Dennis Hengst

Schumag AG is a Germany-based engaged in the machinery and precision mechanics manufacture. The Company has three business segments: Precision Engineering, which produces automotive parts, components for precision measuring and indicating equipment, precision axles for a wide range of households appliances, components for medical and optical equipment, standard precision parts for injection molding and pressure die-casting as well as precision parts in small lot sizes manufactured according to the customers' drawings; Plant Engineering, which consists of the production of components for the energy sector, in particular of oil and gas supply systems as well as power plants and nuclear power stations; Other segments, which is related to business activities that cannot be assigned to any other segment and include activities connected with the real property held as a financial investment.