PSI Software SE PSI Streamlines the Group Structure

RNS Number : 9916T

PSI Software SE

26 June 2024

 

PSI Software SE / Key word(s): Miscellaneous/Merger PSI Streamlines the Group Structure 26.06.2024 The issuer is solely responsible for the content of this announcement. PSI Streamlines the Group Structure Merger of the German subsidiaries into PSI Software SE Berlin, June 26, 2024 - PSI Group is streamlining its organizational structure by merging its German subsidiaries into the Group's parent company, PSI Software SE. The structural simplification facilitates the PSI-wide harmonization and streamlining of business processes, unlocks synergy potential and improves the overall scalability of the business. With this important step, PSI is creating the organizational preconditions for the Group's positioning as a modern, integrated software company. At the same time, this streamlining supports the focus on profitable growth and strengthens the Group-wide PSI identity. Through this merger in Germany and its strong regional hubs at international locations, PSI is ideally positioned to continue its international growth on specific target markets. For PSI customers, the relationship with the business units of PSI Software SE will not be affected by this step. They will benefit from an even stronger financial basis and an increased pool of integrated expert ressources. The PSI Group develops software products for optimizing the flow of energy and materials for utilities and industry. As an independent software producer with more than 2,300 employees, PSI has been a technology leader since 1969 for process control systems that ensure sustainable energy supply, mobility and production by combining AI methods with industrially proven optimization methods. The innovative industry products can be operated on-premises or in the cloud. www.psi.de Contact: PSI Software SE Karsten Pierschke Head of Investor Relations and Corporate Communication Dircksenstraße 42-44 10178 Berlin Germany Tel. [phone] Email: [e-mail]   26.06.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com

Language:	English
Company:	PSI Software SE
	Dircksenstraße 42-44
	10178 Berlin
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.psi.de
ISIN:	DE000A0Z1JH9
WKN:	A0Z1JH
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1933759

 

End of News	EQS News Service

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