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Volume 290.4K
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As of 1:53 PM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

conergy ag (CGYK) Snapshot

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52 Week High
05/14/13 - €0.42
52 Week Low
12/30/13 - €0.0090
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conergy ag (CGYK) Details

Conergy AG, together with its subsidiaries, develops, manufactures, and sells photovoltaic (PV) systems for private rooftop installations, industrial roofs, and megawatt farms. Its products include complete PV system solutions; monitoring systems; and accessories, including solar cables, adapters, and tools. The company’s products also comprise components, including mounting systems for pitched roofs, flat roofs, and ground mounting; solar modules in various types, sizes, and power classes; and inverters in a range of power classes and technologies, such as module inverters, string inverters, central inverters, and tailor-made configured inverter stations for solar parks. It is also involved in the development, financing, and implementation of large-scale photovoltaic projects. In addition, the company provides consulting and other services, including support during the system planning stage, as well as training and logistics services. It serves homeowners, private investors, and commercial businesses worldwide. The company was founded in 1998 and is headquartered in Hamburg, Germany.

1,150 Employees
Last Reported Date: 05/14/13
Founded in 1998

conergy ag (CGYK) Top Compensated Officers

Chairman of The Management Board, Chief Execu...
Total Annual Compensation: €645.0K
Chief Financial Officer and Member of Managem...
Total Annual Compensation: €287.0K
Chief Operating Officer and Member of Managem...
Total Annual Compensation: €388.0K
Chief Sales Officer and Member of Management ...
Total Annual Compensation: €302.0K
Compensation as of Fiscal Year 2012.

conergy ag (CGYK) Key Developments

Conergy Seeks Acquisitions

Conergy AG (XTRA:CGY) is seeking acquisitions. Alexander Gorski, Chief Operating Officer and Chief Executive Officer Europe of Conergy said, Together with Kawa Capital Management LLC as our owner, we aim to build our core businesses organically and through acquisitions.

Conergy AG(DB:CGYK) dropped from Germany OkoDAX Index (Performance)

Conergy AG will be removed from Germany OkoDAX Index (Performance).

Kawa Plans To Buy Conergy Sales Unit In Two Steps

Kawa Capital Management LLC will acquire the global sales operations of insolvent German solar company Conergy AG (XTRA:CGY). Kawa has already bought Conergy's sales units in the US, Canada, Singapore and Thailand. In a second step, it will acquire the remaining units, including the Conergy brand, by early October at the latest. Kawa, which agreed to buy the divisions in July, will purchase the group’s assets in a two-step process, acquiring first the four international divisions effective immediately. "Kawa is taking on responsibility as new investor and with its financing ensures the implementation of new projects," said Conergy, Chief Executive Officer Philip Comberg. "This shows the strong commitment and determination of our new partner."


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