(DGAP-Media / 2015-09-30 / 21:37) VIPsight - September 2015 The German Mittelstand Stock market listed SMEs could use some diversity management No woman wants to be seen as the one who owes her seat on the board to gender equality legislation according to Katja Suding, Federal vice chair of the FDP in a recent interview published in Bild am Sonntag. And yet the "pink quota" is coming. In the wake of last May's ratification of the law on gender equality between men and women in top management positions in both the private and public sectors, approximately 100 companies have to set aside a quota of not less than 30% of seats on the Supervisory Board. In addition to these 100 stock market listed companies "obliged to cooption", a further 3500 mid to large-size companies have to devise an abridged version of the law in order to define its own individual quota fo r the Supervisory Board, the executive board, and top management. This flexible quota can vary from company to company and be pegged to specific requirements of the company or area of activity. Read more on vipsight.eu Buhlmann's Corner "Tis the final conflict" so says The Internationale. "Arise ye wretched of the earth, .... We have been naught we shall be all" As I write this, entire peoples are on the move, marching towards the North and the West, fleeing grinding poverty and blazing warfare that organizations on the ground are powerless to halt and international organizations such as G7, G8 and G20 etc seem to be doing their utmost not to interfere with or forget about. We are witnessing a migration on an unprecedented scale that some people find scary. What we see of the entire humanitarian crisis, however, is only the part that looks like getting too close for comfort to us as humans. Read more on vipsight.eu Companies Gesco: still uphill Gesco AG, the SDax-listed SME holding company got off to a flying start in the first quarter of 2015/16 (at March 31). Sources within the company, however, state that increased turnover and improved order quality notwithstanding, the difficulties are still far from over. Turnover was posted at approximately 119 million Euros, 8 percent up on the same period of the year before. The order book has grown by 15 percent and now stands at approximately 146 million Euros, with the caveat that a number of orders will be accounted for in next year's turnover. Read more on vipsight.eu People Capital Stage: The CEO quits Citing personal reasons, Felix Goedhart of Capital Stage AG intends not to renew his contract as chair of the executive board that expires at the end of October, a decision that the Supervisory Board regrets. Goedhart has led the company since 2006 and his contribution has been crucial for its development. His place at the helm will be taken by Klaus-Dieter Maubach who, as a former member of the power company's executive board has the expertise needed for developing new energy projects and implementing new business models in decentralized and renewable energy. Read more on vipsight.eu End of Media Release Issuer: VIP (Vereinigung Institutionelle Privatanleger) eV Key word(s): Finance 2015-09-30 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de 399071 2015-09-30
(END) Dow Jones Newswires
September 30, 2015 15:37 ET (19:37 GMT)
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