% RPR Privatstiftung, Seilerstätte 18 - 20, 1010 Vienna, Austria
3 Beneficial ownership: Victor F. Vekselberg, Moskau and Zürich
4 Actual shareholding as at December 31, 2006
Cross-shareholdings
There are no cross-shareholdings.