Austria Email AG - R.AEM- Profile

Austria Email AG(AE). The Group's principal activity is the manufacture and provision of water heating systems, including a range of products from small electric hot-water storage tanks to large tanks and electric space heating units. The Company is active in the field of renewable-energy technology, providing complete solar energy installations as well as individual components such as solar collectors, solar accumulators, and accumulators for space heating systems on a partly solar basis. The Company's product range includes special units for industrial water treatment and heating as well as accumulators for district-heating systems. The manufacture of water tanks and heating equipment accounted for 82% of 2001 revenues; merchandise, 16% and customer service, 2%