Kjellberg Foundation

Tradition & Development written with Capital Letters

The Kjellberg Foundation is a civil law foundation with legal capacity. It is subject to the legal supervision of the German federal state of Brandenburg and is registered with the supervisory board for foundations of the Ministry of the interior and communities of the federal state of Brandenburg. It is the sole shareholder of the Kjellberg Finsterwalde Group with registered office in Finsterwalde.

Purposes of the Foundation

The purposes of the foundation are realised by the establishment and management of and the participation in facilities for the aforementioned purposes as well as by promoting appropriate measures of third parties. The foundation is non-profit-making and does not primarily pursue economic purposes of its own. Article 2 of the charter of the Kjellberg Foundation defines the following purposes:

• The research and application of innovative material processing technologies in order to preserve and continue the traditions of the welding and cutting industry in its regional context, especially by technological methods of joining, separating and altering, as well as by promoting scientific studies.
• The application of scientific-technical achievements for social progress and peaceful use
• The improvement of working environments with regard to all aspects of work in order to protect the security and health of all employees with simultaneous progress on self-determination in a free and democratic society.
• The promotion of capital formation of the employees by individual proportionate productive property
• The joint prevention of abuse of economic power.
• The support of structural development in the regions with the intention to create and to preserve equal living and working conditions in all regions by participating in the development and structural adjustment of less advanced regions and the adjustment of industrial regions with negative development.