KDEH YRQ VHLQHP 9HUKDOWHQ QLFKWV PLWEHNRPPHQ (U EHNHQQH VLFK DXVGUFNOLFK ]XU IUHLKHLWOLFKGHPRNUDWLVFKHQ *UXQGRUGQXQJ GLH
,QKDOWH GHU :KDWV$SS*UXSSH VHLHQ IU LKQ VFKZDU]HU +XPRU JHZHVHQ =XGHP PVVH VHLQH 3HUV|QOLFKNHLW JHZUGLJW ZHUGHQ (U
HQJDJLHUH VLFK VR]LDO XQG VHL 0LWJOLHG GHU )UHLZLOOLJHQ )HXHUZHKU XQG KDEH 6SHQGHQ IU OHXNlPLHNUDQNH .LQGHU JHVDPPHOW
'LHVH $NWLYLWlWHQ VSUlFKHQ NODU JHJHQ UDVVLVWLVFKH DQWLVHPLWLVFKH QHRQD]LVWLVFKH RGHU UHFKWVH[WUHPLVWLVFKH $NWLYLWlWHQ (EHQIDOOV
ZlUH HLQH YRUDXVJHKHQGH 3IOLFKWHQPDKQXQJ HUIRUGHUOLFK JHZHVHQ 'D HU DXV GHU *UXSSH DXVJHWUHWHQ VHL EHVWHKH DXFK NHLQH
:LHGHUKROXQJVJHIDKU =XGHP EHVWQGHQ =ZHLIHO DQ HLQHU SIOLFKWJHPlHQ (UPHVVHQVDXVEXQJ GXUFK GLH %HNODJWH ,Q GHU
:KDWV$SS*UXSSH VHLHQ 6ROGDWHQ 0LWJOLHG EHWHLOLJW JHZHVHQ $QWUlJH DXI (QWODVVXQJ VHLHQ MHGRFK QXU LQ VLHEHQ )lOOHQ JHVWHOOW
ZRUGHQ (LQ GLHQVWJUDGK|KHUHU .DPHUDG DXV GHU JOHLFKHQ (LQKHLW VHL QLFKW HQWODVVHQ XQG QXU HLQH 'LV]LSOLQDUPDQDKPH YHUKlQJW
ZRUGHQ =XGHP JHKH GHU %HVFKHLG DXI GDV 9HUKlOWQLV GHU IULVWORVHQ (QWODVVXQJ QDFK $EV 6* ]X P|JOLFKHQ
'LV]LSOLQDUPDQDKPHQ QLFKW HLQ GLH KLHU DXVUHLFKHQG JHZHVHQ ZlUHQ 6RZHLW HU LP 5DKPHQ VHLQHU 9HUQHKPXQJ HLQJHUlXPW KDEH
GDVV HU HQWVSUHFKHQGH ,QKDOWH LQ GHU *UXSSH JHWHLOW KDEH N|QQH GDV QLFKW JHJHQ LKQ YHUZHQGHW ZHUGHQ $XFK VHL GLH $NWHQHLQVLFKW
GXUFKGLH%HNODJWHXQYROOVWlQGLJEHZLOOLJWZRUGHQ8QNODUVHLZDVGLH'XUFKVXFKXQJVHLQHV0RELOWHOHIRQVHUJHEHQKDEH GLH&KDW
9HUOlXIHPVVWHQYRUJHOHJWZHUGHQ(UKDEHGLH:KDWV$SS*UXSSHDXIVWXPPJHVFKDOWHWXQGEHGDXHUHGLH0LWJOLHGVFKDIW
'HU.OlJHUEHDQWUDJW
GHQ %HVFKHLG GHU %HNODJWHQ YRP -DQXDU LQ GHU *HVWDOW GHV %HVFKZHUGHEHVFKHLGHV YRP 0lU] DXI]XKHEHQ
XQGGLH+LQ]X]LHKXQJVHLQHV3UR]HVVEHYROOPlFKWLJWHQLP9RUYHUIDKUHQIUQRWZHQGLJ]XHUNOlUHQ
'LH%HNODJWHEHDQWUDJW
GLH.ODJHDE]XZHLVHQ
6LH WUlJW YRU GDV $QVHKHQ GHU %XQGHVZHKU VHL VW|UDQIlOOLJ JHJHQEHU 0LOLWlUDQJHK|ULJHQ GLH =ZHLIHO DQ GHU XQEHGLQJWHQ
5HVSHNWLHUXQJ GHV VLWWOLFKHQ :HUWHV GHU 0HQVFKHQZUGH DXINRPPHQ OLHHQ 2E GDV 9HUKDOWHQ GHV .OlJHUV |IIHQWOLFK EHNDQQW
JHZRUGHQ VHL VSLHOH NHLQH 5ROOH (LQH IHKOHQGH 'LVWDQ]LHUXQJ YRQ UHFKWVH[WUHPLVWLVFKHQ *HGDQNHQJXW UHLFKH DXV XP HLQHQ
9HUVWR JHJHQ 6* DQ]XQHKPHQ 'XUFK VHLQ 9HUKDOWHQ KDEH VLFK GHU .OlJHU QLFKW HLQGHXWLJ YRQ GHU *HZDOW XQG
:LOONUKHUUVFKDIW GHV 1D]L5HJLPHV GLVWDQ]LHUW (U KlWWH RKQH QHQQHQVZHUWHQ $XIZDQG GLH *UXSSH YHUODVVHQ N|QQHQ XQG KDEH
VRJDU HLJHQH ,QKDOWH YHUVDQGW (LQH HUQVWOLFKH *HIlKUGXQJ GHU PLOLWlULVFKHQ 2UGQXQJ GXUFK GDV 9HUEOHLEHQ GHV .OlJHUV LQ 'LHQVW
N|QQH EHUHLWV DXIJUXQG GHU .HUQEHUHLFKVYHUOHW]XQJHQ EHMDKW ZHUGHQ 6HOEVW ZHQQ QXU GHU 5DQGEHUHLFK GHU PLOLWlULVFKHQ 2UGQXQJ
EHWURIIHQ VHL OLHJH HLQH 1DFKDKPXQJVJHIDKU YRU (V VHLHQ DXFK NHLQH PLOGHUHQ 0DQDKPHQ LQ *HVWDOW HLQHU 'LV]LSOLQDUPDQDKPH
GHQNEDU 'LHVH VROOWHQ DXI GHQ 6ROGDWHQ LQ GHU :HLVH HLQZLUNHQ GDVV LKP VHLQ )HKOYHUKDOWHQ YRU $XJHQ JHIKUW ZHUGH XQG HU GLHV
QDFK 9HUKlQJXQJ GHU 'LV]LSOLQDUPDQDKPH DEOHJH 'LH (QWODVVXQJ GHV .OlJHUV GLHQH KLQJHJHQ GHP 6FKXW] GHU %XQGHVZHKU YRU
NQIWLJHP 6FKDGHQ =XGHP VHL GDV 9HUWUDXHQVYHUKlOWQLV ]ZLVFKHQ GHU %XQGHVZHKU XQG GHP .OlJHU ]HUVW|UW $XFK OLHJH NHLQ
(UPHVVHQVIHKOHU YRU GHQQ $EV 6* EHLQKDOWH HLQ LQWHQGLHUWHV (UPHVVHQ $W\SLVFKH )lOOH VHLHQ KLHU QLFKW HUVLFKWOLFK 'HU
.OlJHU VHL ZHGHU EHVVHU QRFK VFKOHFKWHU EHKDQGHOW ZRUGHQ DOV DQGHUH 6ROGDWHQ -HGHU 6DFKYHUKDOW ZHUGH LQGLYLGXHOO JHSUIW XQG
EHL 1DFKZHLVEDUNHLW YRQ YHUJOHLFKEDUHP )HKOYHUKDOWHQ ZHUGH GHU 6ROGDW HQWODVVHQ 'LH $NWHQHLQVLFKW VHL YROOVWlQGLJ JHZlKUW
ZRUGHQ
:HJHQ GHU ZHLWHUHQ (LQ]HOKHLWHQ GHV 6DFKYHUKDOWV ZLUG DXI GHQ ,QKDOW GHU *HULFKWVDNWH XQG GHV EHLJH]RJHQHQ
9HUZDOWXQJVYRUJDQJV%H]XJJHQRPPHQ
(QWVFKHLGXQJVJUQGH
hEHU GLH .ODJH KDW QDFK GHP hEHUWUDJXQJVEHVFKOXVV GHU .DPPHU YRP 6HSWHPEHU GHU (LQ]HOULFKWHU ]X HQWVFKHLGHQ
$EV9Z*2
'LH .ODJH LVW ]XOlVVLJ 'DVV GLH 'LHQVW]HLW GHV .OlJHUV UHJXOlU PLW $EODXI GHV -DQXDU HQGHWH IKUW QLFKW ]XP :HJIDOO GHV
5HFKWVVFKXW]LQWHUHVVHV =ZDU KDW GHU .OlJHU VHLW GLHVHP =HLWSXQNW NHLQHQ $QVSUXFK GDUDXI LQ GHQ 'LHQVW ]XUFN]XNHKUHQ -HGRFK
YHUOLHUW GHU 6ROGDW GXUFK GLH VRIRUWLJH (QWODVVXQJ DXV GHP 'LHQVW JHPl $EV 6* VHLQHQ $QVSUXFK DXI 'LHQVWEH]JH XQG
9HUVRUJXQJQDFK$EV6* YJODXFK
.|OQ %HVFKO Y / MXULV 5Q II :UGH GLH (QWODVVXQJVYHUIJXQJ DXIJHKREHQ ZHUGHQ EHVWQGH HLQ
9*
$QVSUXFK DXI 1DFK]DKOXQJ GHU %H]JH =XGHP IROJW DXV HLQHU ÄXQHKUHQKDIWHQ (QWODVVXQJ³ DXV GHU %XQGHVZHKU HLQH GDUEHU
KLQDXV ZLUNHQGH %HVFKZHU GLH VLFK QLFKW GXUFK =HLWDEODXI HUOHGLJW 6ROOWH VLFK GHU .OlJHU HUQHXW EHL GHU %XQGHVZHKU EHZHUEHQ
VWQGHVLHHLQHU(LQVWHOOXQJ ZRKOGDXHUKDIW HQWJHJHQ
'LH .ODJH LVW DOOHUGLQJV XQEHJUQGHW 'HU DQJHIRFKWHQH %HVFKHLG LVW QLFKW UHFKWVZLGULJ XQG YHUOHW]W GHQ .OlJHU QLFKW LQ VHLQHQ
5HFKWHQ $EV6DW]9Z*2
*HPl $EV 6* NDQQ HLQ 6ROGDW DXI =HLW ZlKUHQG GHU HUVWHQ YLHU 'LHQVWMDKUH IULVWORV HQWODVVHQ ZHUGHQ ZHQQ HU VHLQH
:ROWHUV.OXZHU'HXWVFKODQG*PE+