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Heumann Joins Heidelberg’s Supervisory Board

Karen Heumann is joining the Supervisory Board of Heidelberger Druckmaschinen AG, which is to become official at the press makers’ Annual General Meeting on July 28, 2016. Heumann, an entrepreneur and advertising strategist, was appointed by the Mannheim Court of Registration on March 24, 2016.

“We are pleased to welcome Karen Heumann to our Supervisory Board as an experienced entrepreneur,” said Dr. Siegfried Jaschinski, Chairman of the Supervisory Board of Heidelberg. “Her wide-ranging expertise in brands and advertising and her experience in the printing industry will be of huge value to us during the ongoing realignment of Heidelberg.”

Heumann is a founder of thjnk AG, an agency group that specializes in marketing communications, where she has been Spokesperson of the Management Board since 2012. She previously spent close to 20 years in leading roles at international advertising agencies and is noted as having substantial experience in the work carried out by supervisory boards.

In other news, Heidelberg on March 31 announced it is receiving a €100 million loan from the European Investment Bank (EIB) to support its research and development activities. Heidelberg states the funds will be directed toward digitization, software integration and expansion of its digital printing portfolio.

To help finance the R&D program, the EIB is providing Heidelberg with a development loan that can be drawn down in tranches, each with a seven-year term. Heidelberg explains this is the first time a large German company has benefited from the European Fund for Strategic Investments (EFSI), which is the centrepiece of the Investment Plan for Europe.