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Press Release 

RENK appoints Mathias Rusch as new CEO for the Slide Bearings segment.

Augsburg, November 3, 2023 – RENK Group AG, one of the world's leading manufacturers of mission-critical propulsion technologies, is strengthening the Slide Bearings segment at its Hanover location. As of 1 November, Mathias Rusch will assume the position of CEO for the Slide Bearings segment.

In addition to his sales experience in the marine and propulsion sector, Mathias Rusch has many years of experience in the production environment and has the necessary expertise to drive our Plain Bearings segment forward.

"We look forward to continuing the success story of RENK and our Hydrodynamic Bearings segment together with Mathias Rusch. Our goal remains to play a key role in the development of future technologies with our technically mature bearings," says Nadine Despineux, CEO Marine & Industry.

RENK is the world's leading manufacturer of bearings for conventionally powered submarines. More than 40 navies and coastguards rely on our products because of our expertise in complex propulsion systems with high noise and vibration requirements. At the same time, we are one of the technology leaders in the development of the wind energy sector. RENK's technologically advanced slide bearings can handle the enormous loads of future wind turbines with rotor diameters of more than 200 m and power classes of more than 20 MW.

Mathias Rusch

About RENK Group

Headquartered in Augsburg, Germany, the RENK Group is a leading global player for high-end gear units, power packs, hybrid propulsion systems, suspension systems, plain bearings, couplings, and test systems. The company caters to a multiplicity of end markets, focusing especially on security and defense, energy and infrastructure.

Disclaimer
This release contains forward-looking statements. These statements are based on the current views, expectations, assumptions, and information of the management of RENK Holding GmbH (the “Company”). Forward-looking statements should not be construed as a promise of future results and developments and involve known and unknown risks and uncertainties. Various factors could cause actual future results, performance, or events to differ materially from those described in these statements, and neither the Company nor any other person accepts any responsibility for the accuracy of the opinions expressed in this release or the underlying assumptions. The Company does not assume any obligations to update any forward-looking statements. Moreover, it should be noted that all forward-looking statements only speak as of the date of this release and that the Company assumes no obligation, except as required by law, to update any forward-looking statement or to conform any such statement to actual events or developments.

The Company expressly disclaims any obligation or undertaking to update, review or revise any forward-looking statement contained in this release, whether as a result of new information, future developments or otherwise.

Günther Hörbst

Get in touch with us in case of any questions and requests.

Günther Hörbst
Head of Group Communications
Phone number
+49 160 5347450
Email
[email protected]

Head of Group Communications

Günther Hörbst

Phone number
+49 160 5347450