BWT resignation

BWT, the Austrian water management company, has announced a change in the Board of Management to take effect in October. Massimo Grassi, member of the BWT Board of Management and COO in charge of the AET segment, will quit his position in BWT Group as of 1st October 2003. His decision is based on personal issues related to the possibility offered from his new company in his native country Italy. The responsibilities of Massimo Grassi within the BWT Group will be taken over by Andreas Weissenbacher.

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