Info 2015 03

Page 1

)'3 'LH /LEHUDOHQ /RVWRUI-0DKUHQ 'HU ODQJH :HJ ]XP %XGJHW 6HLWH

%XGJHW DOOHV HWZDV DQGHUV 6HLWH

1RYHPEHU

*UDWXODWLRQHQ XQG 7HUPLQH 6HLWH

1U

*HVFKlW]WH /HVHULQQHQ *HVFKlW]WH /HVHU +HUEVW – GLH HLGJHQ|VVLVFKHQ :DKOHQ VLQG EHUHLWV 9HUJDQ JHQKHLW 6FK|Q GDVV GLH )'3 'LH /LEHUDOHQ NUlIWLJ ]XOHJHQ XQG GHU $EZlUWVWUHQG JHVWRSSW ZHUGHQ NRQQWH 6LFKHU HLQ 9HU GLHQVW XQVHUHU NODUHQ OLEHUDO E UJHUOLFKHQ 3ROLWLN 'HU YLHO]LWLHUWH 5HFKWVUXWVFK ELHWHW QXQ GLH &KDQFH VLFK PLW HLQHU NODU E UJHUOLFKHQ 3ROLWLN DXI GLH .HUQWKHPHQ XQVHUHV /DQGHV NRQ]HQWULHUHQ ]X N|QQHQ XQG GHU PDVVORVHQ 7UDXP WlQ]HUHL HLQ (QGH ]X VHW]HQ $XI NRPPXQDOHU (EHQH JLEW XQV GHU %XGJHWSUR]HVV HFKW ]X EHLVVHQ /HLGHU LVW GHU :LOOH VLQQYROO ]X VSDUHQ QLFKW LPPHU XQG QLFKW EHL DOOHQ YRUKDQGHQ 'LH ,GHH PLW ODXIHQGHQ 6WHXHU HUK|KXQJHQ ZHLWHUKLQ /XIWVFKO|VVHU EDXHQ ]X N|QQHQ VFKHLQW DXV HLQLJHQ .|SIHQ QLFKW ZHJ]XEULQJHQ 8QVHUH )UDNWLRQ VHW]W VLFK MHGRFK NODU GDI U HLQ PLW GHQ MHW]W ]XU 9HUI JXQJ VWHKHQGHQ 0LWWHOQ GLH .HUQDXIJDEHQ GHU *H PHLQGH DXI HLQHP JXWHQ 1LYHDX ]X HUI OOHQ ,FK YHUWUHWH KLHU NODU GLH 0HLQXQJ GDVV DXFK LQ GHU %LOGXQJ QDPHQWOLFK EHL ,7-%HODQJHQ QLFKW MHGHP 0RGHVFKUHL QDFKJH OHEW ZHUGHQ PXVV 'DYRQ KlQJW GLH 4XDOLWlW GHU 6FKXOH VLFKHU QLFKW DE 9LHOPHKU N|QQHQ GLH 0HQVFKHQ PLW (QJDJHPHQW XQG ,GHHQ HLQLJHV PHKU ]X HLQHU JXWHQ 4XDOLWlW EHLWUDJHQ 'LHV LVW EULJHQV LQ GHQ 8QWHUQHKPHQ GDVVHOEH GLH 4XDOLWlW GHU 0HQ VFKHQ XQG GHUHQ JXWHQ ,GHHQ VLQG I U GHQ (UIROJ PDVVJHEHQG $XV PHLQHU 6LFKW VROOWH LP %XGJHWSUR]HVV JHSU IW ZHUGHQ RE HV QLFKW VLQQYROO ZlUH DQKDQG GHU SURJQRVWL]LHUWHQ (LQQDK PHQ GHQ .RPPLVVLRQHQ NODUH =LHOYRUJDEHQ EH] JOLFK $XIWUl JH XQG ]XU 9HUI JXQJ VWHKHQGHU )LQDQ]HQ ]X PDFKHQ 'DV :XQVFKNRQ]HUW N|QQWH VR VLFKHU HLQJHGlPPW ZHUGHQ ,FK Z QVFKH ,KQHQ HLQHQ JXWHQ -DKUHVDEVFKOXVV XQG GDQNH I U GDV HQWJHJHQJHEUDFKWH 9HUWUDXHQ

0DUNXV +RZDOG 3DUWHLSUlVLGHQW

(UIROJUHLFKH :DKOHQ 'LH HLGJHQ|VVLVFKHQ :DKOHQ YRQ GLHVHP 2NWREHU ZDUHQ EH UHLWV 0RQDWH ]XYRU HLQ JURVVHV 7KHPD ,FK KDWWH GDV *HI KO GDVV VHKU YLHO XQG RIW GDU EHU GLVNXWLHUW ZXUGH $XI PHLQHP :HJ ]XU $UEHLW ODFKWHQ PLFK ]DKOUHLFKH *HVLFKWHU YRQ :DKO SODNDWHQ DQ 9LHOH 3ROLWWKHPHQ ZXUGHQ LQWHQVLYHU EHVSURFKHQ

XP ZDKUVFKHLQOLFK GDPLW :DKONDPSI ]X EHWUHLEHQ $EHU EHL VSLHOVZHLVH DXFK GLH .ULWLN EHWUHIIHQG GHU :DKONDPSI-%XGJHWV ZXUGH LQVWUXPHQWDOLVLHUW XQG KDW VLFKHU HLQH JHZLVVH $XIPHUN VDPNHLW HUKDOWHQ /HW]WOLFK KDEHQ VLFK DXFK GLH 0HGLHQ VR ZRKO SULYDWH ZLH DXFK GLH |IIHQWOLFK UHFKWOLFKHQ lXVVHUVW LQWHQ VLY PLW GHP :DKONDPSI DXVHLQDQGHUJHVHW]W 0LW GHP 6ORJDQ ©6LH KDEHQ GLH :DKOª ZXUGH PDQ LPPHU ZLHGHU DXIV 1HXH GDUDQ HULQQHUW GDVV LP 2NWREHU HLGJHQ|VVLVFKH :DKOHQ VWDWWILQGHQ (KUOLFK JHVDJW LFK KlWWH DXIJUXQG GLHVHU JURVVHQ 0HGLHQSUlVHQ] HLQ VFKOHFKWHV *HZLVVHQ JHKDEW ZlUH LFK QLFKW ZlKOHQ JHJDQJHQ $EHU QDW UOLFK VWHKW HV MHGHP IUHL VLFK DQ GHQ :DKOHQ ]X EHWHLOLJHQ RGHU QLFKW 7URW] GHQ ]XP 7HLO HQRUP KRKHQ %XGJHWV XQG GHU EHUDXV JURVVHQ $Q]DKO DQ .DQGLGDWLQQHQ XQG .DQGLGDWHQ VFKHLQW HV PLU LQWHUHVVDQW GDVV GLH :DKOEHWHLOLJXQJ QLFKW DQJHVWLHJHQ LVW *HVDPWVFKZHL]HULFK ZDUHQ HV JHUDGH 'D N|QQHQ ZLU LP .DQWRQ 6RORWKXUQ PLW ULFKWLJ VWRO] VHLQ %HUHLWV GLH 0|JOLFKNHLW PLW GHU HLJHQHQ 6WLPPH (LQIOXVV QHKPHQ ]X N|QQHQ YHUULQJHUW GDV ,QWHUHVVH EHL HLQLJHQ $EHU DXFK GHU *ODXEH GDUDQ GDVV GLH JHZlKOWHQ 3ROLWLNHU WDWVlFKOLFK YHU Q QIWLJ DUEHLWHQ XQG LKUH 9HUVSUHFKHQ LQ GLH 7DW XPVHW]HQ VFKHLQW EHL GLYHUVHQ SRWHQ]LHOOHQ :lKOHULQQHQ XQG :lKOHUQ ]X IHKOHQ 'LHVHV 9HUWUDXHQ KHU]XVWHOOHQ LVW QXQ GLH $XIJDEH GHU JHZlKOWHQ 1DWLRQDO- XQG 6WlQGHUlWH 'LH (UIROJH GHU 693 XQG GHU )'3 ZHUGHQ DOV SROLWLVFKHU 5HFKWVUXWVFK LQWHUSUHWLHUW ,QVEHVRQGHUH LVW HV HLQ NODUHV 6LJ QDO GHU %HY|ONHUXQJ JHJHQ HLQHQ DXIJHEOlKWHQ 6WDDWVDSSDUDW XQG I U PHKU )UHLKHLW XQG (LJHQYHUDQWZRUWXQJ :LU ZROOHQ ZHQLJHU *HVHW]H ZHQLJHU 5HJXOLHUXQJ XQG ZHQLJHU .RVWHQ %HYRUVWHKHQGH XQG DNWXHOOH SROLWLVFKH $XIJDEHQ ZLH GLH )O FKWOLQJV- XQG $V\OSROLWLN RGHU GLH (QHUJLHZHQGH ZHUGHQ VHKU GLUHNWHQ (LQIOXVV DXI XQV DOOH KDEHQ OHW]WOLFK DXFK DXI XQVHUH *HPHLQGH (V KDQGHOW VLFK GDEHL QLFKW XP 7KHPHQ GLH LQ %HUQ GLVNXWLHUW ZHUGHQ XQG DOOHQIDOOV LQ HLQ SDDU -DKUHQ HLQH JHULQJH %HGHXWXQJ I U XQV KDEHQ N|QQWHQ 'HVZHJHQ LVW HV HQRUP ZLFKWLJ GDVV ZLU LQ %HUQ YRQ HQJDJLHUWHQ XQG TXDOLIL ]LHUWHQ 3HUVRQHQ YHUWUHWHQ ZHUGHQ *HVSDQQW N|QQHQ ZLU QXQ DXI GLH EHYRUVWHKHQGHQ %XQGHVUDWV ZDKOHQ VFKDXHQ :LOO PDQ GHQ 0HGLHQ JODXEHQ LVW HV VHKU ZDKUVFKHLQOLFK GDVV GLH 693 HLQHQ ]ZHLWHQ 6LW] HUJDWWHUQ ZLUG $EHU QHEVW GHU 7DWVDFKH ZHOFKH 3DUWHLHQ ZLH YLHOH 6LW]H HUKDOWHQ ZHUGHQ LQWHUHVVLHUW PLFK GLH 9HUWHLOXQJ GHU 'HSDUWH PHQWH

%UXQR +LW] (UVDW]JHPHLQGHUDW


'HU ODQJH :HJ ]XP %XGJHW $OOHV ZDV LQ HLQHU *HPHLQGH SDVVLHUW EUDXFKW HQWZHGHU HLQH JHVHW]OLFKH *UXQGODJH RGHU HLQHQ UHFKWVNUlIWLJHQ %HVFKOXVV GHU ]XVWlQGLJHQ %HK|UGH 'DVV VLFK GLH *HPHLQGH LQ DOOHQ /H EHQVODJHQ DQV *HVHW] KDOWHQ PXVV JLEW 5HFKWVVLFKHUKHLW XQG LVW GLH %DVLV XQVHUHU 'HPRNUDWLH %XGJHWDEODXI 'DV *HPHLQGHJHVHW] OHJW IHVW GDVV MHGH *HPHLQGH HLQ %XGJHW EUDXFKW :LH GLHVHV %XGJHW HUVWHOOW ZLUG EHU OlVVW GDV *HVHW] GHU *HPHLQGHDXWRQR PLH OHJW DEHU ]ZLQJHQG IHVW GDVV HV LP ODXIHQGHQ -DKU GHU *HPHLQGHYHU VDPPOXQJ YRUJHOHJW ZHUGHQ PXVV 8QVHUHQ %XGJHWSUR]HVV KDW GHU *H PHLQGHUDW OHW]WPDOV LP $SULO GLV NXWLHUW XQG IHVWJHOHJW 6WDUW LP )U KOLQJ *HVW W]W DXI IDFKOLFKH (PSIHKOXQJHQ ZXUGH EHVFKORVVHQ PLW GHP %XGJHW SUR]HVV EHUHLWV LP )U KOLQJ ]X EHJLQ QHQ 6R OlVVW GLH )LQDQ]YHUZDOWXQJ EHUHLWV LP $SULO GHQ .RPPLVVLRQHQ XQG %XGJHWYHUDQWZRUWOLFKHQ GLH HQWVSUH FKHQGHQ 8QWHUODJHQ ]XNRPPHQ 'LHVH P VVHQ ]XVDPPHQ PLW GHP ,QYHVWLWL RQVSURJUDPP ELV (QGH -XOL GHU )LQDQ] YHUZDOWXQJ HLQJHUHLFKW ZHUGHQ *URVVH +HUDXVIRUGHUXQJ ) U GLH %XGJHWYHUDQWZRUWOLFKHQ VLQG GLH GUHL 0RQDWH GLH LKQHQ ]XU 9HUI JXQJ VWHKHQ HLQH JURVVH +HUDXVIRUGHUXQJ $EJHVHKHQ YRP 6FKXOOHLWHU XQG GHU 9HUZDOWXQJ VHW]HQ VLFK DOOH LP 0LOL]V\V WHP QHEHQ LKUHP %HUXI HLQ *HPlVV 9RUJDEHQ LP *HPHLQGHUDWVEH VFKOXVV P VVHQ DOOH 1HX- XQG (UVDW] DQVFKDIIXQJHQ EHJU QGHW XQG QDFK 3ULRULWlW HLQJHVWXIW ZHUGHQ -HGH %XG JHWHLQJDEH PXVV ]XGHP NODU DOV 3IOLFKW EHGDUI RGHU DOV :DKOEHGDUI EH]HLFKQHW ZHUGHQ GDPLW GDV ©QHHG WR KDYHª DXI HLQHQ %OLFN YRP ©QLFH WR KDYHª XQWHU VFKLHGHQ ZHUGHQ NDQQ ) U $QVFKDIIXQJHQ EHU µ )UDQ NHQ VLQG ]XGHP 5LFKWRIIHUWHQ HLQ]XKR OHQ XQG DOOH %XGJHWHLQJDEHQ VLQG VR GDU]XVWHOOHQ GDVV QLFKW QXU GLH %XGJHW ]DKO DOV VROFKHV VRQGHUQ GDQHEHQ

DXFK MHQH GHV 9RUMDKUHV VRZLH GLH OHW] WH 5HFKQXQJV]DKO HUVLFKWOLFK LVW $QWHLO GHV .DQWRQV 'HU IUDQNHQPlVVLJH /|ZHQDQWHLO GHU %XGJHWHLQJDEHQ LVW IUHPGJHVWHXHUW 5XQG GHU $XVJDEHQ N|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« 'LH )LQDQ]SODQNRPPLVVLRQ LVW GLH HUVWH GLH VLFK LQKDOWOLFK PLW GHP %XGJHWHQW ZXUI EHIDVVW %LV (QGH $XJXVW PXVV VLH LQ HLQHU HUVWHQ 6LW]XQJ GHQ (QWZXUI EHUDWHQ XQG (PSIHKOXQJHQ DQ GHQ *H PHLQGHUDW IRUPXOLHUHQ :HQQ %XGJHW HLQJDEHQ JlQ]OLFK LQ )UDJH JHVWHOOW ZHUGHQ LVW GLHV GHQ %XGJHWYHUDQWZRUW OLFKHQ XQG GHP *HPHLQGHUDW PLW]XWHL OHQ « LQ GHQ *HPHLQGHUDW 'LH HUVWH /HVXQJ GHV %XGJHWV LP *H PHLQGHUDW LVW DXI GLH 6LW]XQJ 0LWWH 6HS WHPEHU WHUPLQLHUW DQ GHU DXFK GDV ,Q YHVWLWLRQVSURJUDPP JHQHKPLJW ZLUG

GHU *HPHLQGHYHUVDPPOXQJ YHUDE VFKLHGHW ZHUGHQ GLH HV QDFK 9RUJDEH GHV *HPHLQGHJHVHW]HV VSlWHVWHQV LP 'H]HPEHU ]XVDPPHQ PLW GHP 6WHXHU IXVV I U GDV NRPPHQGH -DKU EHVFKOLHV VHQ PXVV *XWHV .RVWHQEHZXVVWVHLQ 'LH ELVKHULJHQ (UIDKUXQJHQ PLW GHP %XGJHWSUR]HVV VLQG VHKU SRVLWLY 'LH %XGJHWYHUDQWZRUWOLFKHQ KDEHQ VHLW HLQ VWDUNHV .RVWHQEHZXVVWVHLQ HQWZLFNHOW XQG YHUPHLGHQ YRUELOGOLFK GDV (LQSODQHQ YRQ YHUVWHFNWHQ 5HVHU YHQ 6R LVW GLH $XVJDEHQVHLWH GDQN IULVWJH UHFKWHQ XQG IXQGLHUWHQ $ENOlUXQJHQ GHU %XGJHWYHUDQWZRUWOLFKHQ UHODWLY JHQDX YRUKHU]XVDJHQ 'DV (LQQDKPHQ-2UDNHO 'HQ LP ZDKUVWHQ 6LQQ GHV :RUWHV XQ EHUHFKHQEDUVWH 7HLO GHV %XGJHWV KDW GLH )LQDQ]YHUZDOWXQJ EHL]XVWHXHUQ GLH (LQQDKPHQVHLWH :HLO YLHOH 6WHXHU SIOLFKWLJH I U GDV 9RUMDKU QRFK QLFKW UHFKWVNUlIWLJ YHUDQODJW VLQG P VVHQ I U GLH +RFKUHFKQXQJHQ MHZHLOV GLH =DKOHQ GHV 9RU-9RUMDKUHV KHUDQJH]RJHQ ZHU GHQ 'DV I KUW VRZRKO EHL GHQ QDW UOL FKHQ DOV DXFK EHL GHQ MXULVWLVFKHQ 3HU VRQHQ ]X HLQHP YHULWDEOHQ %OLFN LQ GLH .ULVWDOONXJHO EHL GHP GLH )LQDQ]YHUZDO WHULQ QLFKW QXU GLH 9HUlQGHUXQJ EHL GHU $Q]DKO GHU 6WHXHUSIOLFKWLJHQ VRQGHUQ DXFK GLH $XVZLUNXQJ YRQ 6WHXHUUHIRU PHQ XQG :LUWVFKDIWVHQWZLFNOXQJHQ LQ GLH 3URJQRVHQ PLW HLQEH]LHKHQ PXVV

1DFK GHQ +HUEVWIHULHQ IROJW LP *HPHLQ GHUDW GLH GHWDLOOLHUWH %HUDWXQJ ]XVDP PHQ PLW GHQ %XGJHWYHUDQWZRUWOLFKHQ – HLQH 6LW]XQJ GLH QLFKW VHOWHQ ELV 0LWWHU QDFKW GDXHUW (QGH 2NWREHU NDQQ DOOHQIDOOV HLQH GULWWH /HVXQJ GHV %XGJHWV LP *HPHLQGHUDW HUIROJHQ ZHQQ 5 FNNRPPHQVDQWUlJH DXI HLQ]HOQH 3RVLWLRQHQ HUIRUGHUOLFK VLQG 6SlWHVWHQV 0LWWH 1RYHPEHU PXVV GDV %XGJHW YRP *HPHLQGHUDW ]XKDQGHQ

&RULQQH 6DQHU )UDNWLRQVSUlVLGHQWLQ 5HVVRUWOHLWHULQ )LQDQ]HQ

1HXMDKUVJUXVV 'LH )'3 'LH /LHEHUDOHQ Z QVFKW DOOHQ /HVHULQQHQ XQG /HVHUQ HLQH EHVLQQOLFKH $GYHQWV]HLW IURKH )HVWWDJH XQG HLQHQ JHOXQJHQHQ 5XWVFK LQ HLQ JO FNOLFKHV


%XGJHW DOOHV HWZDV DQGHUV 'DV %XGJHW LVW LQ ]ZHLIDFKHU +LQ VLFKW HWZDV %HVRQGHUHV HV ZLUG HUVW PDOV QDFK +50 HUVWHOOW XQG HV EH U FNVLFKWLJW GHQ ),/$ (*

$OOHV LQ DOOHP EHVFKHUW GLH 8PVWHOOXQJ DXI +50 GHU )LQDQ]YHUZDOWXQJ LP ODXIHQGHQ -DKU 0HKUDUEHLW YRQ EHU 6WXQGHQ

+50

1HXHU )LQDQ]DXVJOHLFK

+50 LVW QLFKW HWZD HLQ QHX HQWGHFNWHV 9LUXV VRQGHUQ VWHKW I U ©KDUPRQLVLHUWHV 5HFKQXQJVOHJXQJVPRGHOO ª *H PlVV %HVFKOXVV GHV .DQWRQVUDWV P V VHQ HV DE DOOH *HPHLQGHQ DQZHQ GHQ

1LFKW JHQXJ GDPLW GDVV GDV %XGJHW GLH QHXH *OLHGHUXQJ XQG GHQ $XI EDX YRQ +50 YHUNUDIWHQ PXVV (V IOLHVVW DXFK HUVWPDOV GHU ),/$ (* HLQ %HLP ©)LQDQ]- XQG /DVWHQDXVJOHLFK GHU (LQZRKQHUJHPHLQGHQª ZDU GHU .DQWRQ ]ZDU VFKQHOO ]XU +DQG PLW GHU %HNDQQW JDEH YRUDXVVLFKWOLFKHU %HLWUlJH GLH GHILQLWLYHQ =DKOHQ ODVVHQ DEHU DXI VLFK ZDUWHQ %HL 5HGDNWLRQVVFKOXVV GHV )'3-,QIR ZDU GHU .DQWRQVEHLWUDJ I U XQVHUH 0XVLNVFKXOH QRFK QLFKW EH NDQQW

'DV %XGJHW SUlVHQWLHUW VLFK GHV KDOE PLW DQGHUHP $XIEDX XQG DQGHUHU 6WUXNWXU +50 YHUODQJW HLQHQ QHXHQ .RQWHQSODQ PLW VWDUN HUK|KWHP 'HWDLOLH UXQJVJUDG 'DV )LQDQ]YHUP|JHQ PXVV QHX EHZHU WHW XQG GDV 9HUZDOWXQJVYHUP|JHQ LQ YHUVFKLHGHQH $QODJHNDWHJRULHQ PLW XQWHUVFKLHGOLFKHU ZLUWVFKDIWOLFKHU 1XW ]XQJVGDXHU HLQJHWHLOW ZHUGHQ $QODJH J WHU VLQG QLFKW PHKU GHJUHVVLY VRQ GHUQ QHX OLQHDU QDFK 1XW]XQJVGDXHU DE]XVFKUHLEHQ

$XVJHJOLFKHQHV %XGJHW $OOHQ 8QZHJVDPNHLWHQ ]XP 7URW] NDQQ DQ GHU *HPHLQGHYHUVDPPOXQJ DEHU HLQ DXVJHJOLFKHQHV %XGJHW SUlVHQ WLHUW ZHUGHQ GDV GHQ EHVWHKHQGHQ %L ODQ]IHKOEHWUDJ RUGQXQJVJHPlVV DEEDXW

XQG RKQH ZHLWHUH 6WHXHUHUK|KXQJ DXV NRPPW =X GLHVHP (UJHEQLV KDW XQVHUH )UDNWL RQ PLW YLHO $XVGDXHU XQG +DUWQlFNLJNHLW EHLJHWUDJHQ GLH ]X %XGJHWHQWODVWXQJHQ YRQ EHU µ )UDQNHQ JHI KUW KD EHQ * UWHO HQJHU VFKQDOOHQ 'DV DXVJHJOLFKHQH %XGJHW LVW OHLGHU NHLQ *UXQG DXI]XDWPHQ (LQLJH %XGJHWHQWODVWXQJHQ – ZLH GLH . U]XQ JHQ EHLP 'UHLURVHQEODWW – VFKPHU]HQ $QGHUH – ZLH GHU 8QWHUKDOW YRQ 6WUDV VHQ XQG *HElXGHQ – VLQG OHGLJOLFK DXI JHVFKREHQ XQG NRPPHQ PLW HWZDV 9HUVSlWXQJ GRFK DXI XQV ]X (V VFKHLQW GDVV GHU HQJHU JHVFKQDOOWH * UWHO ]X HLQHP EOHLEHQGHQ $FFHVVRLUH ZLUG

&RULQQH 6DQHU )UDNWLRQVSUlVLGHQWLQ 5HVVRUWOHLWHULQ )LQDQ]HQ

6DQLHUXQJ GHU +DXSWVWUDVVH 1RUG 'LH +DXSWVWUDVVH GXUFK GHQ DOWHQ 'RUI NHUQ ZXUGH EHNDQQWOLFK YRP .DQWRQ DQ GLH *HPHLQGH DEJHWUHWHQ $XFK YHU NHKUVWHFKQLVFK ZXUGH GHU 6WUDVVHQ]XJ DQ GHU 6FKPLWWHQEU FNH YRQ GHU .DQ WRQVVWUDVVH JHWUHQQW 'LH +DXSWYHU NHKUVDFKVH I KUW MHW]W GLUHNW QDFK 6W VVOLQJHQ 'HU 6WUDVVHQ]XJ EHNRPPW GDGXUFK HLQH QHXH %HGHXWXQJ 6LH EOHLEW GLH +DXSWVDPPHOVWUDVVH LP REH UHQ 2UWVWHLO LVW DEHU NHLQH .DQWRQV VWUDVVH PHKU ZRI U VLH HLQVW DXVJHOHJW ZXUGH 'DV PDFKW LP =XVDPPHQKDQJ PLW GHU 9HUODJHUXQJ GHU (LQNDXIVP|J OLFKNHLWHQ GHU 3RVW XQG GHU *HPHLQGH NDQ]OHL LQV 8QWHUGRUI GXUFKDXV 6LQQ 'DV |IIHQWOLFKH /HEHQ ILQGHW MHW]W UXQG XPV ©&HQWURª XQG GHQ QHX HQWVWDQGH QHQ 'RUIWHLO ©0LWWHª VWDWW 'LH lOWHUH *HQHUDWLRQ HULQQHUW VLFK EH VWLPPW QRFK DQ GLH =HLW DOV GHU %XV ZHQGHSODW] 'RUISODW] QRFK 3RVWSODW] KLHVV ZHLO GLH 3RVW LQ XQPLWWHOEDUHU 1lKH ODJ GDV .RQVXP GDV 0LOFKK WWOL ]ZHL 0HW]JHUHLHQ ]ZHL %lFNHUHLHQ HLQH 7DQNVWHOOH XQG XQ]lKOLJH %HL]HQ GLH +DXSWVWUDVVH ]ZLVFKHQ GHP 'HQQHU XQG GHP Q|UGOLFKHQ 'RUIDXVJDQJ VlXPWHQ 9HUEOLHEHQ VLQG OHGLJOLFK GHU

MlKUOLFKH 'RUIPDUNW ]ZHL 5HVWDXUDQWV XQG GHU 9HUNHKU 'XUFK GLH Q|WLJH %HODJVVDQLHUXQJ XQG GHU :HUNOHLWXQJHQ HUJLEW VLFK MHW]W GLH HLQPDOLJH *HOHJHQKHLW GHQ Q|UGOLFKHQ 'RUIWHLO HQWVSUHFKHQG VHLQHU KLVWRUL VFKHQ 6FK|QKHLW DXI]XZHUWHQ XQG GLH 6LFKHUKHLW I U DOOH 9HUNHKUVWHLOQHKPHU ]X YHUEHVVHUQ 'LHV YRU DOOHP LQ +LQ EOLFN DXI XQVHUH VFKZlFKVWHQ 9HUNHKUV WHLOQHKPHU GHQ .LQGHUQ GHUHQ 6FKXO ZHJ PDQFKHURUWV GLH +DXSWVWUDVVH TXHUW $XFK GLH +RFKZDVVHUJHIDKU GLH YRP 'RUIEDFK DXVJHKW PXVV PLW GLHVHU 6DQLHUXQJ HLQJHGlPPW ZHUGHQ 0LW GHP .DXI XQG GHP $EEUXFK GHV 5HV WDXUDQW -XUD KDW GLH *HPHLQGH GHQ *UXQGVWHLQ I U GLHVHV 9RUKDEHQ JHOHJW $OOH DXIJH]lKOWHQ %HG UIQLVVH P VVHQ XQWHU HLQHQ +XW JHEUDFKW ZHUGHQ XQG EHG UIHQ HLQHU XPIDVVHQGHQ 3ODQXQJ 'LH *HPHLQGH KDW GDV 3ODQXQJVE UR 0HWURQ EHDXIWUDJW HLQH .RQ]HSWVWXGLH DXV]XDUEHLWHQ (LQH .HUQJUXSSH EHVWH KHQG DXV 0LWJOLHGHUQ GHU %DXNRPPLVVL RQ GHP $XVVFKXVV .HUQ]RQH GHP *HPHLQGHUDW 5HVVRUW %DX XQG GHP %DXYHUZDOWHU KDW GLH 3ODQXQJ EHJOHLWHW ,QWHUHVVLHUWH $QZRKQHU GHU +DXSWVWUDV

VH VLQG HEHQIDOOV LQ GHQ 3UR]HVV HLQEH ]RJHQ ZRUGHQ XP P|JOLFKVW YLHOH %H G UIQLVVH XQG (UIDKUXQJHQ LQ GLH 3OD QXQJ HLQIOLHVVHQ ]X ODVVHQ 'LH 6WXGLH OLHJW MHW]W YRU XQG LVW VHLW GHP 1RYHPEHU DXI GHU *HPHLQGH YHUZDOWXQJ I U HLQHQ 0RQDW HLQVHKEDU (LQH ©,QSXW-%R[ª VWHKW I U LKUH $QUH JXQJHQ XQG : QVFKH EHUHLW 'HU *H PHLQGHUDW XQG GDV 3ODQXQJVWHDP P|FKWHQ VLH HUPXQWHUQ DQ GHU |IIHQWOL FKHQ 0LWZLUNXQJ WHLO]XQHKPHQ ,KUH 0HLQXQJ LVW JHIUDJW 'HWDLOV ]X GHU 3OD QXQJ EHVFKUHLEW GHU %HULFKW XQVHUHV %DXYHUZDOWHUV LP 'UHLURVHQEODWW GDV $QIDQJ 'H]HPEHU HUVFKHLQHQ ZLUG 0LW ,KUHQ ,QSXWV ZLUG GLH 3ODQXQJ ZHL WHUJHI KUW .RVWHQ EHUHFKQHW XQG VR KRIIHQ ZLU ZLUG GDV 3URMHNW EDOG LQ GLH 5HDOLWlW XPJHVHW]W 'LH =HLW GUlQJW 'LH *HPHLQGH P|FKWH VR ZHQLJ *HOG ZLH P|JOLFK LQ GLH ,QVWDQGKDOWXQJ GHU EH VWHKHQGHQ 6WUDVVH LQYHVWLHUHQ P VVHQ

5ROI *XOGLPDQQ 3UlVLGHQW %DX XQG 3ODQXQJVNRPPLVVLRQ


:LU JUDWXOLHUHQ« 'DV )'3-,QIR 5HGDNWLRQV-7HDP JUDWXOLHUW ]XP UXQGHQ *HEXUWVWDJ XQG Z QVFKW GHQ *HEXUWVWDJVNLQGHUQ DOOHV *XWH YLHO *O FN XQG *RWWHV 6HJHQ 9RP 1RYHPEHU ELV 0lU] IHLHUQ E]Z IHLHUWHQ

ϳϬ͘ 'ĞďƵƌƚƐƚĂŐ͗

DP 6FKHQNHU-6FKLEOHU 0DUNXV .DOWVWUDVVH

DP YRQ )HOWHQ-+RI (OLVDEHWK %LUNHQVWUDVVH

DP 5XGROI-6FKPLG 8UVXOD /LQGHQVWUDVVH

DP $PZHJ-:LGPHU (UQVW *LHVVK EHOVWUDVVH

ϴϬ͘ 'ĞďƵƌƚƐƚĂŐ͗ DP *DVFKH-%U KZLOHU %HUQKDUG 5LJLVWUDVVH

DP 0DULW]-%lFKWROG &RQUDG 5HQQZHJ

ϵϬ͘ 'ĞďƵƌƚƐƚĂŐ͗

DP 'L /LGGR-5LFFKHOOR 8PEHUWR +DXSWVWUDVVH

DP 6WHLQHU-6FKXPDFKHU +HGZLJ 6W|FNOLVUDLQVWUDVVH

DP % WLNRIHU 0DUWLQ 6FKXOVWUDVVH

DP 0DUWLQL-1DXHU (PLOLH 3DUDGLHVVWUDVVH

DP $HEOL +HLQULFK 3DUDGLHVVWUDVVH

ϵϭ͘ 'ĞďƵƌƚƐƚĂŐ͗

DP .RFK-.UXPPHQDFKHU 5REHUW :HLQEHUJVWUDVVH DP 9RJW-&DGXII 5RODQG +DXSWVWUDVVH

DP /DJQD]-:HUQOL &KULVWLQH 7URWWHQDFNHUVWUDVVH

ϵϮ͘ 'ĞďƵƌƚƐƚĂŐ͗ DP *XEOHU-%LHGHUPDQQ 6RSKLH +DXSWVWUDVVH %3= 6FKORVVJDUWHQ 1LHGHUJ|VJHQ

DP 3HLHU-+DPPHU )ULHGULFK 6W VVOLQJHUVWUDVVH DP 5HLFKPXWK-6FKLEOHU 0HLQUDG .DOWVWUDVVH DP )XFKV-6FK UPDQQ 0DUJXHULWH 6DQGJUXEHQVWUDVVH

DP 0ROO-6WXGHU (OOD 5HQQZHJ $

DP 6HQQ-YRQ $U[ $QQD /RXLVD +DXSWVWUDVVH %3= 6FKORVVJDUWHQ 1LHGHUJ|VJHQ DP 3HLHU-$QQDKHLP -RKDQQD *UXQGVWUDVVH $OWHUV-X 3IOHJHKHLP 6W 0DUWLQ 2OWHQ

ϵϱ͘ 'ĞďƵƌƚƐƚĂŐ͗ DP :LGPHU-*lUWQHU 2OJD (LEDFKVWUDVVH

ϵϲ͘ 'ĞďƵƌƚƐƚĂŐ͗ DP 'HPPHUDWK $QQD 2EHUU WWHQHQVWUDVVH 6HQLRUHQ-3HQVLRQ )DOOHUQ 5 WWHQHQ

ϵϴ͘ 'ĞďƵƌƚƐƚĂŐ͗ DP $QQDKHLP-%U JJHU .ODUD *UXQGVWUDVVH $OWHUV-X 3IOHJHKHLP 6W 0DUWLQ 2OWHQ

ϭϬϭ͘ 'ĞďƵƌƚƐƚĂŐ͗ DP +lOJ-3HLHU ,GD 3ILIIHUDFNHUVWUDVVH

DP %DLVRWWL-)ULFNHU +HGZLJ 0DWWHQVWUDVVH

)DPLOLHQ 3LFNQLFN $P 6HSWHPEHU IDQG GDV )DPLOLHQ 3LFNQLFN LP :DOGKDXV 1LHGHUJ|VJHQ VWDWW (V ZDU HLQ JHP WOLFKHU $QODVV LQ ORFNHUHU $WPRVSKlUH (V ZXUGH JHODFKW XQG GLVNXWLHUW *HVSUlFKH EHU 3ROLWLN XQG YLHOHV PHKU

7URW] GHV JHOXQJHQHQ $QODVVHV KDEHQ ZLU XQV LP 9RUVWDQG GDU EHU XQWHUKDO WHQ ZHVZHJHQ GLH 2UWVSDUWHL YRQ /RVWRUI XQG 0DKUHQ LQ 1LHGHUJ|VJHQ IHLHUW 6HOEVWYHUVWlQGOLFK GDV :DOG KDXV 1LHGHUJ|VJHQ LVW HLQ LGHDOHU

%HYRUVWHKHQGH 7HUPLQH 'H]HPEHU

%XGJHW-*HPHLQGHYHUVDPPOXQJ

-DQXDU

'UHLN|QLJV-$SpUR

6WDQGRUW $EHU DXFK LQ /RVWRUI ILQGHW PDQ YHUJOHLFKEDUH 3OlW]H 1DFK NXU]HU 'LVNXVVLRQ ZDU HV EHVFKORVVHQH 6D FKH GDVV GDV QlFKVWH )DPLOLHQ 3LFN QLFN LP LQ /RVWRUI VWDWWILQGHQ ZLUG


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.