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EBS posts positive capital resources again

2015-12-04 | By: Jana Stelz, Head of Communications / Press Spokeswoman

The process of change at the EBS Universität für Wirtschaft und Recht has been progressing with considerable success. This week Managing Director Holger Follmann announced a further important milestone in the ‘Change Campus 2021’ change program: for the first time for five years, the University can point to positive capital resources again – and its administrators are confident that a positive result will be achieved in the current business year.

Holger Follmann has succeeded in significantly improving the capital resources of the EBS Universität für Wirtschaft und Recht gGmbH in the current business year. On September 30, 2015 the University posted positive capital resources again for the first time in five years. And the forecast for the annual financial statement is also positive.

This financial stability has been achieved through the goodwill of the banks, donations from the Dietmar Hopp Foundation, and the acquisition of partnership shares in the Alumni e.V. In addition, the Donation Challenge – supported by Dietmar Hopp – yielded a total amount of approximately €4 million in donations. University employees and professors also made a major contribution to the financial recovery of the EBS thanks to their willingness to go along with the necessary changes. Follmann has been greatly impressed by the support shown by his colleagues: “Such a high degree of commitment and engagement can’t be taken for granted, especially in difficult times like these.”

Follmann adds: “The current developments at the EBS are major grounds for optimism and confirm the fact that we are now on the right road. With the successful restructuring process we have laid the necessary basis for further change. The challenge now is to press ahead with the University’s new strategic focus with all possible vigor and to enlist further sponsors and supporters – plus top-class professors – for the EBS.” In this context, the University is benefiting from the experience and competencies of its alumni: the members of the newly formed ‘Transition Board’ will be advising the Supervisory Board and providing new momentum in such fields as leadership, strategy and governance. The Board will be starting its work at the beginning of 2016 and will then be pressing ahead with the Change Campus 2021 programme.

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Contact
Jana Stelz
Head of Communications / Press Spokeswoman
+49 611 7102 1681
+49 611 7120 10 1681
jana.stelz@ebs.edu
Gustav-Stresemann-Ring 3
65189 Wiesbaden