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April 25, 2015 4:46 PM ET

Professional Services

Company Overview of TÜV SÜD AG

Company Overview

TÜV SÜD AG provides technical services in Germany and internationally. It offers auditing and system certification, inspection, knowledge, testing and product certification, and training services. The company also provides services in the areas of corporate social responsibility, E-mobility, energy efficiency, renewable energy, city solutions, embedded systems, food safety, functional safety, IT security, and water services. It serves aerospace, automotive and transportation, chemical, oil and gas, consumer products and retail, healthcare and medical device, infrastructure, manufacturing and industrial machinery, power and energy, rail, real estate, sports, leisure and entertainment, telecom...

Westendstraße 199

Munich,  80686

Germany

Founded in 1866

Phone:

49 89 57 91 0

Fax:

49 89 57 91 15 51

Key Executives for TÜV SÜD AG

Chairman of the Management Board and Chief Executive Officer
Age: 55
Chief Executive Officer of The Real Estate Division
Chief Executive Officer of Tüv Süd Immowert Gmbh
Chief Executive Officer of the Korea Region
Chief Executive Officer of Western Europe Region
Compensation as of Fiscal Year 2014.

TÜV SÜD AG Key Developments

TUV SUD AG Signs Consultancy Contract with Stadtwerke Japan

TÜV SÜD will advise Stadtwerke Japan. The two parties signed a contract to this effect in Tokyo in March 2015. Limited to an initial term of one year, the consultancy services will cover topics such as new business models, distributed energy supply and assessment of technology options. The core business of the new company, Stadtwerke Japan, will be development of local administration of municipal infrastructures, at first focusing on the area of energy supply. Further typical infrastructures for public services, such as water supply and sanitation, waste disposal and local heating supply, are planned to follow. While the rationale behind the establishment of Stadtwerke Japan by West Holdings is the upcoming liberalisation of Japan’s energy market, the objective pursued by the new company is a broader one.

TÜV SÜD AG Announces Board Changes

With effect from 1 February 2015, the Supervisory Board of TÜV SÜD AG has appointed Klemens Schmiederer to the company's Board of Management. Klemens has in-depth knowledge of the global automobile industry, will be responsible for the Mobility Segment on the Board of Management of Germany's leading TÜV organisation. In this position, he will succeed Horst Schneider who will retire at the end of April 2015. 66-year-old Schneider will nevertheless maintain his links to the leading German TÜV organisation, taking over the post of Chairman of the Board of Directors of the TÜV SÜD Foundation.

Cypark Resources Berhad Partners TÜV SÜD to Test Dump Site-Turned Renewable Energy Park

Cypark Resources Berhad has engaged TÜV SÜD as part of its plan to transform former Pajam dumpsite into Malaysia’s first and biggest renewable energy park. With TÜV SÜD’s testing support, the site which previously had minimal economic, real estate and social value, is now certified as a performance-ready solar park with the ability to power over 17,000 households annually. The MYR 150 million park includes a 13MW lightweight, non-permanent and non-invasive solar park. In 21 years, the solar park will generate MYR 500 million worth of electricity, which is a three-time turnover. This amount of electricity is equivalent to electricity generated by 9,300 tonnes of coal, while potentially reducing 14,335 tonnes of carbon dioxide and 684 tonnes of methane gas emissions a year.

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