NEWS / PRESS

May 1, 2010: Adjustment of terms of payment

As a result of the economic crisis and the continuously high metal prices, the financial burden for the Wieland Group has increased significantly. Therefore, as from 1 May 2010 the company will reduce the payment terms for deliveries by one third. This preventive step is necessary to ensure a stable financing in the long term.

We thank you for your understanding.

January 12, 2010: Metal premiums 2010

In the year 2010 the Wieland Group will leave the premiums on its metals unchanged at the current level. Wieland has concluded long-term contracts with its suppliers and is, therefore, able to ensure a reliable supply to its customers. Should there be a substantial change in the general conditions, the Wieland Group reserves the right to adjust the premiums accordingly.