Up to now the PET funds (Private Equity Thüringen) coördinated by bm|t beteiligungsmanagement thüringen gmbh has authorised 19 share investments amounting to 34 million euros. To date these PET share investments have secured 250 existing jobs and created 90 new jobs.
Companies which have particularly profited from new equity and were able to realise their investment plans are active in the fields of medical technology, automotive and mechanical engineering, IT and biotechnology. “I am delighted that it was possible to strengthen two such outstanding pillars of the Thuringian economy as the automotive and medical technology sectors”, said Dr. Guido Bohnenkamp, managing director of bm|t.
For example Funke & Will AG relocated its production of a Roadster to Königshofen (Eisenberg) in Thuringia, Sirs-Lab GmbH in Jena invested in the development of a new septicaemia diagnosis process and Alea GmbH in Jena is developing new software for mail-order businesses. Companies financed through PET funds have filed 80 patents to date.
Since July 2006, PET capital funds in the form of shareholding have been available to small and medium-sized enterprises in growth sectors. The funds have an endowed value of 71 million euros: this is money from the European Union, Thüringen Aufbaubank and private investors. The PET funds are coördinated and managed by beteiligungsmanagement Thüringen GmbH, a subsidiary of Thüringen Aufbaubank. The funds are available until the end of 2008.