PSI Streamlines the Group Structure
EQS-News: PSI Software SE / Key word(s): Miscellaneous/Merger
PSI Streamlines the Group Structure
26.06.2024 / 12:13 CET/CEST
The issuer is solely responsible for the content of this announcement.
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PSI Streamlines the Group Structure
Merger of the German subsidiaries into PSI Software SE
Berlin, June 26, 2024 - PSI Group is streamlining its organizational
structure by merging its German subsidiaries into the Group's parent
company, PSI Software SE. The structural simplification facilitates the
PSI-wide harmonization and streamlining of business processes, unlocks
synergy potential and improves the overall scalability of the business.
With this important step, PSI is creating the organizational preconditions
for the Group's positioning as a modern, integrated software company. At the
same time, this streamlining supports the focus on profitable growth and
strengthens the Group-wide PSI identity. Through this merger in Germany and
its strong regional hubs at international locations, PSI is ideally
positioned to continue its international growth on specific target markets.
For PSI customers, the relationship with the business units of PSI Software
SE will not be affected by this step. They will benefit from an even
stronger financial basis and an increased pool of integrated expert
ressources.
The PSI Group develops software products for optimizing the flow of energy
and materials for utilities and industry. As an independent software
producer with more than 2,300 employees, PSI has been a technology leader
since 1969 for process control systems that ensure sustainable energy
supply, mobility and production by combining AI methods with industrially
proven optimization methods. The innovative industry products can be
operated on-premises or in the cloud. www.psi.de
Contact:
PSI Software SE
Karsten Pierschke
Head of Investor Relations and Corporate Communication
Dircksenstraße 42-44
10178 Berlin
Germany
Tel. +49 30 2801-2727
Email: KPierschke@psi.de
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26.06.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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Language: English
Company: PSI Software SE
Dircksenstraße 42-44
10178 Berlin
Germany
Phone: +49 (0)30 2801-0
Fax: +49 (0)30 2801-1000
E-mail: ir@psi.de
Internet: www.psi.de
ISIN: DE000A0Z1JH9
WKN: A0Z1JH
Listed: Regulated Market in Frankfurt (Prime Standard);
Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1933759
End of News EQS News Service
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1933759 26.06.2024 CET/CEST