Interim Report 1st Half 2007

Employees

  30/06/2007 31/12/2006 Change
Total workforce 18,379 18,419 -40
Apprentices, students, trainees 844 1,030 -186
Passive age-related part-time employment 400 497 -97
Core workforce 17,135 16,892 243
of which Steel Division 6,783 6,830 -47
of which Tubes Division 4,289 4,191 98
of which Trading Division 1,859 1,835 24
of which Services Division 4,064 3,916 148
of which Others 140 120 20

The core workforce of the Salzgitter Group came to 17,135 employees as per June 30, 2007. The increase of 243 persons as against December 31, 2006, was mainly due to hiring trainees in the Services Division, as well as to raising the number of employees in the Tubes Division. The main reason for the decline in Steel Division was the entry of employees into the active phase of age-related part-time employment and the associated reallocation to SZST Salzgitter Service und Technik GmbH in the Services Division. The increase in the Others segment was caused by regrouping of line functions from other divisions into the holding.


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