SALZGITTER MACHINENBAU AG
RAINER VEITH TITLE : CHIEF FINANCIAL OFFICER COMPANY : SALZGITTER MACHINENBAU AG ( SMAG )
Grabs and spreaders One of the major milestones for the group came in 1986 when it acquired the grab technology division of PEINER AG . Its range of products includes bulk cargo and container handling as well as special hoists . Key areas of action are ports , ships , manufacturers of cranes and construction machinery , steel mills , waste-to-energy plants and recycling / scrap handling industries .
Based on the proven PEINER product design , PSLT ' s factories in Salzgitter ( Germany , Headquarters ), Shanghai ( China ) and Chennai ( India ) develop and manufacture lifting equipment for any cargo handling application .
Six years ago , PSLT added spreaders for container handling to its portfolio , which are used in ports and terminals worldwide . The new subsidiary RAM SMAG Lifting Technologies Pte Ltd , headquartered in
EXECUTIVE BIO
Rainer Veith trained as a banker .
In 1996 , he graduated from the University of Paderborn with a degree in business administration . He later completed a degree at WHU / Kellogg with an MBA .
Veith began his professional career as a trainee at Robert Bosch GmbH in the USA , Germany , France and Italy .
Veith took on management tasks for E . ON and Uniper . He then worked as General Director and CFO for the Bilfinger Group in Lyon , France .
Veith was appointed to the SMAG management board in 2019 and is responsible for finance , controlling , human resources , procurement and IT .