Schottel Reorganizes

July 25, 2007

With a revised product range and a new corporate structure, Germany’s Schottel announced that its headquarters in Spay/Rhine and Schottel Antriebstechnik GmbH in Wismar have been merged to form the new Schottel GmbH with its registered office in Spay and branches in Wismar and Hamburg. Schottel Schiffsmaschinen GmbH, which is also based at the Wismar location, will continue to develop and manufacture controllable-pitch propeller systems as an independent company.

The core competencies of Schottel GmbH are the development, production and servicing of steerable propulsion and maneuvering systems such as the Rudderpropeller and its electric variant the Combi Drive, the Schottel Pump-Jet and the SCHOTTEL Transverse Thrusters. “In the coming years we shall continue to grow on the strength of our capabilities,” Managing Director Prof. Dr.-Ing. Gerhard Jensen said. With an exceptionally high level of orders on hand in all business segments and booming demand for Schottel products worldwide, a new production shop is being built in China, as well as a new warehouse in Wismar, both in the course of this year. The company management is currently examining further possibilities for increasing production capacity.

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