'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
7RGXQWHUIUHPGHU6RQQH² HLQHSDUDGLHVLVFKH:HOWZLUG]XP+H[HQNHVVHO 1U...
49 downloads
378 Views
518KB Size
Report
This content was uploaded by our users and we assume good faith they have the permission to share this book. If you own the copyright to this book and it is wrongfully on our website, we offer a simple DMCA procedure to remove your content from our site. Start by pressing the button below!
Report copyright / DMCA form
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
7RGXQWHUIUHPGHU6RQQH² HLQHSDUDGLHVLVFKH:HOWZLUG]XP+H[HQNHVVHO 1U 'LH6DERWHXUHYRQ+HPDOV YRQ+*(ZHUV
$XI 7HUUD GHQ :HOWHQ GHV 6RODUHQ ,PSHULXPV XQG GHQ 6WW]SXQNWHQ GHU 862 VFKUHLEWPDQ0LWWH$XJXVWGHV-DKUHV 6WDQGDUG]HLW 'LH&RQGRV9DVDFGDVJDOD[LVZHLWH9HUEUHFKHUV\QGLNDWGDVGHU862XQGGHP 6RODUHQ ,PSHULXP IU ODQJH =HLW HLQHQ HUELWWHUWHQ .DPSI OLHIHUWH LVW QLFKW PHKU 'LH 2UJDQLVDWLRQ ZXUGH YRUEHU HLQHP KDOEHQ-DKU HQGJOWLJ ]HUVFKODJHQ DOV 0lQQHU GHU 862 ³GDV OHW]WH 9HUVWHFN´ DXVILQGLJ PDFKWHQ XQG 5DXPVFKLIIH GHU 862 GHV 6RODUHQ ,PSHULXPVXQGGHU0DDKNVLQGDV=HQWUDOV\VWHPVGHU*URVVDUWVHLQGUDQJHQ $EHU GDV (QGH GHU &9 EHGHXWHW NHLQHVZHJV GD LQ GHU *DOD[LV 5XKH KHUUVFKW XQGGD/RUGDGPLUDO$WODQXQGVHLQH0LWDUEHLWHULKUH7lWLJNHLWHLQVWHOOHQN|QQHQ ,P *HJHQWHLO²GLH 862 DXFK ³JDODNWLVFKH )HXHUZHKU´ JHQDQQW ZLUG QDFK ZLH YRUGULQJHQGEHQ|WLJW8QG 5RQDOG 7HNHQHU XQG 6LQFODLU 0.HQQRQ GHU0DQQ PLWGHU ³9ROOSURWKHVH´EHILQGHQVLFKOlQJVWZLHGHULPJHIlKUOLFKHQ(LQVDW] 1DFKGHU$XVKHEXQJGHU³6FKXOHGHU$WWHQWlWHU´YHUIROJHQGLHEHLGHQ²LQ0DVNH VHOEVWYHUVWlQGOLFK²ZHLWHUKLQ GLH 6SXU GHVVHQ GHU IU GLH 0RUGH DQ SURPLQHQWHQ %UJHUQGHV6RODUHQ,PSHULXPVYHUDQWZRUWOLFKLVW 'LH %HZHJJUQGH GHV 0|UGHUV OLHJHQ QRFK LP GXQNHOQ GRFK GLH EHLGHQ 862 6SH]LDOLVWHQVLQG]XYHUVLFKWOLFKVLHHQWUlWVHOQ]XN|QQHQ(LQHVKDEHQVLHMHGRFKQLFKW LQLKUH%HUHFKQXQJPLWHLQEH]RJHQ ',(6$%27(85(921+(0$/6
'LH+DXSWSHUVRQHQGHV5RPDQV $WODQ²'HU/RUGDGPLUDOZLUGGHV0RUGHVEHVFKXOGLJW .DQJRV5HL]6HODVHXQG'DPDUNXV6HOH\W²'LHQHXHQ,GHQWLWlWHQYRQ5RQDOG 7HNHQHUXQG6LQFODLU0.HQQRQ (URQH&UDWKRV²(LQ3URVSHNWRUZLUGHUPRUGHW 3LOONLP+HLP²(LQ3URIHVVRUIU)UHL]HLWIRUVFKXQJ +LWD%UHFQDF²/HLWHUHLQHV6DERWDJHNRPPDQGRV :LOOVW GX GD HLQHU LQ GHU *HIDKU QLFKW ]LWWHUH VR WUDLQLHUH LKQ YRU GHU *HIDKU $XVGHQ%ULHIHQYRQ6HQHNDDQ/XFLOLXV (URQH &UDWKRV ULHE VLFK ]XIULHGHQ GLH +lQGH 6HLQ EHVRQGHUHU 6LQQ KDWWH LKQ DXFK GLHVPDOQLFKW JHWURJHQ 'LH %RKUURERWHU ZDUHQ DXI HLQ +RZDOJRQLXP9RUNRPPHQ JHVWRHQ ZLH HU HV LQ VHLQHP ODQJHQ /HEHQ DOV 3URVSHNWRU QXU ]ZHLPDO JHIXQGHQ KDWWH
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
(U GHVDNWLYLHUWH GLH 0DVFKLQHQ EHU )HUQVWHXHUXQJ XQG ]QGHWH VLFK HLQH =LJDUUH DQ %OLQ]HOQG VDK HU GXUFK GHQ HPSRUVWHLJHQGHQ 5DXFK LQ GHQ NODUHQ +LPPHO YRQ +HUQDOV LQ GHP GLH NOHLQH URWH 6RQQH &\VWRERUV JOHLFKW HLQHP .OHFNV +LPEHHUJHOHHVFKZDPP (LQ 6FKZDUP IODPLQJRlKQOLFKHU 9|JHO ]RJ EHU GLH HLQHP 3DUN lKQHOQGH /DQGVFKDIW XQG OLH VLFK NUlFK]HQG DP 8IHU GHV QDKHQ 6HHV QLHGHU 'LH ZHLGHQGHU 8JUXV7LHUHGLHZLH.UHX]XQJHQYRQ:DVVHUEIIHOQXQG*LUDIIHQDXVVDKHQZDQGWHQ QXUNXU]GLH.|SIHGDQQIXKUHQVLHIRUW*UDVEVFKHODXV]XUHLHQ (LJHQWOLFK LVW HV JDU NHLQ *UDV EHUOHJWH &UDWKRV VRQGHUQ HLQH ]ZHLNHLPEOlWWULJH 3IODQ]HQDUW GLH LQ 6\PELRVH PLW PHKUHUHQ $OJHQDUWHQ OHEW 'UHLPDO MlKUOLFK ZXUGHQ GLH (EHQHQ DXI +HPDOV EHUIOXWHW²XQG ]ZHL 'ULWWHO GHU /DQGIOlFKH ZDUHQ(EHQHQZRGXUFKVLFKGDV*HOlQGHIU:RFKHQLQHLQHQ6XPSIYHUZDQGHOWH'LH ³DPSKLELVFKH´ 6\PELRVH KDWWH HLQH /HEHQVJHPHLQVFKDIW JHVFKDIIHQ GLH VROFKHQ %HGLQJXQJHQLGHDODQJHSDWZDU 'HU3URVSHNWRUOl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lKOWHPDQ]ZDU QRFK OlQJVW QLFKW ]XP DOWHQ (LVHQ DEHU HU KDWWH JHQXJ *HOG ]XU 6HLWH JHOHJW XP IU VSlWHUH-DKUHJHUVWHW]XVHLQ (UNDXWHJHQLHHULVFKDXIVHLQHU=LJDUUHXQGVFKREVLHYRQHLQHP0XQGZLQNHOLQ GHQ DQGHUHQ 'DV /HEHQ ZDU VFK|Q²GDV ZDV KLQWHU LKP ODJ XQG GDV ZDV QRFK YRU LKPODJ(URQH&UDWKRVZXWHGDHUNHUQJHVXQGZDUHLQEHUVFKODQNHUXQGLQMHGHU +LQVLFKW ]lKHU 0DQQ 9LHOOHLFKW ZUGH HU VLFK LQ HLQHP -DKU RGHU LQ ]ZHL -DKUHQ ]XU 5XKH VHW]HQ HLQHQ QHXHQ (KHNRQWUDNW HLQJHKHQ XQG DXI HLQHP GHU ]DKOUHLFKHQ 1RQWHFKQR3ODQHWHQHLQHQ/DQGVLW]EH]LHKHQ +HPDOVZlUHQDFKVHLQHP*HVFKPDFNJHZHVHQPLWVHLQHPPLOGHQWURFNHQHQ .OLPD XQG GHU 6FKZHUNUDIW YRQ QXU *UDYRV DEHU LQ ZHQLJHQ -DKUHQ ZUGHQ KLHU 0LOOLRQHQYRQ6LHGOHUQZRKQHQZUGHQ%HUJZHUNHXQG,QGXVWULHDQODJHQGLH/DQGVFKDIW YHUVFKDQGHOQXQG)ORWWHQVWW]SXQNWHULHVLJHYHUERWHQH=RQHQVFKDIIHQ 'RFK YRUOlXILJ ZDU HU QRFK DOOHLQ DXI +HPDOV GHU HLQ]LJH 0HQVFK DXI GLHVHP ZXQGHUYROOHQ3ODQHWHQ (URQH OLH GLH DXVJHUDXFKWH =LJDUUH IDOOHQ XQG GUFNWH GLH *OXW VRUJIlOWLJ DXV 'DQDFK ZDQGWH HU VLFK XP XQG JLQJ DXI VHLQH %HKDXVXQJ ]X HLQHQ VRJHQDQQWHQ .RPSUHVVLRQV,JOX 'DV ,JOX ZDU YLHU 0HWHU KRFK XQG EHVWDQG DXV HLQHU GRSSHOZDQGLJHQ.XQVWVWRIIROLHGLHPLWHLQHP'UXFNYRQDWDXIJHEODVHQZXUGH'D GHUYHUZHQGHWH.XQVWVWRII]XGHQZLGHUVWDQGVIlKLJVWHQ3ODVWHQJHK|UWHKlWWHGDV,JOX GHQ$QSUDOOHLQHV6KLIWVDXVJHKDOWHQ 'HU3URVSHNWRUEHJDEVLFKLQGLHNOHLQH.FKHXQGVFKDOWHWHGLH.DIIHHPDVFKLQH
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
DQ'DQQJLQJHU]XP)XQNUDX (LQ7DVWHQGUXFNOLHGLH+\SHUNRPDQWHQQHDXVIDKUHQ (URQH EHWlWLJWH GLH (LQVWHOOXQJVWDVWHQ XQG GUFNWH GHQ )HVWVWHOONQRSI DOV HU GHQ 7ULYLGHR *URVHQGHU GHV <SWRPD7DX6\VWHPV ³HLQJHIDQJHQ´ KDWWH (U K|UWH VLFK GLH 1DFKULFKWHQDQXQGYHUIROJWHGLH%LOGEHULFKWH'DQDFKKROWHHUVLFKHLQHQ%HFKHU.DIIHH XQGVHW]WHVLFKGDPLWLQGHQ6HVVHOYRUGHP+\SHUNRP 7ULYLGHR <SWRPD 7DX EUDFKWH :HUEXQJ 5HNODPH IU DOOH QXU GHQNEDUHQ XQG DXFKIUXQGHQNEDUH$UWLNHObUJHUOLFKVWDQG(URQH&UDWKRVDXIXQGVXFKWHQDFKHLQHP DQGHUHQ6HQGHU(LQPDOEHNDPHUGDVXQGHXWOLFKH%LOGHLQHU:VWHQODQGVFKDIWKHUHLQ DEHU GHU EHWUHIIHQGH 6HQGHU ZDU ZRKO ]X ZHLW HQWIHUQW GHQQ GHU (PSIDQJ ZDU PLVHUDEHO &UDWKRVVXFKWHZHLWHU 3O|W]OLFKVWXW]WHHU /HLVH HUVFKROO HLQH ,PSXOVIROJH DXV GHQ /DXWVSUHFKHUQ GHV +\SHUNRPV HLQH ,PSXOVIROJH GLH GHQ 3URVSHNWRU DQ LUJHQG HWZDV HULQQHUWH (U UXQ]HOWH GLH 6WLUQ YHUVXFKWHGLH6HQGXQJEHVVHUKHUHLQ]XEHNRPPHQKDWWHDEHUNHLQHQ(UIROJGDPLW 'HU (PSIDQJ EOLHE VFKZDFK $OOPlKOLFK DEHU VWHOOWH VLFK (URQHV *HK|U GDUDXI HLQXQGLQVHLQHP%HZXWVHLQZXUGHQGLH6LJQDOHYHUVWlUNW (LQLJH 0LQXWHQ VSlWHU NDP GHP DOWHQ 3URVSHNWRU HLQH $KQXQJ ZRUXP HV VLFK EHLGHQ6LJQDOHQKDQGHOQN|QQWH(UUHJWVFKDOWHWHHUGDVDXWRPDWLVFKH3HLOV\VWHPHLQ :LHJHEDQQWVWDUUWHHUDXIGLH,QIRUPDWLRQVVFKHLEH (U K|UWH QLFKW ZLH VLFK GLH 6FKLHEHWU LQ VHLQHP 5FNHQ |IIQHWH XQG VFKHPHQKDIWHLQHXQI|UPLJH*HVWDOWDXIWDXFKWH (URQH &UDWKRV K|UWH DXFK QLFKW GDV =LVFKHQ PLW GHP HLQ DEVROXW W|GOLFKHV *HVFKRDEJHIHXHUWZXUGH(UVSUWHQXUGHQIXUFKWEDUHQ6FKPHU]DOVGDV*HVFKR GXUFK)OHLVFKXQG.QRFKHQVFKOXJ &UDWKRV WDXPHOWH QDFK YRUQ GLH $XJHQ YRU (QWVHW]HQ ZHLW¶ DXIJHULVVHQ (U IKOWH GD VLFK GHU 7RG LQ VHLQHP .|USHU DXVEUHLWHWH .DOHLGRVNRSDUWLJ ]RJHQ (ULQQHUXQJVIHW]HQ DQ VHLQ ELVKHULJHV /HEHQ YRU VHLQHP JHLVWLJHQ $XJH YRUEHU 'HU 6FKPHU]ZLFKHLQHUOlKWXHQGHQ7DXEKHLW )QI6HNXQGHQQDFKGHP(LQVFKODJGHV*HVFKRVVHVZDU(URQH&UDWKRVWRW 6HLQ0|UGHUPXVWHUWHGLHYHUNUPPWDXIGHP%RGHQOLHJHQGH*HVWDOWGDQQWUDW HULQGHQ)XQNUDXPVWLHJEHUGLH/HLFKHXQGVFKDOWHWHGHQ+\SHUNRUQDE
$ONPXD7KUHHJR|IIQHWHGLH$XJHQDOVGHUHOHNWURQLVFKH*RQJHUW|QWHXQGHLQH XQPRGXOLHUWH $XWRPDWHQVWLPPH GDV (QGH GHV /LQHDUPDQ|YHUV DQNQGLJWH 'HU 6SH]LDOLVW0DMRU DNWLYLHUWH GDV 6HUYRJHUlW GDV GHQ .RQWXUVHVVHO DXV HLQHU EHTXHPHQ /LHJHZLHGHULQHLQHQ6LW]YHUZDQGHOWH /LQNV XQG UHFKWV YRQ LKP ZXUGHQ ]ZHL ZHLWHUH 0lQQHU LQ DXIUHFKWH 6LW]KDOWXQJ EHI|UGHUW 6SH]LDOLVW&DSWDLQ/DSKRRUH'XQMHZXQG6SH]LDOLVW&DSWDLQ0DQGDP*XUP 0DQGDP *XUP YHU]RJ VHLQ NDQWLJHV VFKZDU]HV *HVLFKW ]X HLQHP YRUVLFKWLJHQ /lFKHOQGDVGLHVWDUNHQ5HL]lKQHQXUWHLOZHLVHHQWEO|WH:HULKQWURW]VHLQHVODQJHQ VFKPDOHQ 6FKlGHOV XQG GHV JHOEHQ +DDUHV IU HLQHQ $IURWHUUDQHU KLHOW GHU ZXUGH VSlWHVWHQV EHLP $QEOLFN GHU 5HL]lKQH GDUEHU EHOHKUW GD *XUP NHLQHU ZDU (U VWDPPWH YRP 3ODQHWHQ ;W\O XQG GLH ;W\OV ZDUHQ QLFKW ZLH GLH PHLVWHQ KXPDQRLGHQ
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
VRJHQDQQWHQ
$UWHQ GHU 0HQVFKKHLWVJDOD[LV PRGLIL]LHUWH $EN|PPOLQJH GHU ³/HPXULVFKHQ0HQVFKKHLW¶ ³,FK KRIIH 6LH KDEHQ JXW JHVFKODIHQ RGHU ZHQLJVWHQV JXW JHUXKW¶ NDP 0DMRU 7KUHHJR DQGHUHQ %HPHUNXQJHQ ]XYRU (U IXKU PLW GHP .RQWXUVHVVHO QlKHU DQ GDV +DXSWVWHXHUSXOW GHU 6SDFH-HW KHUDQ XQG OHJWH GLH +lQGH DEZDUWHQG QHEHQ GLH 6FKDOWXQJHQ ³'DQNH LFK KDEH JHVFKODIHQ 6LU´ HUZLGHUWH 0DQGDP *XUP 6HLQ ,QWHUNRVPR ZDUHLQZDQGIUHLDEHUGLH:RUWHNODQJHQEHLHLQHP;WYOVWHWVDOVZUGHQVLHGXUFKHLQH GQQH0HPEUDQJHVSURFKHQ ³,FK NRQQWH QLFKW VFKODIHQ´ HUNOlUWH &DSWDLQ 'XQMHZ 6HLQH 8UJURHOWHUQ ZDUHQ 7HUUDQHUJHZHVHQXQGKDWWHQVLFKDOV6LHGOHUDXIGHP3ODQHWHQ7URNNXQLHGHUJHODVVHQ 'XUFK GDV =XVDPPHQZLUNHQ PHKUHUHU 6SXUHQHOHPHQWH LP %LR]\NOXV HUKLHOWHQ GLH 1DFKNRPPHQ ELV DXI ZHQLJH $XVQDKPHQ ZHLH +DXW XQG KHOOEODXHV +DDU 'LHVH ZHLH+DXWZXUGHDXFKGXUFKVWDUNH89%HVWUDKOXQJQLFKWJHW|QWDEHUZHUOlQJHUDOV GUHL-DKUHQLFKWPLW7URNNXRGHUWURNNXVFKHQ1DKUXQJVPLWWHOQLQ%HUKUXQJNDPYHUORU DOOPlKOLFKGLH³%UlXQXQJV,PPXQLWlW¶'XQMHZZDUHEHQVRJHEUlXQWZLH0DMRU7KUHHJR ³:DKUVFKHLQOLFK VLQG 6LH DXIJHUHJW /DSKRRUH´ PHLQWH 7KUHHJR ³:HQQ 6LH ZROOHQ JHEH LFK ,KQHQ HLQ (QWVSDQQXQJVPLWWHO hEULJHQV ZROOHQ ZLU HV ZlKUHQG GHV (LQVDW]HV VR KDOWHQ GD ZLU²IDOOV 6LH HLQYHUVWDQGHQ VLQG²XQV PLW 9RUQDPHQ DQUHGHQ6LHZLVVHQGDLFK$ONPXDKHLHµ ³'DQNH$ONPXDLFKKDEHNHLQH(LQZlQGH´VDJWH&DSWDLQ'XQMHZ³$EHUDXIHLQ (QWVSDQQXQJVPLWWHOP|FKWHLFKGRFKOLHEHUYHU]LFKWHQ´ &DSWDLQ*XUPOlFKHOWHDEHUPDOV ³,FKELQHEHQIDOOVHLQYHUVWDQGHQ$ONPXD(VLVWPLUVRJDUHLQHJURH(KUHGHQQ 6LH VWHKHQ QLFKW QXU GLHQVWUDQJPlLJ EHU XQV VRQGHUQ VLQG DXHUGHP QRFK .RVPRPHGL]LQHU´ $ONPXD7KUHHJREOLFNWHGXUFKGDVWUDQVSDUHQWH3DQ]HUWURSORQGHU6WHXHUNDQ]HO LQGLH/LFKWXQG6FKDWWHQVSLHOHGHV=ZLVFKHQUDXPVDOVHUHQWJHJQHWH ³9RU GHP +LQWHUJUXQG GHU (ZLJNHLW XQWHUVFKHLGHQ ZLU XQV QLFKW YRQHLQDQGHU 0DQGDP 'D VLQG ZLU QXU %DOOXQJHQ XQWHUVFKLHGOLFKHU /DGXQJHQ ,FK NRUULJLHUH PLFK GDV :RUW QXU¶ ZDU LUUHIKUHQG GHQQ LQ :LUNOLFKNHLW VWHOOW HLQH VROFKH ([LVWHQ]IRUP ZDKUVFKHLQOLFKHLQHVGHUJU|WHQ:XQGHUGHV.RVPRVGDU´ =XP ]ZHLWHQPDO KDOOWH GHU HOHNWURQLVFKH *RQJ GXUFK GLH 6WHXHUNDQ]HO (LQH $XWRPDWHQVWLPPHVDJWH ³5FNVWXU]LQGHQ1RUPDOUDXPLQGUHLLJ6HNXQGHQ´ 'LHGUHL8626SH]LDOLVWHQEUDFKHQLKUH8QWHUKDOWXQJDEXQGNRQ]HQWULHUWHQVLFK DXI LKUH .RQWUROOHQ $OV HV ELV ]XU 5FNNHKU LQ GHQ 1RUPDOUDXP QXU QRFK ]HKQ 6HNXQGHQZDUHQOHXFKWHWHHLQHRYDOH3ODWWHDXIXQGGLH$XWRPDWHQVWLPPH]lKOWHGLH OHW]WHQ6HNXQGHQKHUXQWHU %HL ³QXOO´ KDWWH 7KUHHJR GDV *HIKO DOV YHUULQJHUH VLFK GLH NQVWOLFKH 6FKZHUNUDIWLQQHUKDOEGHU6SDFH-HW$EHUGDVZDUQXUHLQHGHU6LQQHVWDX VFKXQJHQ GLH EHLP 5FNVWXU] DXV GHP =ZLVFKHQUDXP LQ GHQ 1RUPDOUDXP ]XVWDQGH NRPPHQ NRQQWHQ,PQlFKVWHQ$XJHQEOLFNZDUVLHDXFKVFKRQYRUEHU 'HU 0DMRU EHREDFKWHWH DXIPHUNVDP GLH ,QVWUXPHQWH XQG QLFNWH EHIULHGLJW DOV LKP GLH $VWU|JDWLRQVSRVLWURQLN EHVWlWLJWH GD GDV 6FKLII PLW HLQHU YHUQDFKOlVVLJEDU JHULQJHQ$EZHLFKXQJLP=LHOJHELHWDQJHNRPPHQZDU
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
(UVW GDQDFK ZLGPHWH HU VHLQH $XIPHUNVDPNHLW GHU RSWLVFKHQ 8PZHOWEHREDFKWXQJ :LHGHU HLQPDO HUNDQQWH HU GD GDV PHQVFKOLFKH $XJH IU GLH %HREDFKWXQJ NRVPLVFKHU *HJHEHQKHLWHQ HLQ XQ]XOlQJOLFKHV :HUN]HXJ ZDU 9RU GHP GDV JHVDPWH %OLFNIHOG DXVIOOHQGHQ +LQWHUJUXQG JUHOOHQ /LFKWV GDV GLH XQJHZ|KQOLFK GLFKW ]XVDPPHQJHGUlQJWHQ XQG GXUFK :DVVHUVWRII PLWHLQDQGHU YHUEXQGHQHQ 6WHUQH GHV0LOFKVWUDHQNHUQHVDXVVWUDKOWHQOLHVLFKZHGHUGLHNOHLQHURWH6RQQH&\VWRERUV QRFKHLQHULKUHU3ODQHWHQDXVPDFKHQ $ONPXD7KUHHJRYHUGXQNHOWHGLH.DQ]HOXQGDNWLYLHUWHGLH3DQRUDPDELOGVFKLUPH (LQ SHUIHNWHV 6\VWHP YRQ +\SHUWDVWHUQ (OHNWURQHQWHOHVNRSHQ XQG SRVLWURQLVFKHQ ³$XIEHUHLWXQJVVFKDOWXQJHQ´ EUDFKWH GLH JHZQVFKWHQ $EELOGHU ³PHQVFKHQJHUHFKW´ KHUHLQ 'HXWOLFK ZDU GLH =ZHUJVRQQH ]X VHKHQ HWZDV ZHQLJHU GHXWOLFK GLH VLH XPNUHLVHQGHQ VHFKV 3ODQHWHQ 7KUHHJR VFKDOWHWH GLH %LOGHUIDVVXQJ GHV ]ZHLWHQ 3ODQHWHQ DXI 6RQGHUYHUJU|HUXQJ XQG PXVWHUWH DXIPHUNVDP GLH VWUDKOHQG EODXH YRQ GQQHQ:RONHQIHOGHUQDQJHKDXFKWH.XJHOYRQ+HPDOV ³%ODXHUDOVGLH(UGH´PXUPHOWH/DSKRRUH'XQMHZEHHLQGUXFNW ³'LH $WPRVSKlUH LVW UHLQ XQG NODU XQG ZLUG QXU YRQ ZHQLJHQ GQQHQ :RONHQIHOGHUQ YHUGHFNW´ HUOlXWHUWH 7KUHHJR ³'HVKDOE NRPPW LKUH 6WUHXZLUNXQJ EHVRQGHUVJXW]XU*HOWXQJ´ ³0DQNDQQVLFKQXUVFKZHUYRUVWHOOHQGDGUHL]HKQ3HUVRQHQHUPRUGHWZXUGHQ ZHLOVLHVLFKIUHLQH.RORQLVLHUXQJYRQ+HPDOVHLQVHW]WHQ´VDJWH0DQGDP*XUP ³*HQDXJHQRPPHQ VHW]WHQ VLH VLFK IU HLQH .RORQLVLHUXQJ GHV JHVDPWHQ &\VWRERUV6\VWHPV HLQ´ NRUULJLHUWH $ONPXD 7KUHHJR ³$EHU QDWUOLFK LVW +HPDOV YRQ DXVVFKODJJHEHQGHU%HGHXWXQJGHQQQXUHUNRPPWIUHLQHLQ WHQVLYH%HVLHGOXQJXQG LQGXVWULHOOH1XW]XQJLQ)UDJH´ ³8QG DXHUGHP IU GHQ 0DVVHQ7RXULVPXV´ ZDUI /DSKRRUH 'XQMHZ HLQ ³'HU ]XOHW]W HUPRUGHWH 0LOOLDUGlU +DJEXU 5DL]6HODVH KDWWH DXI MHGHP GHU YLHU .RQWLQHQWH JURH+RWHONRPSOH[HEDXHQODVVHQZROOHQ´ ³1LFKW QXU +RWHOV DXFK 6DQDWRULHQ´ HUJlQ]WH 7KUHHJR ³)U GLH +HLOXQJ HLQHU 0HQJH YRQ .UDQNKHLWHQ LVW YHUULQJHUWH 6FKZHUNUDIW HPLQHQW ZLFKWLJ²XQG DXI +HPDOV OLHIHUWGLH1DWXUZDVDQGHUZlUWVGXUFKNRVWVSLHOLJHWHFKQLVFKH$QODJHQHU]LHOWZLUG´ 0DQGDP*XUPGUFNWHHLQH7DVWHXQGODVGLHLQHLQHP%LOGNXEXVHUVFKHLQHQGHQ 6SHLFKHUZHUWHDE ³6FKZHUNUDIW *UDYRV 5RWDWLRQVGDXHU 6WXQGHQ 7DJHVWHPSHUDWXUPLWWHO *UDG &HOVLXV 9HUKlOWQLV /DQG ]X :DVVHU ZLH YLHUXQGGUHLLJ]XVHFKVXQGVHFK]LJJXWH6DXHUVWRIIDWPRVSKlUHJOHLFKPlLJHVPLOGHV .OLPD²GDVDOOHVLVWZLHJHVFKDIIHQIUHLQH(UKROXQJVZHOW´ ³'LHELVKHUJHRUWHWHQ+RZDOJRQLXPYRUNRPPHQSUlGHVWLQLHUHQ+HPDOVDEHUDXFK ]XHLQHP%HUJZHUNVSODQHWHQ´PHLQWH7KUHHJR ³8QG GLH JDODNWLVFKH 3RVLWLRQ ELHWHW VLFK I|UPOLFK ]XU (UULFKWXQJ YRQ )ORWWHQVWW]SXQNWHQDQ´HUJlQ]WH'XQMHZ³(LQ3DUDGLHVNDQQ+HPDOVDOVROHLGHUQLFKW ZHUGHQ´ ³'DV IUFKWH LFK DXFK´ PXUPHOWH 0DMRU 7KUHHJR PHKU ]X VLFK VHOEVW DOV ]X VHLQHQ *HIlKUWHQ VSUHFKHQG ³'UHL]HKQ 0RUGH NRPPHQ PLU MHGHQIDOOV QLFKW SDUDGLHVLVFKYRU´ (UEHUOHJWHZHUVRVHKUJHJHQHLQH.RORQLVLHUXQJYRQ+HPDOVVHLQNRQQWHGD
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
HU DOOH 3HUVRQHQ HUPRUGHQ OLH GLH VLFK GDIU HLQVHW]WHQ (LQJHERUHQH ,QWHOOLJHQ]HQ JDE HV MHGHQIDOOV DXI NHLQHP 3ODQHWHQ GHV &\VWRERUV6\VWHPV (V NDP DOVR QXU HLQH YHUEUHFKHULVFKH 2UJDQLVDWLRQ LQ )UDJH GLH LKUH HLJHQHQ JHKHLPHQ 3OlQH PLW +HPDOV KDWWH 6HLQHhEHUOHJXQJHQZXUGHQGXUFKHLQHQOHLVHQ$XVUXI*XUPVXQWHUEURFKHQ'HU ;W\OGHXWHWHDXIHLQHQ7ULYLGHRNXEXVGHU+\SHURUWXQJVDQODJH ³.OHLQHV 5DXPVFKLII XQEHNDQQWHU %DXDUW HQWIHUQW VLFK VFKQHOO YRQ +HPDOV´ PHOGHWHHU³(VPXYRQGHUXQVDEJHZDQGWHQ6HLWHGHV3ODQHWHQJHVWDUWHWVHLQ´ $ONPXD 7KUHHJR EOLFNWH GHQ ZDQGHUQGHQ JUQHQ 5HIOH[SXQNW DQ (U DOV (LQVDW]FKHIPXWHHQWVFKHLGHQREVLHGDVJHVWDUWHWH5DXPVFKLIIYHUIROJWHQRGHUQLFKW ³:LU YHU]LFKWHQ DXI HLQH 9HUIROJXQJ´ VDJWH HU XQG GHVDNWLYLHUWH GLH ,PSXOVWULHEZHUNHGHU6SDFH-HW³:DKUVFKHLQOLFKZUGHQZLUGDVDQGHUH6FKLIIRKQHKLQ QLFKWHLQKROHQXQGZHQQN|QQWHQZLUQLFKWGDV)HXHUHU|IIQHQZHQQHVQLFKWIUHLZLOOLJ VWRSSWH $EHU IDOOV VLFK QRFK PHKU )UHPGH DXI +HPDOV DXIKDOWHQ ZUGHQ VLH GXUFK XQVHUHHQHUJLHUHLFKHQ)OXJPDQ|YHUJHZDUQW´ 0DQGDP*XUPQLFNWH ³'DV LVW ULFKWLJ $ONPXD 6LH ZROOHQ GLH 6SDFH-HW LP IUHLHQ )DOO DQ +HPDOV KHUDQEULQJHQ"´ ³-D´ EHVWlWLJWH GHU 0DMRU ³$OOHUGLQJV PVVHQ ZLU YRU GHP 3ODQHWHQ HLQH NXU]H QHJDWLYH %HVFKOHXQLJXQJVSKDVH HLQOHJHQ GDPLW ZLU LQ HLQHQ 2UELW HLQVFKZHQNHQ N|QQHQ 'D ZLU GDPLW HLQHQ $EVFKX ULVNLHUHQ ELWWH LFK 6LH ]X HQWVFKHLGHQ RE ZLU QLFKWGLUHNWODQGHQVROOWHQDQVWDWWHLQH.UHLVEDKQHLQ]XVFKODJHQ´ ³,FK KDEH PLFK VFKRQ IU GHQ 2UELW HQWVFKLHGHQ´ VDJWH *XUP ³%HL GLUHNWHU /DQGXQJ HUKDOWHQ ZLU ]X ZHQLJ ,QIRUPDWLRQHQ EHU HYHQWXHOOH (LQULFKWXQJHQ 8QEHIXJWHU´ ³,FK ELQ GHU JOHLFKHQ 0HLQXQJ´ HUNOlUWH /DSKRRUH 'XQMHZ ³2KQH 5LVLNR NHLQ (UIROJ´ $ONPXD 7KUHHJR QLFNWH HUQVW (U KDWWH NHLQH DQGHUH (QWVFKHLGXQJ HUZDUWHW 1DFKGHQNOLFK EOLFNWH HU DXI GLH 6NDOD GLH GLH VFKZLQGHQGH (QWIHUQXQJ ]X +HPDOV DQ]HLJWH ³)UHPGHV5DXPVFKLIILP=ZLVFKHQUDXPXQWHUJHWDXFKW´PHOGHWH0DQGDP*XUP ³3DVVLY2UWXQJ DXI +HPDOV NRQ]HQWULHUHQ´ EHIDKO 7KUHHJR ³$OOH 'DWHQ GXUFK +DXSWSRVLWURQLNILOWHUQ´
1HXQ6WXQGHQVSlWHUKREGLH6SDFH-HWLKUH)DOOJHVFKZLQGLJNHLWGXUFKHLQNXU]HV %UHPVPDQ|YHUVRZHLWDXIGDVLHYRQGHU6FKZHUNUDIWGHV]ZHLWHQ3ODQHWHQLQHLQHQ 2UELWJH]ZXQJHQZXUGH'LH+DXSWSRVLWURQLNVSHLFKHUWHDOOHHLQJHKHQGHQ2UWXQJVGDWHQ XQGVXFKWHPDWKHORJLVFKQDFK$QKDOWVSXQNWHQIU$QODJHQGLH8QEHIXJWHDXI+HPDOV HUULFKWHWKDWWHQ ³'DV+RZDOJRQLXPLQGHU3ODQHWHQNUXVWHVW|UWGLH3DVVLY2UWXQJJDQ]HUKHEOLFK $ONPXD´ VDJWH *XUP QDFK GHU YLHUWHQ 8PNUHLVXQJ ³,FK ELWWH GDUXP $NWLY2UWXQJ HLQVHW]HQ]XGUIHQ´ 0DMRU7KUHHJREHUOHJWH =XU 3DVVLY2UWXQJ JHK|UWHQ DOOH 0HV\VWHPH GHUHQ $UEHLW QLFKW DXI
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
,PSXOVDXVVHQGXQJXQGUHIOH[LRQEDVLHUWHVRQGHUQDXIGHUUHLQSDVVLYHQ(UIDVVXQJYRQ 3ULPlUDXVVHQGXQJHQ'HVKDOENRQQWHQ6\VWHPHGHU3DVVLY2UWXQJVLFKQLFKWGXUFKLKUH 7lWLJNHLW YHUUDWHQ 6\VWHPH GHU $NWLY2UWXQJ ZLH EHLVSLHOVZHLVH +\SHUWDVWHU RGHU +RORJUDSK5DGDUYHUULHWHQVLFKGXUFKLKUHDXVJHVDQGWHQ,PSXOVH ³(LQYHUVWDQGHQ0DQGDP´HQWVFKLHG7KUHHJRVFKOLHOLFK,P*UXQGHJHQRPPHQ EOHLEWXQVJDUQLFKWVDQGHUHVEULJGDFKWHHUEHLVLFK $OVGHU;W\ODEHUVFKRQZHQLJH6HNXQGHQVSlWHUHLQSRVLWLYHV(UJHEQLVPHOGHWH ZDU7KUHHJRGRFKEHUUDVFKW ³*HULQJH$QVDPPOXQJHQYRQUHLQHP0HWDOOVRZLH0HWDOOSODVWLN´HUOlXWHUWH*XUP GLH $Q]HLJHQ GHV 0DVVHWDVWHUV ³$XHUGHP DUEHLWHW GRUW XQWHQ HLQ .RPSDNWIHOG )XVLRQVJHQHUDWRU´(UJDEGLHJHQDXHQ3RVLWLRQVGDWHQEHNDQQW 0DMRU7KUHHJROLHVLFKGLH0HQJHQGDWHQJHEHQ ³'DVLVW]XZHQLJDOVGDHVVLFKXPGLH(LQULFKWXQJHLQHV5DXPKDIHQVRGHUXP HLQ,QWHUVWHOODU6FKLIIKDQGHOQN|QQWH´PHLQWHHUJUEHOQG 0DQGDP *XUP OLH GLH +DXSWSRVLWURQLN HLQLJH %HUHFKQXQJHQ DQVWHOOHQ GDQQ EOLFNWHHU]XVHLQHP9RUJHVHW]WHQXQGVDJWH ³'LH DQJHPHVVHQH (QHUJLHTXHOOH LVW PLW JURHU :DKUVFKHLQOLFKNHLW HLQ .RPSDNWIHOG*HQHUDWRU YRP 7\S 927$%l ZLH LKQ NOHLQH )RUVFKXQJVH[SHGLWLRQHQ PLWIXKUHQ´ ³8QG 3URVSHNWRUHQ´ ZDUI &DSWDLQ 'XQMHZ HLQ ³-HGHQIDOOV VRJHQDQQWH )UHLH 3URVSHNWRUHQGLHDOOHLQRGHUPLWZHQLJHQ+LOIVNUlIWHQDUEHLWHQ´ ³$XFK 3URVSHNWRUHQ PVVHQ 5DXPVFKLIIH EHQXW]HQ ZHQQ VLH YRQ HLQHP 3ODQHWHQ ]XP DQGHUHQ ZROOHQ´ HUZLGHUWH 7KUHHJR 3O|W]OLFK UXQ]HOWH HU GLH 6WLUQ ³(V VHLGHQQVLHFKDUWHUQHLQ6FKLIIIUGLH+LQUHLVHXQGODVVHQVLFKQDFKHLQHUEHVWLPPWHQ =HLWVSDQQH ZLHGHU DEKROHQ (LQLJH YHUP|JHQGH 3URVSHNWRUHQ OHLVWHQ VLFK GLHVHQ /X[XV´ (UIKOWHVLFKYRP-DJGILHEHUJHSDFNW8QZLOONUOLFKVWUHFNWHHUGLH+lQGHQDFK GHQ.RQWUROOHQGHV+DXSWVWHXHUSXOWHVDXV]RJVLHDEHUZLHGHU]XUFN ³1HLQ´ VDJWH HU OHLVH ³:LU ZHUGHQ NHLQH %OLW]ODQGXQJ YRUQHKPHQ VRQGHUQ GLH 6SDFH-HW EHL GHU QlFKVWHQ 8PNUHLVXQJ LPPHU WLHIHU GUFNHQ VR GD ZLU XQV GHP JHRUWHWHQ2EMHNWYRQGHUDQGHUHQ6HLWHXQGLQJHULQJHU+|KHQlKHUQ´ 6R KLHOWHQ VLH HV GDQQ DXFK REZRKO GLHVH $UW GHV 9RUJHKHQV YLHO *HGXOG HUIRUGHUWH$EHU8626SH]LDOLVWHQVLQGGDUDXIWUDLQLHUWJHGXOGLJ]XVHLQ=ZHLGUHLYLHUWHO 6WXQGHQ VSlWHU QlKHUWHQ VLH VLFK GHP =LHOREMHNW PLW JHULQJHU *HVFKZLQGLJNHLW XQG LQ ]ZHLKXQGHUW0HWHUQ+|KH ³(LQ .RPSUHVVLRQV,JOX´ ULHI 'XQMHZ XQG ]HLJWH QDFK XQWHQ DOV 7KUHHJR GDV 'LVNXVVFKLII LQ HLQH 5HFKWVNXUYH OHJWH ³8QG GRUW VWHKHQ %RKUURERWHU 'DV LVW GHU 6WW]SXQNWHLQHV3URVSHNWRUV´ 0DMRU 7KUHHJR QLFNWH QXU (V JDE QLFKWV ZDV HU 'XQMHZV :RUWHQ KlWWH KLQ]XIJHQ PVVHQ (U ODQGHWH GLH 6SDFH-HW KXQGHUW 0HWHU QHEHQ GHP KDOENXJHOI|UPLJHQ,JOXVFKQDOOWHVLFKORVXQGVDJWH ³0DQGDP XQG LFK ZLU VHKHQ XQV GUDXHQ XP /DSKRRUH 6LH EOHLEHQ KLHU XQG KDOWHQ 7HOHNRPYHUELQGXQJ PLW XQV ,FK GHQNH QLFKW GD ZLU PLW XQOLHEVDPHQ hEHUUDVFKXQJHQ ]X UHFKQHQ KDEHQ DEHU LFK ZHUGH NHLQH 9RUVLFKWVPDQDKPH DXHU DFKWODVVHQ´ :lKUHQGHUXQG&DSWDLQ*XUPGLH+HOPHGHUOHLFKWHU.DPSIDQ]JHVFKORVVHQ
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
XQGGHQ+HOPWHOHNRPWHVWHWHQEHREDFKWHWH'XQMHZGLH8PJHEXQJ ³6HOWVDP´ PHLQWH HU ³(V VFKHLQW QLHPDQG ]X +DXVH ]X VHLQ²RGHU MHPDQG KDW HLQVFKOHFKWHV*HZLVVHQ´ ³:LU ZHUGHQ VHKHQ´ PHLQWH $ONPXD 7KUHHJR (U VFKOXJ 'XQMHZ ]XP $EVFKLHG DXIGLH6FKXOWHUXQGVWLHJLQGHQ$QWLJUDYVFKDFKW :lKUHQG GHV $XVVWLHJV VFKZLHJHQ HU XQG *XUP GHQQ GLHV ZDU VWHWV GLH NULWLVFKH =HLWVSDQQH LQ GHU 6FKLII XQG $XVVWHLJHQGH DP YHUZXQGEDUVWHQ ZDUHQ 'RFK QLFKWVUKUWHVLFK(LQHVFKZDFKH%ULVHZHKWHYRPQDKHQ6HHKHUEHUXQGEUDFKWHGHQ *HUXFK YRQ :DVVHU PLW 'LH EHLGHQ 0lQQHU |IIQHWHQ LKUH +HOPYLVLHUH ZHLWHU +LQWHU LKQHQVFKORVLFKGLH%RGHQVFKOHXVH 'XUFK HLQH +DQGEHZHJXQJ JDE 0DMRU 7KUHHJR GHP ;W\O ]X YHUVWHKHQ GD *XUP HLQHQ ZHLWHQ %RJHQ QDFK OLQNV HLQVFKODJHQ VROOWH (U VHOEHU ZDQGWH VLFK ]XHUVW QDFKUHFKWVXQGJLQJGDQQDXIGDV,JOX]X =ZDQ]LJ 0HWHU YRU GHP (LQJDQJ EOLHE HU VWHKHQ XQG VDJWH LQ GLH ZLQ]LJHQ +HOPPLNURSKRQH ³'LH%HZRKQHUVFKHLQHQ]XVFKODIHQRGHU" ³:DKUVFKHLQOLFK´ PHOGHWH 'XQMHZ VLFK DXV GHP 6FKLII ³-HGHQIDOOV JLEW HV ELV MHW]WNHLQH]XVlW]OLFKHHQHUJHWLVFKH$NWLYLWlW´ ³)HLQ,FKJHKHMHW]WZHLWHU´VDJWH$ONPXD³0DQGDP6LHEOHLEHQVWHKHQ´ /DQJVDP]XVFKQHOOHU5HDNWLRQEHUHLWQlKHUWHVLFKGHU0DMRUGHP(LQJDQJGHV ,JOXV (U UHFKQHWH MHGHU]HLW PLW HLQHP $QJULII REZRKO HU VLFK VDJWH GD GDV K|FKVW XQZDKUVFKHLQOLFKZDU(VZDUQLFKWYHUERWHQDXIHLQHPQLFKWHUVFKORVVHQHQ3ODQHWHQ QDFK %RGHQVFKlW]HQ ]X VXFKHQ /HGLJOLFK GHU $EEDX YRQ %RGHQVFKlW]HQ ZDU XQWHUVDJW:HQQHLQ3URVSHNWRUHLQH+RZDOJRQLXP/DJHUVWlWWHHQWGHFNWHNRQQWHHUEHL HLQHUGHU]DKOUHLFKHQ1HEHQVWHOOHQGHV6RODUHQ%HVLHGOXQJVDPWHVGDVHQWVSUHFKHQGH *UXQGVWFN NlXIOLFK HUZHUEHQ VRIHUQ LQ GHU 3ULPlUSODQXQJ GDV *HOlQGH QLFKW EHUHLWV IU DQGHUH =ZHFNH YRUJHVHKHQ ZDU )ROJOLFK EUDXFKWHQ VLFK GLH %HZRKQHU GHV ,JOXV QLFKWYRUHLQHP862.RPPDQGR]XYHUEHUJHQRGHUJDU:LGHUVWDQG]XOHLVWHQ 7KUHHJR UXQ]HOWH GLH 6WLUQ DOV HU VDK GD GLH /HLFKWVWDKO6FKLHEHWU GHV ,JOXV HLQHQKDDUIHLQHQ6SDOWEUHLWRIIHQVWDQG(UVWUHFNWHGLH+DQGDXV 'LH7UEHZHJWHVLFKZLGHUVWDQGVORV]XU6HLWHDEHUDOVVLHHLQUDVWHWHYHUPLWH GHU0DMRUGDVVFKZDFKH.OLFNHQGDVGDQQ HQWVWDQGZHQQVLFKGLH=HLWVFKDOWXQJGHV ,PSXOVVFKORVVHV DNWLYLHUWH XP GLH 7U JHPl GHU HLQJHJHEHQHQ 6SDQQH ZLHGHU ]X VFKOLHHQ 'DV NRQQWH QXU EHGHXWHQGD GDV ,PSXOVVFKOR GHIHNW ZDU 'D LP KDOEUXQGHQ *DUGHUREHQUDXP PLW VHLQHQ YHUVFKLHGHQHQ $UEHLWV XQG ([SHGLWLRQVDQ]JHQ /LFKW EUDQQWHODJGHU)HKOHUNDXPDQGHU(QHUJLH]XIXKU%OLHEGLH0|JOLFKNHLWGDMHPDQG GDV,PSXOVVFKORYRUVlW]OLFKPLWHLQHPhEHUODGXQJVVWR]HUVW|UWKDWWH 'HU 6SH]LDOLVW JDE *XUP HLQ =HLFKHQ GD HU LKP QDFK HLQHU KDOEHQ 0LQXWH IROJHQVROOWHGDQQ]RJHUVHLQHQ3DUDO\VDWRUXQGGUDQJLQGDV%DXZHUNHLQ =HKQ6HNXQGHQVSlWHUVDJWHHULQGLH+HLPPLNURSKRQH ³*HKHQ6LHLQV6FKLII]XUFN0DQGDPXQGKROHQ6LHPHLQHQ 0HGRNRIIHU+LHU LVWRIIHQVLFKWOLFKHLQ0RUGJHVFKHKHQ´ ³9HUVWDQGHQ´JDEGHU;W\O]XUFN³:HULVWGDV2SIHU"´ ³(LQ DOWHU 0DQQ KXQGHUW ELV KXQGHUWIQI]HKQ -DKUH DOW ,FK VFKlW]H HU LVW VHLW HWZD]ZDQ]LJ6WXQGHQWRW´
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
³8QG YRU UXQG IQI]HKQ 6WXQGHQ´ PHOGHWH VLFK /DSKRRUH 'XQMHZ ³YHUOLH HLQ NOHLQHV5DXPVFKLIIGLHVHQ3ODQHWHQ´ ³.HLQH6SHNXODWLRQHQELWWH´PDKQWH7KUHHJR (U ODXVFKWH DXI GLH NOHLQHQ *HUlXVFKH GLH GDV YROODXWRPDWLVFK DUEHLWHQGH :DUWXQJV XQG 9HUVRUJXQJVV\VWHP GHV .RPSUHVVLRQV,JOXV YRQ VLFK JDE (WZD GUHL 6FKULWWH YRU LKP ODJ HLQ YHUNUPPWHU .|USHU LQ HLQHU %OXWODFKH (U WUXJ GLH EHL 3URVSHNWRUHQEOLFKH$UEHLWVNRPELQDWLRQ $ONPXD7KUHHJRVWDUUWHYROOHU%LWWHUNHLWDXIGHQGUUHQDOWHQ0DQQKLQDEGHUYRQ HLQHP VFKUHFNOLFKHQ 6FKLFNVDO HUHLOW ZRUGHQ ZDU :LH LPPHU LQ VROFKHQ 6LWXDWLRQHQ IUDJWH VLFK GHU 0DMRU RE LQWHOOLJHQWH $UWHQ GLH EUXWDOH 0|UGHU KHUYRUEUDFKWHQ QLFKW )HKOHQWZLFNOXQJHQ GHU 1DWXU ZDUHQ²XQG ZLH MHGHVPDO GHSULPLHUWH LKQ GLH $QWZRUW GHQQ VLH EHVDJWH GD QLFKW YRQ HLQHU )HKOHQWZLFNOXQJ VRQGHUQ YRQ HLQHP QLHGULJHQ (QWZLFNOXQJVVWDQG JHVSURFKHQ ZHUGHQ PXWH 'HU 0HQVFK XQG YLHOH DQGHUH LQWHOOLJHQWH$UWHQKDWWHGDV5DXEWLHUVWDGLXPQRFKQLFKWEHUZXQGHQ ,QVHLQHU9HUELWWHUXQJKlWWHGHU0DMRUEHLQDKHHWZDVEHUVHKHQ(VILHOLKPHUVW DXIDOV0DQGDP*XUPPLWGHP0HGRNRIIHUHLQWUDW ³+DOW´ EHIDKO 7KUHHJR ³:DUWHQ 6LH QRFK 0DQGDP 6HKHQ 6LH VLFK GHQ 7RWHQ DQ:DVIlOOW,KQHQGDUDQDXI"´ 'HU;W\OPXVWHUWHGHQ(UPRUGHWHQPLWDXVGUXFNVORVHP*HVLFKW ³'LHUHFKWH+DQGLVWXQQDWUOLFKJHUDGOLQLJDXVJHVWUHFNW(VVLHKWIDVWVRDXVDOV KlWWHGHU0DQQLP6WHUEHQDXIHWZDV]HLJHQZROOHQ$EHUGRUWLVWQLFKWVDXHU´*XUP VWRFNWH ³ DXHU HLQHU *HUlWH*UXQGSODWWH PLW VHSDUDWHP )XVLRQVUHDNWRU´ HUJlQ]WH $ONPXD³'DZLUXQVKLHUZLHDQGHQDQGHUHQ*HUlWHQ]XHUNHQQHQLP)XQNUDXPGHV ,JOXVEHILQGHQXQGGDKLHUNHLQ+\SHUNRPYRUKDQGHQLVW]HLJWGHU7RWHDXIGLH6WHOOH DQGHUVHLQ+\SHUIXQNJHUlWJHVWDQGHQKDEHQPX´ ³:DUXP"´IUDJWH'XQMHZDXVGHP6FKLII ³-D ZDUXP"´ PXUPHOWH 7KUHHJR ³:lUH GHU +\SHUNRP QLFKW YHUVFKZXQGHQ VR ZUGH LFK GLH $UPKDOWXQJ IU HLQHQ =XIDOO KDOWHQ $EHU GHU 0|UGHU PX HLQHQ WULIWLJHQ *UXQGGDIUJHKDEWKDEHQGDV*HUlW]XHQWIHUQHQ/DSKRRUH´ ³-D$ONPXD"´ ³/DVVHQ 6LH GLH +DXSWSRVLWURQLN DOOH YRUVWHOOEDUHQ 0|JOLFKNHLWHQ GDIU GXUFKUHFKQHQ XQG NRQ]HQWULVFK HLQHQJHQ :LU ZHUGHQ XQVHUH $XIPHUNVDPNHLW ]ZLVFKHQGHP2SIHUXQGGHQ5lXPOLFKNHLWHQWHLOHQ´ 7KUHHJRZDQGWHVLFKDQ;W\O ³6LHGXUFKVXFKHQELWWHGLHDQGHUHQ5lXPH0DQGDP´ 0DQGDP*XUPQLFNWHVWHOOWHGHQ0HGRNRIIHUDEXQGHQWIHUQWHVLFK $ONPXD 7KUHHJR IUDJWH VLFK ZHOFKH *HIKOH GHQ ;W\O EHLP $QEOLFN HLQHV /HLFKQDPVEHZHJHQPRFKWHQ$OVHLQWHUUDQLVFKHV([SORUHUVFKLIIGHQ3ODQHWHQ;W\OYRU KXQGHUWDFKW]LJ-DKUHQHQWGHFNWHEHVDHQGLH(LQJHERUHQHQ]ZDUVFKRQHLQH7HFKQLN ZLH VLH GLH (UGH DP $QIDQJ GHV -DKUKXQGHUWV JHKDEW KDWWH DEHU VLH GH]LPLHUWHQ VLFKUHJHOPlLJGXUFK%OXWUDFKH.DQQLEDOLVPXVXQG2SIHUULWHQ$OVGLHHUVWHQ%HULFKWH GDYRQGLH(UGHHUUHLFKWHQPHOGHWHQVLFK7DXVHQGHYRQ0lQQHUQXQG)UDXHQDOVHLQH EHVRQGHUH $UW YRQ (QWZLFNOXQJVKHOIHUQ 9LHOH YRQ LKQHQ HQGHWHQ DXI JUDXVLJH :HLVH DEHU LPPHU PHKU VWU|PWHQ QDFK +HXWH ]X %HJLQQ GHV -DKUKXQGHUWV WHUUDQLVFKHU =HLWUHFKQXQJ JDE HV DXI ;W\O NHLQHQ .DQQLEDOLVPXV PHKU DEHU GLH KRKH 4XRWH
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
SV\FKLVFK.UDQNHU]HXJWHGDYRQGDKLHUXUDOWH,QVWLQNWH]ZDUXQWHUGUFNWDEHUQLFKW DXVJHPHU]W ZRUGHQ ZDUHQ 0DQGDP *XUP ZDU SV\FKLVFK VWDELO VRQVW KlWWH LKQ GLH 862QLHPDOVDXIJHQRPPHQDEHUHVEOLHELPPHUHLQ5HVWGHV=ZHLIHOV 'HU0DMRUVHXI]WH (VLVWEHUKHEOLFKZHQQPDQMHPDQGHPJHJHQEHUVNHSWLVFKLVWQXUZHLOVHLQ 8UJURYDWHU QRFK VHLQH $UWJHQRVVHQ YHUVSHLVWH GDFKWH HU =XU JOHLFKHQ =HLW W|WHWHQ 7DJ IU 7DJ 7HUUDQHU DQGHUH 7HUUDQHU²XQG GHQ 2SIHUQ ZDU HV JOHLFKJOWLJ RE VLH KLQWHUKHUYHUVSHLVWRGHUYRQHLQHP.UDQNHQZDJHQDEJHKROWZXUGHQ (U XQWHUVXFKWH GHQ WRWHQ 3URVSHNWRU XQG VWHOOWH IHVW GD GHU 0DQQ DQ HLQHP XQEHNDQQWHQ *LIW JHVWRUEHQ ZDU GDV LKP GXUFK HLQHQ 6FKX LQ +|KH GHV %HFNHQV EHLJHEUDFKWZRUGHQZDU $OVHUGLH8QWHUVXFKXQJEHHQGHWKDWWHEDWHU'XQMHZLKPHLQH$QWLJUDYSODWWIRUP ]X VFKLFNHQ (U KROWH GLH 3ODWWIRUP KHUHLQ OHJWH GHQ 7RWHQ GDUDXI XQG VFKRE LKQ LQV )UHLH ,Q]ZLVFKHQ KDWWH *XUP GLH 8QWHUVXFKXQJ GHV ,JOXV EHHQGHW (U ]HLJWH VHLQHP 9RUJHVHW]WHQHLQDQWLTXLHUWHV1RWL]EXFKLQGDVPDQVFKUHLEHQDQVWDWWVSUHFKHQPXWH ³9HUVFKOVVHOWH8QWHUVXFKXQJVHUJHEQLVVHYRQ9HUVXFKVERKUXQJHQ´HUNOlUWHGHU ;W\O ³$EHU ZHQLJVWHQV GHU 1DPH GHV (LJHQWPHUV VWHKW LP .ODUWH[W GDULQ (U KLH (URQH &UDWKRV ZDU KXQGHUWHOI -DKUH DOW XQG KDWWH VHLQHQ VWlQGLJHQ :RKQVLW] DXI 3ORSKRV´ ³$ONPXD"´IUDJWH'XQMHZEHU+HOPIXQN ³-D"´JDE0DMRU7KUHHJR]XUFN ³'LH +\SHUNRP5HODLVEUFNH ]ZLVFKHQ +HPDOV XQG 4XLQWR&HQWHU PWH LQ]ZLVFKHQ VWHKHQ :DV PHLQHQ 6LH N|QQHQ ZLU HV ULVNLHUHQ HLQHQ 6SUXFK DE]XVHW]HQ" ,FK ZUGH JHUQ ,QIRUPDWLRQHQ EHU GDV 2SIHU DQIRUGHUQ 9LHOOHLFKW ILQGHW VLFKGDULQHLQ+LQZHLVDXIVHLQH0|UGHU"´ ³)RUGHUQ 6LH GLH ,QIRUPDWLRQHQ DQ´ DQWZRUWHWH $ONPXD ³'DV 5LVLNR GD PDQ XQVDQSHLOWLVWYHUWUHWEDU´ (UZDQGWHVLFKZLHGHUDQGHQ;W\O ³.RPPHQ 6LH 0DQGDP EULQJHQ ZLU GHQ 7RWHQ LQV 6FKLII 'RUW NDQQ LFK LKQ REGX]LHUHQ´
$ONPXD 7KUHHJR GHFNWH GHQ /HLFKQDP ]X VWUHLIWH GLH +DQGVFKXKH DE XQG ]RJ GHQ3ODVWLNNLWWHODXV'DQDFKJULIIHUQDFKHLQHP]\OLQGULVFKHP%HKlOWHUKLQWHUGHVVHQ GXUFKVLFKWLJHU:DQGXQJHLQNOHLQHVUXQGHV2EMHNW]XVHKHQZDU $OV GHU 0DMRU GLH 6WHXHUNDQ]HO EHWUDW VDKHQ VHLQH EHLGHQ *HIlKUWHQ YRQ LKUHQ .RQWUROOHQDXI ³.HLQH $Q]HLFKHQ GDIU GD VLFK DQGHUH ,QWHOOLJHQ]HQ DXI +HPDOV DXIKDOWHQ´ EHULFKWHWH&DSWDLQ'XQMHZ³'HU0|UGHUVFKHLQWGHQ3ODQHWHQYHUODVVHQ]XKDEHQ´ 7KUHHJRQLFNWHXQGVWHOOWHGHQ%HKlOWHUDXIGHQ.DUWHQWLVFK'DQQYHUVFKUlQNWH HUGLH$UPHYRUGHU%UXVWXQGEOLFNWH'XQMHZXQG*XUPDQ ³:HUYRQ,KQHQKDWVFKRQHLQPDOYRQ.OHWWHQJHVFKRVVHQJHK|UW"´IUDJWHHU ³,FK´ VDJWH 0DQGDP *XUP ³9RU XQJHIlKU ]ZHL -DKUHQ KDWWH LFK DXI GHP 3ODQHWHQ 'RUVHF HLQHQ *HKHLPDXIWUDJ ]X HUOHGLJHQ 'RUVHF LVW HLQH 3ULPLWLYZHOW XQG ZLUG YRQ GHQ 6SULQJHUQ EHDQVSUXFKW 'LH *DODNWLVFKHQ +lQGOHU YHUNDXIHQ GHQ
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
(LQJHERUHQHQ -DJGVFKOHXGHUQ XQG DOV 0XQLWLRQ VROFKH .OHWWHQJHVFKRVVH´ (U GHXWHWH DXIGHQ%HKlOWHU ³'LH(LQJHERUHQHQN|QQHQVHKUJXWPLWGHQ6FKOHXGHUQXPJHKHQ´IXKUHUIRUW ³6LH WUHIIHQ QRFK DXI HLQH (QWIHUQXQJ YRQ ]ZHLKXQGHUW 0HWHUQ 'LHVH *HVFKRVVH GXUFKPHVVHQ HWZD ]HKQ 0LOOLPHWHU EHVWHKHQ DXV HLQHU 0HWDOOHJLHUXQJ PLW KRKHP VSH]LILVFKHQ *HZLFKW XQG VLQG PLW GUHLLJ VFKDUIHQ 6WDFKHOQ EHVHW]W 'D GLH (LQJHERUHQHQ GLH 6WDFKHOQ PLW 3IODQ]HQJLIW SUlSDULHUHQ ZLUG MHGHV JHWURIIHQH 7LHU LQQHUKDOEYRQ6HNXQGHQJHW|WHWJOHLFKZHOFKH.|USHUVWHOOHJHWURIIHQZLUG´ ³$EHU YHUOHW]HQ VLFK GLH (LQJHERUHQHQ QLFKW VHOEHU DQ GHQ VFKlUIHQ 6WDFKHOQ"´ HUNXQGLJWH VLFK 'XQMHZ XQG NDP QlKHU XP VLFK GDV .OHWWHQJHVFKR JHQDXHU DQ]XVHKHQ ³'LH VRJHQDQQWHQ 6FKXVFKODXIHQ KDEHQ 0HWDOOHLQODJHQ HEHQVR GHU 'DXPHQVFKXW]´DQWZRUWHWH*XUP ³:LU ZROOHQ XQV QLFKW LQ (LQ]HOKHLWHQ YHUOLHUHQ´ HUNOlUWH 7KUHHJR ³'LH 6SULQJHU YHUNDXIHQ VRZRKO *DEHOVFKOHXGHUQ DOV DXFK .OHWWHQJHVFKRVVH DXI ]DKOUHLFKHQ 3ULPLWLYZHOWHQ6LHWDXVFKHQVLHJHJHQZHUWYROOH1DWXUSURGXNWHZLH(GHOVWHLQHVHOWHQH 0LQHUDOLHQ XVZ HLQ -HGHQIDOOV LVW (URQH &UDWKRV PLW HLQHP .OHWWHQJHVFKR JHW|WHW ZRUGHQ $OOHUGLQJV GUIWH GHU 0|UGHU GD]X NHLQH *DEHOVFKOHXGHU YHUZHQGHW KDEHQ VRQGHUQHLQH:DIIHGLH3URMHNWLOHQHLQHKRKH0QGXQJVJHVFKZLQGLJNHLWYHUOHLKW´ (UUlXVSHUWHVLFK ³.OHWWHQJHVFKRVVH GLH PLW *DEHOVFKOHXGHUQ DEJHVFKRVVHQ ZHUGHQ N|QQWHQ ]ZDUDXINXU]H'LVWDQ]HLQHQ$UPRGHU%HLQNQRFKHQ]HUVFKPHWWHUQDEHUEHL&UDWKRV GXUFKVFKOXJ HLQ .OHWWHQJHVFKR GHQ JURHQ *HVlPXVNHO XQG GLH EHLGHQ GDUXQWHU OLHJHQGHQ 0XVNHOQ GHQ %HFNHQNQRFKHQ ]HUIHW]WH GLH lXHUH %HFNHQVFKODJDGHU XQG EOLHE LQ GHU %DXFKPXVNXODWXU VWHFNHQ 'HU 0|UGHU PX HLQH :DIIH YHUZHQGHW KDEHQ ZLHVLHIU.OHWWHQJHVFKRVVHELVKHUQLFKWEOLFKZDU´ ³(LQH JUDXHQKDIWH 9HUOHW]XQJ´ PXUPHOWH 'XQMHZ ³$EHU GLH HLJHQWOLFKH 7RGHVXUVDFKHLVWVLHRIIHQEDUQLFKW,FKQHKPHDQGDV*HVFKRZDUYHUJLIWHW´ ³-D´EHVWlWLJWHGHU.RVPRPHGL]LQHU³0LWHLQHPXQEHNDQQWHQ*LIWGDVLQQHUKDOE ZHQLJHU6HNXQGHQ]XP7RGHIKUWH´ (UKROWHWLHI/XIW ³:LUPVVHQKHUDXVILQGHQZDUXP&UDWKRVHUPRUGHWZXUGH/DSKRRUHDNWLYLHUHQ 6LH7DFK\[XQGVFKOHXVHQ6LHLKQDXV´ (UEHUOHJWHNXU]XQGIJWHGDQQKLQ]X ³,FKZHUGHGLHDXWRPDWLVFKH9HUWHLGLJXQJVDQODJHGHU6SDFH-HWDNWLYLHUHQGDQQ EUDXFKWQLHPDQGYRQXQVLP6FKLII]XEOHLEHQ´ 0LW JULPPLJHP *HVLFKW QDKP HU GLH HQWVSUHFKHQGHQ 6FKDOWXQJHQ YRU 'LH EUXWDOH$UWXQG:HLVHGHV0RUGHVKDWWHLKQHUVFKWWHUWXQGPLWKHLHP=RUQHUIOOW(U QDKPVLFKYRUQLFKWHKHU]XUXKHQDOVELVHUHLQHEUDXFKEDUH6SXUJHIXQGHQKDWWHPLW GHUHQ+LOIHGHU0|UGHUDXVILQGLJJHPDFKWZHUGHQNRQQWH $OV HU PLW &DSWDLQ *XUP GDV 6FKLII YHUOLH UROOWH 7DFK\[ JHUDGH DXI VHLQHQ EHLGHQ *OHLVNHWWHQ GLH /DGHUDPSH KLQDE 'LH YLHU ODQJHQ +DQGOXQJVDUPH ZDUHQ HLQJHNQLFNWXQGHQJDQGHQHNNLJHQNRSIORVHQ0HWDOOSODVWLNUXPSIJHOHJW$XIGHQVHFKV )OlFKHQ GHV 5XPSIHV OHXFKWHWHQ XQWHUVFKLHGOLFKH /LQVHQV\VWHPH XQG ZDUHQ ULQJI|UPLJHIODFKH$QWHQQHQEO|FNHXQWHUJHEUDFKW $XI GHP %RGHQ DQJHNRPPHQ UROOWH GHU 5RERWHU YRP 7\S 81,52% ,9 QRFK
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
HLQLJH0HWHUVSUHL]WHGLH$UPHOHLFKWDEXQGEOLHEVWHKHQ ³7DFK\[ PHOGHW XQHLQJHVFKUlQNWH (LQVDW]EHUHLWVFKDIW´ VDJWH HLQH HWZDV VFKQDUUHQGH6WLPPH³(UHUZDUWHW,KUH%HIHKOH´ 0DMRU 7KUHHJR HUNOlUWH GHP 5RERWHU ZDV JHVFKHKHQ ZDU XQG EHIDKO LKP GDV ,QQHUHGHV.RPSUHVVLRQV,JOXVXQGGLH8PJHEXQJV\VWHPDWLVFKQDFK6SXUHQDOOHU$UW DE]XVXFKHQ VRZLH PLW GHP 2EMHNW6SlW]HLFKQHU DOOH HQHUJHWLVFKHQ 5HVWVSXUHQ ]X ILOPHQGLH]XUXQJHIlKUHQ=HLWGHV0RUGHVHQWVWDQGHQZDUHQ 'LH 0DVFKLQH VWHOOWH QRFK HLQLJH )UDJHQ GDQQ EHVWlWLJWH VLH GHQ %HIHKO XQG UROOWH]XP,JOX'DVLHEUHLWHUZDUDOVGLH7U|IIQXQJHUZHLWHUWHVLHGLHgIIQXQJLQGHP VLH PLWWHOV +RFKGUXFN0DWHULDOLQMHNWLRQ HLQH QHXH $EJUHQ]XQJ LQQHUKDOE GHU 'RSSHOZDQGXQJVFKXIXQGGLHGDYRUOLHJHQGHQ6WFNHHQWIHUQWH 'LH GUHL 8626SH]LDOLVWHQ ZDUWHWHQ VFKZHLJHQG 6LH ZXWHQ GD GHU 5RERWHU HLQLJH =HLW VXFKHQ PXWH EHYRU LUJHQGZDQQ LP UHNRQVWUXLHUWHQ =HLWDEODXI GDV 0RUGJHVFKHKHQ DXIWDXFKWH (UVW GDQQ ZUGH HU GHQ 2EMHNW6SlW]HLFKQHU JH]LHOW HLQVHW]HQ XQG GLH hEHUODJHUXQJHQ GHU 9HUJDQJHQKHLW 5HODWLY]XNXQIW XQG *HJHQZDUW DXVEOHQGHQ N|QQHQ ,Q HUVWHU /LQLH DUEHLWHWHQ 26*HUlWH DXI ,QIUDURWEDVLV XQG ]ZDU QDFKGHP)XQNWLRQVSULQ]LJGHU2NULOOVGLHMDQDWUOLFKH,QIUDURWVSUHUZDUHQ/DQJH=HLW ZDUHQ GLH ([SHULPHQWH PLW 3URWRW\SHQ IHKOJHVFKODJHQ ELV HLQ .\EHUQHWLNHU7HDP IHVWVWHOOWH GD 2NULOOV GLH ,QIUDURWVSXUHQ YHUJDQJHQHU (UHLJQLVVH HUVW LQ LKUHP *HKLUQ GXUFK HLQH $UW YHUJOHLFKHQGH 5HNRQVWUXNWLRQ ]X EUDXFKEDUHQ 6SlWHLQGUFNHQ IRUPWHQ $OVPDQGLHVHQ9RUJDQJGXUFKEHVRQGHUH3RVLWURQLNHQQDFKDKPHQOLHKDWWHPDQHLQ QHXHVZLFKWLJHV+LOIVPLWWHONULPLQDOLVWLVFKHU(UPLWWOXQJVDUEHLWJHZRQQHQ 1DFKNQDSSHLQHUKDOEHQ6WXQGHUROOWH7DFK\[UFNZlUWVDXVGHP,JOXXQGIXKU GLH 8PJHEXQJ LQ LPPHU JU|HU ZHUGHQGHQ NRQ]HQWULVFKHQ .UHLVHQ DE (LQH ZHLWHUH KDOEH6WXQGHVSlWHUNHKUWHHU]XGHQ6SH]LDOLVWHQ]XUFNXQGKLHOWDQ ³7DFK\[PHOGHWVLFKQDFKHUOHGLJWHP$XIWUDJ]XUFN´VFKQDUUWHGHU5RERWHU ³*XW´HUZLGHUWH7KUHHJR ³)KUHXQVELWWHGHQ6SlW]HLFKQHUILOPYRU´ 'HU 5RERWHU GUHKWH VLFK ELV HLQH GHU VHFKV 5XPSIIOlFKHQ LP %OLFNIHOG GHU GUHL 0lQQHU VWDQG (LQ 7HLO GHU :DQG JOLWW EHLVHLWH XQG JDE GHQ %OLFN DXI HWZDV IUHL GDV JURHbKQOLFKNHLWPLWHLQHP7ULYLGHRNXEXVEHVD 8QZLOONUOLFKKLHOW$ONPXDGHQ$WHPDQDOVGHU.XEXVVLFKHUKHOOWH(UVDKGDV ,QQHUHYRQ&UDWKRV¶)XQNUDXPXQGHLQHVFKPDOH*HVWDOWRIIHQEDUGLHGHVHUPRUGHWHQ 3URVSHNWRUV /HLGHU ZDU GLH 5HNRQVWUXNWLRQ YHUVFKZRPPHQ VR GD 7KUHHJR QLFKW VHKHQNRQQWHZDV&KUDWKRVWDW(UVFKLHQYRUGHP+\SHUNRP]XVWHKHQHLQHPJURHQ XQG GHPQDFK OHLVWXQJVVWDUNHQ *HUlW GDV VLFK ]XU DEJHELOGHWHQ =HLW QRFK DXI GHP .UDIWZHUNVVRFNHOEHIDQG 'DQQ EOHQGHWH GHU 2EMHNW6SlW]HLFKQHU XP XQG ]HLJWH GHQ (LQJDQJ ]XP )XQNUDXP'LH6FKLHEHWUJOLWWHLQ6WFNDXI 7KUHHJR NQLII GLH $XJHQ ]XVDPPHQ 'DV %LOG IOLPPHUWH XQG ZDU HLQPDO ]X GXQNHO XQG GDQQ ZLHGHU YLHO ]X KHOO ,PPHUKLQ VDK HU ZLH HWZDV 'XQNOHV KLQWHU GHU KDQGEUHLW JH|IIQHWHQ 7U HUVFKLHQ 'DV 'XQNOH EHZHJWH VLFK XQG YHUVFKZDQG GDQQ ZLHGHU $EHUPDOV EOHQGHWH GDV 26*HUlW XP (V ]HLJWH GHQ NXU]HQ 7RGHVNDPSI GHV 3URVSHNWRUV'DQDFKNDPHQGLH$XIQDKPHQDXVGHU8PJHEXQJGHV,JOXV 'LH8626SH]LDOLVWHQHUNDQQWHQHLQHHWZDPHQVFKHQJURH*HVWDOWGLHGDV,JOX YHUOLH XQG DXI HLQHU $QWLJUDYSODWWIRUP GHQ +\SHUNRP YRU VLFK KHUVFKRE 'LH *HVWDOW
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
VFKLHQ HLQHQ 5DXPDQ]XJ ]X WUDJHQ DEHU (LQ]HOKHLWHQ ZDUHQ QLFKW ]X HUNHQQHQ 8QJHIlKU KXQGHUW 0HWHU YRP ,JOX HQWIHUQW OLH GHU 0|UGHU GHQ +\SHUNRP YRQ GHU $QWLJUDYSODWWIRUP JOHLWHQ XQG O|VWH LKQ PLW HLQHP 'HVLQWHJUDWRU DXI 'DQQ VFKZDQJ HU VLFKDXIGLH3ODWWIRUPXQGMDJWHGDYRQ ³'LH HLQJHVFKODJHQH 5LFKWXQJ ZXUGH DOV SODQHWDULVFKHU 6GHQ HUPLWWHOW´ VFKQDUUWHGHU5RERWHU³'DV=LHOZDUQLFKW]XHUNHQQHQ´ ³=HLWDQJDEHQ´EHIDKOGHU0DMRU (UQLFNWHDOV7DFK\[GLH+DQGOXQJV]HLWHQDQVDJWH ³.HLQ=ZHLIHOGHU0|UGHUPXLQGHP5DXPVFKLIIJHZHVHQVHLQGDVZLURUWHWHQ DOV ZLU +HPDOV DQIORJHQ -HW]W PVVHQ ZLU QRFK NOlUHQ RE GHU 0|UGHU QDFK +HPDOV NDP XP &UDWKRV ]X W|WHQ RGHU RE HU ZlKUHQG VHLQHU $QZHVHQKHLW DXI GHP 3ODQHWHQ ]XIlOOLJHQWGHFNWHGDVLFKGHU3URVSHNWRUKLHUEHIDQG´ ³:LH ZROOHQ 6LH GDV NOlUHQ ZHQQ GHU 0|UGHU +HPDOV YHUODVVHQ KDW $ONPXD"´ IUDJWH/DSKRRUH'XQMHZ 'HU0DMRU]XFNWHGLH6FKXOWHUQ ³'DVZHLLFKQRFKQLFKW$EHUDQJHQRPPHQGHU0RUGDQ&UDWKRVJHK|UW]XGHU 6HULH YRQ 0RUGHQ PLW GHQHQ MHPDQG HLQH .RORQLVLHUXQJ GHV &\VWRERUV6\VWHPV YHUKLQGHUQZLOOGDQQPXHVLUJHQGZRLQGLHVHP6RQQHQV\VWHPHWZDVJHEHQGDVIU GLH$XIWUDJJHEHUGHU0|UGHUVHKUZLFKWLJLVW0|JOLFKHUZHLVHKDWGHU3URVSHNWRUHWZDV HQWGHFNWYLHOOHLFKWEHU+\SHUNRPXQGZXUGHGHVZHJHQXPJHEUDFKW´ ³,FKYHUVWHKH´HUZLGHUWH'XQMHZ³:LUZHUGHQDOVRLQGLH5LFKWXQJIOLHJHQLQGHU VLFK GHU 0|UGHU HQWIHUQWH XQG ]XHUVW DXI GLHVHP 3ODQHWHQ QDFK +LQZHLVHQ VXFKHQ )LQGHQZLUQLFKWVVXFKHQZLUDXIGHQDQGHUHQ3ODQHWHQ´ ³5LFKWLJ1RWIDOOVIRUGHUQZLU8QWHUVWW]XQJDQ´7KUHHJRZDUIHLQHQ%OLFNDXIGLH GLFKW EHUGHPZHVWOLFKHQ+RUL]RQWVFKZHEHQGH6RQQH³:LUNHKUHQLQV6FKLII]XUFN XQG JHEHQ HLQHQ YRUOlXILJHQ %HULFKW DQV +DXSWTXDUWLHU GXUFK 'DQDFK OHJHQ ZLU HLQH 5XKHSDXVHHLQXQGVWDUWHQPRUJHQEHL6RQQHQDXIJDQJ´ (UZDQGWHVLFKXPXQGJLQJ]XU6DFKH-HW]XUFN 5RQDOG7HNHQHUDOLDV.DQJRV5DL]6HODVHVFKDOWHWHGHQ9LEUDWLRQVPHFKDQLVPXV GHV6HVVHOVHLQXQGK|UWHVHLQHP*HJHQEHUVFKHLQEDUGHVLQWHUHVVLHUW]XZlKUHQGHU GXUFKJHVFKWWHOWZXUGH 'U3LOONLP+DLPKREVHLQH6WLPPHXQGIXKUIRUW ³ N|QQHQ 6LH ]XP JHJHQZlUWLJHQ =HLWSXQNW GLH /DQGXQJ HLQHV (9$.RPPDQGRV DXI +HPDOV QLFKW YHUDQWZRUWHQ lK 6LU 'LH DXI 6LH YHUEWHQ 0RUGDQVFKOlJHKDEHQEHZLHVHQGDHLQH9HUEUHFKHU2UJDQLVDWLRQGLH%HVLHGOXQJGHV &\VWRERUV6\VWHPVPLWDOOHQ0LWWHOQ]XYHUKLQGHUQWUDFKWHW,KU2QNHOKlWWHQLHPDOV´ 7HNHQHUGHVDNWLYLHUWHGHQ9LEUDWLRQVPHFKDQLVPXVXQGKREGLH+DQGZRUDXIKLQ GHU /HLWHU GHU $EWHLOXQJ (9$(UNXQGXQJ 9HUPHVVXQJ $QODJHSODQXQJ VLFK PLWWHQ LP 6DW]XQWHUEUDFK ³0HUNHQ 6LH VLFK HLQHV 0U +DLP´ VDJWH 7HNHQHU ³,FK ZHUGH QLFKW ]XODVVHQ GD GHU 1DPH PHLQHV²KRIIHQWOLFK VHOLJHQ²2QNHOV YRQ LUJHQG MHPDQGHP ]XU 8QWHUPDXHUXQJ YRQ $UJXPHQWHQ PLEUDXFKW ZLUG VR ZDKU 7DHIGX LP 6FKlFKWHOFKHQ
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
YHUZDKUWLVW´ 'HUKDJHUH3URIHVVRUGHU9DFDQWRORJLHXQG.RVPRgNRQRPKVWHOWHXQGZ|OEWH GLH%UDXHQVDJWHDEHUQLFKWV 7HNHQHU OlFKHOWH (V ZDU DOOHUGLQJV QLFKW GDV EHUKPWEHUFKWLJWH /lFKHOQ GHV ³6PLOHUV´VRQGHUQGDVGHVNRVPLVFKHQ*HQ9HUVDJHUV.DQJRV5DL]6HODVH ³8QGQXQVRUJHQ6LHGDIUGDGLH(9$,,VWDUWNODUJHPDFKWZLUG,FKZHUGHGLH 3OlQH PHLQHV YHUVWRUEHQHQ 2QNHOV QLFKW HLQIDFK EHJUDEHQ EHYRU LFK QLFKW HLQGHXWLJ ZHLGDGDV+RWHOSURMHNWDXI+HPDOV|NRQRPLVFKXQWUDJEDULVW´ ³$EHU HV JHKW KLHU QLFKW XP |NRQRPLVFKH $VSHNWH VRQGHUQ XP VROFKH GHU 6LFKHUKHLW´ZDQGWH+DLPHQHUJLVFKHLQ ³6LFKHUKHLW XQG 5HQRPPHH GDIU EUJW GLH &9&¶ ]LWLHUWH 7HNHQHU HLQHQ :HUEHVORJDQ GHU &RVPLF 9DFDWLRQ &RPSDQ\ GLH HU YRQ VHLQHP HUPRUGHWHQ 2QNHO JHHUEW KDWWH ³6R VROO HV DXFK NQIWLJ EOHLEHQ VR ZDKU 7DHIGX LP 6FKlFKWHOFKHQ YHUZDKUWLVW$EHUGD]XPVVHQZLUHLQHQ3ODQHWHQDXIGHPZLU+RWHONRPSOH[HEDXHQ ZROOHQJHQDXHVWHQVXQWHUVXFKHQ´ ³,FK YHUVWHKH 6LU´ HUZLGHUWH 3LOONLP +DLP PLW DXVGUXFNVORVHP *HVLFKW ³$OOHUGLQJV PX LFK XQWHU GHQ JHJHEHQHQ 8PVWlQGHQ GDUDXI EHVWHKHQ GD LFK GHQ )OXJGHU(9$,,PLWPDFKH´ ³(LQYHUVWDQGHQ´HUNOlUWH7HNHQHU ,Q GHP $XJHQEOLFN LQ GHP +DLP VLFK GHU 7U ]XZDQGWH |IIQHWH VLH VLFK XQG 6LQFODLU 0DURXW .HQQRQ DOLDV 'DPDUNXV 6HOH\W WUDW HLQ 6HOH\W ZDU GHU 9HWWHU YRQ .DQJRV5DL]6HODVHXQGZLFKGHPNRVPLVFKHQ*HQ9HUVDJHUQLFKWYRQGHU6HLWH'HU *UXQGGDIUODJGDULQGD+DJEXUV7HVWDPHQWEHVWLPPWKDWWH.DQJRVGUIHLQJDQ]HV -DKUODQJQLFKWVSLHOHQVRQVWZUGHGLH(UEVFKDIW'DPDUNXV6HOH\W]XIDOOHQ'HUHFKWH 6HOH\WZDUDXIHLQHPIHUQHQ3ODQHWHQYRQHLQHP6RO$E.RPPDQGRXQWHU$UUHVWJHVWHOOW ZRUGHQZlKUHQG.DQJRVVLFKIUHLZLOOLJEHUHLWHUNOlUWKDWWHIUGLH'DXHUGHU$NWLRQLQ 4XLQWR&HQWHUHLQTXDUWLHUW]XEOHLEHQ7HNHQHUXQG.HQQRQVSLHOWHQGLHVH5ROOHQZHLO VLH GDPLW GLH $XIPHUNVDPNHLW GHU 9HUEUHFKHURUJDQLVDWLRQ DXI VLFK ]LHKHQ XQG GLH 'UDKW]LHKHU]X)HKOKDQGOXQJHQYHUOHLWHQZROOWHQ +DLPV*HVLFKWYHUILQVWHUWHVLFKEHLP$QEOLFN6HOH\WV 'DPDUNXV6HOH\WJLQJJULQVHQGDXIGHQ.RVPRgNRQRPHQ]XXQGEOLHEGLFKWYRU LKPVWHKHQ ³1XQ ZDV KDW PHLQ 9HWWHU .DQJRV DXVJHEUWHW" :HOFKH 7ULFNV KDW HU VLFK DXVJHGDFKW XP PLFK DE]XKlQJHQ" $EHU GDV ZLUG LKP QLFKW JHOLQJHQ´ (U DKPWH GHQ QlVHOQGHQ7RQIDOOYRQ.DQJRVQDFK³6RZDKU7DHIGXLP6FKlFKWHOFKHQYHUZDKUWLVW´ ³,FK P|FKWH GLFK HUVXFKHQ´ VDJWH .DQJRV ³GHQ 1DPHQ GHU *RWWKHLW 7DHIGX QLFKW]XYHUXQJOLPSIHQ'DPDUNXV:DVZLOOVWGXKLHU"´ 6HOH\WODFKWHXQDQJHQHKP ³'LFK HLQHV 9HUVWRHV JHJHQ GLH 7HVWDPHQWVEHGLQJXQJHQ EHUIKUHQ PHLQ OLHEHU 9HWWHU´ 6HLQ *HVLFKW YHU]HUUWH VLFK ³'HU UHFKWPlLJH (UEH 2QNHO +DJEXUV ELQ QlPOLFKLFKQLFKWGX´ 7HNHQHUHUKREVLFK ³1XQ LFK ZHUGH PLU GHLQ *HVFKZlW] NHLQHVIDOOV OlQJHU DQK|UHQ VRQGHUQ 0U +DLP]XP(LQVDW]VWDE(9$,,EHJOHLWHQ´ .HQQRQVHW]WHVLFKLQHLQHQ6HVVHO ³+|UH PLU ELWWH HUVW ]X .DQJRV´ EDW HU LQ YHUlQGHUWHP 7RQIDOO ³,FK KDEH HLQH
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
HUQVWH6DFKHPLWGLU]XEHVSUHFKHQ´ 7HNHQHUEOLFNWHRVWHQWDWLYDXIVHLQHQ$UPEDQG&KURQRJUDSKHQGDQQVDJWHHU ³*XW LFK JHEH GLU IQI 0LQXWHQ´ (U QLFNWH 3LOONLP +DLP ]X ³*HKHQ 6LH VFKRQ YRUDXV LFKNRPPHQDFK´ (U ZDUWHWH ELV +DLP GDV %UR YHUODVVHQ KDWWH GDQQ OLH HU VLFK .HQQRQ JHJHQEHUQLHGHU ³'HLQ (LQOHQNHQ HEHQ EHGHXWHW VLFKHU GD GX HLQH 1DFKULFKW IU XQV EHLGH HPSIDQJHQKDVW.HQ´ ³6R LVW HV 7HN 'DV .RQWDNWNRPPDQGR KDW HLQHQ $XIIRUGHUXQJVLPSXOV DEJHVWUDKOW:LUVROOHQXQVXQYHU]JOLFKGRUWHLQILQGHQ´ ³'DQQZROOHQZLUDXIEUHFKHQ´VDJWH7HNHQHU (UXQWHUULFKWHWHVRZRKO'U3LOONLP+DLPDOVDXFKVHLQHQ5RERWVHNUHWlUGDUEHU GD HU IU HLQLJH =HLW IRUW PVVH GDQQ IXKU HU ]XVDPPHQ PLW VHLQHP (LQVDW]SDUWQHU ]XP 'DFK GHV &9&+RFKKDXVHV (LQ )OXJJOHLWHU EUDFKWH GLH 0lQQHU ]XP +RFKKDXV HLQHV 5HLVHEURV GDV PLW GHU &RVPLF 9DFDWLRQ &RPSDQ\ ]XVDPPHQDUEHLWHWH VHLW 7HNHQHUGLH5ROOHGHVQHXHQ&9&&KHIVVSLHOWH 6LH VFKZHEWHQ LP $QWLJUDYOLIW ZHLW XQWHU GLH (UGREHUIOlFKH XQG EHWUDWHQ GXUFK HLQHQ *HKHLPJDQJ HLQH NOHLQH 7UDQVPLWWHUVWDWLRQ 1DFKGHP VLH VLFK EHL GHQ 5RERWZlFKWHUQDXVJHZLHVHQKDWWHQGXUIWHQVLHGHQ7UDQVPLWWHUEHQXW]HQ 7HNHQHU XQG .HQQRQ UHPDWHULDOLVLHUWHQ LQ HLQHP 6HLWHQIOJHO GHV *HElXGHNRPSOH[HVGHU6RODUHQ$EZHKU+LHUZDUGDVVRJHQDQQWH.RQWDNWNRPPDQGR GHU 9HUELQGXQJV XQG .RRUGLQLHUXQJVVWDE ]ZLVFKHQ 6RO$E XQG 862 HLQTXDUWLHUW (LQ 8626SH]LDOLVW DXV GHP 9RONH GHU 7RSVLGHU EHUUHLFKWH 7HNHQHU HLQH ,QIRUPDWLRQVNDSVHO ³(LQH NRGLHUWH +\SHUNRPQDFKULFKW GHV /RUGDGPLUDOV´ VDJWH HU ³:LUG QXU GXUFK ,KUH,QGLYLGXDOVWUDKOXQJ]XJlQJOLFK´ ³6RZDKU7DHIGXLP6FKlFKWHOFKHQYHUZDKUWLVW´PHLQWH.HQQRQLURQLVFK (U EHJDE VLFK PLW .HQQRQ LQ HLQHQ IUHLHQ $UEHLWVUDXP XQG |IIQHWH GLH ,QIRUPDWLRQVNDSVHO 'LH GDULQ EHILQGOLFKH 6SXOH VFKRE HU LQ HLQ $EK|UJHUlW VFKDOWHWH GLH'HNRGLHUSRVLWURQLNYRUXQGJDELKUGHQ]ZLVFKHQLKPXQG$WODQYHUHLQEDUWHQ.RGH 'LHEHLGHQ6SH]LDOLVWHQODVHQGHQ7H[WGHU1DFKULFKWYRQHLQHP%LOGVFKLUPDE GDQQVDKHQVLHVLFKDQ ³0RUGDQHLQHP3URVSHNWRUDXIGHP]ZHLWHQ&\VWRERUV3ODQHWHQ´VDJWH6LQFODLU 0DURXW .HQQRQ QDFKGHQNOLFK ³'DV EHVWlWLJW XQVHUH 9HUPXWXQJHQ 2IIHQEDU KDW GLH XQEHNDQQWH2UJDQLVDWLRQDXI+HPDOVHWZDVYRUGDVQLHPDQGHUIDKUHQVROO´ ³8QG $ONPXD 7KUHHJR EHILQGHW VLFK DXI GLHVHP 3ODQHWHQ²DOOHLQ PLW ]ZHL DQGHUHQ 6SH]LDOLVWHQ´ VDJWH 7HNHQHU ³$WODQ KDW UHFKW 'LHVH GUHL 0lQQHU VLQG LQ K|FKVWHP0DHJHIlKUGHW:LUPVVHQVRVFKQHOOZLHP|JOLFKQDFK+HPDOV´ (UZDUIGLH,QIRUPDWLRQVVSXOHLQHLQH9HUQLFKWXQJVDQODJHXQGYHUOLHGHQ5DXP ]XVDPPHQPLW.HQQRQ%HLGHPWRSVLGLVFKHQ6SH]LDOLVWHQEOLHEHUVWHKHQ ³7HLOHQ 6LH ELWWH GHP /RUGDGPLUDO PLW ZLU ZUGHQ GLH YRUJHVFKODJHQH 5HLVH XQYHU]JOLFKDQWUHWHQ&DSWDLQ´ 'HU(FKVHQDEN|PPOLQJJDEHLQIUHXQGOLFKHV.LHIHUVFKQDSSHQYRQVLFK ³:LUGHUOHGLJW6LU²VRZDKU7DHIGXLQVHLQHP6FKlFKWHOFKHQYHUZDKUWLVW´ 5RQDOG 7HNHQHU ODFKWH VFKDOOHQG XQG ZLQNWH GHP 7RSVLGHU ]X EHYRU HU GDV 6FKRWW]XP*HKHLPJDQJ|IIQHWH
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
1DFK NXU]HP )OXJ EHU GLH &LW\ YRQ 7HUUDQLD ODQGHWHQ GLH )UHXQGH PLW LKUHP *OHLWHUZLHGHUDXIGHP'DFKGHV&9&+RFKKDXVHV6LHEHJDEHQVLFK]XGHU(WDJHLQ GHUGHU(LQVDW]VWDEYRQ(9$,,XQWHUJHEUDFKWZDU 7HNHQHU XQWHUEUDFK 3LOONLP +DLP LQ HLQHU %HVSUHFKXQJ ]RJ LKQ ]XU 6HLWH XQG IOVWHUWH ³.OHLQH 3URJUDPPlQGHUXQJ 0U +DLP ,FK HUKLHOW HLQH YHUWUDXOLFKH ,QIRUPDWLRQ QDFKGHUDXIGHP]ZHLWHQ&\VWRERUV3ODQHWHQHLQ3URVSHNWRUHUPRUGHWZXUGH´ ³8QG GDV KDW 6LH XPJHVWLPPW 6LU´ PHLQWH +DLP ³.DQQ LFK DOVR MHW]W GLH 9RUEHUHLWXQJHQIUGDV+RWHOSURMHNW+HPDOVHLQVWHOOHQ"´ ³1HLQ´HQWJHJQHWH7HNHQHU³*DQ]LP*HJHQWHLO6LHZHUGHQGLH9RUEHUHLWXQJHQ IU GHQ (LQVDW] YRQ (9$ ,, IRUFLHUHQ ZlKUHQG PHLQ 9HWWHU XQG LFK PLW HLQHU -DFKW YRUDXVIOLHJHQ6REDOGGLH(9$,,NODULVWNRPPHQ6LHQDFK+DLP´ ³$EHU ZHQQ 6LH QDFK +HPDOV UHLVHQ EHJHEHQ 6LH VLFK LQ /HEHQVJHIDKU 6LU´ ZDUQWH+DLP 7HNHQHUYHU]RJKRFKPWLJGDV*HVLFKWXQGVDJWHQlVHOQG ³1LFKWLFKVRQGHUQGLH0|UGHUEHJHEHQVLFKLQ/HEHQVJHIDKUVRZDKU7DHIGXLQ VHLQHP 6FKlFKWHOFKHQ YHUZDKUW LVW 8QG QXQ VRUJHQ 6LH ELWWH GDIU GD XQVHUH 5DXPMDFKWVWDUWNODUJHPDFKWZLUG:LUZHUGHQGLH%877(5)/<QHKPHQ´ ³,FKNPPHUHPLFKVRIRUWGDUXP´HUZLGHUWH3LOONLP+DLP³6RZDKU7DHIGX² 2K]XP(QGHGHV8QLYHUVXPVPLWGLHVHP7DHIGX´
$ONPXD 7KUHHJR PXVWHUWH GLH $Q]HLJHQ GHU 6XFKJHUlWH ZlKUHQG /DSKRRUH 'XQMHZ GHQ RIIHQHQ *OHLWHU LQ ODQJVDPHP 7HPSR EHU HLQH SDUNlKQOLFKH :DOG XQG :LHVHQODQGVFKDIW VWHXHUWH $XI GHP +LQWHUVLW] VD 0DQGDP *XUP GLH $EK|UKDXEH EHUGHP.RSIXQGODXVFKWHDXIHYHQWXHOOH7HOHNRPRGHU+\SHUNRPVHQGXQJHQ ³6R KDEH LFK PLU LPPHU GDV 3DUDGLHV YRUJHVWHOOW´ VDJWH &DSWDLQ 'XQMHZ XQG GHXWHWHPLWNDXPPHUNOLFKHU.RSIEHZHJXQJQDFKXQWHQ ³,KU 3DUDGLHV KDW HLQHQ 6FK|QKHLWVIHKOHU´ JDE 7KUHHJR ]XUFN ³,Q LKP ZLUG JHPRUGHW´ (U ZDQGWH VLFK XP DOV YRQ KLQWHQ HLQ *HUlXVFK HUW|QWH GDV VLFK ZLH XQWHUGUFNWHVPHQVFKOLFKHV6W|QQHQDQK|UWH'HU;W\OVDQRFKDXIVHLQHP3ODW]GLH $EK|UKDXEH DXI GHP .RSI 6HLQ 0XQG ZDU OHLFKW JH|IIQHW VR GD GLH VFKDUIHQ 5HL]lKQH]XVHKHQZDUHQ 'HU0DMRUVWLH*XUPDQXQGZDUWHWHGDUDXIGDVLFKGHU%OLFNGHV&DSWDLQVDXI LKQULFKWHWHGHQQK|UHQNRQQWHHULKQZHJHQGHU+DXEHQLFKW 0DQGDP *XUP ]XFNWH ]XVDPPHQ VHLQH +lQGH VFKQHOOWHQ YRU XQG OHJWHQ VLFK XP7KUHHJRV+DOV,PQlFKVWHQ0RPHQWOLHHQVLHZLHGHUORV'HU;W\OEOLFNWHVHLQHQ 9RUJHVHW]WHQYHUZXQGHUWDQ ³:DV KDEHQ 6LH JHWDQ 6LU GD LFK 6LH IU HLQHQ )HLQG KLHOW"´ IUDJWH *XUP (U QDKPGLH+DXEHDE ³1LFKWV,FKKDEH6LHDQJHVWRHQGDPLW6LHPLFKDQVDKHQ6WDWWGHVVHQOHJWHQ 6LHPLU,KUH+lQGHXPGHQ+DOV:LHNDPHV]XGLHVHU5HDNWLRQ0DQGDP"´ 0DQGDP*XUPZLUNWHUDWORV ³2IIHQJHVWDQGHQLFKZHLHVQLFKW$ONPXD,FKGDFKWH6LHKlWWHQHWZDVJHWDQ
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
GDVEHLPLUHLQHQEHGLQJWHQ5HIOH[DXVO|VWH´ /DSKRRUHGUHKWHGHQ.RSIXQGVDJWHEHUGLH6FKXOWHU ³:DKUVFKHLQOLFK KDW 0DQGDP QXU JHWUlXPW ZlKUHQG HU YRUJDE GLH :HOOHQEHUHLFKH XQG )UHTXHQ]HQ DE]XK|UHQ 'HU 6FKUHFN KDW LKQ GDQQ ]X HLQHU EHUVSLW]WHQ5HDNWLRQYHUDQODW´ ³'DVVWLPPWQLFKW´SURWHVWLHUWH*XUP ³:LUZHFKVHOQGLH3OlW]H0DQGDP´HQWVFKLHG0DMRU7KUHHJRJHODVVHQ³'XUFK VWlQGLJH.RQ]HQWUDWLRQZLHHVEHLP$EK|UHQYRUNRPPWNDQQPDQVLFKOHLFKWVHOEHULQ HLQH$UW7UDQFHYHUVHW]HQ$OVRZHUGHQZLUXQV|IWHUDOVELVKHUEHLP$EK|UHQDEO|VHQ´ :lKUHQG HU QDFK KLQWHQ XPVWLHJ ZDUI HU HLQHQ %OLFN DXI 7DFK\[ 'HU 5RERWHU IROJWH LKQHQ PLW +LOIH VHLQHV $QWLJUDYNLVVHQDQWULHEV LQ HWZD ]ZHLKXQGHUW 0HWHUQ (QWIHUQXQJ(UZUGHVLFKEHU)XQNPHOGHQVREDOGHUPLWVHLQHP26*HUlWHLQH6SXU GHV0|UGHUVHQWGHFNWH $ONPXD7KUHHJRVWOSWHVLFKGLH+DXEHEHUGHQ.RSI$XJHQEOLFNOLFKHUVWDUEHQ DOOH*HUlXVFKHGHU8PZHOW(VZXUGHXQKHLPOLFKVWLOO 'HU .RVPRPHGL]LQHU PHUNWH GD VHLQH 0XVNHOQ VLFK XQZLOONUOLFK DQJHVSDQQW KDWWHQ (U DEVROYLHUWH HLQH JHLVWLJH (QWVSDQQXQJVEXQJ XQG UHJLVWULHUWH GD VLH HUIROJUHLFK YHUOLHI 6HLQH +lQGH OHJWHQ VLFK DXI GLH 7DVWDWXU GHV $EK|UVWHXHUJHUlWHV XQG JULIIHQ LQ GLH DXWRPDWLVFKH 5RXWLQH HLQ $E XQG ]X K|UWH HU GDV FKDUDNWHULVWLVFKH .QDFNHQ YRQ +\SHUHQHUJLH$XVEUFKHQ GHU 6RQQH &\VWRERUV GDV JHGlPSIWH 5DXVFKHQ DXIJHODGHQHU :DVVHUVWRIIVWU|PH XQG²DXI HLQHU VSH]LHOOHQ )UHTXHQ]²GDV 6FKZLQJXQJV]LUSHQ GHV LQ GHU 2EHUIOlFKHQNUXVWH YRQ +HPDOV ODJHUQGHQ +RZDOJRQLXPV $EHU GHU (PSIDQJVEHUHLFK GLHVHV *HUlWHV ZDU JHULQJ XQG ]ZDU DEVLFKWOLFK EHJUHQ]W GDPLW UlXPOLFK ZHLW HQWIHUQWH 6HQGXQJHQ GDV $EK|UHQ QLFKW EHKLQGHUWHQ 0D[LPDO NRQQWH HLQ VWDUNHU +\SHUNRP QRFK DXV /LFKWMDKUHQ (QWIHUQXQJ HPSIDQJHQZHUGHQ 7KUHHJROlFKHOWHJHLVWHVDEZHVHQGGUHKWHVLFKXP]RJGHQ,PSXOVVWUDKOHUXQG VFKRDXI7DFK\['HU5RERWHUYHUVFKZDQGDXVVHLQHP%OLFNIHOG 7KUHHJR ZHKUWH VLFK QLFKW DOV 0DQGDP *XUP LKP GHQ ,PSXOVVWUDKOHU XQG GLH $EK|UKDXEHDEQDKP ³:DV LVW PLW ,KQHQ ORV"´ IUDJWH GHU ;W\O ³:DUXP KDEHQ 6LH DXI GHQ 5RERWHU JHVFKRVVHQ$ONPXD"¶ &DSWDLQ 'XQMHZ ZHQGHWH GHQ *OHLWHU XQG NUHLVWH EHU GHU 6WHOOH DQ GHU VHLQHU 0HLQXQJQDFK7DFK\[QLHGHUJHJDQJHQZDU 0DMRU7KUHHJR]XFNWHGLH6FKXOWHUQ ³,FKHULQQHUHPLFKQLFKW$EHULFKPXHLQHQ*UXQGJHKDEWKDEHQ2KQH*UXQG KlWWHLFKGRFKQLFKWJHVFKRVVHQ´ ³7DFK\[LVWQLFKW]XRUWHQ´VDJWH'XQMHZlUJHUOLFK³:DKUVFKHLQOLFKKDWHUVHLQHQ $QWL2UWXQJVVFKLUPHLQJHVFKDOWHWZHLOHUVHLQH([LVWHQ]IUEHGURKWKlOW´ (U OLH GHQ *OHLWHU DXI GHU 6WHOOH VFKZHEHQ XQG EOLFNWH GHQ .RVPRPHGL]LQHU SUIHQGDQ ³(V JHIlOOW PLU JDU QLFKW ZDV GD JHVFKHKHQ LVW $ONPXD (UVW ZLOO 0DQGDP 6LH HUZUJHQ²XQG GDQQ VFKLHHQ 6LH DXI 7DFK\[ -HGHU YRQ ,KQHQ KDWWH EHL VHLQHU LUUHJXOlUHQ +DQGOXQJ GLH $EK|UKDXEH DXI 9LHOOHLFKW KDW MHPDQG 6LH EHU )XQN K\SQRWLVLHUWXQG,KQHQ%HIHKOHHUWHLOW´
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
³=XPLUKDWQLHPDQGJHVSURFKHQ´VDJW0DQGDP*XUP ³'DVEHVDJWJDUQLFKWV´PHLQWH7KUHHJRJUEHOQG³:HQQPDQXQVK\SQRWLVLHUHQ NRQQWHGDQQNRQQWHPDQXQVXQWHU+\SQRVHDXFKEHIHKOHQQDFKGHPµ(UZDFKHQ¶DOOHV ]XYHUJHVVHQ´ ³'DQQ GUIWH HV EHVVHU VHLQ GDV $EK|UJHUlW QLFKW PHKU ]X EHQXW]HQ´ HUNOlUWH /DSKRRUH ³:LU ULVNLHUHQ QRFK HLQHQ 9HUVXFK´ HQWJHJQHWH $ONPXD ³0DQGDP 6LH EHUQHKPHQGDV6WHXHU/DSKRRUH6LHNRPPHQKLQWHUXQGVHW]HQVLFKGLH+DXEHDXI ,FKEOHLEHQHEHQ,KQHQXQGSDVVHJHQDXDXI´ (UZDUWHWHELV'XQMHZXPJHVWLHJHQZDUGDQQQDKPHULKPGLH:DIIHQDE ³(V ZLUG EHVVHU VHLQ ZHQQ LFK ,KUH :DIIHQ YHUZDKUH ZlKUHQG 6LH XQWHU GHU $EK|UKDXEHVLW]HQ´HUNOlUWHHUGD]X ³6ROOWHQZLUQLFKWOLHEHUODQGHQ"´IUDJWH*XUP ³1HLQ´HQWVFKLHG7KUHHJR³+DOWHQ6LHZHLWHU.XUV6GHQ¶ (U EHREDFKWHWH 'XQMHZ ZDFKVDP ZlKUHQG VLH QDFK 6GHQ IORJHQ 'RFK GHU 7URNNXHU YHUKLHOW VLFK Y|OOLJ QRUPDO $OV VLH ]ZHL 6WXQGHQ VSlWHU GLH 6GNVWH GHV .RQWLQHQWVHUUHLFKWHQEHIDKOGHU0DMRUGHQ*OHLWHU]XODQGHQ 'HU;W\OVHW]WHGDV)DKU]HXJLQHLQHP'QHQWDODXIXQGVDKVLFKQDFK'XQMHZ XP ³/DSKRRUHVFKHLQWMHGHQIDOOVQLFKWK\SQRWLVLHUWZRUGHQ]XVHLQ$ONPXD´ 7KUHHJR PDFKWH 'XQMHZ HLQ =HLFKHQ HU VROOH GLH $EK|UKDXEH DEQHKPHQ 'DQDFKIUDJWHHU ³,VWDOOHVLQ2UGQXQJ/DSKRRUH"´ ³$OOHV LQ 2UGQXQJ´ 'XQMHZV 6WLPPH NODQJ YHUZXQGHUW ³2GHU KDEH LFK PLFK XQJHZ|KQOLFKEHQRPPHQ"´ ³1HLQ´ DQWZRUWHWH 7KUHHJR ³$EHU GDV PDFKW GLH JDQ]H $QJHOHJHQKHLW QRFK UlWVHOKDIWHU´(UVDKVLFKXPXQGQLFNWHGDQQ³:LUZHUGHQKLHUEHUQDFKWHQ´ ³8QGPRUJHQIUKZHLWHUIOLHJHQ"´IUDJWH*XUP ³:HQQXQVQLFKWV%HVVHUHVHLQIlOOWMD´ 1DFKGHP VLH LKU /DJHU GXUFK HLQHQ HLQIDFKHQ (QHUJLH]DXQ JHJHQ 7LHUH DEJHVLFKHUW XQG HLQ NOHLQHV .RPSUHVVLRQV,JOX DXIJHVWHOOW KDWWHQ HUNOlUWH 0DMRU 7KUHHJRVHLQHQ*HIlKUWHQ HUZROOHVLFK]X)XLQGHU8PJHEXQJXPVFKDXHQ (U YHUULHW LKQHQ QLFKW GD HU KRIIWH 7DFK\[ ZUGH LKQHQ KHLPOLFK JHIROJW VHLQ XQGLQLKUHU1lKHDEZDUWHQ9LHOOHLFKWNRQQWHHUGHP5RERWHUNODUPDFKHQGDHVVLFK EHLGHP6FKXXPHLQH+DQGOXQJLQ)UHPGRGHU6HOEVWK\SQRVHJHKDQGHOWKDWWHXQG GDNHLQH:LHGHUKROXQJVJHIDKUEHVWDQGVRODQJHQLHPDQGGLH$EK|UKDXEHDXIVHW]WH 6LHEUDXFKWHQGHQ5RERWHUYRUDOOHPDEHUGDVLQLKPLQVWDOOLHUWH26*HUlW1DFK GHQ EHLGHQ XQJHNOlUWHQ =ZLVFKHQIlOOHQ ZlKUHQG GHV )OXJHV KLHOW $ONPXD 7KUHHJR HV IUZDKUVFKHLQOLFKGDVLFKDXI+HPDOV$QJHK|ULJHGHU2UJDQLVDWLRQEHIDQGHQ GLHIU GLH³&\VWRERUV0RUGH´YHUDQWZRUWOLFKZDUHQ (U NOHWWHUWH DXI HLQH +JHONXSSH XQG VSlKWH QDFK 1RUGHQ EHU GLH JUDVEHGHFNWHQ'QHQZlOOHXQGOLFKWHQ:lOGHU'RFKYRQ7DFK\[ZDUQLFKWV]XVHKHQ 7KUHHJRKLHOWGLH+lQGHWULFKWHUI|UPLJDQGHQ0XQGXQGULHI ³7DFK\[ ZHQQ GX PLFK K|UVW GDQQ DQWZRUWH ,FK ELQ XQEHZDIIQHW 'HU 6FKX ZDUHLQ0LYHUVWlQGQLV´ $EHUGHU5RERWHUDQWZRUWHWHQLFKW
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
7KUHHJR ZDQGWH VLFK XP XQG EOLFNWH ]X GHP VFKPDOHQ 6DQGVWUHLIHQ KLQDE GHU 0HHUXQG'QHQWUHQQWH'LH:RJHQUROOWHQODQJXQGIODFKYRQGUDXHQKHUHLQNURFKHQ UDXVFKHQGEHUGHQ6WUDQGXQG]RJHQVLFKJXUJHOQGZLHGHU]XUFN 8QGQLUJHQGVHLQ0HQVFK .DXP KDWWH HU GDV JHGDFKW HQWGHFNWH HU GHQ 6FKZLPPHU $QIDQJV VDK HU QXU GHQPHQVFKHQlKQOLFKHQVFKZDU]EHKDDUWHQ.RSIXQG]ZHLEUDXQH$UPHGDQQULFKWHWH GHU 6FKZLPPHU VLFK DXI XQG ZDWHWH DQ /DQG (U WUXJ HLQHQ /HQGHQVFKXU] ZDU HWZD 0HWHUJURXQGlXHUOLFKDEVROXWKXPDQRLG 0DMRU 7KUHHJR EHZHJWH VLFK QLFKW VRQGHUQ VWLH HLQHQ JHGlPSIWHQ 5XI DXV (LQJHERUHQHYRQ3ULPLWLYZHOWHQGLHQRFKQLH.RQWDNW PLW5DXPIDKUHUQJHKDEWKDWWHQ UHDJLHUWHQ EHL GHU $QQlKHUXQJ )UHPGHU PHLVW IHLQGVHOLJ (QWZHGHU JULIIHQ VLH DQ RGHU IORKHQ%OLHEPDQDEHUVWHKHQKDWWHQVLH=HLWGHQHUVWHQ6FKUHFN]XEHUZLQGHQXQG HUVW]XGHQNHQEHYRUVLHKDQGHOWHQ 'HU (LQJHERUHQH YRQ +HPDOV EOLFNWH QDFK REHQ HQWGHFNWH 7KUHHJR XQG JULII VRIRUWDQ'DHUMHGRFKHUVWGHQ'QHQKDQJEHUZLQGHQPXWHXQGDXIHLQHP.DPP HWZD]ZDQ]LJ0HWHUELV]XU+JHONXSSH]XUFN]XOHJHQKDWWHNRQQWH7KUHHJRVLFKVHLQ 9HUKDOWHQLQ5XKHEHUOHJHQ 'HU0DMRUOLHVHLQH:DIIHQLP+DOIWHUVWHFNHQ(UZROOWHGHQ3DUDO\VDWRUQXULP lXHUVWHQ 1RWIDOO EHQXW]HQ 'D GHU (LQJHERUHQH XQEHZDIIQHW ZDU VWHOOWH HU IU HLQHQ IUGHQ1DKNDPSIWUDLQLHUWHQ8626SH]LDOLVWHQNHLQHQJHIlKUOLFKHQ*HJQHUGDU $EHU ZHQLJH 0HWHU YRU 7KUHHJR ERJ GHU (LQJHERUHQH QDFK OLQNV DE 'HU 862 6SH]LDOLVWPXUPHOWHHLQH9HUZQVFKXQJXQGHLOWHKLQWHUKHU(UZROOWHGHQ0DQQQLFKW HQWNRPPHQODVVHQ9LHOOHLFKWZXWHHUHWZDVEHUGLH0RUG2UJDQLVDWLRQ 'HU(LQJHERUHQHOLHIVFKQHOOHUXQGVFKOXJ+DNHQ7KUHHJRZDUJXWWUDLQLHUWGRFK QDFK ]HKQ 0LQXWHQ YHUPRFKWH HU GDV 7HPSR QLFKW PHKU PLW]XKDOWHQ $OV GHU (LQJHERUHQHQDFKOLQNVDEERJPRELOLVLHUWH$ONPXDQRFKHLQPDODOOH.UDIWUHVHUYHQ 3O|W]OLFKO|VWHVLFKGHU)OLHKHQGHLQ1LFKWVDXI²XQGLPJOHLFKHQ0RPHQWZXUGH HV7KUHHJRNODUGDGHU0DQQNHLQH6SXUHQLP6DQGKLQWHUODVVHQKDWWH'RFKGDZDU HV]XVSlW 0DMRU $ONPXD 7KUHHJR ZXUGH YRQ VHLQHP 6FKZXQJ EHU GHQ .OLSSHQUDQG JHWUDJHQ ,P )DOOHQ GUHKWH HU VLFK XQG VDK WLHI XQWHU VLFK VFKZDU]H YRU )HXFKWLJNHLW JOlQ]HQGH)HOVEURFNHQ]ZLVFKHQGHQHQGLH%UDQGXQJVFKlXPWH
$OVGDV6FKLIIPLWGHUHUVWHQ/LQHDUHWDSSH EHJDQQ OHKQWH5RQDOG7HNHQHUVLFK EHTXHPLP.RQWXUVHVVHO]XUFN ³,FKVFKlW]HGDZLUGLHVPDOHWZDVPHKUEHUGLHP\VWHUL|VH0RUG2UJDQLVDWLRQ KHUDXVEHNRPPHQ´VDJWHHU³:DVPHLQVWGXGD]X.HQ"´ 'DV *HKLUQ LQ VHLQHU 9ROOSURWKHVH DQWZRUWHWH QLFKW VRIRUW (V GDFKWH QDFK $OV GHU.RVPRNULPLQDOLVWGDQQVSUDFK]HXJWHVHLQH6WLPPHYRQ5HVLJQDWLRQ ³(LQHV 7DJHV ZHUGHQ ZLU JDQ] VLFKHU DOOHV EHU GLH 0RUG2UJDQLVDWLRQ KHUDXVEHNRPPHQ´ PHLQWH HU ³$EHU ZLU ZHUGHQ QLHPDOV YHUKLQGHUQ N|QQHQ GD VLFK LPPHU ZLHGHU QHXH 9HUEUHFKHU2UJDQLVDWLRQHQ ELOGHQ $OV GLH &RQGRV 9DVDF ]HUVFKODJHQ ZDU GDFKWH LFK ZLU N|QQWHQ XQV HLQLJH =HLW ODQJ GHU YRUEHXJHQGHQ 9HUEUHFKHQVEHNlPSIXQJ ZLGPHQ 6WDWW GHVVHQ KDEHQ ZLU HV PLW HLQHU QHXHQ
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
ZHOWYHU]ZHLJWHQ2UJDQLVDWLRQ]XWXQ´ 7HNHQHU ]XFNWH GLH 6FKXOWHUQ $XI .HQQRQV :RUWH KlWWH VLFK VHKU YLHO VDJHQ ODVVHQ DEHU QLFKWV ZDV LUJHQGZLH EHIULHGLJHQ N|QQWH 'HVKDOE VDJWH 7HNHQHU JDU QLFKWV GDUDXI (U YHUZDQGHOWH GXUFK HLQHQ .QRSIGUXFN GHQ .RQWXUVHVVHO LQ HLQH EHTXHPH/LHJHXQGVFKORGLH$XJHQ 1DFKGHUHUVWHQ/LQHDUHWDSSHZUGHQVLHEHLHLQHP6FKLIIKHUDXVNRPPHQGDV ]XU )XQNUHODLVNHWWH ]ZLVFKHQ GHP &\VWRERUV6\VWHP XQG 4XLQWR&HQWHU JHK|UWH 9RQ GRUWNRQQWHQVLHHLQHGLUHNWH+\SHUNRP9HUELQGXQJPLW$WODQKHUVWHOOHQXQGVLFKEHU GHQQHXHVWHQ6WDQGGHU(UPLWWOXQJHQDXI+HPDOVLQIRUPLHUHQ 'DQDFK ZUGHQ VLH LQ ]ZHL ZHLWHUHQ /LQHDUHWDSSHQ ]XP &\VWRERUV6\VWHP ZHLWHUIOLHJHQ 6R ZDKU 7DHIGX LP 6FKDFKWHOFKHQ YHUZDKUW LVW GDFKWH 7HNHQHU LURQLVFK XQG OlFKHOWHZlKUHQGHUHQGJOWLJLQGHQ6FKODIKLQEHUJOLWW (U HUZDFKWH DOV GHU HOHNWURQLVFKH *RQJ GHQ EHYRUVWHKHQGHQ 5FNVWXU] LQ GHQ 1RUPDOUDXPDQNQGLJWH ³'DVQHQQHLFKGLHULFKWLJH/HEHQVDUW´VS|WWHOWH.HQQRQ³:lKUHQGLFKPLUGHQ .RSIEHUGLH&\VWRERUV0RUGH]HUEUHFKHVFKQDUFKWPHLQZHUWHU3DUWQHUGHUDUWLJGD GLH6SHLFKHUNULVWDOOHGHU+DXSWSRVLWURQLNNOLUUHQ´ 5RQDOG7HNHQHUJULQVWHIOFKWLJ ³9LHOOHLFKW ZDUHQ HV GLH =HOONHUQH GHLQHU *URKLUQULQGH GLH JHNOLUUW KDEHQ µ9HWWHU¶´(UZXUGHZLHGHUHUQVW³+DVWGXHLQHJXWH,GHH"´ ³1HLQ´ 7HNHQHUQLFNWH ³'DQQZDUHQHVGLH=HOONHUQH6LHVLQGYHUWURFNQHW.HQ´ 'LH+DXSWSRVLWURQLNPHOGHWHGDHVELV]XU5FNNHKULQGHQ1RUPDOUDXPQRFK GUHLLJ 6HNXQGHQ ZDUHQ %HLGH 0lQQHU VFKZLHJHQ ELV GLH VHOWVDPHQ /HXFKWHUVFKHLQXQJHQ GHV =ZLVFKHQUDXPV GHP 6WHUQHQPHHU GHU *DOD[LV ZLFKHQ 'LH DXWRPDWLVFKH2UWXQJVHW]WHHLQXQGPHOGHWHZHQLJVSlWHUHLQNXJHOI|UPLJHV2EMHNWLQ QXUIQI]HKQ/LFKWVHNXQGHQ(QWIHUQXQJ 7HNHQHU VWHOOWH GHQ +\SHUNRP.RQWDNW PLW GHP .RPPDQGDQWHQ GHV 5HODLVVFKLIIHVKHUXQGLGHQWLIL]LHUWHVLFK'DQDFKMXVWLHUWHHUGHQ5LFKWVWUDKOJHQDXDXI GDV6FKLIIXQGOLHGHQ+\SHUNRPGHU%877(5)/<GLH6\PEROJUXSSHDEVWUDKOHQGLH PDQZLVVHQPXWHZHQQPDQHLQ%OLW]JHVSUlFKPLWGHP&KHIGHU862IKUHQZROOWH )QI 6HNXQGHQ VSlWHU ELOGHWH VLFK $WODQV *HVLFKW LP 7ULYLGHRNXEXV DE 'HU /RUGDGPLUDOZLUNWHHUQVW(UQLFNWHGHQEHLGHQ6SH]LDOLVWHQ]XXQGVDJWH ³,FK KDEH HLQH VFKOHFKWH 1DFKULFKW IU 6LH 'LH GUHL DXI +HPDOV JHODQGHWHQ 6SH]LDOLVWHQ PHOGHQ VLFK QLFKW PHKU 6LH KlWWHQ YHUHLQEDUXQJVJHPl YRU VLHEHQ 6WXQGHQ HLQH +\SHUNRPPHOGXQJ DEVHW]HQ PVVHQ $OV GHU 7HUPLQ XP HLQH 6WXQGH EHU]RJHQZDUYHUVXFKWHQZLUHVXQVHUHUVHLWV²RKQH(UIROJ´ ³,FKYHUVWHKH/RUGDGPLUDO´HUZLGHUWH7HNHQHUPLWEHOHJWHU6WLPPH³:LUZHUGHQ PLW+|FKVWJHVFKZLQGLJNHLWQDFK+HPDOVZHLWHUIOLHJHQ+RIIHQWOLFKNRPPHQZLUQLFKW]X VSlW´ ³,FK ZHUGH LQ HWZD ]HKQ 6WXQGHQ PLW YLHU ,03(5$725 QDFK +HPDOV VWDUWHQ´ HUNOlUWH GHU $UNRQLGH ³'DV &\VWRERUV6\VWHP GDUI QLFKW QRFK PHKU 2SIHU IRUGHUQ 1RWIDOOVODVVHLFKHVOFNHQORVDEULHJHOQ'DQQZLUGVLFKVFKRQKHUDXVVWHOOHQZHUGRUW XQJHVW|UWEOHLEHQZLOO´
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
³,FK GHQNH HLQH VROFKH 0DQDKPH ZLUG QLFKW QRWZHQGLJ VHLQ´ VDJWH 7HNHQHU ³.HQXQGLFKZHUGHQGHQ)DOOO|VHQhEULJHQVODVVHLFKGLH(9$,,QDFKNRPPHQ´ ³+DOWHQ 6LH HV QLFKW IU YHUIUKW EHLP GHU]HLWLJHQ 6WDQG GHU 'LQJH VFKRQ GLH $EWHLOXQJ(9$GHU&9&HLQ]XVHW]HQ"´HUNXQGLJWHVLFK$WODQ 'HU8626SH]LDOLVWVFKWWHOWHOHLFKWGHQ.RSI ³1HLQ (QWZHGHU LVW GHU )DOO VFKRQ JHO|VW ZHQQ GLH (9$ ,, EHU +HPDOV HUVFKHLQW RGHU LKU (UVFKHLQHQ YHUDQODW GLH 9HUEUHFKHU ]X EHUVWU]WHP +DQGHOQ ZRGXUFKZLUVLHKRIIHQWOLFKIDVVHQN|QQHQ´ ³2SWLPLVW´PHLQWH.HQQRQDEIlOOLJ 'HU$UNRQLGHZ|OEWHGLH%UDXHQ ³:DVLVWPLWLKP"´ ³(UYHU]ZHLIHOWDQGHU0HQVFKKHLW(KUOLFKJHVDJWPLUJHKWHVlKQOLFK´ ³:RKHU ZROOHQ 6LH ZLVVHQ GD GLH 'UDKW]LHKHU GHU 0RUGH 0HQVFKHQ VLQG 7HNHQHU"´ ³:HLO VLH ZLH 0HQVFKHQ YRUJHKHQ´ HUNOlUWH 7HNHQHU ELWWHU (U KROWH WLHI /XIW ³*HVWDWWHQ6LHGDLFKXQVHU*HVSUlFKEHHQGH/RUGDGPLUDO:LUVROOWHQVRVFKQHOOZLH P|JOLFKZHLWHUIOLHJHQ´ ³6HOEVWYHUVWlQGOLFK)KUHQ6LHHLQ26*HUlWPLW"´ ³-D HLQH 0LQLDWXU$XVIKUXQJ +DJEXU 5DL]6HODVH KDWWH VHLQH 3ULYDW5DXPMDFKWHQPLWDOOHQWHFKQLVFKHQ5DIILQHVVHQDXVUVWHQODVVHQ´ ³3ULYDWSHUVRQHQ LVW GHU %HVLW] RGHU GLH %HQXW]XQJ YRQ 26*HUlWHQ YHUERWHQ´ HUNOlUWH GHU /RUGDGPLUDO WURFNHQ ³$EHU GLH *HVHW]H GHV 6RODUHQ ,PSHULXPV VFKHLQHQ YRQHLQLJHQ/HXWHQQLFKWHUQVWJHQRPPHQ]XZHUGHQ´ ³%LVVSlWHU´VDJWH5RQDOG7HNHQHUXQGXQWHUEUDFKGLH9HUELQGXQJ ³'DV ZDU VHKU EUVN 7HN´ EHPHUNWH .HQQRQ ZlKUHQG HU GLH QlFKVWH /LQHDUHWDSSHSURJUDPPLHUWH ³:LH NDQQ VLFK GHU /RUGDGPLUDO GDUEHU DXIUHJHQ GD +DJEXU VLFK EHU HLQ *HVHW] KLQZHJVHW]WH ZlKUHQG DXI +HPDOV GUHL 6SH]LDOLVWHQ LQ JU|WHU *HIDKU VFKZHEHQ´ ³6LH VFKZHEHQ GHVKDOE LQ *HIDKU´ DQWZRUWHWH GHU +DOEURERWHU HUQVW ³ZHLO MHPDQGVLFKEHU*HVHW]HKLQZHJVHW]W´ 7HNHQHU SUHWH GLH /LSSHQ ]XVDPPHQ XQG VFKDOWHWH GLH ,PSXOVWULHEZHUNH GHU 5DXPMDFKW KRFK =HKQ¶ 0LQXWHQ VSlWHU EDXWH GHU .DOXSVFKH .RPSHQVDWLRQVNRQYHUWHU HLQ 6WUXNWXUIHOG XP GLH %877(5)/< DXI GDV VLH ]XP HQHUJHWLVFKHQ %HVWDQGWHLO GHU =ZLVFKHQUDXP]RQHPDFKWH 8QG UXQG HOI 6WXQGHQ GDQDFK ILHO GDV 6FKLII LQQHUKDOE GHV &\VWRERUV6\VWHPV LQV YLHUGLPHQVLRQDOH 5DXP=HLW.RQWLQXXP ]XUFN :HQLJH /LFKWPLQXWHQ YRUDXV OHXFKWHWHVWUDKOHQGEODXGLH6LFKHOGHV3ODQHWHQ+HPDOV ³6RVFK|QXQGVRYHUGRUEHQ´PXUPHOWH6LQFODLU0DURXW.HQQRQ ³)DOOVGXGLHVHQ$XVVSUXFKIUZLW]LJKlOWVW´EUDXVWH7HNHQHUDXI³ZLUGGDVGHU OHW]WH(LQVDW]VHLQGHQZLUJHPHLQVDPGXUFKIKUHQ´ .HQQRQEOLFNWHGHQ)UHXQGSUIHQGDQ ³'X PHLQVW HV HUQVW ,FK DEHU DXFK 'HU .RQWUDVW ]ZLVFKHQ GHU 6FK|QKHLW GHU 1DWXU XQG GHU 6FKOHFKWLJNHLW GHU 0HQVFKHQ GDUI QLHPDOV ]X 9HUDOOJHPHLQHUXQJHQ IKUHQ$XHUGHPJHK|UWGHU0HQVFKHEHQIDOOV]XU1DWXU²XQGLQGLHVHP6LQQHKDEH LFKPLUHUODXEWGHQ3ODQHWHQGRUWXQGGLHGDUDXIYHUPXWHWHQ9HUEUHFKHUDOV(LQKHLW]X
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
EHWUDFKWHQ´ ³6FKRQJXW.HQ(QWVFKXOGLJHZHQQLFKHWZDVJHUHL]WELQ´ 5RQDOG 7HNHQHU DNWLYLHUWH GHQ +\SHUNRP XQG VDQGWH HLQH ,PSXOVIROJH DXV GLH QXU 8626SH]LDOLVWHQ EHNDQQW ZDU 6LH DNWLYLHUWH ZHQQ VLFK HLQ EHOLHELJHV 862 5DXPVFKLII LQQHUKDOE GHU 5HLFKZHLWH EHIDQG HLQH 6RQGHUVFKDOWXQJ GHV EHWUHIIHQGHQ %RUG+\SHUNRPV )U GLH 'DXHU YRQ ]HKQ 6HNXQGHQ ZXUGHQ GDQQ 3HLOLPSXOVH DEJHVWUDKOW PLW GHUHQ +LOIH GDV 6FKLII VFKQHOO JHIXQGHQ ZHUGHQ NRQQWH (V KDQGHOWH VLFK KLHUEHL XP HLQHQ ]XVlW]OLFKHQ 6LFKHUKHLWVIDNWRU IU GHQ )DOO GD GLH %HVDW]XQJ HLQHV8626FKLIIHVNHLQH$QUXIHEHDQWZRUWHQNRQQWH:DUVLHMHGRFKKDQGOXQJVIlKLJ PXWH GHU GLHQVWWXHQGH )XQNWHFKQLNHU DOOH GUHLLJ 0LQXWHQ DXI HLQH DXWRPDWLVFK DXIOHXFKWHQGH 6FKDOWSODWWH GUFNHQ ZRGXUFK GLH 6RQGHUVFKDOWXQJ IU ZHLWHUH GUHLLJ 0LQXWHQEORFNLHUWZXUGH 7HNHQHUV0LHQHYHUILQVWHUWHVLFKQRFKVWlUNHUDOVGLH3HLOLPSXOVHGHU6SDFH-HW HLQJLQJHQXQGGHU$XWRPDWSHLOHUGHU-DFKW]XDUEHLWHQEHJDQQ ³:DV KDWWHVW GX HUZDUWHW"´ IUDJWH .HQQRQ lUJHUOLFK ³'D VLH LKUH YRUVFKULIWVPlLJH0HOGXQJDXVJHODVVHQKDEHQPXWHQZLUGDPLWUHFKQHQVLHQLFKWLP 6FKLII DQ]XWUHIIHQ :HQLJVWHQV H[LVWLHUW GLH 6SDFH-HW QRFK 'DV OlW PLFK KRIIHQ ,FK VFKODJHYRUZLUXPNUHLVHQGHQ3ODQHWHQPHKUPDOV)DOOVZLUQLFKWVYRQGHQ9HUPLWHQ HQWGHNNHQODQGHQZLUQHEHQGHU6SDFH-HWXQGVHW]HQGDVLOOHJDOH26*HUlWHLQ´ ³(LQYHUVWDQGHQ´HUZLGHUWH7HNHQHU (U VWHXHUWH GLH 5DXPMDFKW LQ HLQHQ 2UELW XP +HPDOV $OV VLH GHQ 6WDQGRUW GHU 6SDFH-HW EHUIORJHQ VFKDOWHWH HU GDV VWDUNH )HOGWHOHVNRS HLQ $XI HLQHP 6FKLUP HUVFKLHQ GDV $EELOG GHV 'LVNXVVFKLIIHV XQG VHLQHU 8PJHEXQJ ZLH DXV QXU KXQGHUW 0HWHUQ(QWIHUQXQJPLWEORHP$XJHJHVHKHQ ³(V VFKHLQW RUGQXQJVJHPl YHUVFKORVVHQ ]X VHLQ´ PXUPHOWH .HQQRQ ³'DV .RPSUHVVLRQV,JOX PX GHP HUPRUGHWHQ 3URVSHNWRU JHK|UW KDEHQ XQG GRUW VWHKHQ VHLQH0DVFKLQHQ´ ³,FK NDQQ GHXWOLFK GLH 6SXUHQ HUNHQQHQ GLH GHU 81,52% ,9 GHU 9HUPLWHQ KLQWHUODVVHQ KDW´ EHPHUNWH 7HNHQHU (U EHREDFKWHWH GDEHL VHLQHQ )UHXQG 'RFK GDV *HKLUQLQGHU9ROOSURWKHVHUHDJLHUWHQLFKWDXIGLH(UZlKQXQJHLQHV5RERWHUVREZRKOHV IUKHULQlKQOLFKHQ)lOOHQ+\VWHULHJH]HLJWKDWWH 5RQDOG 7HNHQHU DWPHWH YHUVWRKOHQ DXI 9LHOOHLFKW KDWWH VLFK .HQQRQV 3V\FKH HQGOLFK VWDELOLVLHUW (V ZDU JXW GDV ]X ZLVVHQ GHQQ DXI +HPDOV WUDIHQ VLH P|JOLFKHUZHLVHPLWGHP6SH]LDOURERWHUGHUGUHL9HUPLWHQ]XVDPPHQ %HLGHUVHFKVWHQ8PNUHLVXQJVDJWH.HQQRQ ³(V LVW DQVFKHLQHQG ]ZHFNORV 7HN /DQGHQ ZLU QHEHQ GHU 6SDFH-HW XQG YHUVXFKHQ ZLU PLW +LOIH GHV 26*HUlWHV KHUDXV]XILQGHQ LQ ZHOFKH SODQHWDUH +LPPHOVULFKWXQJ VLFK GLH 0lQQHU JHZDQGW KDEHQ 'LH IQIGLPHQVLRQDOH 6WUDKOXQJ GHU +RZDOJRQLXP/DJHUVWlWWHQPDFKWHLQH2UWXQJYRQGUHL0lQQHUQVRJXWZLHXQP|JOLFK´ ³6LHZHUGHQHLQHQ*OHLWHUEHQXW]HQ´ ³:DKUVFKHLQOLFK$EHUYLHOOHLFKWH[LVWLHUWGHU*OHLWHUQLFKWPHKU7HN´ 7HNHQHU QLFNWH XQG lQGHUWH GHQ .XUV GHU 5DXPMDFKW /DQJVDP WDXFKWH GDV NHJHOI|UPLJH6FKLIILQGLH$WPRVSKlUHHLQ(LQH'UHLYLHUWHOVWXQGHVSlWHUYHUKDUUWHHVLQ ZHQLJHQ =HQWLPHWHUQ +|KH EHU GHU 2EHUIOlFKH HLQHV NOHLQHQ 6HHV XQJHIlKU HLQHQ .LORPHWHUYRQGHU6SDFH-HWXQGGHP.RPSUHVVLRQV,JOXGHV3URVSHNWRUVHQWIHUQW 6LQFODLU 0DURXW .HQQRQ YHU]RJ GDV %LRPROSODVW*HVLFKW VHLQHU 9ROOSURWKHVH ]X
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
HLQHPVFKZDFKHQ/lFKHOQ ³:LUN|QQHQDXVVWHLJHQ7HN,FKKDEHGLH9HUWHLGLJXQJVVFKDOWXQJGHU6SDFH-HW GXUFKHLQHQ.RGHLPSXOVGHVDNWLYLHUW´ 5RQDOG7HNHQHU|IIQHWHGLH$QVFKQDOOJXUWHXQGHUKREVLFK ³'DQQZROOHQZLUNHLQH=HLWYHUOLHUHQ.HQ:HQQGLH9HUWHLGLJXQJVVFKDOWXQJGHU 6SDFH-HWDNWLYLHUWZDUKDEHQXQVHUH.ROOHJHQVHKUXPVLFKWLJJHKDQGHOW'DVYHUVWlUNW PHLQH+RIIQXQJVLHOHEHQGDXI]XVSUHQ´ (U EHUSUIWH GLH YHUVFKLHGHQHQ 6\VWHPH VHLQHV .DPSIDQ]XJHV GDQQ PHLQWH HU ³,FKVFKODJHYRUZLUIOLHJHQPLWHLQHP*OHLWHUKLQEHUXQGVHKHQXQVXP6REDOG ZLU HLQH 6SXU GHU 9HUPLWHQ JHIXQGHQ KDEHQ GHSRQLHUHQ ZLU 7DHIGXV -DFKW IHUQVWHXHUWHFKQLVFKDXIGHP*UXQGGHV6HHVXQGQHKPHQGLH9HUIROJXQJDXI´ ³(LQYHUVWDQGHQ´ HUZLGHUWH .HQQRQ ³,FK KROH QXU GDV 26*HUlW XQG NRPPH GDQQHEHQIDOOVLQGHQ*OHLWKDQJDU´ :HQLJH 0LQXWHQ VSlWHU YHUOLHHQ GLH EHLGHQ 8626SH]LDOLVWHQ GLH LQ HLQHP IQIGLPHQVLRQDOHQ .UDIWIHOG EHU GHP 6HH ³KlQJHQGH´ 5DXPMDFKW XQG IORJHQ ]XU 6SDFH-HWKLQEHU .HQQRQ VFKRE GHQ 7UDQVSRUWEHKlOWHU PLW GHU /HLFKH GHV 3URVSHNWRUV LQV .KOIDFK]XUFN ³6FKHXOLFK´ VDJWH HU ³:HU NDQQ QXU HLQHQ KDUPORVHQ DOWHQ 0DQQ DXI GLHVH DEVFKHXOLFKH:HLVHXPEULQJHQ"´ 7HNHQHUVWXGLHUWHGHQ2EGXNWLRQVEHULFKW ³=ZHLIHOORV LVW GHU 0|UGHU PLW JURHU %UXWDOLWlW YRUJHJDQJHQ .HQ DEHU 0U &UDWKRVGUIWHIUGLH9HUEUHFKHUNHLQHVZHJVKDUPORVJHZHVHQVHLQVRQVWKlWWHQVLH LKQQLFKWXPJHEUDFKW´ ³&UDWKRV PX DXI HWZDV JHVWRHQ VHLQ GDV ]XU (QWODUYXQJ GHU &\VWRERUV 0|UGHUKlWWHIKUHQN|QQHQ´ ³2GHUHUZDUGHQ9HUEUHFKHUQHLQIDFKQXULP:HJH´ 'LH)UHXQGHYHUOLHHQGHQ.KOUDXPXQGEHJDEHQVLFKLQGLH6WHXHUNDQ]HOGHU 6SDFH-HW'RUWVFKDOWHWH.HQQRQGDVHOHNWURQLVFKH/RJEXFKHLQ 'LH 6WLPPH YRQ 6SH]LDOLVW0DMRU $ONPXD 7KUHHJR EHULFKWHWH NQDSS EHU GLH (UPLWWOXQJHQ XQG VDJWH DEVFKOLHHQG GLH *UXSSH ZUGH LQ 5LFKWXQJ 6GHQ DXIEUHFKHQ GD GDV 26*HUlW LKUHV 6SH]LDOURERWHUV IHVWJHVWHOOW KlWWH GD GHU 0|UGHU QDFK6GHQJHIORKHQVHL ³+P´ PDFKWH 7HNHQHU ³'DV N|QQWH QDWUOLFK EHZXWH ,UUHIKUXQJ VHLQ² YRUDXVJHVHW]W GHU 0|UGHU ZHL GD GLH 862 HLQ *HUlW EHVLW]W GDV GLH 6SXUHQ YHUJDQJHQHU(UHLJQLVVHDXI]HLFKQHW´ ³$EHUGDZLUHUVWHLQPDOGLHGUHL9HUPLWHQXQGHUVWGDQDFKGHQ0|UGHUILQGHQ ZROOHQ´PHLQWH.HQQRQ³ZHUGHQZLUXQVHEHQIDOOVQDFK6GHQZHQGHQ´ (UVFKDOWHWHGDV/RJEXFKDXI(PSIDQJXQGVSUDFKHLQHQNXU]HQ%HULFKWGHPHU KLQ]XIJWH GD VLH².DQJRV 5DL]6HODVH XQG VHLQ 9HWWHU 'DPDUNXV 6HOH\W²VLFK DXI GLH 6SXU GHU GUHL 8626SH]LDOLVWHQ VHW]HQ ZROOWHQ XP HQGJOWLJ ]X NOlUHQ GD GLH
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
&9&LKU+RWHOSURMHNWDXI+HPDOVGXUFKIKUHQN|QQHZDQQLPPHUVLHZROOH ³6R´ HUNOlUWH HU DEVFKOLHHQG QDFKGHP GDV /RJEXFK GHVDNWLYLHUW ZDU ³GDPLW GHPRQVWULHUHQZLUGHU*HJHQVHLWHQRFKHLQPDOGLH(QWVFKORVVHQKHLWGHV+DJEXU(UEHQ XQG KLQWHUODVVHQ GHP /RUGDGPLUDO JOHLFK]HLWLJ HLQHQ +LQZHLV GDUDXI ZR HU XQV² QRWIDOOV²VXFKHQODVVHQPX´ ³'XVLHKVWDEHUGLHVPDO]LHPOLFKVFKZDU]´VDJWH7HNHQHU 'HU.RVPRNULPLQDOLVWOlFKHOWHGVWHU ³'DVJHKWPLULPPHUVRZHQQLFKLQHLQHILQVWHUH+|KOHJHKHQVROOLQGLH]ZDU YLHOH 6SXUHQ KLQHLQIKUHQ DEHU NHLQH KHUDXV²:UGHVW GX ELWWH¶XQVHUH -DFKW YHUVHQNHQ"´ 5RQDOG7HNHQHUZLQNHOWHGHQ$UPDQXQGVFKDOWHWHDQGHPEUHLWHQ.RPPDQGR $UPEDQG PLW GHP :DSSHQ GHV 5DL]6HODVH.ODQV 'DEHL EOLFNWH HU GXUFK GLH WUDQVSDUHQWH 6WHXHUNDQ]HO GHU 6SDFH-HW KLQEHU ]XP 6HH 'LH 5DXPMDFKW VDQN SO|W]OLFKQDFKXQWHQXQGWDXFKWHODQJVDPXQWHU%DOGKDWWHVLFKGLH:DVVHUREHUIOlFKH ZLHGHUEHUXKLJW )QI 0LQXWHQ VSlWHU VWDUWHWH .HQQRQ GHQ VFKDOHQI|UPLJHQ *OHLWHU XQGVWHXHUWH LKQDXI6GNXUV'DQDFKDNWLYLHUWHHUGHQ$XWRSLORWHQXQGOHKQWHVLFK]XUFN 5RQDOG 7HNHQHU ZXWH GD VHLQ )UHXQG XQG 3DUWQHU GLH 6XFKJHUlWH VHLQHU 9ROOSURWKHVH HLQVHW]WH XP DOOH HYHQWXHOO YRUKDQGHQHQ 6SXUHQ ]X VLFKHUQ 'HVKDOE VFKDOWHWH HU VFKZHLJHQG GDV NOHLQH 26*HUlW DQ XQG ULFKWHWH GHQ 6SUNQRSI VFKUlJ QDFK XQWHQ ,Q GHU $WPRVSKlUH KLHOWHQ VLFK GLH HQHUJHWLVFKHQ 6SXUHQ YHUJDQJHQHU (UHLJQLVVHQLHPDOVODQJHDEHUIDOOVGLH*HVXFKWHQLUJHQGZDQQHLQPDOJHODQGHWZDUHQ ZUGHQ GLH HQWVSUHFKHQGHQ (LQGUFNH DXI GHU ,QIUDURWEDVLV XQG DQGHUHQ %HUHLFKHQ VLFKWEDUJHPDFKWZHUGHQ 'RFK6WXQGHXP6WXQGHYHUVWULFKRKQHGDGHU2EMHNW6SlW]HLFKQHUQHEHQGHQ ]DKOORVHQ (UHLJQLVVHQ GHU 9HUJDQJHQKHLW HLQH 6SXU GHV 0|UGHUV RGHU GHU GUHL YHUPLWHQ8626SH]LDOLVWHQJHIXQGHQKlWWH$OOHVZDV7HNHQHUDXIGHQ=HLWOLQLHQGHV 0|UGHUV XQG GHU 9HUPLWHQ VDK ZDUHQ *HVFKHKQLVVH GHU 7LHU XQG 3IODQ]HQZHOW GHV 3ODQHWHQVRZLHPHWHRURORJLVFKH(UHLJQLVVH $PVSlWHQ1DFKPLWWDJDEHUIRUPWHVLFKKLQWHUGHU%LOGVFKHLEHPLWHLQHPPDOGLH IOLPPHUQGH 6SlW]HLFKQXQJ HLQHV 862)OXJJOHLWHUV GHU LQ HLQHP =HLWEHUHLFK YRQ VHFKVHLQYLHUWHO 6WXQGHQ LQ HLQHP 'QHQWDO DQ GHU 6GNVWH GHV .RQWLQHQWV YHUZHLOW KDWWH 7HNHQHU XQWHUULFKWHWH VHLQHQ 3DUWQHU XQG EDW LKQ REHUKDOE GHV EHWUHIIHQGHQ 7DOHV ]X ODQGHQ 'RFK EHUHLWV ZlKUHQG GHV /DQGHDQIOXJHV UHJLVWULHUWH GDV 26*HUlW ]DKOUHLFKHYHUJDQJHQH$NWLYLWlWHQ ³'DV LVW VHOWVDP´ PHLQWH 5RQDOG 7HNHQHU ³'LH 6SlW]HLFKQXQJHQ GHU GUHL 9HUPLWHQ VLQG UHODWLY JXW DEHU GLH 0lQQHU OHJWHQ HLQ VHOWVDPHV 9HUKDOWHQ DQ GHQ 7DJ´ (U VFKDOWHWH DXI GLH =HLW NXU] QDFK GHU /DQGXQJ GHV 862*OHLWHUV ]XUFN $XI GHP %LOGVFKLUP HUVFKLHQ GLH YHUVFKZRPPHQH *HVWDOW HLQHV 0DQQHV LP 5lXPDQ]XJ 'HU0DQQVWLHJDXIGHQEHQDFKEDUWHQ+JHOXQGEOLFNWHODQGHLQZlUWV'DQQOHJWHHUGLH +lQGHDQGHQ0XQGXQGIRUPWHVLH]XHLQHP7ULFKWHU ³'HU0DQQKDWQDFKMHPDQGHPJHUXIHQ´PXUPHOWH.HQQRQ³9HUVXFKHELWWHHLQH $XI]HLFKQXQJDXVHLQHPDQGHUHQ%OLFNZLQNHOKHUDXV]XHUUHLFKHQ7HN´ 7HNHQHUYHUVXFKWHHVGRFKYHUJHEHQV'HVKDOEVWDUWHWHHUGHQ*OHLWHUXQGIORJ
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
ODQJVDP XP GHQ EHZXWHQ +JHO KHUXP ZlKUHQG GDV 26*HUlW DUEHLWHWH $OV HU GLH $XI]HLFKQXQJ DEVSLHOHQ OLH ZDU GDV *HVLFKW GHV YHUPLWHQ 6SH]LDOLVWHQ DOV KHOOHU RYDOHU)OHFN]XHUNHQQHQLQGHPVLFK]ZHLGXQNOH/LQLHQEHZHJWHQ ³(V LVW LPPHU QRFK ]X XQGHXWOLFK XP YRP µ0XQG¶ DE]XOHVHQ ZDV HU ULHI´ HUNOlUWH .HQQRQ ³$EHU PHKUPDOV HUNDQQWH LFK GDV :RUW µ7DFK\[¶´ (U YHU]RJ GDV *HVLFKW ]X HLQHU 0LHQH GHV $EVFKHXV ³0LW GLHVHP 1DPHQ EH]HLFKQHWH GLH *UXSSH 7KUHHJRLKUHQ6SH]LDOURERWHUYRP7\S81,%2%,92IIHQEDUYHUKLHOWGLHVHV0RQVWUXP VLFK LUUHJXOlU (LQHU GHU GUHL 9HUPLWHQ VWHOOWH VLFK DXI GHQ +JHO XQG YHUVXFKWH HV DQ]XORFNHQ:LHJLQJHVZHLWHU7HN"´ 7HNHQHUOLHGLH$XI]HLFKQXQJHQZHLWHULQ5LFKWXQJ*HJHQZDUWDEVSLHOHQ1LFKWV GHXWHWHGDUDXIKLQGD7DFK\[]XUFNJHNHKUWZDU6WDWWGHVVHQZDQGWHVLFKGHU0DQQ HLQLJH =HLW VSlWHU GHP 0HHUHVXIHU ]X (U VFKLHQ HWZDV ]X EHREDFKWHQ GDV LKQ EHXQUXKLJWH (LQLJH 0LQXWHQ ODQJ VWDQG HU UHJORV GDQQ ZDQGWH HU VLFK SO|W]OLFK XQG XQPRWLYLHUWQDFKOLQNV(VVDKDXVDOVYHUVXFKWHHUMHPDQGHQHLQ]XKROHQDEHUGLHVHU -HPDQGZDUQLFKWPLWGHP26*HUlW]XHUIDVVHQ ³'LHVHU 1DUU´ PXUPHOWH 7HNHQHU ³(U OlXIW JHQDX DXI GLH |VWOLFKHQ .OLSSHQ ]X 'D´ 'HU0DQQYHUVFKZDQGEHUGHP.OLSSHQUDQG²GRFKHLQLJH=HLWVSlWHUWDXFKWHHU ZLHGHU DXI 'HXWOLFK ]HLJWH GLH 6SlWDXI]HLFKQXQJ GD GDV )OXJDJJUHJDW VHLQHV 5DXPDQ]XJHVJHDUEHLWHWKDWWH 7HNHQHU XQG .HQQRQ EHREDFKWHWHQ ZLH HU ]XP /DQGHSODW] GHV 862*OHLWHUV ]XUFNNHKUWH 'LH $XI]HLFKQXQJ ]HLJWH QHEHQ GHP *OHLWHU HLQ NOHLQHV .RPSUHVVLRQV ,JOX XQG DXI GHQ +lQJHQ DNWLYLHUWH (QHUJLHSURMHNWRUHQ GLH RIIHQVLFKWOLFK ]XP $XIEDX HLQHVVFKZDFKHQ(QHUJLH]DXQHVJHGLHQWKDWWHQ 'HU 0DQQ KDQWLHUWH DQ GHP ,JOX KHUXP =XHUVW UlWVHOWHQ 7HNHQHU XQG .HQQRQ ZDVHUPLWGHP,JOXYRUKDWWHGDQQVDKHQVLHZLHGDV*HELOGHLQVLFK]XVDPPHQVDQN ³(UKDWGLH9HQWLOHJH|IIQHW´VWHOOWH.HQQRQIHVW³)ROJOLFKZROOWHQGLHGUHL0lQQHU ZLHGHUDXIEUHFKHQ$EHULFKVHKHGLHDQGHUHQEHLGHQQLFKW´ ³-HW]W ZHUGHQ VLH VLFKWEDU´ HUZLGHUWH 7HNHQHU WURFNHQ ³6LH NlPSIHQ VLFK XQWHU GHP ]XVDPPHQJHIDOOHQHQ ,JOX KHUYRU LQV )UHLH XQG JHVWLNXOLHUHQ KHIWLJ 6LH VFKHLQHQ IUGHQµ6FKHU]¶LKUHV.ROOHJHQNHLQ9HUVWlQGQLVDXI]XEULQJHQ´ ³,FK DXFK QLFKW RIIHQ JHVDJW´ EHPHUNWH .HQQRQ (U EHXJWH VLFK YRU ³:DV WXQ VLHGHQQGD"´ 5RQDOG 7HNHQHU NQLII GLH $XJHQ ]XVDPPHQ 9HUVWlQGQLVORV EHWUDFKWHWH HU ZLH GLH GUHL 6SH]LDOLVWHQ GLH (QHUJLH]DXQ3URMHNWRUHQ HLQVDPPHOWHQ XQG YHUVWDXWHQ XQG GDQDFK GDV VFKODIIH ,JOX DQ LKUHQ *OHLWHU EDQGHQ :HQLJH 0LQXWHQ VSlWHU KRE GHU *OHLWHU DE VFKZHEWH PLW IODWWHUQGHU ,JOXKDXW DXV GHP 7DO²XQG ZXUGH XQVLFKWEDU GD VLFKZHLWHUREHQNHLQH5HVWVSXUHQJHKDOWHQKDWWHQ ³(V VFKHLQW IHVW]XVWHKHQ´ VDJWH 7HNHQHU PLW HLQHU 6SXU ,URQLH ³GD VLFK QLFKW QXU GDV µ0RQVWUXP¶ 7DFK\[ VRQGHUQ GD VLFK DXFK DOOH GUHL 6SH]LDOLVWHQ LUUHJXOlU YHUKDOWHQ KDEHQ´ (U ZXUGH ZLHGHU HUQVW ³'LH 6SH]LDOLVWHQ GUIWHQ IHUQEHHLQIOXW ZRUGHQVHLQDEHUZLHGHU*HJQHUHLQHQ81,%2%,9EHHLQIOXWKDEHQVROOEHJUHLIHLFK QLFKW 'LHVH 0DVFKLQHQ VLQG JHJHQ )UHPGEHHLQIOXVVXQJ EHVVHU DEJHVLFKHUW DOV DOOH DQGHUHQ81,%2%7\SHQ´ .HQQRQDOLDV'DPDUNXV6HOH\WOlFKHOWHVFKZDFK ³'XEHJUHLIVWHVQLFKWZHLOGXGDYRQDXVJHKVWGDGLH9HUPLWHQHUVWVHLWLKUHU
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
/DQGXQJ LP 'QHQWHLO EHHLQIOXW ZXUGHQ 7HN 'RFK DQJHQRPPHQ GLH )HUQEHHLQIOXVVXQJ HUIROJWH VFKRQ ZlKUHQG GHV )OXJHV KLHUKHU GDQQ N|QQWH GDV LUUHJXOlUH9HUKDOWHQXQVHUHU.ROOHJHQGHQ81,%2%YHUDQODWKDEHQVLFKYRQLKQHQ]X WUHQQHQ´ 7HNHQHUVFKDOWHWHGDVVXPPHQGH26*HUlWDXV1DFKGHQNOLFKVDJWHHU ³/HLGHUVLQGGDYRQNHLQHYHUZHUWEDUHQ6SXUHQ]XUFNJHEOLHEHQ$EHULFKNHQQH QXU HLQHQ )DOO LQ GHP HLQ 81,%2% ,9 MHPDQGHQ YHUOLHH GHP HU XQWHUVWHOOW LVW ZHQQ GHUMHQLJHVHLQH([LVWHQ]EHGURKWH´ ³:DV LFK GXUFKDXV YHUVWQGH´ PXUPHOWH GHU +DOEURERWHU PLW GURKHQGHP 8QWHUWRQ 7HNHQHU PXVWHUWH GHQ )UHXQG DUJZ|KQLVFK 'DV *HKLUQ LQ GHU 9ROOSURWKHVH NRQQWH 5RERWHU QLFKW DXVVWHKHQ ZHLO HV GLH 7DWVDFKH DXV VHLQHP %HZXWVHLQ ]X YHUGUlQJHQ VXFKWH GD HV HLJHQWOLFK LQ HLQHP 5RERWHUN|USHU VWHFNWH (V KDWWH =HLWHQ JHJHEHQGDZDU.HQQRQVFKRQEHLGHUEORHQ(UZlKQXQJYRQ5RERWHUQGXUFKJHGUHKW XQG EHLP $QEOLFN YRQ 5RERWHUQ ZDU HU VRJDU VFKRQ $PRN JHODXIHQ 6HLW HLQLJHU =HLW UHDJLHUWH HU HUIUHXOLFKHUZHLVH JHODVVHQ ZHQQ GLH 6SUDFKH DXI GDV 7KHPD ³5RERWHU´ NDP (U EHKHUUVFKWH VLFK VRJDU ZHQQ HU 5RERWHUQ ]XVDK $EHU QLHPDQG ZXWH RE GLHVH3KDVHGHUSV\FKLVFKHQ6WDELOLWlWXQEHJUHQ]WDQGDXHUQZUGH ³:HVKDOEVWDUUVWGXPLFKVRDQ"´IUDJWH.HQQRQ ³2K´ PDFKWH 7HNHQHU XQG OlFKHOWH YHUOHJHQ ³(QWVFKXOGLJH DEHU LFK ZDU LQ *HGDQNHQYHUVXQNHQ,FKKDEHEHUOHJWRE7DFK\[GHQ9HUPLWHQLQHQWVSUHFKHQGHP 6LFKHUKHLWVDEVWDQGIROJWHXQGREHUQRFKIXQNWLRQLHUW´ ³,FK YHUVWHKH´ HUZLGHUWH .HQQRQ ³:HQQ HU QRFK HLQZDQGIUHL IXQNWLRQLHUW NDQQ HUXQVYLHOOHLFKWPLWWHLOHQZRVLFKGLH9HUPLWHQEHILQGHQ6FKDGHGD.DQJRV5DL] 6HODVHXQG'DPDUNXV6HOH\WGHQ862*HKHLPNRGHQLFKWNHQQHQPLWGHPZLU7DFK\[ YHUDQODVVHQN|QQWHQDXI)XQNDQUXIH]XDQWZRUWHQ´ 5RQDOG7HNHQHUQLFNWH ,KPZDUHEHQIDOOVNODUGDVLHQLFKWHLQIDFKSHU+HOPIXQNQDFKGHP81,%2%,9 UXIHQNRQQWHQ7DFK\[ZUGHZLHDOOH5RERWHUVHLQHV7\SVQXUUHDJLHUHQZHQQPDQ LKPGHQ*HKHLPNRGHQDQQWH'DDEHUZHGHU.DQJRVQRFK'DPDUNXVHLQHQJHKHLPHQ .RGHGHU862NHQQHQNRQQWHQZUGHQGLHXQEHNDQQWHQ*HJQHUDUJZ|KQLVFKZHUGHQ ZHQQVLHGHQ)XQNVSUXFKDEK|UWHQ ³,FKVFKODJHYRU´VDJWHHU³GDZLUZHLWHUQDFK6GHQIOLHJHQ'HU862*OHLWHU KDWWH EHLP 6WDUW GLHVH 5LFKWXQJ HLQJHVFKODJHQ DOVR GUIHQ ZLU KRIIHQ LUJHQGZR XQWHUZHJVZLHGHUDXIVHLQH6SXU]XVWRHQ´ 6LQFODLU 0DURXW .HQQRQ EHDQWZRUWHWH GHQ 9RUVFKODJ LQGHP HU VLFK KLQWHU GLH 6WHXHUXQJ LKUHV *OHLWHUV VHW]WH XQG GDV $QWULHEVV\VWHP DNWLYLHUWH 6LH KREHQ DE XQG IORJHQEHUGDV0HHUQDFK6GHQZlKUHQGGLHNOHLQHURWH6RQQHVLFKLP2VWHQGHP +RUL]RQW]XQHLJWH
9LHU6WXQGHQVSlWHU 5RQDOG 7HNHQHU KDWWH VLFK DQ GHP NOHLQHQ *HWUlQNH$XWRPDWHQ GHV *OHLWHUV HLQHQ %HFKHU .DIIHH JHWDVWHW XQG WUDQN GDV VFKZDU]H KHLH *HEUlX LQ NOHLQHQ 6FKOXFNHQ
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
(VZDU1DFKWDEHUHVZDUQLFKWGXQNHO'LHHLQH+lOIWHGHV+LPPHOVZXUGHYRP *HZLPPHO]DKOORVHU6WHUQHEHGHFNWZlKUHQGEHUGHUDQGHUHQ+lOIWHJOHLFK.DVNDGHQ JHVFKPRO]HQHQ 0HWDOOV GLH 6RQQHQEDOOXQJ GHV JDODNWLVFKHQ =HQWUXPV OHXFKWHWH 'HU %OLFN UHLFKWH QLFKW VR ZHLW ZLH EHL 7DJH DEHU GLH EHLGHQ 0lQQHU EHQ|WLJWHQ ZHGHU 1RUPDOOLFKWQRFK,QIUDURWVFKHLQZHUIHUXPVLFKZlKUHQGGHV)OXJHV]XRULHQWLHUHQ ³'HU6GSRONRQWLQHQW´ULHI.HQQRQGXUFKGDV+HXOHQGHV)DKUWZLQGHVKLQGXUFK 5RQDOG7HNHQHUVDKLKQPLWVHLQHQUHLQRUJDQLVFKHQ$XJHQQLFKWVRIUKZLHVHLQ 3DUWQHU DEHU HWZD IQI 0LQXWHQ VSlWHU HQWGHFNWH DXFK HU HLQH VDQIW DQVWHLJHQGH /DQGPDVVHPLWHLQHPZHLHQ.UDQ]GDYRU$OVVLHQRFKQlKHUJHNRPPHQZDUHQVDK HUGHQJLVFKWJHVlXPWHQKHOOHQ6DQGVWUDQGGDKLQWHUHLQ]HOQXQGLQ*UXSSHQVWHKHQGH SDOPlKQOLFKH*HZlFKVHXQGDOV+LQWHUJUXQGVDQIWJHZHOOWHJUQH+JHO ³6FK|QQLFKWZDKU"´HUNXQGLJWHVLFK.HQQRQ ³7UDXPKDIW VFK|Q´ DQWZRUWHWH 7HNHQHU ³)DVW ]X VFK|Q IU GLH 0HQVFKKHLW :HQQLFKPLUGHQ6DQGVWUDQGYROOHU$EIlOOHGDV:DVVHUYROOHU6RQQHQ|O6FKZHLXQG 6FKPXW] XQG DOV .KOZDVVHU IU )XVLRQVNUDIWZHUNH PLEUDXFKW YRUVWHOOH GLH JUQHQ +JHO DXI GHU 6XFKH QDFK +|ZDOJRQLXP XP XQG XP JHZKOW XQG DXI PKVDP DXIJHIRUVWHWHQ$EUDXPKDOGHQULHVLJH7RXULVWHQNDVHUQHQ9LHOOHLFKWVROOWHPDQGLHVHP 3ODQHWHQZQVFKHQGDHUQLHPDOVYRQLQWHOOLJHQWHQ/HEHZHVHQEHVLHGHOWZUGH´ 6LQFODLU0DURXW.HQQRQUXQ]HOWHGLH6WLUQ ³:LOOVWGXHWZDJXWKHLHQGDMHPDQGHLQH$UPHHYRQ0|UGHUQEHVFKlIWLJWXP GLH0HQVFKKHLWYRQGHU%HVLHGOXQJ+HPDOV¶DE]XKDOWHQ7HN"´ ³1DWUOLFK QLFKW´ 7HNHQHU VFKWWHOWH GHQ .RSI ³:HU LPPHU GLHVH 0|UGHU%DQGH EHIHKOLJWLKPJHKWHVZRKONDXPGDUXP+HPDOVYRUGHUQHJDWLYHQ%HJOHLWHUVFKHLQXQJ HLQHU.XOWLYLHUXQJ]XEHZDKUHQ:DKUVFKHLQOLFKKDWHUVRJDUYLHO6FKOLPPHUHVPLWGHP 3ODQHWHQYRU´ .HQQRQQLFNWHGDQQKREHUGLH+DQG ³2UWXQJ'LH0DVVHWDVWHUVWHOOHQHLQH$QKlXIXQJYRQ0HWDOOIHVW(UNHQQXQJ(V KDQGHOW VLFK XP VLHEHQKXQGHUWQHXQ *UDPP GHU /HLFKWPHWDOO/HJLHUXQJ 3$/$0 (V ZLUG DXI GHQ VRODUHQ 3ODQHWHQ XQG DQGHUHQ YRQ 7HUUDQHUQ EHZRKQWHQ :HOWHQ KDXSWVlFKOLFK]XU+HUVWHOOXQJYRQ6HUYR.RQVHUYHQGRVHQYHUZHQGHW´ 7HNHQHUEHXJWHVLFKYRUXQGEOLFNWHDXIGLH2UWXQJVXQG(UNHQQXQJVWDIHOQGHU ERUGHLJHQHQ0DVVHWDVWHU ³7DWVlFKOLFK´ (U VSUDFK OHLVH XQG JUEHOQG ³$EHU VLHEHQKXQGHUWQHXQ *UDPP ,FK VFKlW]H GD PDQ UXQG ]ZDQ]LJ .LORGRVHQ EUDXFKW XP GLHVHV 0HWDOOJHZLFKW ]X HUUHLFKHQ(QWZHGHUVLQGGLH9HUPLWHQOlQJHUH=HLWDQHLQHP2UWJHEOLHEHQ²RGHUVLH ZROOWHQ GD ZLU LKUHQ OHW]WHQ $XIHQWKDOWVRUW QLFKW YHUIHKOWHQ XQG OLHHQ GHVKDOE HLQHQ 7HLOLKUHU9RUUlWH]XUFN´ .HQQRQVWHXHUWHGHQDQJHSHLOWHQ/DJHSODW]GHU0HWDOO/HJLHUXQJDQXQGGUFNWH GDEHL GHQ *OHLWHU WLHIHU (U IORJ ]ZLVFKHQ GHQ SDOPHQlKQOLFKHQ *HZlFKVHQ KLQGXUFK XQGDXIGHQ)XGHVQlFKVWHQ+JHOV]X 3O|W]OLFKEUHPVWHHUDE 7HNHQHUVDKHVLPQlFKVWHQ$XJHQEOLFN 'HU VDQGLJH %RGHQ ZDU ]HUWUDPSHOW XQG HLQH EUHLWH 6FKOHLIVSXU IKUWH XP GHQ +JHOKHUXP /DQJVDP VWHXHUWH .HQQRQ GHQ *OHLWHU QHEHQ GHU 6SXU XP GHQ +JHO .XU] GDUDXI VDKHQ EHLGH 6SH]LDOLVWHQ GLH VFKODIIH +OOH GHV .RPSUHVVLRQV,JOXV GHU
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
9HUPLWHQ.HQQRQODQGHWHGLFKWGDQHEHQ ,QEDQJHU$KQXQJVXFKWH7HNHQHUGLH+OOHREHUIOlFKOLFKDEGDQQVFKORHUGLH 9HQWLOHDQGLH3XPSHQVFKOlXFKHGHV&9&*OHLWHUVDQXQGSXPSWHGDV,JOXDXI 'RFKVHLQH$KQXQJHUIOOWHVLFKQLFKW'DV,JOXHUZLHVVLFKDOVOHHUXQGDXFKLQ GHU ZHLWHUHQ 8PJHEXQJ ZDU NHLQ $QKDOWVSXQNW GDIU ]X HQWGHFNHQ´ GD GHQ GUHL 9HUPLWHQHWZDV6FKOLPPHV]XJHVWRHQZDU (V VHL GHQQ GLH LP 6DQG DXIJHEDXWHQ QHXQ]HKQ .RQVHUYHQGRVHQ GHXWHWHQ GDUDXIKLQ ³:DUXPKDWPDQGLH'RVHQDXVJHUHFKQHWVRDQJHRUGQHW"´EHUOHJWH.HQQRQ 7HNHQHU ULHE VLFK GDV .LQQ ZlKUHQG HU GLH QHXQ]HKQ XQJHIlKU WUDXEHQI|UPLJ DQJHRUGQHWHQ .RQVHUYHQGRVHQ PXVWHUWH 'LH ³7UDXEH´ ZDU DP REHUHQ GLFNHQ 7HLO QDFK LQQHQ JHZ|OEW XQG EHVD DP XQWHUHQ 7HLO HLQHQ GXUFK ]ZHL 'RVHQ JHNHQQ]HLFKQHWHQUVVHOlKQOLFKHQ9RUVSUXQJ 3O|W]OLFKGXUFK]XFNWHLKQGLH(UNHQQWQLV ³'DV .DS GHU QHXQ]HKQ .OLSSHQ´ HQWIXKU HV LKP ³-HPDQG KDW JHQDX GLH )RUP GHV.DSVGHUQHXQ]HKQ.OLSSHQQDFKJHDKPW.HQ´ ³6FKRQ HUNDQQW´ HUZLGHUWH .HQQRQ PUULVFK ³'DV .DS GHU QHXQ]HKQ .OLSSHQ OLHJW DXI GHU DQGHUHQ 6HLWH GLHVHV .RQWLQHQWV (V HUKLHOW ZHJHQ VHLQHV PDUNDQWHQ $XVVHKHQV DOV HLQ]LJH 2EHUIOlFKHQIRUPDWLRQ VFKRQ YRU GHU %HVLHGOXQJ HLQHQ 1DPHQ :DKUVFKHLQOLFKKDEHQVLFKGLH9HUPLWHQGRUWKLQJHZDQGW´(UVFKWWHOWHGHQ.RSI ³:DV JHIlOOW GLU QLFKW"´ IUDJWH 7HN GHU VHLQHQ )UHXQG JXW JHQXJ NDQQWH XP ]X PHUNHQGDLKQHWZDVEHXQUXKLJWH 6LQFODLU0DURXW.HQQRQVDKKRFK ³(VJHIlOOWPLUQLFKWGDMHPDQGGHU/HVHQXQG6FKUHLEHQJHOHUQWKDWXQGEHU HLQ )XQNJHUlW YHUIJW ]X HLQHU GHUDUW SULPLWLYHQ 0HWKRGH JUHLIW XP HLQH 1DFKULFKW ]X KLQWHUODVVHQ´ 5RQDOG 7HNHQHU OHJWH XQZLOONUOLFK GLH +DQG DXI GDV *ULIIVWFN VHLQHV ,PSXOVVWUDKOHUV XQG EOLFNWH VLFK PLWUDXLVFK XP .HQQRQV %HPHUNXQJ KDWWH LKP NODUJHPDFKW GD GLH DXI +HPDOV ODXHUQGH *HIDKU ZDKUVFKHLQOLFK JU|HU ZDU DOV HU ELVODQJ DQJHQRPPHQ KDWWH :HQQ GLH YHUPLWHQ .ROOHJHQ DXI HLQH VFKULIWOLFKH 1DFKULFKW XQG )XQNVSUFKH YHU]LFKWHWHQ GDQQ ZRKO GHVKDOE ZHLO GHU *HJQHU )XQNVSUFKHDEK|UHQXQG1DFKULFKWHQNDSVHOQZHJQHKPHQNRQQWH6LHPXWHQVLFKHU VHLQ GD PDQ VLH EHREDFKWHWH XQG ZHQQ HV VR JHZHVHQ ZDU GDQQ EHREDFKWHWH GHU *HJQHUZDKUVFKHLQOLFKDXFK³.DQJRV5DL]6HODVH´XQG³'DPDUNXV6HOH\W´ ³)OLHJHQ ZLU DOVR XQYHU]JOLFK ]XP .DS GHU QHXQ]HKQ .OLSSHQ´ VDJWH HU XQG ZDQGWHVLFKLKUHP*OHLWHU]X ,P QlFKVWHQ 0RPHQW SUDOOWH .HQQRQ JHJHQ LKQ XQG UL LKQ PLW VLFK ]X %RGHQ 7HNHQHU VDK HWZDV JUHOO DXIEOLW]HQ XQG K|UWH GDQDFK GDV .UDFKHQ HLQHU KRFKHQHUJHWLVFKHQ (QWODGXQJ 'HU )UHXQG UROOWH YRQ LKP ZHJ XQG IHXHUWH ]XU .XSSH GHV QlFKVWHQ +JHOV KLQEHU *OXWIOVVLJH 6FKPHO]H UDQQ ZLH GDV 0DJPD HLQHV YXONDQLVFKHQ$XVEUXFKVGLH+JHOIODQNHQKLQDE 'DQQHQWGHFNWH7HNHQHULKUHQ*OHLWHU(UZDUYRQHLQHUHQHUJHWLVFKHQ(QWODGXQJ ]HUULVVHQZRUGHQXQGHLQLJHGHU%UXFKVWFNHJOKWHQNLUVFKURW ³+DVWGXMHPDQGHQJHVHKHQ.HQ"´ZDQGWHHUVLFKDQGHQ+DOEURERWHU ³1HLQGHU$QJUHLIHUKDWWHVLFKLQHLQHQ$QWL2UWXQJVVFKLUPJHKOOW,FKEHPHUNWH LKQ QXU ZHLO VHLQH (QHUJLHZDIIH YRU GHP )HXHUQ HLQHQ =LHOHUIDVVXQJVLPSXOV DEJDE
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
XQGGDQQRUWHWHQGLH*HUlWHPHLQHU9ROOSURWKHVHQDWUOLFKGLHNXU]IULVWLJH(PLVVLRQ]X GHU GHU $QWL2UWXQJVVFKLUP YRQ GHP LKQ GXUFKVFKODJHQGHQ (LQHUJLHVWUDKO DQJHUHJW ZRUGHQZDU´ (UULFKWHWHVLFKDXI ³,FKZHUGHKLQWHUGHP+JHOQDFKVHKHQ7HN'XNDQQVWGLFKLQ]ZLVFKHQXPGDV NPPHUQ ZDV YRQ XQVHUHP *OHLWHU QRFK ]X JHEUDXFKHQ LVW 6FKDOWH GHLQHQ 'HIOHNWRU HLQ LFKZHUGHHVHEHQIDOOVWXQ´ $OV HU IU PHQVFKOLFKH $XJHQ XQVLFKWEDU ZXUGH VFKDOWHWH 5RQDOG 7HNHQHU HEHQIDOOV VHLQHQ 'HIOHNWRU*HQHUDWRQ HLQ (U JLQJ ]X GHQ LP 8PNUHLV YRQ HWZD ]HKQ 0HWHUQ YHUVWUHXWHQ hEHUUHVWHQ GHV *OHLWHUV KLQEHU RKQH +RIIQXQJ QRFK HWZDV %UDXFKEDUHV]XILQGHQ'RFKGDQQVDKHUGDVEHLQDKHXQYHUVHKUWH26*HUlWLP6DQG OLHJHQ(VZDUGXUFKGLHH[SORVLYH:XFKWGHU(QWODGXQJIRUWJHVFKOHXGHUWZRUGHQ 7HNHQHU VWHOOWH GXUFK HLQH NXU]H 8QWHUVXFKXQJ IHVW GD GLH 6FKlGHQ DP 26 *HUlW QXU lXHUOLFK ZDUHQ (V IXQNWLRQLHUWH QRFK $EHU GHU 8626SH]LDOLVW ZROOWH PLW GHU$XI]HLFKQXQJZDUWHQELVVHLQ)UHXQGXQG3DUWQHU]XUFNJHNHKUWZDU .HQQRQODQGHWHZHQLJH0LQXWHQVSlWHUXQGVFKDOWHWHVHLQHQ'HIOHNWRUDXV ³1LFKWV´ EHULFKWHWH HU ³'HU $QJUHLIHU KDW VLFK QDFK GHP )HXHUEHUIDOO RIIHQEDU ZHLW]XUFNJH]RJHQ´ ³'LHVHU µ)HXHUEHUIDOO¶ NRPPW PLU QDFKWUlJOLFK PHKU ZLH HLQ 6DERWDJHDNW YRU´ HUNOlUWH 7HNHQHU ³0DQ KDW QLFKW XQV VRQGHUQ XQVHU )DKU]HXJ EHVFKRVVHQ XP XQV XQVHUHV)RUWEHZHJXQJVPLWWHOV]XEHUDXEHQ´ ³'DVNOLQJWLUJHQGZLHXQORJLVFK´HUZLGHUWHGHU.RVPRNULPLQDOLVW]|JHUQG³8QVHU *HJQHUKDW]ZDUGHQ*OHLWHU]HUVW|UWDEHUHUPXGRFKJHVHKHQKDEHQGDZLU&9& .DPSIDQ]JHPLW)OXJDJJUHJDWHQWUDJHQ:LUEOHLEHQDOVRVREHZHJOLFKZLH]XYRU QXU XQVHU (LQVDW]NRPIRUW ZXUGH EHVFKQLWWHQ 'DV GUIWH DEHU NDXP GLH $EVLFKW GHV 6DERWHXUVJHZHVHQVHLQ´ ³9LHOOHLFKW KDWWH HU HV DXI GDV 26*HUlW DEJHVHKHQ´ PHLQWH 7HNHQHU XQG KRE GDV KDQGNRIIHUJURH *HUlW YRP %RGHQ DXI ³,Q GHP )DOO ZlUH GHU =ZHFN GHV $QVFKODJHVQLFKWHUUHLFKWGHQQHVIXQNWLRQLHUWQRFK´ (U NODSSWH GHQ 2EMHNW6SlW]HLFKQHU DXI XQG OLH GLH 7HOHVNRSEHLQH DXV GHU *UXQGSODWWH IDKUHQ 'HU %LOGVFKLUP ZXUGH KHOO XQG GHU $XI]HLFKQXQJVNRSI VFKZHQNWH VXFKHQGKLQXQGKHU7HNHQHUVFKDOWHWHJHGXOGLJELVHUGHQ3XQNWLP0LQXVVWURPGHU =HLWHUPLWWHOWKDWWHDQGHPGHU862*OHLWHUPLWGHQGUHL9HUPLWHQJHODQGHWZDU 'DV HOOLSWLVFKH )DKU]HXJ ZDU DOV YHUVFKZRPPHQHU 6FKDWWHQ PLW IOLPPHUQGHQ 5lQGHUQ ]X VHKHQ YRQ GHP VLFK GLH (QHUJLHDJJUHJDWH XQG GLH GUHL 8626SH]LDOLVWHQ DOV4XHOOHQWKHUPLVFKHU(QHUJLHKHOODEKREHQ'HU*OHLWHUVHW]WH]LHPOLFKKDUWDXIXQG UXWVFKWHQRFKHLQ6WFNEHUGHQ6DQGGDVDP+HFNEHIHVWLJWHVFKODIIH.RPSUHVVLRQV ,JOXKLQWHUVLFKKHUVFKOHLIHQG 'LHGUHL6SH]LDOLVWHQVWLHJHQQLFKWVRIRUWDXV5RQDOG7HNHQHUEHUOHJWHREVLH HWZDEHLGHPKDUWHQ$XIVHW]HQGHV*OHLWHUVEHZXWORVJHZRUGHQZlUHQ$EHUVRKDUW ZDU VHLQHU $QVLFKW QDFK GHU *OHLWHU QLFKW JHODQGHW (U VSLHOWH PLW GHP *HGDQNHQ GDV 26*HUlW HLQH JHZLVVH =HLWVSDQQH EHUVSULQJHQ ]X ODVVHQ XP ]X VHKHQ ZDV ZHLWHU JHVFKDK 'RFK QDFK HLQLJHP 1DFKGHQNHQ YHU]LFKWHWH HU GDUDXI (U ZROOWH QLFKW ULVNLHUHQ GD LKQHQ DXVJHUHFKQHW HWZDV HQWJLQJ ZDV LKQHQ ZLFKWLJH ,QIRUPDWLRQHQ OLHIHUQNRQQWH $EHU DOV GLH 9HUPLWHQ VLFK QDFK IDVW HLQHU 6WXQGH LPPHU QRFK QLFKW JHUKUW
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
KDWWHQZXUGH7HNHQHUGRFKXQJHGXOGLJ ³:HQQ VLH QRFK ]HKQ 6WXQGHQ LQ LKUHP *OHLWHU VLW]HQ EOHLEHQ JHKH LFK LQ GLH /XIW´VWLHHUKHUYRU 'HU+DOEURERWHUYHU]RJGLH/LSSHQ]XHLQHPOHLVHQ/lFKHOQ ³(LQ SDVVLRQLHUWHU *URZLOGMlJHU GHU YRU 8QJHGXOG LQ GLH /XIW JHKHQ ZLOO :HQQGDVLQGHLQHP-DJGNOXEEHNDQQWZUGH´ 7HNHQHUZLQNWHXQPXWLJDE ³(V LVW HLQ ZHVHQWOLFKHU 8QWHUVFKLHG ]ZLVFKHQ GHP :DUWHQ DXI HLQ NQIWLJHV (UHLJQLVZLHHVEHLVSLHOVZHLVHGDV$XIWDXFKHQHLQHV5DXEVDXULHUVGDUVWHOOWXQGGHP XQWlWLJHQ =XVHKHQ EHLP YHUJDQJHQHQ *HVFKHKHQ %HVRQGHUV ZHQQ JDU QLFKWV JHVFKLHKWXQGPDQGLHJDQ]H=HLWDEVLW]HQPXXPQLFKWV]XYHUSDVVHQ´ 6LQFODLU0DURXW.HQQRQVWUHFNWHGLH+DQGDXV ³'HP GUIWH LFK DEKHOIHQ N|QQHQ 0LW PHLQHQ SRVLWURQLVFK YHUEHVVHUWHQ 6LQQHQ ZHUGH LFK DXFK EHL VFKQHOOHP $EVSXOHQ GHU 9HUJDQJHQKHLW GLH 6WHOOH UHFKW]HLWLJ HUNHQQHQDQGHUZHVHQWOLFKH'LQJHJHVFKHKHQ´ 1DFKGHP HU HLQH 6FKDOWXQJ YRUJHQRPPHQ KDWWH MDJWH GLH =HLW DXI GHP %LOGVFKLUPQXUVRGDKLQ7HNHQHUVDKGDV%LOGGHQQRFKUHODWLYNODUZDVEHGHXWHWHGD VLFKDXHUGHP:HFKVHOGHU+HOOLJNHLWXQGGHQYRP:LQGEHZLUNWHQ%HZHJXQJHQGHV 6DQGHVNDXPHWZDVYHUlQGHUWH $OV GLH .RQWXUHQ VLFK YHUZLVFKWHQ KLHOW .HQQRQ GHQ JHJHQZDUWVJHULFKWHWHQ $EODXIDQVFKDOWHWHHLQHNOHLQH6SDQQHLQ5LFKWXQJ9HUJDQJHQKHLW]XUFNXQGOLHGDV 26*HUlWGDQDFKZLHGHU]HLWJOHLFKDOVRPLWJOHLFKHU*HVFKZLQGLJNHLWZLHGHUQRUPDOH =HLWDEODXIDUEHLWHQ 'LH EHLGHQ 0lQQHU VDKHQ ZLH GLH GUHL 9HUPLWHQ LKUHQ *OHLWHU YHUOLHHQ GDV VFKODIIH,JOXYRP+HFNHQWIHUQWHQXQGKLQWHUGHQ+JHOVFKOHLIWHQ$QVFKOLHHQGHLOWHQ VLHLQYHUVFKLHGHQHQ5LFKWXQJHQGDYRQ(LQHUYRQLKQHQNHKUWHQDFKNXU]HU=HLW]XUFN XQG PDFKWH VLFK DP *OHLWHU ]X VFKDIIHQ 3O|W]OLFK EUDFK HU ]XVDPPHQ :HQLJ VSlWHU WDXFKWHQGLHEHLGHQDQGHUHQ6SH]LDOLVWHQDXIXQGKREHQLKUHQ.ROOHJHQLQGHQ*OHLWHU 6LH JHVWLNXOLHUWHQ KHIWLJ GDQQ VWLHJHQ VLH LQ LKU )DKU]HXJ VWDUWHWHQ XQG IORJHQ LQ 5LFKWXQJ6GZHVWHQGDYRQ ³.HLQHU YRQ LKQHQ KDW GLH .RQVHUYHQGRVHQ ´ EHJDQQ 7HNHQHU XQG EUDFK DE DOVLP6DQGSO|W]OLFKZLHKLQJH]DXEHUWGLHQHXQ]HKQ.RQVHUYHQGRVHQHUVFKLHQHQ6LH ZDUHQZLHGDV.DSGHUQHXQ]HKQ.OLSSHQDQJHRUGQHW ³:DVVDJWPDQGD]X"´PHLQWHHUYHUZXQGHUW³1LFKWGLHGUHL.ROOHJHQKDEHQGHQ +LQZHLV DXIJHEDXW VRQGHUQ MHPDQG GHU LP 6FKXW] HLQHV $QWL2UWXQJVVFKLUPHV GLH .RQVHUYHQGRVHQ XQEHPHUNW HQWZHQGHQ XQG HEHQVR XQEHPHUNW DXIVWHOOHQ NRQQWH 6LH ZXUGHQ HUVW VLFKWEDU DOV HU VLFK HQWIHUQWH XQG VLH GDGXUFK DXV GHP :LUNXQJVEHUHLFK GHV$26FKLUPHVJHULHWHQ´ ³+P´ PDFKWH .HQQRQ ³(V VFKHLQW VR DOV RE DXI +HPDOV ]ZHL 3HUVRQHQ PLW HLQHP $QWL2UWXQJVVFKLUP RSHULHUWHQ HLQ PLWWHLOVDPHU )UHXQG XQG HLQ KLQWHUOLVWLJHU 6DERWHXU,FKP|FKWHZHWWHQGDHVVLFKKLHUEHLJDUQLFKWXP]ZHL3HUVRQHQKDQGHOW´ ³'DGXGLHVH:HWWHPHLQHU$QVLFKWQDFKJHZLQQHQZUGHVWODVVHLFKPLFKOLHEHU QLFKW GDUDXI HLQ´ EHPHUNWH 7HNHQHU ³0LU VFKHLQW HV QlPOLFK DXFK VR DOV KlWWH GHU 8QVLFKWEDUH HLQHQ IDOVFKHQ +LQZHLV JHJHEHQ XQG GXUFK VHLQHQ $QVFKODJ YHUKLQGHUQ ZROOHQ GD ZLU PLW +LOIH GHV 26*HUlWHV HWZDV YRQ VHLQHU KHLPOLFKHQ 7lWLJNHLW DOV .RQVHUYHQ*HVWDOWHUHUIDKUHQ´
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
³$EHU GDV .DS GHU QHXQ]HKQ .OLSSHQ OLHJW YRQ KLHU JHVHKHQ LP 6GZHVWHQ² XQGXQVHUH.ROOHJHQVLQGQDFK6GZHVWHQJHIORJHQ´HUZLGHUWH.HQQRQJUEHOQG 5RQDOG 7HNHQHU GDFKWH QDFK 'D GLH IRWRJUDILVFKHQ $XI]HLFKQXQJHQ GHU 2EHUIOlFKHQJHVWDOW YRQ +HPDOV EHLP $QVFKODJ DXI GHQ *OHLWHU YHUEUDQQW ZDUHQ OLH VLFK.HQQRQV(UNOlUXQJQLFKWQDFKSUIHQDEHUGDV*HGlFKWQLVGHV+DOEURERWHUVZXUGH GXUFK GLH 0LNURSRVLWURQLN VHLQHU 9ROOSURWKHVH JHVWW]W VR GD PDQ VLFK GDUDXI YHUODVVHQNRQQWH ³2EGLH6SXUIDOVFKLVWRGHUQLFKW´PXUPHOWHHU³HVLVWXQVHUHHLQ]LJH6SXU,FK VFKODJHYRUZLUIOLHJHQ]XP.DSXQGVHKHQQDFK´ .HQQRQZDUHLQYHUVWDQGHQ(UNODSSWHGDV26*HUlW]XVDPPHQXQGQDKPHVLQ GLH +DQG 'DQDFK DNWLYLHUWHQ GLH EHLGHQ 0lQQHU LKUH 'HIOHNWRU*HQHUDWRUHQ XQG VWDUWHWHQ 'LFKWEHUGHP%RGHQUDVWHQVLHQDFK6GZHVWHQ
'HU +XUULNDQ HQWZLFNHOWH VLFK VR VFKQHOO GD 7HNHQHU XQG .HQQRQ NHLQH =HLW IDQGHQ LKP DXV]XZHLFKHQ 3O|W]OLFK ZXUGHQ VLH YRQ HLQHU LPDJLQlUHQ 5LHVHQIDXVW JHSDFNW XQG KHUXPJHZLUEHOW ZlKUHQG XQWHU LKQHQ :lOGHU YHUZVWHW ZXUGHQ XQG 6DQGZRONHQNUHLVHOWHQ 5RQDOG7HNHQHUVFKORVHLQHQ'UXFNKHOPDNWLYLHUWHGHQ7HOHNRPXQGVDJWH ³$XIVWHLJHQGUIWHGHUHLQ]LJH$XVZHJVHLQ´ ³=ZHL DXIZlUWV VWUHEHQGH MXQJH 0lQQHU DXI HLQHP SDUDGLHVLVFKHQ 3ODQHWHQ´ JDEGHU+DOEURERWHUVDUNDVWLVFK]XUFN *HJHQ VHLQHQ :LOOHQ PXWH 7HNHQHU ODFKHQ (U VFKDOWHWH DQ GHQ *UWHOVFKQDOOHQ.RQWUROOHQ XQG VWLHJ VFKQHOO QDFK REHQ .HQQRQ EOLHE LQ VHLQHU 1lKH 3O|W]OLFK HQWVWDQG XQWHU LKQHQ HLQH :LQGKRVH GLH PLW IUFKWHUOLFKHU *HZDOW 6DQG XQG 3IODQ]HQ YRP %RGHQ DXIVRJ GXUFK HLQHQ SHQGHOQGHQ 6FKODXFK MDJWH XQG DP REHUHQ (QGHWULFKWHUI|UPLJDXVEOLHV 0LW HLQHU KDOEODXWHQ 9HUZQVFKXQJ VFKDOWHWH 5RQDOG 7HNHQHU GLH 6FKZHUNUDIWNRPSHQVDWLRQ GHV $QWLJUDYV DXI KXQGHUW 3UR]HQW XQG HUK|KWH GHQ 6FKXE GHV3XOVDWLRQVWULHEZHUNHVXPGLHVHP,QIHUQRDXV]XZHLFKHQ ³'DV LVW Y|OOLJ XQP|JOLFK´ K|UWH HU .HQQRQ VDJHQ ³+XUULNDQH XQG 7RUQDGRV EUHFKHQ QLFKW RKQH 9RU]HLFKHQ DXV KHLWHUHP +LPPHO ORV²XQG GDQQ DXFK QRFK EHLGH JOHLFK]HLWLJ'DP|FKWHXQVMHPDQGlUJHUQ´ ³(LQH YHUVSLHOWH )URKQDWXU´ JDE 7HNHQHU ]XUFN ³2E KLHU DXHU GHQ 0|UGHUQ DXFKDQGHUH3HUVRQHQLKUH)LQJHUDXIGHP.XFKHQKDEHQ"´ 6RVFKQHOOZLHGHU+XUULNDQJHNRPPHQ ZDUK|UWHHUZLHGHUDXIXQGDXFKGLH :LQGKRVHVDQNLQVLFK]XVDPPHQ ³$OVR GRFK´ PXUPHOWH GHU +DOEURERWHU ³,FK ELQ JHVSDQQW ZRPLW PDQ XQV MHW]W GHQ)OXJ]XP.RQVHUYHQGRVHQNDSYHUVFK|QHUQZLOO´ ³9LHOHQ 'DQN .ROOHJH´ HQWJHJQHWH 7HNHQHU ³,FK ]LHKH HLQHQ ODQJZHLOLJHQ )OXJ MHQHU $UW YRQ 7RXULVWHQDWWUDNWLRQHQ YRU :LU VROOWHQ ZLHGHU ]XP 7LHIIOXJ EHUJHKHQ GDPLWZLUXQVHUHP*HJQHUGLH2UWXQJQLFKWJDUVRVHKUHUOHLFKWHUQ.HQ´ ³,FK JHKH VRJDU QRFK ZHLWHU XQG VFKODJH YRU ZLU ODQGHQ XQG GHVDNWLYLHUHQ GLH $Q]XJVV\VWHPH´ VDJWH .HQQRQ ³0HLQH 2UWXQJ PHOGHW QlPOLFK HLQ 5DXPVFKLII LP
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
/DQGHDQIOXJDXIGLHVHQ.RQWLQHQW2EZRKOHV%DQDQHQIRUPKDWJODXEHLFKQLFKWGD HVJHQLHEDULVW´ 5RQDOG 7HNHQHU SIOLFKWHWH VHLQHP )UHXQG EHL 6LH HLQLJWHQ VLFK GXUFK +DQG]HLFKHQ EHU LKUHQ /DQGHSODW] XQG VFKDOWHWHQ GLH +HOPIXQNJHUlWH DXV .XU] GDUDXIODQGHWHQVLHDXIHLQHP:DOODXV)HOVJHU|OOGHUGDV:LSIHOGDFKGHU:lOGHUXP HLQLJH0HWHUEHUUDJWHXQGVLFKGHVKDOEDOV%HREDFKWXQJVSODW]DQERW'DQDFK|IIQHWHQ VLHLKUH+HOPHXQGVFKDOWHWHQGLH(QHUJLHV\VWHPHLKUHU.DPSIDQ]JHDE ³(LQEDQDQHQI|UPLJHV5DXPVFKLII´VDJWH7HNHQHUQDFKGHQNOLFK³'LHVH)RUPLVW PLU Y|OOLJ XQEHNDQQW +DVW GX VFKRQ HLQPDO HWZDV EHU EDQDQHQI|UPLJH 5DXPVFKLIIH JHK|UW.HQ"´ ³*HVHKHQ´ 7HNHQHUZ|OEWHGLH%UDXHQ ³:DVKHLWµJHVHKHQ¶"´ ³,FK KDEH VFKRQ EDQDQHQI|UPLJH 5DXPVFKLIIH JHVHKHQ DOOHUGLQJV QXU LQ HLQHU $EHQWHXHUVHULHYRQ7ULYLGHR7HUUDQLD6LHKLH*HIDKUDXVGHUJUDXHQ*DOD[LV¶RGHUVR lKQOLFK´ ³'LH %HWUDFKWXQJ GLHVHV 0DFKZHUNV ZLUG KRIIHQWOLFK GHLQH JUDXHQ =HOOHQ QLFKW JHVFKlGLJWKDEHQ´JDE7HNHQHUYHUlUJHUW]XUFN³+DVWGXQLFKWV%HVVHUHV]XWXQDOV :LW]H ]X UHLHQ REZRKO ZLU YLHOOHLFKW NXU] YRU GHU $XIGHFNXQJ HLQHU ,QYDVLRQ XQEHNDQQWHU,QWHOOLJHQ]HQVWHKHQ"´ ³,FK JODXEH QLFKW DQ HLQH ,QYDVLRQ´ ZLGHUVSUDFK .HQQRQ ³1LFKW EHL HLQHP 5DXPVFKLIIYRQ]HKQ0HWHUQ/lQJHXQGYLHOOHLFKWDQGHUWKDOE0HWHUQ'XUFKPHVVHU´ (UVWUHFNWHGHQ$UPDXVXQGGHXWHWHQDFK:HVWHQ ³'DNRPPWHVKHUXQWHU´ 5RQDOG7HNHQHUIROJWHGHPDXVJHVWUHFNWHQ$UPPLWGHP%OLFN(UVDKHLQVLOEULJ VFKLPPHUQGHV NOHLQHV *HELOGH GDV VLFK ODQJVDP KHUDEVHQNWH 'LH )RUPYHUZDQGWVFKDIWPLWWHUUDQLVFKHQ%DQDQHQZDUJHUDGH]XYHUEOIIHQG 'DV6FKLIIODQGHWHY|OOLJODXWORVHWZDIQIKXQGHUW0HWHUYRP6WDQGRUWGHUEHLGHQ 8626SH]LDOLVWHQHQWIHUQWXQGVHW]WHPLWGHUQDFKDXHQJHZ|OEWHQ6HLWHDXI 7HNHQHU XQG .HQQRQ ODJHQ ]ZLVFKHQ GHQ )HOVEO|FNHQ XQG YHUPLHGHQ EHUIOVVLJH %HZHJXQJHQ $XIPHUNVDP YHUIROJWHQ VLH ZLH VLFK YLHU NOHLQH 6FKRWWH LQ GHP6FKLII|IIQHWHQ8QWHUGHVVHQJLQJLP2VWHQGLHNOHLQHURWH6RQQH&\VWRERUVDXI 'DQQVFKREHQVLFK5DPSHQDXVGHQ6FKRWWHQ.OHLQHPHWDOOLVFKEOLQNHQGH*HVWDOWHQ YHUOLHHQGDV6FKLIIXQGVWHOOWHQZLQ]LJH*HUlWHDXI$QHLQHU6WHOOHPRQWLHUWHQVLHHLQ %RKUJHVWHOO ³'DV VLQG 5RERWHU´ IOVWHUWH .HQQRQ ³:LQ]LJH 5RERWHU PLW VFKHLEHQI|UPLJHQ 5PSIHQ MHZHLOVHLQHU*OHLVNHWWHXQGGUHL$UEHLWVDUPHQ.HLQHUGHU5RERWHULVWJU|HU DOV]ZDQ]LJ=HQWLPHWHU´ ³9HUUFNW´ PXUPHOWH 7HNHQHU ³6LH VDPPHOQ %RGHQSUREHQ XQG QHKPHQ 9HUVXFKVERKUXQJHQ YRU (V VLHKW VR DXV DOV NlPHQ VLH YRQ HLQHP 1DFKEDUSODQHWHQ XQGVWHOOWHQZLVVHQVFKDIWOLFKH8QWHUVXFKXQJHQDQ´ ³-HGHQIDOOVVLHKWHVQLFKWVRDXVDOVJHK|UWHQVLH]XGHU0|UGHUEDQGH´PHLQWH .HQQRQ ³:HQQ QLFKW ZHJHQ GHV &\VWRERUV6\VWHPV VFKRQ VR YLHOH 9HUEUHFKHQ JHVFKHKHQZlUHQZUGHLFKMHW]WDXIVWHKHQXQGKLQEHUJHKHQ´ ³9LHOOHLFKWVSHNXOLHUHQGLH9HUEUHFKHUGDUDXI´EHUOHJWH7HNHQHU³8QGZHQQZLU QDKH JHQXJ VLQG EULQJHQ VLH GHQ .HUQWUHLEVWRII LQ GHQ 6FKLIIVWDQNV GXUFK )XQNLPSXOV
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
]XU([SORVLRQ´ 6LQFODLU0DURXW.HQQRQVFKWWHOWHEHGlFKWLJGHQ.RSI ³(V VFKHLQW GRFK NHLQH )DOOH ]X VHLQ 7HN 6LH UlXPHQ LKUH $XVUVWXQJ ZLHGHU IRUW XQG EHVWHLJHQ GDV 6FKLII :HQQ HV HLUH )DOOH IU XQV ZlUH ZUGHQ VLH OlQJHU ZDUWHQ´ 7HNHQHU VSlKWH VWLUQUXQ]HOQG ]X GHP EDQDQHQI|UPLJHQ 6FKLII KLQEHU 'DV 9HUKDOWHQ GHU .OHLQURERWHU ZDU LKP UlWVHOKDIW ,Q GHU NXU]HQ =HLW VHLW LKUHU /DQGXQJ NRQQWHQ VLH NHLQH DXIVFKOXUHLFKHQ %RKUXQJHQ YRUJHQRPPHQ KDEHQ ,KU 9HUKDOWHQ ZLUNWH LUJHQGZLH KHNWLVFK VR DOV ZlUHQ VLH XQIlKLJ VLFK IU OlQJHUH =HLW DXI HLQH EHVWLPPWH$UEHLW]XNRQ]HQWULHUHQ6LHKDVWHWHQLQLKU6FKLII]XUFN.XU]GDUDXIGUDQJ DXVGHU8QWHUVHLWHGHU³%DQDQH´JUHOOH*OXWGDQQKREGDV5DXPVFKLIIDEXQGVFKRLQ GHQ+LPPHO 7HNHQHUEOLFNWHLKPDXV]XVDPPHQJHNQLIIHQHQ$XJHQQDFK'DHUGLH+HLPILOWHU ZHJHQ GHU DXVJHVFKDOWHWHQ (QHUJLHV\VWHPH QLFKW DNWLYLHUHQ NRQQWH VDK HU QXU HLQHQ /LFKWNHJHO 'HU+DOEURERWHUGDJHJHQNRQQWHPLWGHUYHUVWHOOEDUHQ2SWLNVHLQHU9ROOSURWKHVH GDV NOHLQH 6FKLII GHXWOLFK VHKHQ 'HVKDOE VDK HU DXFK ZLH HV LQ HWZD IQI]HKQ .LORPHWHUQ +|KH ]X VFKOLQJHUQ EHJDQQ 'LH 7ULHEZHUNH DUEHLWHWHQ VWRZHLVH XQG VHW]WHQEDOGGDUDXIY|OOLJDXV .HQQRQSDFNWHGHQ)UHXQGEHLGHU6FKXOWHU ³)RUWYRQKLHU´ULHIHULKP]X³9ROOH%HVFKOHXQLJXQJ'LH%DQDQHVWU]WDE´ 5RQDOG7HNHQHUVWHOOWHNHLQH)UDJHQVRQGHUQJHKRUFKWHVFKZHLJHQG'LHEHLGHQ 8626SH]LDOLVWHQ VFKDOWHWHQ LKUH )OXJDJJUHJDWH KRFK XQG UDVWHQ PLW GHU K|FKVWHQ %HVFKOHXQLJXQJ GLH LQ HLQHU $WPRVSKlUH ZLH GHU YRQ +HPDOV GLFKW EHU GHP %RGHQ YHUWUHWEDUZDUGDYRQ $OV .HQQRQ GLH $NWLYLHUXQJ GHU ,QGLYLGXDOVFKLUPH HPSIDKO JHKRUFKWH 7HNHQHU DXFKGLHVPDORKQH)UDJHQ]XVWHOOHQ(UZXWHGDGHU+DOEURERWHUEHGHXWHQGPHKU ³VDK´ DOV HU XQG GLH DXIJHQRPPHQHQ ,QIRUPDWLRQHQ PLW +LOIH VHLQHU 0LNUR3RVLWURQLN EOLW]VFKQHOODXVZHUWHQNRQQWH :HQLJH 6HNXQGHQ QDFKGHP VLFK GLH +RFKHQHUJLHVSKlUHQ GHU ,QGLYLGXDOVFKXW]VFKLUPHXPGLH0lQQHUDXIJHEDXWKDWWHQ´VFKOXJGDVEDQDQHQI|UPLJH 5DXPVFKLIIPLWXQHUK|UWHU:XFKWQHEHQGHP:DOODXV)HOVEO|FNHQDXIXQG]HUEDUVW ,PQlFKVWHQ0RPHQWEOlKWHVLFKEHUGHU$XIVFKODJVWHOOHHLQHNQVWOLFKH6RQQH DXI 7HNHQHU XQG .HQQRQ OLHHQ VLFK DEVDFNHQ XQG ODQGHWHQ KLQWHU HLQHP IODFKHQ +JHO 'DGXUFK HQWJLQJHQ VLH GHU 'UXFNZHOOH XQG DOV GLH DQVFKOLHHQGH 6RJZHOOH NDPIORKHQVLHDXIGLHDQGHUH6HLWHGHV+JHOV ³=XIDOO RGHU $EVLFKW"´ PHLQWH 7HNHQHU QDFKGHP GLH %HJOHLWHUVFKHLQXQJHQ GHU H[SORVLYHQ.HUQIXVLRQVLFKDXVJHWREWKDWWHQ ³$EVLFKWOLFKHU =XIDOO VFKlW]H LFK´ DQWZRUWHWH .HQQRQ (U |IIQHWH GHQ +HOP VFKDOWHWH VHLQHQ +HOPIXQN DXV XQG EHGHXWHWH GHP )UHXQG GXUFK =HLFKHQ HV LKP QDFK]XWXQ ³1XU IDOOV MHPDQG XQVHUH )UHTXHQ] DEK|UW´ PHLQWH HU DOV 7HNHQHU $XVIKUXQJ PHOGHWH ³9LHOOHLFKW NRPPW GLU GHU $QVFKODJ GLOHWWDQWLVFK YRU 7HN DEHU ZHQQ GX EHGHQNVW GD HU GHP NRVPLVFKHQ *HQ9HUVDJHU .DQJRV 5DL]6HODVH XQG VHLQHPKDEJLHULJHQ9HWWHUJDOWVLHKWHVDQGHUVDXV:HULPPHUXQVHU*HJHQVSLHOHULVW HU VFKHLQW XQVHUH 0DVNHUDGH QLFKW GXUFKVFKDXW ]X KDEHQ GHQQ JHJHQ 862 6SH]LDOLVWHQKlWWHHUVLFKHWZDVPHKUDQJHVWUHQJW´
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
³+RIIHQWOLFK KDW HU VLFK EHL XQVHUHQ GUHL YHUPLWHQ .ROOHJHQ QLFKW ]X VHKU DQJHVWUHQJW´ HUZLGHUWH 5RQDOG 7HNHQHU GVWHU ³,FK KDEH HLQ JDQ] GXPPHV *HIKO ZHQQLFKDQVLHGHQNH%HHLOHQZLUXQVGDPLWZLUEDOG]XP.DSGHUQHXQ]HKQ.OLSSHQ NRPPHQ´ ³=ZHL 'ULWWHO GHU 6WUHFNH KDEHQ ZLU ]XUFNJHOHJW´ VDJWH .HQQRQ QDFKGHP VLH JHVWDUWHWZDUHQXQGGHQ.XUVHLQJHULFKWHWKDWWHQ 5RQDOG7HNHQHUVDJWHQLFKWVGD]X(UJUEHOWHZLHGHUGDUEHUQDFKZHUVRVHKU GDUDQLQWHUHVVLHUWVHLQNRQQWHGDGDV&\VWRERUV6\VWHPQLFKWNRORQLVLHUWZXUGHGD HU 0|UGHUNRORQQHQ HLQVHW]WH $WWHQWDWH DXI IKUHQGH 3HUV|QOLFKNHLWHQ GHV 6RODUHQ ,PSHULXPV YHUEHQ OLH DXI +HPDOV :LUEHOVWUPH HQWIHVVHOWH XQG GHQ ]XIlOOLJHQ $EVWXU]HLQHV5DXPVFKLIIHVYRUWlXVFKWH ³8QVHUH GUHL YHUPLWHQ .ROOHJHQ VLQG PHQWDOVWDELOLVLHUW QLFKW ZDKU"´ IUDJWH GHU +DOEURERWHUQDFKHLQHU:HLOH ³0DMRU 7KUHHJR XQG &DSWDLQ 'XQMHZ MD´ DQWZRUWHWH 7HNHQHU ³&DSWDLQ *XUP QLFKWDEHUHULVWYRQ;W\O´ ³5LFKWLJ ;W\OJHERUHQH VLQG YRQ 1DWXU DXV LPPXQ JHJHQ SDUDSV\FKLVFKH XQG SDUDPHFKDQLVFKH %HHLQIOXVVXQJ /HLGHU HLJQHQ VLFK QXU ZHQLJH ;W\OV IU GLH 7lWLJNHLW DOV8626SH]LDOLVWZHLOGLHPHLVWHQSV\FKLVFKLQVWDELOVLQG²+PGDQQIUDJHLFKPLFK ZLHVLFKGDVVHOWVDPH9HUKDOWHQXQVHUHU.ROOHJHQHUNOlUHQOlW(UVWVLW]HQVLHQDFKGHU /DQGXQJ VWXQGHQODQJ EHZHJXQJVORV LQ LKUHP *OHLWHU GDQQ ODXIHQ VLH ]LHOORV KLQ XQG KHU 6FKOLHOLFK PDFKW VLFK HLQHU YRQ LKQHQ DXI YHUGlFKWLJH :HLVH DP *OHLWHU ]X VFKDIIHQXQGZLUGYRQHLQHPGHUDQGHUHQEHLGHQRIIHQEDUSDUDO\VLHUW´ ³'DUEHU KDEH LFK DXFK VFKRQ QDFKJHGDFKW´ HUZLGHUWH 7HNHQHU ³,FK NDQQ PLU GDV 9HUKDOWHQ XQVHUHU .ROOHJHQ QXU VR HUNOlUHQ GD VLH SDUDSV\FKLVFKH %HIHKOVLPSXOVH JHVSUW KDEHQ XQG WHLOZHLVH JHKRUFKWHQ XP GHP *HJQHU JODXEHQ ]X PDFKHQ VLH ZlUHQ VR GXUFKHLQDQGHUJHEUDFKW GD VLH NHLQH *HIDKU PHKU IU LKQ GDUVWHOOWHQ´ ³'DV NOLQJW ORJLVFK´ PHLQWH .HQQRQ ³$EHU LFK JODXEH QLFKW GD HV GLH ULFKWLJH $QWZRUW LVW hEHUOHJHQ ZLU HLQPDO RE GLH 8QEHNDQQWHQ *HOHJHQKHLW KDWWHQ GLH 9HUPLWHQ DXI NRQYHQWLRQHOOH $UW ]X EHHLQIOXVVHQ EHLVSLHOVZHLVH PLW GHU JXWHQ DOWHQ =XVSUXFK+\SQRVH´ ³1DWUOLFK KDWWHQ VLH HLQH VROFKH *HOHJHQKHLW´ ULHI 7HNHQHU HUUHJW ³1DFK GHQ (LQVDW]DQZHLVXQJHQZDUHQXQVHUH.ROOHJHQYHUSIOLFKWHWZlKUHQGGHV$XIHQWKDOWHVDXI +HPDOVODXIHQGGLH1RUPDOXQG+\SHUIXQNIUHTXHQ]HQDE]XVXFKHQ'DEHLNRQQWHQVLH GXUFK UDIILQLHUW DXVJHNOJHOWH DNXVWLVFKH 6LJQDOJUXSSHQ K\SQRWLVLHUW ZHUGHQ ZDV EHVRQGHUV OHLFKW JHZHVHQ VHLQ PX ZHLO MHZHLOV QXU HLQHU YRQ LKQHQ GLH )UHTXHQ]HQ DEK|UWXQGGDEHLGXUFKHLQH$EK|UKDXEHYRQGHU8PZHOWLVROLHUWLVW´ ³'DV N|QQWH DXFK GDV 9HUKDOWHQ YRQ 7DFK\[ HUNOlUHQ´ HUJlQ]WH .HQQRQ ³'LH 8QEHNDQQWHQ ZROOWHQ GLH 0DVFKLQH EHVHLWLJHQ ZHLO LQ LKU HLQ 26*HUlW LQVWDOOLHUW LVW IROJOLFK HUWHLOWHQ VLH HLQHP GHU 9HUPLWHQ XQWHU +\SQRVH GHQ VXJJHVWLYHQ %HIHKO 7DFK\[]X]HUVW|UHQ'LH0DVFKLQHHQWJLQJGHPHUVWHQ$QVFKODJXQG]RJVLFKGDQDFK ]XUFNXPGHP'ULWWHQ*HVHW]GHU5RERWLN]XJHKRUFKHQ´ ³(LQ5RERWHUPXVHLQHHLJHQH([LVWHQ]VFKW]HQVRODQJHGLHVHVVHLQ+DQGHOQ QLFKWGHP(UVWHQRGHU=ZHLWHQ*HVHW]ZLGHUVSULFKW´]LWLHUWH5RQDOG7HNHQHUGDV'ULWWH *HVHW]GHU5RERWLN³'LHVHV*HVHW]ZLUGDOVRQXUEHIROJWZHQQGDGXUFKNHLQ0HQVFK YHUOHW]W ZLUG RGHU GXUFK 8QWlWLJNHLW ]X 6FKDGHQ NRPPHQ NDQQ DXHUGHP GDUI HV
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
NHLQHP %HIHKO GHU :HLVXQJVEHUHFKWLJWHQ ZLGHUVSUHFKHQ HV VHL GHQQ VROFKH %HIHKOH N|QQWHQ0HQVFKHQVFKDGHQ0HLQVWGXQLFKWDXFK.HQGDGDV9HUKDOWHQYRQ7DFK\[ QLFKWJDQ]NRUUHNWZDU"´ ³'HUDUWLJH 0DVFKLQHQ YHUKDOWHQ VLFK QLHPDOV JDQ] NRUUHNW¶ HUZLGHUWH GHU +DOEURERWHUPLWHLQHU6SXUYRQ7ULXPSKLQGHU6WLPPH³6LHVWHOOHQIUGLH0HQVFKKHLW HKHU HLQH %HODVWXQJ DOV HLQH +LOIH GDU ,FK ELQ VLFKHU GD HV QLFKW LP 6LQQH GHU 9HUPLWHQODJGDVLFK7DFK\[HQWIHUQWH´ ³,PPHUKLQZDUHUYHUSIOLFKWHWVHLQHHLJHQH([LVWHQ]]XVFKW]HQ´ ³1LFKW JHJHQ GHQ :LOOHQ HLQHV ZHLVXQJVEHUHFKWLJHQ 0HQVFKHQ 7HN 'HU 0HQVFK PX MHGHU]HLW GDV 5HFKW KDEHQ GHUDUWLJH 0DVFKLQHQ ]X ]HUVW|UHQ XQG VLH GUIHQVLFKGHPQLFKWHQW]LHKHQ´ ³'XKDVW]ZDUUHFKW¶VDJWH7HNHQHU³DEHUGDVGDUIQLFKWVRZHLWJHKHQGDGX GDV .RQVHUYHQGRVHQNDS VSlWHU VLHKVW DOV LFK 'RUW OLHJW HV´ (U VWUHFNWH GHQ $UP DXV XQG]HLJWHQDFKYRUQ ,Q XQJHIlKU YLHU .LORPHWHUQ (QWIHUQXQJ ODJ GHU 6GZHVW]LSIHO GHV 6GSRONRQWLQHQWV HLQH KRKH IHOVLJH 6WHLONVWH²XQG YRU GHU /DQGVSLW]H UDJWHQ QHXQ]HKQ WUDXEHQI|UPLJ JUXSSLHUWH VFKZDU]H .OLSSHQ DXV GHP 0HHU GDV ]ZLVFKHQ LKQHQEURGHOWHXQGVFKlXPWH 'DV.DSGHUQHXQ]HKQ.OLSSHQ 'LHEHLGHQ8626SH]LDOLVWHQVXFKWHQGLH8PJHEXQJQDFK6SXUHQPHQVFKOLFKHU $NWLYLWlWHQDEVLHNUHLVWHQEHUGHQQHXQ]HKQ)HOVHQWUPHQXQGRUWHWHQ 2KQH(UJHEQLV 9RQGHQGUHL9HUPLWHQZDUNHLQH6SXU]XHQWGHFNHQ %LV6LQFODLU0DURXW.HQQRQPLWVHLQHPDXVJHNOJHOWHQRSWLVFKHQ6\VWHPDXIGHU lXHUVWHQ.OLSSHHLQH:HLFKPHWDOOSODVWLNIDVHUVDKGLHDQGHP5DQGHLQHU+|KOHKLQJ ZLHHVVLHLQMHGHU.OLSSHJDE )URK QDFK GHU ODQJHQ 6XFKH HQGOLFK HLQHQ QHXHQ $QKDOWVSXQNW JHIXQGHQ ]X KDEHQ ODQGHWHQ GLH EHLGHQ 6SH]LDOLVWHQ DXI GHP )HOVYRUVSUXQJ XQWHUKDOE GHU +|KOH 6LHZDUHQHQWVFKORVVHQGLH6SXUQLFKWZLHGHU]XYHUOLHUHQ'HVKDOE]|JHUWHQVLHQLFKW DOV .HQQRQ IHVWVWHOOWH GD GLH $JJUHJDW7RUQLVWHU LKUHU .DPSIDQ]JH VLH GDUDQ KLQGHUWHQLQGLH+|KOHHLQ]XGULQJHQ6LHOHJWHQGLH*HUlWHPLWVDPWGHU0RQWDJHSODWWH DEEHIHVWLJWHQVLHDP)HOVXQGNURFKHQLQGLH+|KOHKLQHLQ 'HU *DQJ ZDU VHKU HQJ XQG IKUWH VFKUlJ QDFK XQWHQ 5RQDOG 7HNHQHU KDWWH 0KHQLFKWDXIGHQ+DOEURERWHU]XUXWVFKHQGHUVLFKYRULKPGXUFKGLH+|KOH]ZlQJWH 3O|W]OLFKVWLHHUJHJHQ.HQQRQV6WLHIHO ³:DV´EHJDQQHU 'HU+DOEURERWHUXQWHUEUDFKLKQ ³6WLOO -HPDQG KDW HEHQ XQVHUH $JJUHJDW7RUQLVWHU JHVWRKOHQ 7HN :LU VLQG DXI HLQHQSV\FKRORJLVFKVHKUJHVFKLFNWDXVJHOHJWHQ.|GHUKHUHLQJHIDOOHQ´ 7HNHQHUSUHWHGLH/LSSHQ]XVDPPHQ ³:RLVWGHU'LHE"´IUDJWHHUPLWYHUlQGHUWHU6WLPPH ³)RUW $OV HU VWDUWHWH NDP HLQH JHULQJH 6WUHXVWUDKOXQJ GXUFK VHLQHQ $QWL2UWXQJVVFKLUP KLQGXUFK (V KDQGHOW VLFK RIIHQEDU XP GLH JOHLFKH 3HUVRQ GLH XQVHUHQ*OHLWHU]HUVW|UWKDW´ 5RQDOG 7HNHQHU KROWH WLHI /XIW GDQQ DUEHLWHWH HU VLFK PLW YHUELVVHQHU :XW UFNZlUWVDXVGHU+|KOH'LHEHLGHQ$JJUHJDW7RUQLVWHUZDUHQYHUVFKZXQGHQDEHUDQ
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
HLQHPGHU+DNHQDQGHQHQVLHEHIHVWLJWJHZHVHQZDUHQKLQJHLQ6WFN0DJQHWIROLH ³:DV VWHKW GDUDXI"´ IUDJWH .HQQRQ GHU VLFK VFKODQJHQJOHLFK DXV GHU +|KOH JHZXQGHQXQGGLH)ROLHVRIRUWHQWGHFNWKDWWH 7HNHQHUVFKOXFNWHXQGODV ³0U.DQJRV5DL]6HODVHXQG0U'DPDUNXV6HOH\WHVLVWVLFKHUHUIU6LHZHQQ 6LHDQHLQHP2UWGLHVHV3ODQHWHQEOHLEHQELVHLQWHUUDQLVFKHV5DXPVFKLII6LHDEKROW 'HVKDOE KDEH LFK 6LH ,KUHU )RUWEHZHJXQJVPLWWHO EHUDXEW %LWWH YHUVXFKHQ 6LH QLFKW ]XP)HVWODQG]XVFKZLPPHQ6LHZUGHQHVNDXPVFKDIIHQXQGZHQQGDQQHUZDUWHQ 6LH DXI GHP .RQWLQHQW VFKUHFNOLFKH *HIDKUHQ )DOOV LFK ,KQHQ VRQVW LUJHQGZLH KHOIHQ NDQQPHOGHQ6LHVLFKELWWHEHU+HOPIXQNDXIIROJHQGHU)UHTXHQ]´ ³(QWKlOWGLH)ROLHDXFKHLQH8QWHU6FKULIW"´IUDJWH.HQQRQPLWHU]ZXQJHQHU5XKH ³-D´HUZLGHUWH7HNHQHUXQGHUZXWHQLFKWREHUODFKHQRGHUZHLQHQVROOWH³GLH 0LWWHLOXQJZXUGHYRQ7DFK\[YHUIDW´ (VGDXHUWHHLQLJH=HLWELV.HQQRQV6FKLPSIZRUWUHSHUW|LUHHUVFK|SIWZDU 1DFK JUQGOLFKHP $EZlJHQ GHV )U XQG :LGHU HQWVFKORVVHQ VLFK GLH EHLGHQ 8626SH]LDOLVWHQ )XQNNRQWDNW PLW 7DFK\[ DXI]XQHKPHQ 1DWUOLFK KlWWH .HQQRQ PLW GHP )OXJDJJUHJDW VHLQHU 9ROOSURWKHVH IDVW HEHQVRJXW IOLHJHQ N|QQHQ ZLH PLW GHP )OXJDJJUHJDW VHLQHV .DPSIDQ]XJHV²XQG HV ZlUH QLFKW DOO]X VFKZLHULJ JHZHVHQ 7HNHQHU PLW]XQHKPHQ² DEHU GDQQ KlWWH GHU 5RERWHU JHPHUNW GD HV VLFK EHL GHQ EHLGHQ0lQQHUQQLFKWXP.DQJRV5DL]6HODVHXQGVHLQHQ9HWWHUKDQGHOQNRQQWH 'HU 6SH]LDOURERWHU PHOGHWH VLFK VRIRUW DOV 5RQDOG 7HNHQHU LKQ DXI GHU DQJHJHEHQHQ)UHTXHQ]DQULHI ³+LHU VSULFKW 5DL]6HODVH´ HUNOlUWH 7HNHQHU QlVHOQG ³,FK PX GRFK GULQJHQG GDUXP ELWWHQ GHUDUWLJH 6FKHU]H ]X XQWHUODVVHQ 0U 7DFK\[ )DOOV 6LH QRFK QLFKW ZLVVHQZHOFKHQ(LQIOXPHLQ.RQ]HUQJHOWHQGPDFKHQNDQQ´ ³9HU]HLKXQJ 6LU´ XQWHUEUDFK LKQ GHU 5RERWHU ³*HVWDWWHQ 6LH GD LFK HLQHQ ,UUWXPNRUULJLHUH,FKELQ7DFK\[HLQ6SH]LDOURERWHUYRP7\S81,52%,9XQGJHKRUFKH SULPlUQXUGHQGUHL$VLPRYVFKHQ*HVHW]HQGHU5RERWLN ,FKELQZHGHULQGHU/DJH]X VFKHU]HQQRFK3UHVVLRQHQQDFK]XJHEHQ=X'LHQVWHQ6LU´ ³=X'LHQVWHQ6LU´K|KQWH6LQFODLU0DURXW.HQQRQDOLDV'DPDUNXV6HOH\W³:HQQ GLHVH %OHFKUDVVHO XQV WDWVlFKOLFK µ]X 'LHQVWHQ´ VHLQ ZROOWH ZUGH VLH XQV GLH )OXJDJJUHJDWH]XUFNEULQJHQ´ ³9HU]HLKXQJ 6LU´ HUZLGHUWH 7DFK\[ ³,FK QHKPH DQ VRHEHQ KDW 0U 6HOH\W JHVSURFKHQ0U6HOH\W6LHXQWHUOLHJHQHLQHPVFKZHUHQ,UUWXP ZHQQ6LHPHLQHQLFK ZlUH,KQHQ]X'LHQVWHQVRIHUQLFKPHLQH+DQGOXQJHQQDFK,KUHP:LOOHQDXVULFKWH,FK ELQ 0HQVFKHQ QXU GDQQ ]X 'LHQVWHQ ZHQQ LFK VLH YRU 6FKDGHQ EHZDKUH ,QGHP LFK ,KQHQ,KUH)OXJDJJUHJDWHHQW]RJEHZDKUWHLFK6LHGDYRUVLFKDXIGHP)HVWODQGLQGLH %OHLFKH*HIDKU]XEHJHEHQLQGHUGLHPLUJHJHQEHUZHLVXQJVEHUHFKWLJWHQ3HUVRQHQ VFKZHEHQ´ .HQQRQZROOWHDXIEHJHKUHQGRFK5RQDOG7HNHQHUVFKWWHOWHGHQ.RSIXQGOHJWH GHQ=HLJHILQJHUDQGLH/LSSHQ'DQQUlXVSHUWHHUVLFKXQGVDJWH ³1XQK|UHPLUHLQPDOJXW]X7DFK\[:LUKDEHQGDVHOHNWURQLVFKH/RJEXFKGHU
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
8626SDFH-HW DEJHK|UW XQG ZLVVHQ GD GUHL 6SH]LDOLVWHQ GHU 862 VLFK DXI GLHVHP 3ODQHWHQEHILQGHQXQGGDVLHZDKUVFKHLQOLFKLQ*HIDKUVLQG 'D GLH &RVPLF 9DFDWLRQ &RPSDQ\ VHKU JURHV ,QWHUHVVH DQ GHU .RORQLVLHUXQJ GHV &\VWRERUV6\VWHPV XQG YRU DOOHP GHV 3ODQHWHQ +HPDOV KDW P|FKWH LFK PLW GHU 862 ]XVDPPHQDUEHLWHQ 'X KDVW GDV GXUFK GLH (QWZHQGXQJ GHU )OXJDJJUHJDWH YHUKLQGHUWXQGGXYHUKLQGHUVWGDGXUFKHEHQIDOOVGDZLUGHQ8626SH]LDOLVWHQ]X+LOIH NRPPHQ´ ³9HU]HLKXQJ 6LU´ HQWJHJQHWH GHU 5RERWHU ³6LH VLQG QLFKW LQ GHU /DJH 6LWXDWLRQHQ]XPHLVWHUQPLWGHQHQVHOEVW8626SH]LDOLVWHQQLFKWIHUWLJZHUGHQ´ ³+D´ PDFKWH 7HNHQHU ³'X KDVW NHLQH $KQXQJ ZDV IU HLQ JURHU 0HLVWHU LFK ELQ²VRZDKU7DHIGXLP6FKlFKWHOFKHQYHUZDKUWLVW´ ,P(PSIDQJVWHLOGHV+HOPWHOHNRPVNOLFNWHHVHLQLJH0DOHGDQQIUDJWH7DFK\[ ³9HU]HLKXQJ6LUZHURGHUZDVLVW7DHIGX²XQGZHVKDOEPXHURGHUHVLQHLQHU NOHLQHQ6FKDFKWHOYHUZDKUWZHUGHQ"´ ³7DHIGX LVW 7DHIGX´ HUNOlUWH GHU 6SH]LDOLVW LP QlVHOQGHQ 7RQIDOO GHV +DJEXU(UEHQXQGNRVPLVFKHQ*HQ9HUVDJHUV³XQGHLQ5RERWHULVWHLQ5RERWHU'DGX HLQ5RERWHUELVWKDVWGXGHQ*HVHW]HQGHU5RERWLN]XJHKRUFKHQ,QGHPLFKPLFKDXI *HVHW] =ZHL EH]LHKH GDV GLH *HKRUVDPVSIOLFKW GHU 5RERWHU JHJHQEHU 0HQVFKHQ IHVWOHJWEHIHKOHLFKGLUXQVXQVHUH)OXJDJJUHJDWHXQYHU]JOLFK]XUFN]XEULQJHQ´ ³9HU]HLKXQJ 6LU´ HUZLGHUWH 7DFK\[ ³DEHU ZHQQ LFK GLHVHQ %HIHKO EHIROJWH ZUGHLFKJHJHQGDV(UVWH*HVHW]YHUVWRHQ:DVNDQQLFKVRQVWIU6LHWXQ"´ ³=XHUVWHLQPDOHLQH)UDJHEHDQWZRUWHQ+DVWGXXQVHUHQ*OHLWHU]HUVW|UW"´ ³-D6LU´ ³:DUXP"´ ³:HLO LFK ]X GLHVHP =HLWSXQNW ZXWH GD GHU YRQ PLU JHOHJWH +LQZHLV 6LH JU|WHU *HIDKU DXVVHW]HQ ZUGH IDOOV 6LH LKP QDFKJLQJHQ 'HVKDOE ZROOWH LFK GHQ (LQGUXFNHUZHFNHQDOVKlWWHMHPDQGHLQHIDOVFKH6SXUJHOHJW´ ³$KD´ PDFKWH 7HNHQHU XQG EOLQ]HOWH GHP )UHXQG ]X ³'X KDVW GDEHL RIIHQEDU YHUJHVVHQ GD 0HQVFKHQ HJHOPlLJ 1DKUXQJ ]X VLFK QHKPHQ PVVHQ²XQG XQVHUH JDQ]H9HUSIOHJXQJEHIDQGVLFKLQGHP*OHLWHU´ ³'DVWXWPLUOHLG6LU´ ³(V VROO GLU DXFK OHLG WXQ 'RFK GX NDQQVW GLHVHQ )HKOHU NRUULJLHUHQ LQGHP GX XQV/HEHQVPLWWHODXVGHU6SDFH-HWGHUGUHL8626SH]LDOLVWHQEHVFKDIIVW´ ³'DV LVW QLFKW VR OHLFKW ZLH 6LH VLFK GDV YRUVWHOOHQ 6LU´ JDE GHU 5RERWHU ]X EHGHQNHQ³6LHXQG,KU%HJOHLWHUJHK|UHQQLFKW]XU862IROJOLFKVWHKHQ6LHDXFKQLFKW DXIGHU9HUSIOHJXQJVOLVWHGLHVHU2UJDQLVDWLRQ,FKPWHGLH+HUDXVJDEH862HLJHQHU /HEHQVPLWWHODQ6LHDOV*HVFKHQNYHUEXFKHQDEHUHLQ5RERWHUGDUIGDV(LJHQWXPYRQ 0HQVFKHQQLFKWYHUVFKHQNHQ´ ³:DUXP YHUEXFKVW GX HV QLFKW HLQIDFK DOV +LOIHOHLVWXQJ IU JHVWUDQGHWH %UJHU GHV6RODUHQ,PSHULXPV¶"´ ³$N]HSWLHUW 6LU´ PHLQWH 7DFK\[ ³*HVWDWWHQ 6LH HLQH %HPHUNXQJ GLH HLQH :HUWXQJPHQVFKOLFKHU3HUVRQHQHQWKlOW6LU"´ ³:DUXPQLFKW'DQQZHUWHHLQPDO7DFK\[´ ³6LU HV VFKHLQW PLU DOV EHVWQGH GHU DEZHUWHQGH 6LQQJHKDOW GHU %H]HLFKQXQJ NRVPLVFKHU*HQ9HUVDJHU¶QLFKWLQMHGHP)DOO]X5HFKW´ 5RQDOG7HNHQHUJULQVWH
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
³'DQNHIUGDV.RPSOLPHQW$EHUQXQEHHLOHGLFKXQGKROHXQVHWZDV]XHVVHQ :LUVLQGDP9HUKXQJHUQ7DFK\[´ ³,FK VWDUWH VRIRUW XQG ZHUGH LQ HWZD VHFKV 6WXQGHQ ]XUFN VHLQ´ VDJWH GHU 6SH]LDOURERWHU 'LH EHLGHQ 6SH]LDOLVWHQ VFKDOWHWHQ LKUH +HOPIXQNJHUlWH DE XQG VDKHQ VLFK EHGHXWXQJVYROODQ ³'DV ZDU HLQH JXWH ,GHH YRQ GLU 7HN´ PHLQWH GHU +DOEURERWHU ³,FK KDEH HEHQ VFKZDFKH (PLVVLRQHQ DXIJHIDQJHQ GLH EHLP 6WDUW YRQ 7DFK\[ GXUFK GHQ $QWL2UWXQJVVFKLUPNDPHQ,Q]HKQ0LQXWHQN|QQHQZLUDXIEUHFKHQRKQHEHIUFKWHQ]X PVVHQGDHUHWZDVGDYRQPHUNW´ 7HNHQHU OlFKHOWH KROWH HLQHQ .RQ]HQWUDWULHJHO KHUYRU XQG VFKRE LKQ LQ GHQ 0XQG (U VSOWH GHQ OHW]WHQ %LVVHQ PLW GHU GXUVWVWLOOHQGHQ YLWDPLQLHUWHQ XQG PLW 0LQHUDOVWRIIHQ DQJHUHLFKHUWHQ )OVVLJNHLW DXV GHU 7ULQNIODVFKH GHV .DPSIDQ]XJHV KLQXQWHUEOLFNWHDXIVHLQHQ$UPEDQG&KURQRJUDSKHQXQGVDJWH ³/RV EUHFKHQ ZLU DXI .HQ ,FK NDQQ QLFKW OlQJHU ZDUWHQ :HU ZHL ZHOFKHQ *HIDKUHQGLHGUHL.ROOHJHQDXVJHVHW]WVLQG´ 6LQFODLU 0DURXW .HQQRQ QLFNWH GDQQ YHUlQGHUWH VLFK VHLQH 0LHQH (V VDK DXV DOVODXVFKWHHULQVLFKKLQHLQ1DFKHLQLJHU=HLWKREHUGLH+DQG ³,FK VFKODJH YRU ZLU YHUVFKLHEHQ XQVHUHQ 6WDUW QRFK ,FK IDQJH GHQ 7HOHNRPYHUNHKU ]ZLVFKHQ ]ZHL 5DXPVFKLIIHQ DXI GLH VLFK GHP 3ODQHWHQ +HPDOV QlKHUQ $P EHVWHQ VFKDOWHVW GX DXI IROJHQGHQ )UHTXHQ]EHUHLFK ´ HU QDQQWH VHLQHP 3DUWQHUHLQHQ)UHTXHQ]EHUHLFK 5RQDOG7HNHQHUVFKDOWHWHVHLQHQ+HOPWHOHNRPHLQXQGEHWlWLJWHGHQ(LQVWHOOHU ³ VWLPPW .LVJXO 'LH 0HOGXQJ NDP VRHEHQ DXI GHU JHKHLPHQ +\SHUIUHTXHQ] GXUFK 'HU +RKH %UJHUPHLVWHU 0RUURZ LVW KHXWH PRUJHQ EHL GHU 7DXIH HLQHV 6LHGOHUVFKLIIHVHUPRUGHWZRUGHQ´ 'LH 6SH]LDOLVWHQ VDKHQ VLFK EHGHXWXQJVYROO DQ 'HU 1DPH 0RUURZ ZDU LKQHQ HEHQVR EHNDQQW ZLH GHU $PWVWLWHO ³+RKHU %UJHUPHLVWHU´ 'LHVHQ 7LWHO WUXJ LP .RORQLDOV\VWHP 3DVFKWURQ%HWD GHU 6\VWHP$GPLQLVWUDWRU XQG GHU .RORQLDOWHUUDQHU 9LQFR0RUURZKDWWHGLHVHQ7LWHOJHWUDJHQ0RUURZZDULQOHW]WHU=HLWEHVRQGHUVGDGXUFK EHL GHU 862 EHNDQQW JHZRUGHQ GD HU HLQ ULJRURVHV $XVVLHGOXQJVSURJUDPP YHUIRFKWHQ KDWWH ,P 3DVFKWURQ%HWD6\VWHP OLH VLFK QXU GHU 3ODQHW (U\JRQ RKQH JU|HUH 6FKZLHULJNHLWHQ EHVLHGHOQ XQG GHU ZDU QDFK $XIIDVVXQJ VHLQHU %HZRKQHU EHUY|ONHUW9RUGUHL:RFKHQKDWWHGHU+RKH%UJHUPHLVWHU0RUURZGLH)RUGHUXQJDQ GLH6RODUH*URDGPLQLVWUDWLRQDXI7HUUDJHVWHOOWGHQ3ODQHWHQ+HPDOV]XU%HVLHGOXQJ GXUFK$XVZDQGHUHUYRQ(U\JRQIUHL]XJHEHQ 8QGQXQZDUHUHUPRUGHWZRUGHQ ³$OVRVWLPPHQGLH*HUFKWHGRFK´HUZLGHUWHGHU*HVSUlFKVSDUWQHUGHV0DQQHV QDPHQV .LVJXO ³GD MHGHU GHU IU GLH .RORQLVLHUXQJ GHV &\VWRERUV6\VWHPV HLQWULWW IUKHU RGHU VSlWHU XPJHEUDFKW ZLUG 8QWHU GLHVHQ 8PVWlQGHQ VROOWHQ ZLU EHVVHU QDFK (U\JRQ]XUFNIOLHJHQ´ .LVJXOODFKWHWURFNHQ ³'D NHQQVW GX &RPPDQGHU %ULFNZDLW VFKOHFKW 6KRRWV (U KDW DQJHRUGQHW GD GDV8QWHUQHKPHQ5|VVHOVSUXQJZLHJHSODQWGXUFKJHIKUWZHUGHQVROO(LQHQ0RPHQW VRHEHQHUNHQQHLFKDQGHQGXUFKODXIHQGHQ,QWHUNRPJHVSUlFKHQGDZLU]XU/DQGXQJ DQVHW]HQ,KUZHUGHWMDLQGHU.UHLVEDKQDEZDUWHQZDVJHVFKLHKW´
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
³:DVVROOVFKRQJHVFKHKHQ.LVJXO´PHLQWH6KRRWV³0DQNDQQHLQHQHLQ]HOQHQ 0HQVFKHQ HUPRUGHQ RGHU DXFK PHKUHUH 3HUVRQHQ DEHU QLFKW HLQ JDQ]HV 5DXPVFKLII YROOHU7HVWNRORQLVWHQ´ ³'DKDVWGXUHFKW,FKEHNRPPHMHW]WYLHO]XWXQ%LVVSlWHU6KRRWV´ ³'LHVH 1DUUHQ´ VFKLPSIWH GHU +DOEURERWHU PLW OHLVHU EHKHUUVFKWHU 6WLPPH ³:DKUVFKHLQOLFK JLEW HV QLFKW JHQJHQG 0|UGHU DXI +HPDOV XP DOOH JHODQGHWHQ .RORQLVWHQJOHLFK]HLWLJXP]XEULQJHQ$EHUVLHN|QQHQVLHQDFKHLQDQGHUW|WHQ´ ³%UHFKHQZLUDXI´IRUGHUWH7HNHQHU³,FKZHUGHVHOWHQQHUY|VDEHUGLHVPDOELQ LFKHV,FKZROOWHZLUKlWWHQGLH9HUPLWHQVFKRQJHIXQGHQ´ (UKLHOWVLFKDQGHQ.UHX]JXUWHQYRQ.HQQRQV.DPSIDQ]XJIHVW'HU+DOEURERWHU KRE VDQIW DE XQG VFKZHEWH EHU GLH YRP 0HHU XPWRVWHQ )HOVNOLSSHQ ]XP )HVWODQG 'DEHLVFKDOWHWHHUGDV26*HUlWHLQGDV7DFK\[LKQHQJHODVVHQKDWWHZHLOHUVLHDXI GHUlXHUHQ.OLSSHVLFKHUYHUZDKUWJODXEWH 1DFKGHPVLHIDVWHLQH6WXQGHODQJNUHX]XQGTXHUJHIORJHQZDUHQHQWGHFNWHQ GLH EHLGHQ 6SH]LDOLVWHQ HQGOLFK HLQH =HLWVSXU LKUHU .ROOHJHQ 7KUHHJR 'XQMHZ XQG *XUP ZDUHQ DXI HLQHU NOHLQHQ ,QVHO PLWWHQ LQ HLQHU YHUVXPSIWHQ (EHQH JHODQGHW XQG KDWWHQ RIIHQEDU HLQH 3DQQH LKUHV *OHLWHUV EHKREHQ 'DQDFK ZDUHQ VLH LQ 5LFKWXQJ 2VWHQ ZHLWHUJHIORJHQ DEHU LQ ZHQLJHQ =HQWLPHWHUQ +|KH JHEOLHEHQ ZDV DXI GHQ $XVIDOOZLFKWLJHU$QWULHEVVHNWLRQHQKLQGHXWHWH 'LH EHLGHQ 0lQQHU IROJWHQ GHU 6SXU XQG IDQGHQ HLQH KDOEH 6WXQGH VSlWHU GHQ 862*OHLWHU(UODJKDOEXPJHNLSSWDXIGHP.DGDYHUHLQHVDQQlKHUQGHOHIDQWHQJURHQ VHFKVEHLQLJHQ 7LHUHV =DKOUHLFKH 6SXUHQ LP ]HUWUDPSHOWHQ 6DYDQQHQJUDV EHZLHVHQ GD GLH GUHL 9HUPLWHQ PLW LKUHP *OHLWHU LQ GLH 6WDPSHGH HLQHU 7LHUKHUGH JHUDWHQ ZDUHQ 'HU 2EMHNW6SlW]HLFKQHU KROWH %LOGHU ³DXV GHU 9HUJDQJHQKHLW´ DXI GHQHQ ]X VHKHQ ZDU ZLH GLH 9HUPLWHQ PLW +LOIH LKUHU )OXJDJJUHJDWH VWDUWHWHQ XQG VLFK QDFK 1RUGHQZDQGWHQ ³,FK ZHWWH GLHVH 6WDPSHGH ZXUGH JHQDXVR NQVWOLFK KHUYRUJHUXIHQ ZLH GLH EHLGHQ:LUEHOVWUPH´PHLQWH7HNHQHU $OV .HQQRQ QLFKWV GD]X VDJWH EOLFNWH HU VHLQHQ )UHXQG YHUZXQGHUW DQ 'HU +DOEURERWHUPHUNWHHVXQGEHGHXWHWH7HNHQHUGXUFK+DQG]HLFKHQDE]XZDUWHQ (LQLJH6HNXQGHQVSlWHUVDJWH.HQQRQ ³'DV JHODQGHWH .RORQLVWHQVFKLII YRQ (U\JRQ LVW H[SORGLHUW 7HN 0HLQH 2UWXQJVJHUlWH UHJLVWULHUWHQ ]XHUVW HLQH VWDUNH WKHUPRQXNOHDUH ([SORVLRQ XQG NXU] GDUDXI)XQNDQIUDJHQGHV%HJOHLWVFKLIIHVGDVZLVVHQZROOWHREMHPDQGGLH.DWDVWURSKH EHUOHEWKlWWH´ 6HLQ*HVLFKWQDKPHLQHQDQJHVSDQQWHQ$XVGUXFNDQ ³6FKDOWHELWWHDXIGLH=LYLOIORWWHQIUHTXHQ]GHV6RODUHQ,PSHULXPV7HN´EDWHU 5RQDOG7HNHQHUJHKRUFKWH ,PQlFKVWHQ0RPHQWZXUGHHUEODGHQQHLQHDXIJHUHJWH6WLPPHYHUNQGHWH ³ JHEHQ ZLU DOOHQ 0HQVFKHQ LQ GHU *DOD[LV EHNDQQW GD GDV HU\JRQVFKH 6LHGOHUVFKLII7$7860,(YRUHLQHUKDOEHQ0LQXWHQDFKGHU/DQGXQJDXI+HPDOVGXUFK HLQ *URNDPSIVFKLII GHU 862 PLWVDPW %HVDW]XQJ YHUQLFKWHW ZXUGH ,FK VWHOOYHUWUHWHQGHU ([SHGLWLRQVOHLWHU 1DEOXV 9XUFN UXIH GLH 0HQVFKHQ GHV 6RODUHQ ,PSHULXPV DXI 6WUDIPDQDKPHQ JHJHQ GLH IU GHQ 0DVVHQPRUG YHUDQWZRUWOLFKHQ /HXWHGHU862]XIRUGHUQXQG´ ³6HLHQ 6LH NHLQ 1DUU 0U 9XUFN´ XQWHUEUDFK GLH XQYHUNHQQEDUH 6WLPPH
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
/RUGDGPLUDO $WODQV GHQ YRQ 3DQLN XQG +\VWHULH JH]HLFKQHWHQ $XIUXI GHV (U\JRQHUV ³+LHUVSULFKWGHU5HJLHUHQGH/RUGDGPLUDO$WODQ,FKELQVRHEHQPLWPHLQHP)ODJJVFKLII ,03(5$725LP&\VWRERUV6\VWHPDQJHNRPPHQ:LUKDEHQGLH([SORVLRQDXI+HPDOV JHRUWHW DEHU HUVW GXUFK GLH )XQNVSUFKH GHV ]ZHLWHQ 6FKLIIHV HUIDKUHQ ZDV DXI +HPDOVYRUJHIDOOHQLVW´ (UKREGLH6WLPPH ³2EZRKO LFK GDV HLJHQPlFKWLJH 9RUJHKHQ (U\JRQV VFKDUI YHUXUWHLOH ZUGH LFK GRFK QLHPDOV HLQHQ 0RUG EHIHKOHQ RGHU DXFK QXU ELOOLJHQ ,FK HUNOlUH YHUELQGOLFK GD GLH 862 DEVROXW QLFKWV PLW GHP 6FKLFNVDO GHU 7$786 0,( ]X WXQ KDW *OHLFK]HLWLJ YHUVLFKHUHLFKGDPHLQH2UJDQLVDWLRQDOOHVGDUDQVHW]HQZLUGGLH9HUDQWZRUWOLFKHQIU GLH([SORVLRQIUGLH(UPRUGXQJGHV+RKHQ%UJHUPHLVWHUV9LQFR0RUURZXQGIUGLH (UPRUGXQJZHLWHUHU3HUVRQHQ]XIDVVHQXQG]XU5HFKHQVFKDIW]X]LHKHQ8PZHLWHUH 7UDJ|GLHQ]XYHUKLQGHUQRUGQHLFKKLHUPLWHLQVRIRUWLJHV/DQGHYHUERWIUGHQ3ODQHWHQ +HPDOVDQ'LHVH$QRUGQXQJNDQQDQJHIRFKWHQZHUGHQEHLP*HULFKWVKRIGHV6RODUHQ ,PSHULXPV´ ³6LH ]lXPHQ GDV 3IHUG YRP 6FKZDQ] KHU DXI /RUGDGPLUDO´ HUNOlUWH HLQH 6WLPPH(VZDUQLFKWGLH6WLPPHYRQ1DEOXV9XUFNGHQQRFKNDPVLH7HNHQHUEHNDQQW YRU ³:HUVSULFKWGRUWELWWH"´HUNXQGLJWHVLFK$WODQK|IOLFK ³+LHU VSULFKW 'U 3LOONLP +DLP DQ %RUG GHV 6FKLIIHV (9$ ,, :LU VLQG VRHEHQ LQ GHQ1RUPDOUDXP]XUFNJHNHKUWXQGZHUGHQ+HPDOVDQIOLHJHQXPGRUW]XODQGHQXQG GLH (9$.RPPDQGRV DXV]XVFKOHXVHQ )DOOV 6LH HWZDV GDJHJHQ KDEHQ /RUGDGPLUDO GDQQ ZHQGHQ 6LH VLFK DQ GHQ *HULFKWVKRI GHV 6RODUHQ ,PSHULXPV %LVKHU ZXUGH QlPOLFKQRFKNHLQH4XDUDQWlQHEHU+HPDOVYHUKlQJW´ 5RQDOG 7HNHQHU OlFKHOWH LQ VLFK KLQHLQ 3LOONLP +DLP NDP VLFK YLHOOHLFKW VHKU ]LHOEHZXW YRU DEHU HU DKQWH QLFKW GD HV ]X $WODQV 3ODQ JHK|UWH GLH (9$ ,, DXI +HPDOVODQGHQ]XODVVHQ6HOEVWYHUVWlQGOLFKGXUIWHGHU$UNRQLGHQLFKWZLGHUVSUXFKVORV QDFKJHEHQ GDPLW GLH 8QEHNDQQWHQ NHLQHQ 9HUGDFKW VFK|SIWHQ HV N|QQWH HLQ DEJHNDUWHWHV6SLHOVHLQ 'RFKLPQlFKVWHQ0RPHQWZXUGH7HNHQHUZLHGHUHUQVW'LH8QEHNDQQWHQKDWWHQ HVJHVFKDIIWHLQPLW.RORQLVWHQEHVHW]WHV5DXPVFKLIIXQPLWWHOEDUQDFKGHU/DQGXQJ]X YHUQLFKWHQ :UGHQ VLH GDV JOHLFKH QLFKW DXFK EHL GHP 8QWHUVXFKXQJVVFKLII GHU &9& YHUVXFKHQ" ³.HQ´VDJWHHUPLWUDXKHU6WLPPH ³-D"´'HU+DOEURERWHUVDKLKQDXIPHUNVDPDQ ³:LUPVVHQHWZDVXQWHUQHKPHQXPGLH$XIPHUNVDPNHLWGHU)UHPGHQYRQGHU (9$,,DE]XOHQNHQ´ ³'DVIUFKWHLFKDXFK´JDE.HQQRQWURFNHQ]XUFN
:lKUHQG +DLP XQG GHU /RUGDGPLUDO LPPHU KlUWHU DUJXPHQWLHUWHQ XQG $WODQ VFKOLHOLFK SODQJHPl 6WFN IU 6WFN QDFKJDE IORJ 6LQFODLU 0DURXW .HQQRQ PLW 7HNHQHUDXIGHP5FNHQQDFK1RUGHQ 3O|W]OLFK VWLHJHQ YRU LKQHQ ULHVLJH 6FKZlUPH IODPLQJRlKQOLFKHU 9|JHO DXI +XQGHUWWDXVHQGHGHUZHLXQGURVDJHILHGHUWHQ7LHUHRUGQHWHQVLFKPLWUDXVFKHQGHP
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
)OJHOVFKODJ ]X HLQHU :RONH GLH VLFK ]LHOEHZXW DXI GLH EHLGHQ 8626SH]LDOLVWHQ VWU]WH 7HNHQHU XQG .HQQRQ KDWWHQ GHQ hEHUIDOO YRUDXVJHVHKHQ GHVKDOE ZXUGHQ VLH QXU DP 5DQG GHV 9RJHOVFKZDUPV JHWURIIHQ 'RFK DXFK GDV ZDU VFKOLPP JHQXJ =X GHQ YRQ 7DFK\[ JHVWRKOHQHQ 7RUQLVWHU$JJUHJDWHQ JHK|UWHQ DXFK GLH 3URMHNWRUHQ GHU ,QGLYLGXDOVFKXW]VFKLUPH VR GD GLH 0lQQHU GHP $QSUDOO GHU 6FKQlEHO )OJHO XQG .UDOOHQ XQJHVFKW]W DXVJHVHW]W ZDUHQ 'LH $Q]JH VHOEHU YHUKLQGHUWHQ ]ZDU EOXWHQGH 9HUOHW]XQJHQ QLFKW DEHU VFKPHU]KDIWH 3UHOOXQJHQ XQG %OXWHUJVVH $OOHUGLQJV OLWW QXU 7HNHQHU XQWHU 6FKPHU]HQ GHQQ GHU +DOEURERWHU GlPSIWH JDQ] HLQIDFK GLH 6FKPHU]LPSXOVHGLHYRQGHU%LRPROSODVWKDXWGHU9ROOSURWKHVHZHLWHUJHOHLWHWZXUGHQ 'LH EHLGHQ 0lQQHU VXFKWHQ =XIOXFKW LQ HLQHP GLFKWHQ :DOG LQ GHQ LKQHQ GHU 9RJHOVFKZDUP QLFKW IROJHQ NRQQWH $EHU ZlKUHQG 5RQDOG 7HNHQHU VLFK JHUDGH HLQH VFKPHU]OLQGHUQGH ,QMHNWLRQ JDE ORGHUWHQ ZHQLJH KXQGHUW 0HWHU HQWIHUQW MlKOLQJV KHOOH )ODPPHQDXI 'HU:DOGEUDQQWH 'DV )HXHU JULII PLW UDVHQGHU *HVFKZLQGLJNHLW XP VLFK DQJHIDFKW GXUFK HLQHQ 6WXUP GHU GLH )ODPPHQ JHQDX DXI GLH EHLGHQ 8626SH]LDOLVWHQ ]XWULHE 6LH PXWHQ DEHUPDOVVWDUWHQXQGGLHVPDOJHULHWHQVLHLQHLQHGLFKWH:RONHNOHEULJHU,QVHNWHQ,P 1X ZDUHQ GLH WUDQVSDUHQWHQ .XJHOKHOPH YRQ HLQHU ]lKHQ 6FKOHLPVFKLFKW EHU]RJHQ XQGGLH/XIWDQVDXJILOWHUYHUVWRSIW'DGLH/XIWUHJHQHULHUXQJVDQODJHGHV.DPSIDQ]XJHV RKQHGDVDXIGHU$JJUHJDWSODWWHPRQWLHUWH0LNURIXVLRQVNUDIWZHUNQLFKWDUEHLWHWHPXWH 7HNHQHU GDV 9LVLHU VHLQHV +HOPV HLQ 6WFN |IIQHQ 6RIRUW VWU]WHQ VLFK ]DKOUHLFKH ,QVHNWHQGXUFKGHQ6SDOWNURFKHQEHU*HVLFKWXQG+DOVYHUNOHEWHQ1DVHXQG2KUHQ .HQQRQ EHPHUNWH GLH 1RW GHV )UHXQGHV XQG VWDUWHWH VWHLO QDFK REHQ 'HU ,QVHNWHQVFKZDUP EOLHE ]XUFN XQG EHU HLQHU GQQHQ :RONHQGHFNH KLHOW GHU +DOEURERWHUDQXP7HNHQHUYRQVHLQHQ3ODJHJHLVWHUQ]XEHIUHLHQ ³,FK KlWWH QLH JHGDFKW¶ VDJWH 5RQDOG 7HNHQHU GDQDFK DWHPORV ³GD ILQJHUJOLHGJURH,QVHNWHQHLQHQ8626SH]LDOLVWHQXPEULQJHQN|QQWHQ´ ³'HQQRFK ZlUH HV LKQHQ EHLQDKH JHJOFNW´ HUZLGHUWH .HQQRQ ³DEHU QXU ZHLO GLHVH YHUZQVFKWH 0DVFKLQH XQVHUH $JJUHJDW7RUQLVWHU JHVWRKOHQ KDW (LQHV 7DJHV ZLUGPDQDOOJHPHLQHLQVHKHQGDVROFKH0DVFKLQHQHLQH%HGURKXQJGHUPHQVFKOLFKHQ ([LVWHQ]GDUVWHOOHQ²XQGPDQZLUGGLH.RQVHTXHQ]HQGDUDXV]LHKHQ´ ³'XUHGHVW8QVLQQ´ZLGHUVSUDFK7HNHQHU³XQGGXZHLWHVJHQDX7DFK\[NHQQW XQVHUHZLUNOLFKH,GHQWLWlWQLFKW(UKDWXQVHUHQ+HOPIXQNYHUNHKUDEJHK|UWXQGGDUDXV HQWQRPPHQ GD ZLU HLQ *HQ9HUVDJHU DOVR GDV ZDV PDQ IUKHU HLQPDO 3OD\ER\ QDQQWH XQG GHVVHQ KDEJLHULJHU 9HWWHU VLQG 9RU GLHVHP +LQWHUJUXQG HUVFKHLQW VHLQH +DQGOXQJVZHLVH ORJLVFK XQG GLH LUUHJXOlUHQ $EZHLFKXQJHQ HUNOlUHQ VLFK DXV GHU 5HDNWLRQDXIGDVLUUHJXOlUH9HUKDOWHQXQVHUHUGUHL.ROOHJHQ´ 'HU+DOEURERWHUJULQVWHXQYHUPLWWHOW ³6FKRQJXW7HN6FKDOWHGLFKOLHEHUZLHGHULQGLH=LYLOIORWWHQIUHTXHQ]HLQ'HLQH UHFKWH+DQGJLEWXQVHUHP/RUGDGPLUDO6DXUHVGDGLH,PSXOVGVHQIODWWHUQ´ 5RQDOG 7HNHQHU UXQ]HOWH GLH %UDXHQ XQG VFKDOWHWH VLFK ZLHGHU HLQ ZREHL HU VHOEVWYHUVWlQGOLFKYHUPLHGGHQ6HQGHWHLOGHV+HOPWHOHNRPV]XDNWLYLHUHQ ³ XQG EHUKDXSW¶ ]HWHUWH GLH 6WLPPH 3LOONLP +DLPV ³ EHILQGHW VLFK PHLQ &KHIGHU(UEH+DJEXU5DL]6HODVHVVFKRQOlQJVWDXIGLHVHP3ODQHWHQ´ ³:LHELWWH"´IUDJWH$WODQLQJHVSLHOWHP6WDXQHQ³*DQ]DOOHLQ"´
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
³1DWUOLFK QLFKW /RUGDGPLUDO 6HLQ 9HWWHU 'DPDUNXV 6HOH\W LVW EHL LKP HLQ KDEJLHULJHV QLHGHUWUlFKWLJHV 6XEMHNW DEHU JOHLFK]HLWLJ GLH EHVWH hEHUOHEHQVJDUDQWLH IU.DQJRV6HOH\WP|FKWH.DQJRV]XP6SLHOHQYHUOHLWHQEHYRUGLHLP7HVWDPHQWGHV HUPRUGHWHQ +DJEXU 5DL]6HODVH DQJHJHEHQH -DKUHVIULVW YHUVWULFKHQ LVW 'DQQ ZUGH .DQJRVHQWHUEWXQGGDV(UEH6HOH\W]XIDOOHQ´ ³%HL ,KQHQ KHUUVFKHQ MD VHOWVDPH =XVWlQGH´ PHLQWH $WODQ ³:HQQ QXQ GLHVHU 9HUOHLW,KUHQNRPLVFKHQ*HQHUDOYHUVDJHUXPEULQJWXPDXIMHGHQ)DOOGDV(UEH+DJEXUV DQVLFK]XUHLHQ"´ ³(VKHLWQLFKWµ9HUOHLWVRQGHUQµ6HOH\W¶XQGHVKHLWNRVPLVFKHU*HQ9HUVDJHU¶ XQGQLFKWNRPLVFKHU*HQHUDOYHUVDJHU¶6LH/RUGDGPLUDO6LH´VFKLPSIWH+DLP³,FKZLOO ,KQHQ HWZDV YHUUDWHQ 'LH (9$ ,, ODQGHW LQQHUKDOE GHU QlFKVWHQ 6WXQGH 6ROOWHQ 6LH YHUVXFKHQXQVDXI]XKDOWHQZHUGHLFKGLHJHVDPWHZLUWVFKDIWOLFKH0DFKWGHU&9&GD]X YHUZHQGHQ 6LH ]XUFNSIHLIHQ ]X ODVVHQ =XPLQGHVW PWHQ 6LH +HPDOV GDQQ XQWHU 4XDUDQWlQHVWHOOHQXP,KUH+DQGOXQJVZHLVH]XUHFKWIHUWLJHQ´VFKUlQNWH+DLPHLQ ³6LHZROOHQHVQLFKWDQGHUV´HUNOlUWHGHU$UNRQLGHVFKHLQEDUUHVLJQLHUHQG³$OVR ELWWH EHGLHQHQ 6LH VLFK :LH 6LH VDJWHQ KDW GLH 862 QRFK NHLQH 4XDUDQWlQH EHU +HPDOVYHUKlQJW$EHULFKZDUQH6LHQRFKPDOVDXVGUFNOLFKYRUGHQ*HIDKUHQGLHDXI GLHVHU :HOW ODXHUQ 0DFKHQ 6LH QLFKW PLFK GDIU YHUDQWZRUWOLFK ZHQQ ,KQHQ HWZDV ]XVW|W²,KQHQXQG,KUHPIDPRVHQ*HQ9HUVDJHU(QGH´ ³9LHOHQ'DQN/RUGDGPLUDO´HUZLGHUWH+DLPLURQLVFK³*UlPHQ6LHVLFKQXUQLFKW ]XVHKUXPXQV(QGH´ 5RQDOG 7HNHQHU VHXI]WH XQG VFKDOWHWH GLH ]ZLVFKHQ LKP XQG 'U +DLP YHUHLQEDUWH³*HKHLPIUHTXHQ]´HLQDXIGHU$WODQQDWUOLFKPLWK|UHQZUGH ³+LHU VSULFKW 7DHIGX´ PHOGHWH HU VLFK PLW VHLQHP 6SLW]QDPHQ ³,FK KDEH ,KU 6WUHLWJHVSUlFK PLW $WODQ YHUIROJW :DNNHU ZDFNHU 0U +DLP 6LH VLQG MD GLUHNW XQKHLPOLFKWFKWLJVRZDKU7DHIGXLP6FKlFKWHOFKHQYHUZDKUWLVW´ ³%HVWHQ'DQNIUGDV/RE6LU´VDJWH3LOONLP+DLP6HLQH6WLPPHNODQJJHTXlOW ³1HQQHQ6LHPLFKUXKLJ7DHIGXZLHDOOHPHLQH)UHXQGH0U+DLP´ ³'DQNH 6LU DEHU GDV NDQQ LFK QLFKW DQQHKPHQ 6LH VLQG PHLQ &KHI XQG HLQ ZDKUKDIW LQWHJUHU 0LWDUEHLWHU ZLUG VLFK QLHPDOV HUODXEHQ VHLQHQ &KHI PLW HLQHP lK DQUFKLJHQ6SLW]QDPHQDQ]XUHGHQ´ ³$EHU LFK PX GRFK VHKU ELWWHQ´ VDJWH 7HNHQHU PLW JHVSLHOWHU (QWUVWXQJ ³'HU 1DPH7DHIGXLVWQLFKWDQUFKLJHULVWHLQHHKUHQKDIWH%H]HLFKQXQJ²VRZDKU7DHIGX LQVHLQHP6FKlFKWHOFKHQYHUZDKUWLVW´ +DLPVFKQDXIWH ³6HOEVWYHUVWlQGOLFK 6LU %LWWH ODVVHQ 6LH PLFK HQGOLFK ]XU 6DFKH NRPPHQ 'LH (9$ ,, ZLUG LQ HWZD HLQHU 6WXQGH DXI GHP JURHQ +RFKSODWHDX GHV 2VWNRQWLQHQWV ODQGHQ DXI GHP GLH 9RUSODQXQJ GHQ %DX GHV HUVWHQ +RWHONRPSOH[HV YRUVLHKW +DEHQ 6LHLUJHQGZHOFKH:QVFKHGLHLFKEHUFNVLFKWLJHQVROOWH6LU"´ ³1HLQ 0U +DLP´ DQWZRUWHWH 7HNHQHU ³/DQGHQ 6LH DEHU VHKHQ 6LH VLFK YRU 'LHVHU 3ODQHW KDW HLQH 0HQJH 7FNHQ 6R NRPPW HV EHLVSLHOVZHLVH XQYHUKRIIW ]X KHIWLJHQ :LUEHOVWUPHQ ULHVLJH 9RJHOVFKZlUPH JHIlKUGHQ GHQ /XIWYHUNHKU :RONHQ NOHEULJHU ,QVHNWHQ VWU]HQ VLFK DXI KDUPORVH :DQGHUHU XQG +HUGHQ HOHIDQWHQJURHU 7LHUH YHUDQVWDOWHQ 6WDPSHGHQ 9RQ :DOGEUlQGHQ JDU QLFKW ]X UHGHQ GLH VR SO|W]OLFK DXVEUHFKHQ GD PDQ DQ%UDQGVWLIWXQJ JODXEHQ N|QQWH $XHUGHP JLEW HV NOHLQH EDQDQHQI|UPLJH 5RERWVFKLIIH GLH DXI GHP 3ODQHWHQ ODQGHQ XQG EHLP 6WDUW DEVWU]HQ
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
XQGH[SORGLHUHQ´ ³$KD´PDFKWH+DLP³6DHQLQGHQ%DQDQHQVFKLIIFKHQYLHOOHLFKWNOHLQHJUQH 0lQQHU"´ ³:LH KDEHQ 6LH GDV KHUDXVJHNULHJW"´ HUNXQGLJWH VLFK 7HNHQHU VFKHLQEDU YHUEOIIW 3LOONLP +DLP UlXVSHUWH VLFK XQG VFKZLHJ EHOHLGLJW (U KDWWH RIIHQEDU JHPHUNW GD ³.DQJRV 5DL]6HODVH´ VLFK EHU LKQ OXVWLJ PDFKWH 'RFK DOV 7HNHQHU HEHQIDOOV VFKZLHJIUDJWHHUQDFKHLQLJHU=HLW ³:HUGHQ6LHVLFKDP/DQGHSODW]GHU(9$,,HLQILQGHQ6LU"´ ³,FKZLOOHVYHUVXFKHQ²VRZDKU7DHIGXLP6FKlFKWHOFKHQYHUZDKUWLVW0U+DLP $XJHQEOLFNOLFK GUIWH GDV HWZDV ]HLWUDXEHQG VHLQ GHQQ HLQ HWZDV YHUZLUUWHU 862 5RERWHU KDW XQV XQVHUH 7RUQLVWHU$JJUHJDWH JHVWRKOHQ VR GD ZLU ]X )X IOLHJHQ PVVHQ´(UKVWHOWH³,FKPHLQWHQDWUOLFKQLFKWIOLHJHQVRQGHUQJHKHQ´ 5RQDOG 7HNHQHU EOLFNWH GHQ +DOEURERWHU DQ XQG GHXWHWH QDFK XQWHQ .HQQRQ YHUVWDQG 6LH NRQQWHQ QLFKW HLQIDFK EHU GHQ :RONHQ VFKZHEHQ XQG ULVNLHUHQ GD 7DFK\[ VLH GRUW HQWGHFNWH 'HU 5RERWHU ZUGH VLFK ZXQGHUQ ZLH ]ZHL 0HQVFKHQ LQ QLFKWPHKUIOXJIlKLJHQ.DPSIDQ]JHQIOLHJHQNRQQWHQ$OV.HQQRQGLH/HLVWXQJVHLQHV $QWLJUDYV YHUULQJHUWH VDQNHQ VLH ODQJVDP ]X %RGHQ 6LH EHREDFKWHWHQ GDEHL PLWUDXLVFK GLH 8PJHEXQJ GRFK YRUHUVW VFKLHQ GHU XQKHLPOLFKH *HJQHU VLH LQ 5XKH ODVVHQ]XZROOHQ 1DFKGHP VLH QRFK HLQLJH (LQ]HOKHLWHQ GHV 9RUJHKHQV YRQ (9$ ,, EHVSURFKHQ KDWWHQEHHQGHWHQ³.DQJRV5DL]6HODVH´XQG3LOONLP+DLPLKU*HVSUlFK ³,Q]ZLVFKHQ KDEH LFK HLQH 0HQJH DQGHUHU )XQNVSUFKH DXIJHIDQJHQ´ WHLOWH 6LQFODLU 0DURXW .HQQRQ PLW ³6R KDW 1DEOXV 9XUFN GDV &\VWRERUV6\VWHP ZLHGHU YHUODVVHQ =ZLVFKHQ GHP QHXHQ $GPLQLVWUDWRU YRQ (U\JRQ XQG $WODQ ZXUGH HLQH hEHUHLQNXQIWHU]LHOWQDFKGHUGLH([SORVLRQGHV.RORQLVWHQVFKLIIHVYRQHLQHUSDULWlWLVFK ]XVDPPHQJHVHW]WHQ.RPPLVVLRQXQWHUVXFKWZHUGHQVROO²XQG7DFK\[NUHLVWEHUGHP .DSGHUQHXQ]HKQ.OLSSHQXQGUXIWQDFKXQV´ ³'LHJURH'XQNHOZRONHVROOLKQYHUVFKOLQJHQ´VDJWH7HNHQHU³:LUN|QQHQXQV GRFK QLFKW PHOGHQ GDQQ ZUGH 7DFK\[ MD VRIRUW PHUNHQ GD ZLU QLHPDOV ]X )X KLHUKHUJHNRPPHQVHLQN|QQHQ´ ³'DVZUGHQLFKWVVFKDGHQZHQQZLULKQDQVFKOLHHQGVRIRUW]HUVW|UWHQ´PHLQWH .HQQRQ 7HNHQHUVFKWWHOWHGHQ.RSI 'HU+DOEURERWHUNQLIISO|W]OLFKGLH$XJHQKDOE]XXQGIOVWHUWH ³7DFK\[ PHOGHW HU NRQQWH NHLQH /HEHQVPLWWHO IU XQV EHVFKDIIHQ GD GLH 862 6DFKH-HWEHLP$EVWXU]HLQHVNOHLQHQ5RERWVFKLIIHVYHUQLFKWHWZRUGHQVHL(UIUDJWDQ ZRZLUXQVHU5DXPVFKLIIYHUERUJHQKlWWHQ´ ³:LU DQWZRUWHQ LKP HLQIDFK QLFKW´ HQWVFKLHG 7HNHQHU ³6WDWW GHVVHQ KDOWHQ ZLU PLW +DLP 9HUELQGXQJ GDPLW ZLU LKQ PLW GHU (9$ ,, ]XUFNVFKLFNHQ N|QQHQ ZHQQ GLH 8QWHUVXFKXQJVNRPPDQGRVJHIlKUGHWZHUGHQ´ ³(LQYHUVWDQGHQ´JDE.HQQRQ]XUFN³1XUVFKHLQW7DFK\[SO|W]OLFKVHKUEHVRUJW XP XQV ]X VHLQ (U VHQGHW DXI DOOHQ )UHTXHQ]HQ +LOIHUXIH DXV PLW GHQHQ HU DOOH DXI RGHU EHU +HPDOV ZHLOHQGHQ 0HQVFKHQ GDUXP ELWWHW QDFK GHP YHUPLWHQ .DQJRV 5DL]6HODVHXQGVHLQHP9HWWHU'DPDUNXV6HOH\W]XVXFKHQXQGLKQHQMHGZHGH+LOIH]X JHZlKUHQ :HQQ HV VR ZHLWHUPDFKW ZLUG HU GHQ 8QEHNDQQWHQ EDOG DXI GLH 1HUYHQ
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
IDOOHQ´ 5RQDOG7HNHQHUZROOWHHWZDVGDUDXIHUZLGHUQDEHUPLWHLQHPPDONQDFNWHHVLP +HOPWHOHNRPXQGHLQHUDXKHNUDW]LJH6WLPPHVDJWHPKVDPXQGNHXFKHQG ³+LHUVSULFKW0DMRU7KUHHJR6SH]LDOLVWGHU862*HIDKUHQVWXIHHLQV6HXFKHOlW .|USHU DXVWURFNQHQ 9LUXVLQIHNWLRQ &DSWDLQ 'XQMHZ XQG &DSWDLQ *XUP²EHZXWORV RGHU WRW $OOH 0HQVFKHQ²VROOHQ +HPDOV YHUODVVHQ *UQH VFKLOOHUQGH ´ 'LH 6WLPPH EUDFKSO|W]OLFKDE 7HNHQHUXQG.HQQRQVDKHQVLFKEHWURIIHQDQ6LHEUDXFKWHQQLFKW]XUHGHQXP ]X HLQHP JHPHLQVDPHQ (QWVFKOX ]X JHODQJHQ :HQQ DXI +HPDOV HLQH W|GOLFKH 6HXFKH DXVJHEURFKHQ ZDU GDQQ PXWHQ DOOH ZHLWHUHQ 0DQDKPHQ ]XHUVW PLW /RUGDGPLUDO $WODQ XQG GDQQ PLW GHQ HQWVSUHFKHQGHQ 'LHQVWVWHOOHQ GHV 6RODUHQ ,PSHULXPVDEJHVSURFKHQZHUGHQ 5RQDOG 7HNHQHU VFKDOWHWH GHQ 6HQGHWHLO VHLQHV +HOPWHOHNRPV HLQ XQG MXVWLHUWH LKQDXIGLH=LYLOIORWWHQIUHTXHQ] %HYRUHUHWZDVVDJHQNRQQWHIOVWHUWH.HQQRQKDVWLJ ³'X PXW ZRKO RGHU EHO GLH 5ROOH GHV NRVPLVFKHQ *HQ9HUVDJHUV ZHLWHUVSLHOHQIDOOVGLH8QEHNDQQWHQGDV*HVSUlFKDEK|UHQVROOWHQ7HN´ ³6R ZDKU 7DHIGX LP 6FKlFKWHOFKHQ YHUZDKUW LVW´ VWLH 7HNHQHU JULPPLJ ]ZLVFKHQGHQ=lKQHQKHUYRU
$XI GHP NOHLQHQ %LOGVFKLUP GHV +HOPWHOHNRPV HUVFKLHQ GDV VFKPDOH *HVLFKW GHV/RUGDGPLUDOV'LHDOELQRWLVFKU|WOLFKHQ$XJHQVFKLHQHQ7HNHQHUDOLDV.DQJRV5DL] 6HODVHGLUHNWDQ]XVHKHQ ³$K 0U 5DL]6HODVH´ VDJWH $WODQ ³)DOOV 6LH GHQ 1RWUXI YRQ 0DMRU 7KUHHJR PLWK|UWHQ ZHUGHQ 6LH VLFKHU HLQVHKHQ GD LFK 6LH DXIIRUGHUQ PX GHQ 3ODQHWHQ +HPDOVXQYHU]JOLFK]XYHUODVVHQ 5RQDOG7HNHQHUOlFKHOWH.DQJRV¶/lFKHOQHLQZHQLJDUURJDQWHLQZHQLJEODVLHUW XQGHLQZHQLJOLHEHQVZUGLJ ³$EHUPHLQOLHEHU/RUGDGPLUDO´HUZLGHUWHHU³6LHZHUGHQGRFKQLFKWDQQHKPHQ LFK ZUGH PLFK YRU GHU 3IOLFKW GUFNHQ GHQ LQ 1RW JHUDWHQHQ 8626SH]LDOLVWHQ ]X KHOIHQ,P8QWHUVFKLHG]X,KQHQEHILQGHQLFKXQGPHLQ9HWWHUXQVEHUHLWVDXI+HPDOV DOVRYLHOQlKHUEHLGHQ(UNUDQNWHQ6LFKHUNHQQHQ6LHGLHJHQDXHQ.RRUGLQDWHQ7HLOHQ 6LHVLHPLUELWWHPLWGDQQZHUGHQZLUVRIRUW]XGHQ0lQQHUQHLOHQ´ 'HU $UNRQLGH QDQQWH GLH .RRUGLQDWHQ (WZDV DQGHUHV EOLHE LKP JDU QLFKW EULJ GDHUGHQLQ1RWJHUDWHQHQ6SH]LDOLVWHQVFKQHOOVWHQV+LOIH]XNRPPHQODVVHQPXWH² XQGDPVFKQHOOVWHQNRQQWHQYRUDXVVLFKWOLFK7HNHQHUXQG.HQQRQEHLLKQHQVHLQ$OOHV ZDVHUQRFKVDJWHGLHQWHGHU7DUQXQJGHUEHLGHQ6SLW]HQNUlIWH ³(V ZDU YRUHLOLJ YRQ PLU ,KQHQ GLH .RRUGLQDWHQ ]X QHQQHQ´ HUJlQ]WH HU ³.PPHUQ 6LH VLFK QLFKW GDUXP VRQGHUQ EOHLEHQ 6LH ZR 6LH VLQG GDPLW LFK 6LH DEKROHQODVVHQNDQQ´ ³6LH N|QQHQ XQV MD DXFK ]XVDPPHQ PLW GHQ HUNUDQNWHQ 6SH]LDOLVWHQ DEKROHQ ODVVHQ/RUGDGPLUDO´HQWJHJQHWH7HNHQHUXQGXQWHUEUDFKGLH9HUELQGXQJ $QVFKOLHHQGKLHOWHUVLFKZLHGHUDQ.HQQRQV.UHX]JXUWHQIHVWXQGOLHVLFKYRQ GHLQ+DOEURERWHUPLWQHKPHQ
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
$OV GLH 0HOGHODPSH GHV 7HOHNRPV DXIOHXFKWHWH VFKDOWHWH HU GDV *HUlW XQZLOOLJ HLQ$XIGHP%LOGVFKLUPHUVFKLHQGDV6\PEROYRQ7DFK\[ ³:DVZLOOVWGX"´IUDJWH7HNHQHU ³6LU6LHKDEHQPLFKLUUHJHIKUW´VDJWHGHU6SH]LDOURERWHUXQGIUHLQHQ0RPHQW VFKLHQHVGHP8626SH]LDOLVWHQDOVVSUlFKHGLH0DVFKLQHLQYRUZXUIVYROOHP7RQ³,FK ZXWHQLFKWGD6LHEHU5HVHUYH)OXJDJJUHJDWHYHUIJHQ´ ³'DV ZDU DXFK EHUIOVVLJ VR ZDKU 7DHIGX LP 6FKDFKWHOFKHQ YHUZDKUW LVW ,FK EHIHKOHGLUPHLQHQ9HWWHUXQGPLFKLQ5XKH]XODVVHQ´ ³,FK ZUGH GLHVHQ %HIHKO QLFKW EHIROJHQ ZHQQ HV HLQH 0|JOLFKNHLW JlEH 6LH RKQH 6FKDGHQ IU ,KUH 3HUVRQ XQG GLH ,KUHV 9HWWHUV 'DPDUNXV 6HOH\W YRQ +HPDOV ]X HQWIHUQHQ'DLFKGD]XDOOHLQQLFKWLQGHU /DJHELQZHUGHLFK]XGHQYRQ/RUGDGPLUDO $WODQ GXUFKJHVDJWHQ .RRUGLQDWHQ HLOHQ XP ]X YHUKLQGHUQ GD 6LH VLFK EHL GHQ (UNUDQNWHQLQIL]LHUHQ´ ³1XU GHVKDOE ZLOOVW GX GRUWKLQ IOLHJHQ 7DFK\["´ IUDJWH 7HNHQHU ³'DV 6FKLFNVDO GHUGUHL3HUVRQHQGHQHQGX]XJHWHLOWZDUVWNPPHUWGLFKZRKOJDUQLFKW"´ ³6LHKDWWHQYHUVXFKWPLFK]X]HUVW|UHQ6LU´HQWJHJQHWHGHU5RERWHU³'DUDXIKLQ PXWH LFK PLFK YRQ LKQHQ IHUQKDIWHQ XP PHLQH ([LVWHQ] QLFKW ]X JHIlKUGHQ ,FK YHUVXFKWHLKQHQ]XIROJHQGRFKVLHYHUVWDQGHQHVHLQHIDOVFKH6SXU]XOHJHQ(UVWGHU 1RWUXI YRQ 'U 7KUHHJR NOlUWH PLFK EHU GDV 6FKLFNVDO GHU (LQVDW]JUXSSH DXI²%LWWH 6LUYHUPHLGHQ6LHGHQGLUHNWHQ.RQWDNWPLWGHQ(UNUDQNWHQIDOOV6LHYRUKHUEHLLKQHQ HLQWUHIIHQVROOWHQ´ ³:LUZHUGHQXQVYRUVHKHQ´HUZLGHUWH7HNHQHUHLQVLOELJXQGVFKDOWHWHDE 'LH YRQ /RUGDGPLUDO $WODQ DQJHJHEHQHQ .RRUGLQDWHQ ODJHQ LQ GHU HLQ]LJHQ QHQQHQVZHUWHQ *HELUJVJHJHQG YRQ +HPDOV HLQHP DQQlKHUQG ULQJI|UPLJHQ %HUJZDOO YRQ HWZD WDXVHQG .LORPHWHUQ 'XUFKPHVVHU 'LH :DOOK|KH EHWUXJ GXUFKVFKQLWWOLFK QHXQKXQGHUW0HWHU ³(VVLHKWVRDXVDOVZlUHKLHUIUKHUHLQ0HWHRUHLQJHVFKODJHQ´PHLQWH6LQFODLU 0DURXW.HQQQ³hEULJHQVUHJLVWULHUHQPHLQH,QVWUXPHQWHHLQHLQWHQVLYH+RZDOJRQLXP 6WUDKOXQJ ,FK QHKPH DQ GDV +RZDOJRQLXP LVW PLW GHP 0HWHRU DXV GHP :HOWUDXP JHNRPPHQ'DVZUGHDXFKHUNOlUHQZDUXPGLHEULJHQ)XQGVWHOOHQDXI+HPDOVVLFK XQJHIlKUNUHLVI|UPLJJHJHQGLHKRZDOJRQLXPIUHLHQ*HELHWHDEKHEHQ´ ³'X PHLQVW DOOHV DXI +HPDOV OLHJHQGH +RZDOJRQLXP LVW PHWHRULVFKHQ 8UVSUXQJV"´ ³+|FKVWZDKUVFKHLQOLFK²0RPHQW´ .HQQRQ OLH VLFK HLQLJH KXQGHUW 0HWHU GXUFKVDFNHQ XQG IORJ DQVFKOLHHQG GLFKW EHU GHP NDUJHQ DQVWHLJHQGHQ *HOlQGH LQ 5LFKWXQJ *HELUJVZDOO ZHLWHU ³'D LVW HLQ 5DXPVFKLII JHODQGHW´ HUNOlUWH HU ³8QG ]ZDU HWZDLQGHU0LWWHGHV*HELUJVWDOHV:DKUVFKHLQOLFKHLQ%HLERRWGHU,03(5$725DEHU VLFKHULVWVLFKHU´ 3O|W]OLFK EUHPVWH HU DE 7HNHQHU VDK DXI XQG HUNDQQWH DXI GHP DEJHUXQGHWHQ *UDW GHV :DOOHV HLQH PHKUIOlFKLJH NRSIORVH 5RERWHUNRQVWUXNWLRQ DXI ]ZHL *OHLVNHWWHQ XQGPLWYLHU$UPHQ 7DFK\[ ³,FK KDWWH 6LH KLHU HUZDUWHW PHLQH +HUUHQ´ ULHI LKQHQ GHU 6SH]LDOURERWHU EHU VHLQH $XHQODXWVSUHFKHU ]X ³6RHEHQ LVW HLQ 5RERWHUNRPPDQGR GHU ,03(5$725 LP *HELUJH EHL GHQ (UNUDQNWHQ JHODQGHW 'HVKDOE GUIWH ,KUH +LOIHOHLVWXQJ VLFK HUEULJHQ %LWWHNHKUHQ6LHXPRGHULFKPXµ ³*HQXJ´XQWHUEUDFK7HNHQHULKQVFKDUI(UIUFKWHWH.HQQRQN|QQWHZHJHQGHU
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
VFKHLQEDUHQ %HYRUPXQGXQJ GHV 5RERWHUV GLH 1HUYHQ YHUOLHUHQ XQG GLH 0DVFKLQH YHUQLFKWHQ³:HLVXQJ&DWDSODQHUJHKW5RERWHU7DFK\[EHVWlWLJH´ ³5RERWHU 7DFK\[ EHVWlWLJW :HLVXQJ &DWDSODQ´ KDOOWH HV KHUDE 'DV .RGHZRUW KDWWH GHP 6SH]LDOURERWHU NODUJHPDFKW GD HU 8626SH]LDOLVWHQ PLW ZHLWJHKHQGHQ 9ROOPDFKWHQ JHJHQEHUVWDQG 9RQ GLHVHP $XJHQEOLFN DQ KDWWH HU QXU QRFK EHGLQJXQJVORV]XJHKRUFKHQ 'LHEHLGHQ0lQQHUODQGHWHQQHEHQ7DFK\[ ³:LU VLQG 8626SH]LDOLVWHQ LQ GHQ 0DVNHQ YRQ .DQJRV 5DL]6HODVH XQG 'DPDUNXV 6HOH\W´ HUNOlUWH 5RQDOG 7HNHQHU ³/RUGDGPLUDO $WODQ KDW XQV QDFK +HPDOV JHVFKLFNW,VWGDVNODU" ³'DVLVWNODU6LU%LWWHEHIHKOHQ6LH´ ³:HLVXQJ 1LHPDQG GDUI HUIDKUHQ GD ZLU QLFKW GLH 3HUVRQHQ VLQG DOV GLH ZLU XQVDXVJHEHQ8QWHUNHLQHQ8PVWlQGHQ´ ³-D6LU´ ³%HIHKO *LE XQV XQVHUH )OXJDJJUHJDWH ]XUFN XQG EHJOHLWH XQV ]X GHQ (UNUDQNWHQ $EHU KDOWH GLFK GDEHL ZLHGHU XQWHU GHLQHP $QWL2UWXQJVVFKLUP XQG EHUQLPPGLH5FNHQGHFNXQJ´ ³9HUVWDQGHQXQGDN]HSWLHUW$NWLYLWlWVVFKDOWXQJOlXIW6LU´ 'HU5RERWHUNODSSWHHLQHQ7HLOVHLQHU$XHQKOOH]XUFNKROWHPLW]ZHL$UPHQ GLH $JJUHJDW7RUQLVWHU GHU EHLGHQ 6SH]LDOLVWHQ DXV HLQHU gIIQXQJ XQG UHLFKWH VLH GHQ 0lQQHUQ ³6LH VLQG YROO IXQNWLRQVIlKLJ´ PHOGHWH HU GDEHL 'DQQ UROOWH HU HLQLJH 0HWHU ]XUFNXQGZXUGHXQVLFKWEDU ³'HU $QWL2UWXQJVVFKLUP IXQNWLRQLHUW DXVJH]HLFKQHW´¶ VWHOOWH .HQQRQ IHVW ZlKUHQG HU GLH .RQWUROOHQ VHLQHV ³lXHUHQ´ )OXJDJJUHJDWV DNWLYLHUWH ³-HGHQIDOOV VRODQJHPDQLKQQLFKWZlKUHQGGHV$XIEDXHVDQPHVVHQNRQQWH9RQQXQDQZHUGHLFK LPPHUZLVVHQZRVLFK7DFK\[EHILQGHW´ 5RQDOG 7HNHQHU VDJWH QLFKWV GD]X (U VFKDOWHWH VHLQ )OXJDJJUHJDW HLQ XQG VWDUWHWH 'LH 6RUJH XP GLH GUHL LQIL]LHUWHQ .ROOHJHQ OLH LKP NHLQH 5XKH REZRKO LKP VHLQH ODQJMlKULJHQ ELWWHUHQ (UIDKUXQJHQ VDJWHQ GD IU GLH GUHL 0lQQHU MHGH +LOIH ]X VSlWNRPPHQZUGH (WZD]ZDQ]LJ0LQXWHQVSlWHUODQGHWHQVLHDXI%HIHKOHLQHV.RPPDQGRURERWHUV GHU PLW ]HKQ VFKZHUHQ .DPSIURERWHUQ HLQH PLW *UDV EHZDFKVHQH /LFKWXQJ DEVSHUUWH ,QGHU/LFKWXQJHUEOLFNWHQ7HNHQHUXQG.HQQRQPHKUHUH0HGRURERWHUXQGHLQHQ$U]WLQ ,VROLHUNOHLGXQJGLHVLFKXPGUHLUHJORVHYHUNUPPWH*HVWDOWHQEHPKWHQ ³6LH GUIHQ QLFKW KLQ´ HUNOlUWH GHU .RPPDQGRURERWHU ³'LH ,QIHNWLRQVJHIDKU LVW ]XJUR%LWWHWUHWHQ6LHHWZDV]XUFN(LQH0HGR6SDFH-HWGHU862ZLUGLQZHQLJHQ 0LQXWHQKLHUODQGHQ´ 'LH EHLGHQ 6SH]LDOLVWHQ JHKRUFKWHQ ,PPHU ZLHGHU YHUVXFKWH 5RQDOG 7HNHQHU HLQHQ%OLFNDXIGLHGUHL(UNUDQNWHQ]XHUKDVFKHQ²XQGHQGOLFKJHODQJHVLKP 6HNXQGHQODQJVDKHUHLQHQHQWNOHLGHWHQVFKZDU]EUDXQHQ.|USHU(UVDKDXVZLH GLH0XPLHHLQHVHWZDDFKWMlKULJHQGXQNHOKlXWLJHQ.LQGHVDEHU7HNHQHUZXWHGDHV VLFKQXUXPGHQ/HLFKQDPHLQHVGHUGUHL.ROOHJHQKDQGHOQNRQQWH'HUJHVFKUXPSIWH .|USHUZXUGHLQHLQH3ODVWLNKDXWJHVFKZHLW .XU] GDUDXI ODQGHWH GLH 6SDFH-HW ,KU HQWVWLHJ QHEHQ PHKUHUHQ 3HUVRQHQ LQ $U]WNOHLGXQJ /RUGDGPLUDO $WODQ 'HU $UNRQLGH WUXJ ZLH DOOH DQGHUHQ 3HUVRQHQ²DXHU
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
7HNHQHUXQG.HQQRQ²HLQHQWUDQVSDUHQWHQ,VROLHUDQ]XJ(UZLQNWH]ZHL5RERWHUQXQG GLH0DVFKLQHQVWUHLIWHQ7HNHQHUXQG.HQQRQHEHQIDOOV,VROLHUDQ]JHEHU ³6R PHLQH +HUUHQ +RWHOLHUV´ VDJWH $WODQ ³MHW]W N|QQHQ 6LH NRPPHQ IDOOV 6LH VWDUNH1HUYHQEHVLW]HQ´ 7HNHQHUSUHWHGLH/LSSHQ]XVDPPHQ(LJHQWOLFKKlWWHHUDQGLHVHU6WHOOHHWZDV EHU 7DHIGX XQG VHLQ 6FKlFKWHOFKHQ VDJHQ VROOHQ XP VHLQHU 5ROOH DOV NRVPLVFKHU *HQ9HUVDJHU WUHX ]X EOHLEHQ $EHU LP $QJHVLFKW GHV JUDXHQKDIWHQ 6FKLFNVDOV GDV VHLQH.ROOHJHQHUHLOWKDWWHEUDFKWHHUGDVQLFKWIHUWLJ 6WXPPVWDQGHUZHQLJVSlWHUYRUGHQ7RWHU ³0DMRU 7KUHHJR VWDUE XQPLWWHOEDU QDFK XQVHUHU $QNXQIW´ WHLOWH HLQHU GHU 862 0HGL]LQHU PLW ³'LH &DSWDLQV 'XQMHZ XQG *XUP ZDUHQ EHUHLWV VHLW HWZD DQGHUWKDOE 6WXQGHQ WRW ,KUH .|USHU PVVHQ LQQHUKDOE ZHQLJHU 6WXQGHQ QDFK GHU ,QIHNWLRQ HLQHQ $XVWURFNQXQJVSUR]H GXUFKJHPDFKW KDEHQ )U VLH NDP MHGH +LOIH ]X VSlW $EHU ZLU KDEHQ*HZHEHSUREHQDXVYHUVFKLHGHQHQ2UJDQHQGHU7RWHQHQWQRPPHQXQGNRQQWHQ 0DMRU 7KUHHJR VRJDU %OXW DEQHKPHQ EHYRU HU VWDUE $QKDQG GLHVHU 3UREHQ ZLUG VLFK GHU6HXFKHQHUUHJHUHUPLWWHOQXQGHLQ*HJHQPLWWHOILQGHQODVVHQ´ ³6FKLFNHQ 6LH DOOH 3UREHQ VFKQHOOVWHQV PLW HLQHU 6SDFH-HW QDFK 7DKXQ 3URIHVVRU6DLPLF´RUGQHWH$WODQDQ (U ZLQNWH 7HNHQHU XQG .HQQRQ HWZD KXQGHUW 0HWHU ZHLW ]XU 6HLWH VFKDOWHWH VHLQHQ +HOPWHOHNRP DXI GLH JHULQJVWH 5HLFKZHLWH²XQJHIlKU IQI 0HWHU²XQG EHGHXWHWHGHQ6SH]LDOLVWHQHVLKPQDFK]XWXQ'DQQVDJWHHU ³9RU GHU /DQGXQJ PHLQHU 6SDFH-HW KDEHQ ZLU YRQ REHQ PLW GHP )HOGWHOHVNRS ]DKOUHLFKHNUDQNHXQGYHUHQGHWH7LHUHDXVJHPDFKW GHQlXHUHQ$Q]HLFKHQQDFKVLQG VLH HEHQIDOOV YRQ GHU µ+HPDOV6HXFKH¶ EHIDOOHQ ,FK KDEH %HIHKO DQ GLH ,03(5$725 JHJHEHQ GDV JHVDPWH *HELUJVWDO QDFKKHU XQWHU HLQH (QHUJLHJORFNH YRQ HWZD IQIKXQGHUW.LORPHWHUQ'XUFKPHVVHU]XOHJHQ´ (U]XFNWHGLH6FKXOWHUQ ³+RIIHQWOLFK KDEHQ GLH 8QEHNDQQWHQ QLFKW VFKRQ ZHLWHUH ,QIHNWLRQVKHUGH JHOHJW ,FK]ZHLIOHQLFKWGDUDQGDGLH+HPDOV6HXFKHYRQLKQHQYHUEUHLWHWZLUG´ ³:DKUVFKHLQOLFKKDEHQZLHGHUHLQPDOHLQLJHYHUEUHFKHULVFKH$UD0HGL]LQHULKUH +lQGHLP6SLHO´PHLQWH.HQQRQ]RUQLJ ³:HVKDOE VROOWHQ GLH $UDV YHUKLQGHUQ ZROOHQ GD +HPDOV YRQ 7HUUDQHUQ EHVLHGHOW ZLUG"´ KLHOW LKP 7HNHQHU HQWJHJHQ ³,FK NHQQH EHUKDXSW NHLQHQ *UXQG ZDUXP MHPDQG 9HUEUHFKHQ LP JURHQ 6WLO YHUEW XP XQV YRP &\VWRERUV6\VWHP IHUQ]XKDOWHQ 'DV +RZDOJRQLXP NDQQ HV QLFKW VHLQ GHQQ HV JLEW JHQJHQG DQGHUH 3ODQHWHQPLW+RZDOJRQLXP9RUNRPPHQ´ ³9LHOOHLFKWJHKWHVJDUQLFKWXP+HPDOV´VDJWH$WODQUXKLJ³(LQH$UW(UIDKUXQJV ,QVWLQNWVDJWPLUGDGLH3HUVRQRGHU*UXSSHGLHKLQWHUGHQ&\VWRERUV0RUGHQVWHKW NHLQ XQPLWWHOEDUHV ,QWHUHVVH DQ GLHVHP 6RQQHQV\VWHP KDW 0|JOLFKHUZHLVH LVW DXI +HPDOV QXU HLQ +LQZHLV HLQH $UW 6SXU YHUERUJHQ GLH GHP (QWGHFNHU HLQ *HKHLPQLV YHUUlWGDVMHPDQGXQEHGLQJWYHUEHUJHQP|FKWH¶ (U EOLFNWH ]X GHQ DQGHUHQ 3HUVRQHQ KLQEHU 'LH KHUPHWLVFK LQ 3ODVWLNKlXWH YHUSDFNWHQ 7RWHQ ZXUGHQ DXI HLQH 'HVLQWHJUDWLRQVSODWWH JHOHJW ,QQHUKDOE ZHQLJHU 6HNXQGHQ ZUGHQ VLH PLWVDPW GHQ W|GOLFKHQ 9LUHQ YHUQLFKWHW VHLQ 'DV *HVLFKW GHV 5HJLHUHQGHQ/RUGDGPLUDOVYHUILQVWHUWHVLFK ³'LH 0|UGHU PVVHQ VLFK´QRFK DXI +HPDOV EHILQGHQ´ IOVWHUWH 6LQFODLU 0DURXW
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
.HQQRQ $WODQEOLFNWHGHQ+DOEURERWHUSUIHQGDQ ³:DVVFKODJHQ6LHYRU"´ ³:LUZHUGHQXQVVWUHLWHQ6LHDOV/RUGDGPLUDOXQGZLUDOV9HUWUHWHUGHU&9&:HU XQVHU HQWVSUHFKHQGHV 7HOHNRPJHVSUlFK PLWK|UW PX JODXEHQ ]ZLVFKHQ XQV ZlUH )HLQGVFKDIWDXVJHEURFKHQ´ ³,FK YHUVWHKH´ HUZLGHUWH GHU $UNRQLGH ³,FK EHIHKOH ,KQHQ PLWVDPW (9$ ,, +HPDOVXQYHU]JOLFK]XUlXPHQ6LHGDJHJHQGURKHQPLUPLWGHUZLUWVFKDIWOLFKHQ0DFKW GHU&9&XQGHYHQWXHOOPLWHLQHU9HUIDVVXQJVNODJH´ ³:RUDXIKLQ 6LH´ HUJlQ]WH 7HNHQHU ³HUNOlUHQ GD 6LH XQV XQVHUHP ZHLWHUHQ 6FKLFNVDO EHUODVVHQ XQG NHLQH 9HUDQWZRUWXQJ IU XQV EHUQHKPHQ 'LH 9HUEUHFKHU VROOHQJODXEHQ6LHKlWWHQOHLFKWHV6SLHOPLWXQV´ $WODQQLFNWH]XVWLPPHQG ³(LQYHUVWDQGHQ :DUWHQ 6LH KLHU ELV LFK LQ PHLQH 6SDFH-HW VWHLJH ,Q GLHVHP 0RPHQWVWDUWHQ6LHXQGIOLHJHQPLWKRKHU*HVFKZLQGLJNHLWQDFK6GHQ,FKZHUGH6LH DXI GHU =LYLOIORWWHQIUHTXHQ] DQUXIHQ XQG GDJHJHQ SURWHVWLHUHQ GD 6LH JHJHQ XQVHUH $EVSUDFKHYHUVWRHQQDFKGHU6LHVLFK]XP/DQGHSODW]YRQ(9$,,EHJHEHQZROOWHQ ZlKUHQG LFK ,KQHQ XQG GHQ 8QWHUVXFKXQJVNRPPDQGRV GDIU HLQH YLHUXQG]ZDQ]LJVWQGLJH )ULVW IU GHQ $XIHQWKDOW DXI +HPDOV ]XJHVWDQGHQ KlWWH 'DV ZLUGGDQQGHU$QIDQJGHUVLFKHVNDOLHUHQGHQ$XVHLQDQGHUVHW]XQJVHLQ´ 6HLQH0LHQHZLUNWHEHVRUJWDOVHUVHLQHEHVWHQ6SH]LDOLVWHQDQVDK ³$EHULP1RWIDOOZHUGHLFKHLQJUHLIHQPHLQH+HUUHQ,FKP|FKWHQLFKWDXFKQRFK 6LHYHUOLHUHQ´ 5RQDOG 7HNHQHU OlFKHOWH WURW] GHU .DQJRV0DVNH GDV DOWH JHIUFKWHWH /lFKHOQ GHV³6PLOHUV´ ³:HQQ DXI +HPDOV QRFK MHPDQG VWLUEW GDQQ ZHUGHQ HV GLH 9HUEUHFKHU VHLQ /RUGDGPLUDO´HUNOlUWHHUNDOW 'HU $UNRQLGH VDOXWLHUWH VFKZHLJHQG GUHKWH VLFK XP XQG JLQJ ]X VHLQHP 'LVNXVVFKLII]XUFN 1DFK GHU ³HUELWWHUWHQ $XVHLQDQGHUVHW]XQJ´ PLW GHP &KHI GHU 81,7(' 67$56¶ 25*$1,=$7,21 VFKLFNWHQ 7HNHQHU XQG .HQQRQ DOLDV .DQJRV 5DL]6HODVH XQG 'DPDUNXV6HOH\WGHU6SH]LDOURERWHU7DFK\[]XUFNXQGVWUHLIWHQLKUH,VROLHUDQ]JHDE ³(LJHQWOLFKLVWHVHLQ6SLHOZDVGXWUHLEVW.DQJRV´EHPHUNWH.HQQRQZlKUHQG GLH EHLGHQ 8626SH]LDOLVWHQ DP 5DQG HLQHU WLHIHQ 6FKOXFKW HQWODQJ IORJHQ ³)ROJOLFK PWHLFK2QNHO+DJEXUV(UEHHUKDOWHQ´ ³'XNDQQVWMDGDUDXINODJHQ'DPDUNXV´JDE7HNHQHUQlVHOQG]XUFN³$EHUNHLQ *HULFKWZLUGGLUUHFKWJHEHQ:DVLFKKLHUWUHLEHLVWQlPOLFKNHLQ6SLHOVRQGHUQ$UEHLW ,FK EH PHLQHQ %HUXI DXV LQGHP LFK DOOHV YHUVXFKH XP GDV YRQ 2QNHO +DJEXU LQ $QJULIIJHQRPPHQH3URMHNWGXUFK]XGUFNHQ´ ³2QNHO +DJEXU ZXUGH HUPRUGHW ZHLO HU GLH (UULFKWXQJ YRQ +RWHONRPSOH[HQ DXI +HPDOV SODQWH :DV PHLQVW GX ZDV PDQ PLW GLU PDFKHQ ZLUG QRFK GD]X ZR GX GHQ /RUGDGPLUDOYRUGHQ.RSIJHVWRHQKDVW´
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
³:HQQPHLQH8QWHUQHKUQXQJHQGLU]XJHIlKUOLFKHUVFKHLQHQOLHEHU9HWWHUNDQQVW GXMHGHU]HLWXPNHKUHQ´ .HQQRQODFKWHK|KQLVFK ³'DPLW GX XQJHVWUDIW GHLQHU 6SLHOOHLGHQVFKDIW IU|QHQ NDQQVW .DQJRV 1HLQ LFK EOHLEH GLU DXI GHQ )HUVHQ ELV LFK GDV (UEH DQWUHWH GDV RKQHKLQ QXU LQLU UHFKWPlLJ ]XVWHKW´ ³/DIIH´ HUZLGHUWH 7HNHQHU (U KRIIWH GD GLH 9HUEUHFKHU GDV PLW UHODWLY JURHU 6HQGHOHLVWXQJJHIKUWH7HOHNRPJHVSUlFK]ZLVFKHQGHQEHLGHQ³9HWWHUQ´PLWK|UWHQXQG EDOGHWZDVXQWHUQDKPHQ ³6HOEHU /DIIH´ VFKULH ³'DPDUNXV´ ZWHQG ³%LOGH GLU EOR QLFKW HLQ GX N|QQWHVW PLFK XQJHVWUDIW EHVFKLPSIHQ QXU ZHLO GX GLFK XQUHFKWPlLJ LQ GHQ %HVLW] YRQ 2QNHO +DJEXUV(UEVFKDIWVHW]HQNRQQWHVW'XELVWGRFKQXUHLQNRVPLVFKHU*HQ9HUVDJHUHLQ )UDXHQKHOGXQG)HLJOLQJ´ 5RQDOG7HNHQHUKlWWHEHLQDKHGXUFKGLH=lKQHJHSILIIHQDOVGDV6WLFKZRUWILHO (UXQG.HQQRQKDWWHQYHUHLQEDUWGDGHU+DOEURERWHULKQHLQHQ)HLJOLQJQHQQHQVROOWH VREDOG GLH HPSILQGOLFKHQ 2UWXQJVJHUlWH VHLQHU 9ROOSURWKHVH GLH 1lKH DQGHUHU ,QWHOOLJHQ]HQDQ]HLJWHQ1XQKLHHVVLFKGHQ9HUEUHFKHUQXQDXIIlOOLJ³DQ]XELHWHQ´ ³'DIUVFKODJHLFKGLUGHLQH5DII]lKQHHLQ9HWWHU'DPDUNXV´HUNOlUWH³.DQJRV´ ³:HQQGXHLQ0DQQVHLQZLOOVWGDQQODQGHGRUWXQWHQZRGLH 6FKOXFKWVLFK]XHLQHP 7DONHVVHOHUZHLWHUW'DQQN|QQHQZLUIHVWVWHOOHQZHUYRQXQVHLQ)HLJOLQJLVW´ ³'DPDUNXV6HOH\W´ODFKWHEUXWDO ³+LQWHUKHUZLUGGHLQ*HVLFKWZHQLJVWHQVQLFKWPHKUZHLELVFKDXVVHKHQ7DHIGX $OVRODQGHQZLUGRUW´(UGURVVHOWHGLH/HLVWXQJVHLQHV)OXJDJJUHJDWHV 7HNHQHUIROJWHGHP%HLVSLHO.HQQRQV:lKUHQGVLHDEEUHPVWHQXQGGDEHLHLQH 6FKOHLIHIORJHQHUNOlUWHHULQGURKHQGHP7RQ ³)U GLH DEZHUWHQGH 1HQQXQJ GHV *RWWHV 7DHIGX ZLUVW GX PLU EHQ²VR ZDKU 7DHIGXLP6FKlFKWHOFKHQYHUZDKUWLVW´ ³6HOH\W´ODFKWHVFKULOO 'LH EHLGHQ 0lQQHU ODQGHWHQ LQ GHU 0LWWH GHV 7DONHVVHOV :lKUHQG VLH LKUH :DIIHQJUWHO XQG 7RUQLVWHU$JJUHJDWH DEOHJWHQ EHVFKLPSIWHQ XQG EHOHLGLJWHQ VLH VLFK ZHLWHU6FKOLHOLFKWUXJHQVLHQXUQRFKGLH³]LYLOHQ.DPSIDQ]JH´ZLHVLHYRQGHU&9& YHUZHQGHWZXUGHQ$OOHUGLQJVVWHOOWHQLKUH$Q]JH1DFKDKPXQJHQGDULQGHQHQVLFK ]DKOUHLFKHYHUERUJHQH4XDOLWlWHQHFKWHU862.DPSIDQ]JHYHUEDUJHQ ³'DPDUNXV6HOH\W´VFKOXJVHLQHQ+HOP]XUFNXQGYHU]RJGDV*HVLFKW]XHLQHP ]\QLVFKHQ/lFKHOQ ³6LHNUHLVHQGLH6FKOXFKWHLQ´IOVWHUWHHUNDXPK|UEDU³)QI]HKQ3HUVRQHQLP 6FKXW]YRQ'HIOHNWRUVFKLUPHQ´ /DXWVDJWHHU ³6FKODJH GHLQHQ +HOP ]XUFN 9HWWHU .DQJRV 2GHU IUFKWHVW GX GHLQ 0LOFKJHVLFKWN|QQWH%HXOHQEHNRPPHQ´ ³.DQJRV 5DL]6HODVH´ NODSSWH VHLQHQ +HOP ]XUFN OlFKHOWH QLFKWVVlJHQG XQG VFKOXJHLQHLP$QVDW]NDXPHUNHQQEDUHUHFKWH*HUDGHGLH³'DPDUNXV´DP.LQQWUDI 'HU+DOEURERWHUZDUQDWUOLFKXQHPSILQGOLFKJHJHQ)DXVWVFKOlJHDEHUHUPXWH ZLHHLQHFKWHU0HQVFKUHDJLHUHQ(UWDXPHOWH]ZHL6FKULWWH]XUFNXQGVWU]WHGDQQ]X %RGHQ %HYRU HU VLFK ZLHGHU DXIJHULFKWHW KDWWH VDJWH HLQH XQDQJHQHKPH KHLVHUH
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
6WLPPH ³%OHLEHQ 6LH ZR 6LH VLQG )DVVHQ 6LH NHLQH :DIIH DQ IDOOV 6LH QLFKW VWHUEHQ ZROOHQ6LHVLQGXP]LQJHOW´ 7HNHQHU EOLFNWH VLFK XP (U VDK IQI]HKQ 3HUVRQHQ LQ ROLYEUDXQHQ .DPSIDQ]JHQGLHYRP5DQGGHU6FKOXFKWDXVODQJVDP]X%RGHQVDQNHQ)QI]HKQ 6WUDKOZDIIHQZDUHQDXIGLHEHLGHQ³9HWWHUQ´JHULFKWHW ³:DV VROO GDV 7KHDWHU"´ IUDJWH HU KRFKPWLJ ³9HUVFKZLQGHQ 6LH 'HU 6WUHLW ]ZLVFKHQ PHLQHP 9HWWHU XQG PLUJHKW$XHQVWHKHQGHQLFKWVDQ´(UYHUVXFKWHGXUFK GLH UHIOHNWLHUHQGHQ .XJHOKHOPH GHU 9HUEUHFKHU GLH *HVLFKWHU GDKLQWHU ]X HUNHQQHQ DEHUHVJHODQJLKPQLFKW ³'DPDUNXV 6HOH\W´ VHW]WH VLFK DXI XQG EHWDVWHWH VHLQ .LQQ 'DQQ VWDUUWH HU ]X GHQ)UHPGHQKLQXQGVDJWHPLWVFKZHUHU=XQJHDOVZlUHHUQRFKYRQ³.DQJRV´¶6FKODJ EHQRPPHQ ³-DZRKO YHUVFKZLQGHQ 6LH (V VHL GHQQ 6LH N|QQHQ PHLQHQ 9HWWHU .DQJRV ]X HLQHP6SLHOFKHQEHUUHGHQ´ 'LH IQI]HKQ )UHPGHQ ODQGHWHQ XQG ELOGHWHQ HLQHQ .UHLV XP GLH 862 6SH]LDOLVWHQGDQQ|IIQHWHQVLHQDFKHLQDQGHULKUH+HOPH 5RQDOG 7HNHQHU EHPKWH VLFK ³.DQJRV´¶ *HVLFKWVDXVGUXFN EODVLHUW ZLUNHQ ]X ODVVHQ(UVWULFKVHLQJROGEORQGHVJHZHOOWHVODQJHV+DDUPLWGHQ)LQJHUVSLW]HQJODWWXQG OlFKHOWH PLW KDOERIIHQHP 0XQG ]X GHU GXQNHOlXJLJHQ )UDX KLQEHUGLH ]X GHQ 9HUEUHFKHUQ JHK|UWH (V ZDU GLH HLQ]LJH )UDX DOOH EULJHQ YLHU]HKQ 3HUVRQHQ ZDUHQ 0lQQHUGDYRQHLQHUHLQGHXWLJHLQ$QJHK|ULJHUGHU$UDVGHV9RONHVGHU*DODNWLVFKHQ 0HGL]LQHU ³0HLQ 1DPH LVW .DQJRV 5DL]6HODVH PHLQH 'DPH´ VDJWH 7HNHQHU HLQVFKPHLFKHOQG ³,FK IUHXH PLFK 6LH ]X VHKHQ :UGHQ 6LH ELWWH ,KUHQ %HJOHLWHUQ VDJHQ VLH P|FKWHQ GLH :DIIHQ ZHJVWHFNHQ ,FK ELQ HLQ IULHGOLFKHU 0HQVFK XQG PHLQ 9HWWHU'DPDUNXV6HOH\WNDQQQRWIDOOVOHLFKWEHUXKLJWZHUGHQ´ 'LH )UDX YHU]RJ GDV *HVLFKW ]X HLQHP IOFKWLJHQ /lFKHOQ GDQQ ZXUGH LKUH 0LHQHKDUWXQGDEZHLVHQG ³6LH UHGHQ NQIWLJ QXU ZHQQ 6LH GD]X DXIJHIRUGHUW ZHUGHQ 0U 5DL]6HODVH´ VDJWHGHU$UD³0U6HOH\WVWHKHQ6LHDXI-DVRLVWHVJXW/HJHQ6LHGLH+lQGHDXI GHQ5FNHQ6LHDXFK5DL]6HODVH´ ³:DVVROOGDVEHGHXWHQ"´SURWHVWLHUWH7HNHQHUODXWVWDUN³,FKZHUGHPHLQH/HXWH ´(UJULIIQDFKGHP6FKDOWHUGHV+HOPWHOHNRPV (WZDVSILIIGXUFKGLH/XIWGDQQEUHLWHWHVLFKHLQUDVHQGHU6FKPHU]LQ7HNHQHUV .|USHUDXV(LQH1HXURSHLWVFKHKDWWHVHLQH+DQGJHWURIIHQ%HQRPPHQVDKHUZLHGLH )UDX ODFKWH XQG GLH ODQJH YRQ HLQHP .UDIWIHOG JHVWHXHUWH KRKOH .XQVWVWRIIVFKQXU DXI .HQQRQV6FKXOWHUVDXVHQOLH $OV VLH GLH *ULIIVWFNVFKDOWXQJ DEHUPDOV GUFNHQ ZROOWH KRE GHU $UD GLH +DQG XQGULHI ³$XIK|UHQ0\UFD².HVEURGXQG/DUJKDQGLH$UEHLW´ =ZHL 0lQQHU HQWZHGHU .RORQLDOWHUUDQHU RGHU .RORQLDODUNRQLGHQ IHVVHOWHQ 7HNHQHU XQG .HQQRQ GLH +lQGH DXI GHP 5FNHQ 6LH YHUZHQGHWHQ GDEHL VWlKOHUQH +DQGVFKHOOHQGLHGXUFKNXU]H6WDKOVWDQJHQPLWHLQDQGHUYHUEXQGHQZDUHQ $QVFKOLHHQG WUDW GHU $UD YRU VHLQH *HIDQJHQHQ 1DFKGHP HU VLH HWZD HLQH KDOEH0LQXWHODQJVFKZHLJHQGJHPXVWHUWKDWWH´VDJWHHUOHLVH
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
³,FKZHUGH,KQHQHUNOlUHQZRUXPHVJHKWGDPLW6LHVLFKHQWVSUHFKHQGYHUKDOWHQ N|QQHQ 0HLQ 1DPH LVW +LWD %UHFQDF XQG LFK NRPPDQGLHUH GLHVH /HXWH :LU KDEHQ JDQ] EHVWLPPWH %HIHKOH DXV]XIKUHQ²XQG ZLU ZHUGHQ VLH DXVIKUHQ 9HUVXFKHQ 6LH DOVRQLFKWHUVWXQV]XEHVWHFKHQ´ ³:HUHUWHLOW,KQHQGLH%HIHKOH"´IUDJWH³.DQJRV´ ³,FKZHLHVQLFKW0U5DL]6HODVH6HLHQ6LHIURKGDUEHUGHQQZHQQLFK,KQHQ ZLFKWLJH )DNWHQ YHUULHWH PWH LFK 6LH XQG ,KUHQ OLHEHQ 9HWWHU DQVFKOLHHQG W|WHQ 8QVHUH*HVFKlIWHGXOGHQNHLQH0LWZLVVHU´ ³(VVFKHLQHQVHKUVFKPXW]LJH*HVFKlIWH]XVHLQ´HUNOlUWH³'DPDUNXV´LURQLVFK ³:DUXPODVVHQ6LHVLFKDXIVRHWZDVHLQ%UHFQDF"´ ³:HLOPDQXQVJXWEH]DKOWDXHUJHZ|KQOLFKJXWVRJDU´ ³8QG IU *HOG WXQ 6LH DOOHV´ ZDUI 7HNHQHU YHUlFKWOLFK HLQ ³6LH LQIL]LHUHQ VRJDU 0HQVFKHQPLWHLQHPW|GOLFKHQ9LUXV-D6LHULVNLHUHQGDGLHJHVDPWH7LHUZHOWGLHVHV 3ODQHWHQGXUFKGLH+HPDOV6HXFKHDXVJHURWWHWZLUG:LVVHQ6LHZDV6LHVLQG"´ ³:LU DUEHLWHQ ZHGHU 3OlQH DXV QRFK JHEHQ ZLU %HIHKOH´ HQWJHJQHWH GHU $UD ³8QGQXQ6FKOXPLWGLHVHQ)UDJHQ0\UFDGXUFKVXFKHGLH*HIDQJHQHQ´ 'LH)UDXPLWGHP1DPHQ0\UFDWUDWQlKHUHLQVDUGRQLVFKHV/lFKHOQXPVSLHOWH LKUH /LSSHQ :lKUHQG VLH GHQ IDOVFKHQ 'DPDUNXV 6HOH\W IDFKPlQQLVFK GXUFKVXFKWH PXVWHUWH7HNHQHUVLHHLQJHKHQG6LHZDUVHKUVFKODQNEHLQDKH]LHUOLFKXQGK|FKVWHQV 0HWHUJUR,KUH+DXWZDUKHOOEUDXQGDVVFKZDU]H+DDUKLQJODQJXQGJODWWKHUDE XQG ZXUGH LP 1DFNHQ YRQ HLQHP PLW +RZDOJRQLXP.ULVWDOOHQ EHVHW]WHQ 7UDQVSDUHQWVWDKO5LQJ]XVDPPHQJHIDW7HNHQHUNRQQWHQLFKWIHVWVWHOOHQ]XZHOFKHP GHU]DKOUHLFKHQKXPDQRLGHQ9|ONHUGHU*DOD[LVVLHJHK|UWH $OV VLH VLFK LKP ]XZDQGWH VDK 7HNHQHU GD VLH NHLQH NXJHOI|UPLJHQ VRQGHUQ VSDOWI|UPLJH 3XSLOOHQ EHVD 'DGXUFK HUZHFNWH VLH HLQHQ NDW]HQKDIWHQ (LQGUXFN ,UJHQGZLHHUOHLFKWHUWHHVLKQGD0\UFDQLFKWYRQ7HUUDQHUQDEVWDPPWH ³:DVVWDUUVWGXPLFKVRDQ*URHU"´IOVWHUWHVLHXQGGUlQJWHVLFKVSLHOHULVFKDQ LKQ$OV5RQDOG7HNHQHUVLFKDEZDQGWHWUDWVLHPLWZXWYHU]HUUWHP*HVLFKW]XUFNXQG ]RJDEHUPDOVGLH1HXURSHLWVFKHDXVGHP*UWHO ³/DGDV´EHIDKO%UHFQDF ³(UKDWPLFKDQJHIDW´ORJ0\UFD ³,FKIDVVHNHLQHQ6FKPXW]DQ´HUNOlUWH³.DQJRV´ 'HU$UDYHU]RJNHLQH0LHQHDEHUVHLQ7RQIDOOOLHNHLQHQ:LGHUVSUXFK]XDOVHU EHIDKO ³)OLHJH]XP6WW]SXQNWYRUDXV0\UFD´ $OV GLH )UDX GDV 7DO YHUODVVHQ KDWWH WUDW HU ]X 7HNHQHU XQG PXVWHUWH DXIPHUNVDPGDV*HVLFKWGHV³NRVPLVFKHQ*HQ9HUVDJHUV´ ³6LHVHKHQPLUZLHHLQ0DQQDXVGHU9HUQXQIWJUQGHQ]XJlQJOLFKLVW0U5DL] 6HODVH´HUNOlUWHHU³6FKOLHHQZLUHLQ*HVFKlIWDE6LHXQG,KU9HWWHUHUKDOWHQYRQXQV ,KU /HEHQ GDIU YHUODVVHQ 6LH +HPDOV XQG YHUSIOLFKWHQ VLFK GDV 3URMHNW ,KUHV YHUVWRUEHQHQ2QNHOVDXI]XJHEHQ´ 5RQDOG7HNHQHUOlFKHOWHNDOW ³0HLQ /HEHQ LVW QLFKW YLHO ZHUW GHQQ PDQ QHQQW PLFK HLQHQ NRVPLVFKHQ *HQ9HUVDJHU 6LH PVVHQ PLU VFKRQ PHKU ELHWHQ²VR ZDKU 7DHIGX LP 6FKlFKWHOFKHQ YHUZDKUWLVW´ ³7DHIGX",P6FKlFKWHOFKHQ"´'HU$UDZLUNWHEHUUDVFKW
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
³(V LVW VHLQ VSH]LHOOHU 6SOHHQ´ ZDUI .HQQRQ HLQ ³0DQ QHQQW LKQ VRJDU VFKRQ 7DHIGX ZHLO HU EHL MHGHU SDVVHQGHQ XQG XQSDVVHQGHQ *HOHJHQKHLW VHLQHQ 6SUXFK YRUEULQJW²VRZDKU7DHIGXLP6FKlFKWHOFKHQYHUZDKUWLVW¶6HQLOHV*HSODSSHU´ ³7DHIGXZLUGGLFKIUFKWHUOLFKVWUDIHQ´VDJWH7HNHQHUVWUHQJ +LWD%UHFQDFEOLFNWHXQVFKOVVLJYRQHLQHP]XPDQGHUHQGDQQEHIDKOHU ³'LH *HIDQJHQHQ ZHUGHQ ]XU (LQVDW]VWDWLRQ JHEUDFKW .HVEURG XQG /DUJK LKU YHUELQGHW LKQHQ GLH $XJHQ XQG VFKOLHW LKUH $JJUHJDW7RUQLVWHU ZLHGHU DQ 'DQQ VHW]W LKUHXFKKLQWHUGLH*HIDQJHQHQXQGEHUQHKPWGLH6WHXHUXQJLKUHU)OXJDJJUHJDWH´
5RQDOG 7HNHQHU GHP PDQ LQ]ZLVFKHQ GLH %LQGH YRQ GHQ $XJHQ JHQRPPHQ KDWWHVDKVLFKDXIPHUNVDPXPDOVVLHQDFKUXQGGUHL6WXQGHQ)OXJDXIHLQHVXPSILJH 6HQNH QLHGHUJLQJHQ (U NRQQWH QLUJHQGV $Q]HLFKHQ HLQHV 6WW]SXQNWHV HQWGHFNHQ $OOHUGLQJV KDWWHQ GLH 9HUEUHFKHU GLH 2UWXQJVDQODJHQ VHLQHV .DPSIDQ]XJHV XQEUDXFKEDUJHPDFKWVRGDHUDOOHLQDXIVHLQH$XJHQDQJHZLHVHQZDU .HVEURG GHU 0DQQ GHU GLH 6FKDOWXQJHQ VHLQHV )OXJDJJUHJDWHV EHWlWLJWH GUFNWH DXI GHQ .QRSI GHU 7HNHQHUV +HOPYHUVFKOX$XWRPDWLN DNWLYLHUWH 'DQDFK VFKDOWHWH HU HUQHXW DQ GHQ )OXJNRQWUROOHQ /DQJVDP VDQNHQ GLH *HIDQJHQHQ XQG LKUH %HZDFKHU DXI GLH LQ DOOHQ 5HJHQERJHQIDUEHQ VFKLOOHUQGH 6XPSIEUKH ]X DXV GHU IRUWZlKUHQG%ODVHQDXIVWLHJHQXQG]HUSODW]WHQ $OVVHLQH6WLHIHUGHQ6XPSIEHUKUWHQXQGHUDOOPlKOLFKHLQVDQNJODXEWH7HNHQHU HUVWPDQZROOWHLKQXQG³'DPDUNXV´HUPRUGHQ'RFKGDQQVREHUOHJWHHUKlWWHQLKUH %HZDFKHU LKQHQ QLFKW GLH +HOPH JHVFKORVVHQ $XHUGHP VDQNHQ DOOH YLHU]HKQ %HJOHLWHUHEHQIDOOVLQGLH6XPSIEUKH 6LH KDEHQ LKUH (LQVDW]VWDWLRQ XQWHU GHP 6XPSI YHUVWHFNW HUNDQQWH 7HNHQHU $EHU GDQQ KlWWH VLH VFKRQ PLW GHQ *HUlWHQ GHU 6SDFH-HW 0DMRU 7KUHHJRV JHRUWHW ZHUGHQPVVHQJDQ]]XVFKZHLJHQYRQGHQYLHOHPSILQGOLFKHUHQ2UWXQJVV\VWHPHQGHU ,03(5$725XQGGHU(9$,, .XU]YRUGHPHQGJOWLJHQ9HUVLQNHQILQJHUHLQHQLURQLVFKHQ%OLFN.HQQRQVDXI 'HU .RVPRNULPLQDOLVW²EH]LHKXQJVZHLVH GDV *HKLUQ LQ VHLQHU 9ROOSURWKHVH²ZXWH RIIHQEDUJHQDXZHOFKHhEHUOHJXQJHQVHLQHQ)UHXQG]XU=HLWEHVFKlIWLJWHQ 8QGVHLQ/lFKHOQNRQQWHQXUEHGHXWHQGDHUGLH$QWZRUWNDQQWH 5RQDOG 7HNHQHU OlFKHOWH IOFKWLJ ]XUFN GDQQ VFKOR VLFK GLH %UKH JXUJHOQG EHUVHLQHP.XJHOKHOP (UZHLZDUXPGLH(LQVDW]VWDWLRQGHU9HUEUHFKHUQLFKWJHRUWHWZXUGHEHUOHJWH HU8QG HU NDQQ HV QXU PLW GHQ 2UWXQJV XQG 0HJHUlWHQ VHLQHU 9ROOSURWKHVH HUNDQQW KDEHQ :DKUVFKHLQOLFK EHILQGHW VLFK XQWHU GHP 6XPSI HLQH /DJHUVWlWWH YRQ +RZDOJRQLXP XQG GLH IQIGLPHQVLRQDOHQ $XVVWUDKOXQJHQ GHV ³6FKZLQJTXDU]HV´ EHUODJHUQ GLH (QHUJLH(PLVVLRQHQ GHU GDUXQWHU OLHJHQGHQ 6WDWLRQ XQG ODVVHQ NHLQH +\SHURUWXQJ]X 6RZHLWPLWVHLQHQhEHUOHJXQJHQJHNRPPHQZLGPHWH7HNHQHUVLFKZLHGHUJDQ] VHLQHU 8PZHOW (U YHUVXFKWH ,QIRUPDWLRQHQ ]X HUKDOWHQ GRFK GLH Y|OOLJH 'XQNHOKHLW ULQJVXP OLH NHLQH (LQ]HOKHLWHQ HUNHQQHQ ,PPHUKLQ VDJWH LKP VHLQ *HIKO GD GDV 7RUQLVWHU$JJUHJDW GHVDNWLYLHUW ZDU (LJHQWOLFK KlWWH HU WURW] GHU VFKZHUHQ $XVUVWXQJ LQHLQHP6XPSIQLFKWXQEHJUHQ]WODQJHVLQNHQGUIHQ$XVGHU7DWVDFKHGDHUVWHWLJ
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
ZHLWHUVDQNVFKORHUDXIHLQHQ7UDNWRUVWUDKOGHUVLH]XP*UXQGGHV6XPSIHV]RJ 6FKlW]XQJVZHLVH ]ZDQ]LJ 0LQXWHQ VSlWHU HUW|QWH ODXWHV %OXEEHUQ XQG =LVFKHQ 'DPSIHQGH:DVVHUVWUDKOHQVlXEHUWHQ7HNHQHUV+HOPXQGDOVHUZLHGHUVHKHQNRQQWH HUNDQQWHHU GD VLH VLFK DOOH LQ HLQHU KDOENXJHOI|UPLJHQ 6FKOHXVHQNDPPHU EHIDQGHQ 6RHEHQ ZXUGHQ GLH OHW]WHQ 6FKODPPUHVWH YRQ EHZHJOLFKHQ 6FKOlXFKHQ DEJHVDXJW 6HLQ%HZDFKHUNODSSWH7HNHQHUVXQGVHLQHQHLJHQHQ+HOP]XUFN GLHEULJHQ0lQQHU IROJWHQVHLQHP%HLVSLHO ³,QWHUHVVDQWHU*DJGDV´QlVHOWH³.DQJRV´ +LWD%UHFQDFVDKGHQ7HUUDQHUHLJHQDUWLJDQGDQQZLQNWHHUVHLQHQ/HXWHQ'LH 8626SH]LDOLVWHQ ZXUGHQ ]X HLQHP YRQ GUHL .DELQHQOLIWV JHGUlQJW GLH LQ GHU 6FKOHXVHQNDPPHUPQGHWHQ=XVDPPHQPLWGHP$UDVRZLHPLW.HVEURG/DUJKXQG ]ZHL ZHLWHUHQ 0lQQHUQ JLQJ HV DEZlUWV 5RQDOG 7HNHQHU VFKlW]WH GLH ]XUFNJHOHJWH 6WUHFNHDXI]ZHLKXQGHUW0HWHU $OV VLH DXVVWLHJHQ VDKHQ GLH 8626SH]LDOLVWHQ GD VLH VLFK HUVW MHW]W LP HLJHQWOLFKHQ6WW]SXQNWEHIDQGHQ6LHVWLHJHQDXIHLQHVLFKODQJVDPGUHKHQGH6FKHLEH YRQ HWZD GUHLLJ 0HWHUQ 'XUFKPHVVHU XQG GXUFKTXHUWHQ DXI GLHVH :HLVH HLQH ZHLWH +DOOH 'LH %RGHQYLEUDWLRQHQ XQG GLH *HUlXVFKNXOLVVH YHUULHWHQ GD VWDUNH (QHUJLHDJJUHJDWHDUEHLWHWHQ %UHFQDF IKUWH VHLQH *HIDQJHQHQ LQ HLQH VWlKOHUQH .DPPHU GLH ELV DXI ]ZHL .XQVWVWRIIElQNHOHHUZDU7HNHQHUXQG.HQQRQPXWHQVLFKVHW]HQ'HU$UDVFKDOWHWH VHLQ $UPEDQG)XQNJHUlW HLQ XQG VSUDFK PLW MHPDQG GDQDFK |IIQHWH HU GLH GHP (LQJDQJJHJHQEHUOLHJHQGH7U ³%LWWHKLHUKLQHLQ´IRUGHUWHHUVHLQH*HIDQJHQHQDXI´ $OV5RQDOG7HNHQHUGXUFKGLH7UWUDWILHOVHLQ%OLFNDXI]DKOUHLFKH*HUlWHXQG .RQWUROOHQ ZLH VLH IU GLH )HUQVWHXHUXQJ XQG hEHUZDFKXQJ YRQ IHVW LQVWDOOLHUWHQ XQG PRELOHQ $JJUHJDWHQ YHUZHQGHW ZXUGHQ 'LH 6SH]LDOLVWHQ ZXUGHQ DQ HLQH IUHLH :DQG GLULJLHUWXQGYRQKHUDXVVFKQDSSHQGHQ*UHLIDUPHQIHVWJHKDOWHQ ³µ,FKZHUGH6LHYHUNODJHQ´GURKWH7HNHQHU³*ODXEHQ6LHQXUQLFKWGD6LHVLFK VROFKH 6DFKHQ PLW GHP +DJEXU(UEHQ OHLVWHQ N|QQHQ 'LH $QZlOWH GHU &9& VLQG ³EHNDQQWIULKUHHUIROJUHLFKDXVJHIRFKWHQHQ3UR]HVVH´ .HVEURG VWLH HLQH 5HLKH 6FKLPSIZRUWH DXV XQG VWDUUWH GHQ ³NRVPLVFKHQ *HQ 9HUVDJHU´KDHUIOOWDQ +LWD%UHFQDFYHU]RJLQGLJQLHUWGDV*HVLFKWXQGZLHV.HVEURGDXVGHP5DXP=X ³.DQJRV´VDJWHHU ³%LWWHHQWVFKXOGLJHQ6LHGDVVFKOHFKWH%HQHKPHQGLHVHU3HUVRQ.HVEURGLVWHLQ 7HUUDQHU XQG LFK KlWWH LKQ QLH LQ PHLQH 7UXSSH DXIJHQRPPHQ ZHQQ PLU JHQJHQG DULGHUH.UlIWH]XU9HUIJXQJVWQGHQ´ ³,FKELQDXFKHLQ7HUUDQHU´HUZLGHUWH7HNHQHUJHODVVHQ %UHFQDFZLQNHOWHGLH$UPHDQXQGVSUHL]WHGLH'DXPHQVFKUlJQDFKLQQHQ ³$OV VRJHQDQQWHU NRVPLVFKHU *HQ9HUVDJHU VLQG 6LH DOOHQ ,QWHOOLJHQ]HQ GHV .RVPRV]XJHK|ULJ0U5DL]6HODVH´ ³6LHKGDHLQSKLORVRSKLHUHQGHU%DQGHQFKHI´K|KQWH.HQQRQ6HOH\W 'HU $UD YHU]RJ GLH /LSSHQ ]X HLQHP GURKHQGHQ /lFKHOQ DOV HU ³'DPDUNXV 6HOH\W´DQEOLFNWH ³)U,KUH([LVWHQ]EHVWHKWHLJHQWOLFKNHLQHLQOHXFKWHQGHU*UXQG6HOH\W´VDJWHHU OHLVH³:HQQ0U5DL]6HODVHDXIPHLQH%HGLQJXQJHQHLQJHKWZHUGHLFKLKQIUHLODVVHQ
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
DEHULFKZWHQLFKWZDUXPLFKDXFK6LHIUHLODVVHQVROOWH´ 6LQFODLU 0DURXW .HQQRQ VSLHOWH GHQ ]XWLHIVW (UVFKURFNHQHQ (U HUEOHLFKWH ELV ]X GHQ+DDUZXU]HOQXQGVWDPPHOWH ³'DVGDVNDQQGRFKQLFKW²QLFKW,KU(UQVWVHLQ´ $OV HU NHLQH $QWZRUW GDUDXI HUKLHOW VFKOXFNWH HU HLQLJH 0DOH GHXWHWH GDQQ DXI 7HNHQHUXQGVDJWH ³.DQJRVZLUGQLHPDOVQDFKJHEHQ(ULVWHLQYHUERKUWHU,GHDOLVWGHUQRFKDQGDV JODXEWZDVHUGHQ/HXWHQHU]lKOW/DVVHQ6LHVLFKQLFKWGXUFKVHLQZHLELVFKHV*HVLFKW WlXVFKHQ$EHUZHQQHUVWLUEWHUEHLFKGLH&9&:DUXPVFKOLHHQQLFKWZLUGHQ+DQGHO DE%UHFQDF"´ 'HU$UDVSLHYRU³6HOH\W´DXV ³:HLOLFK,KUHQ&KDUDNWHUNHQQH6HOH\W,FKZWHGD6LHPLFK]XKLQWHUJHKHQ YHUVXFKWHQ´ (LQVDUGRQLVFKHV/lFKHOQJOLWWEHUVHLQ*HVLFKW ³(LJHQWOLFK VROOWH LFK 6LH 0\UFD 6W\UU EHUODVVHQ 'LH &KURWKDQHULQ ZUGH VLFK IUHXHQZLHGHUHLQPDOHLQH7VHHWKIHLHUQ]XN|QQHQ´ 5RQDOG7HNHQHUPXWHVLFKJHZDOWVDP]XVDPPHQUHLHQXPGHP$UDQLFKW]X ]HLJHQZLHDEVFKHXOLFKHULKQIDQG0\UFD6W\UUZDUDOVRYRQ&KURWDQ GDVHUNOlUWHGHQ 6DGLVPXV GHQ VLH LP 8PJDQJ PLW GHU 1HXURSHLWVFKH EHZLHVHQ KDWWH $XI &KURWKDQ KHUUVFKWHQ %UlXFKH GLH GHQ PHLVWHQ DQGHUHQ JDODNWLVFKHQ 9|ONHUQ JUDXHQHUUHJHQG HUVFKLHQHQ6RODQJHGLHVH'LQJHVLFKDXI&KURWKDQDEVSLHOWHQJHK|UWHQVLH]XLQWHUQHQ $QJHOHJHQKHLWHQ$EHUHVZDUYHUEUHFKHULVFK&KURWKDQHURGHU&KURWKDQHULQQHQJHJHQ $QJHK|ULJHDQGHUHU9|ONHUHLQ]XVHW]HQ .HQQRQ VSLHOWH GHQ $KQXQJVORVHQ ZHLO LKP EHNDQQW ZDU GD GHU HFKWH 'DPDUNXV 6HOH\W GLH FKURWKDQLVFKHQ %UlXFKH QLFKW NDQQWH (U ODFKWH ]\QLVFK XQG HUNOlUWH ³(V IUDJW VLFK ZHU LQ GLHVHP )DOO ZHP EHUODVVHQ ZUGH %UHFQDF 1D ORV VFKRQ6SHUUHQ6LHGLH:LOGNDW]HPLWPLU]XVDPPHQ´ (U VSLHOW GHQ :LGHUOLQJ 'DPDUNXV 6HOH\W VR OHEHQVHFKW GD HV VRJDU PLFK DQZLGHUWREZRKOLFKZHLGDDOOHVQXU7KHDWHULVWGDFKWH7HNHQHUEHLVLFK /DXWVDJWHHU ³+|UHQ6LHQLFKWDXIPHLQHQ9HWWHU0U%UHFQDF(UKDWNHLQH$KQXQJZRYRQGLH 5HGHLVW²VRZDKU7DHIGXLP6FKlFKWHOFKHQYHUZDKUWLVW´ 'HU$UDVDKLKQHUQVWDQ ³:LH LFK EHUHLWV VDJWH KDEH LFK HLQH EHVWLPPWH $XIJDEH ]X HUIOOHQ 0U 5DL] 6HODVH 'DIU ZHUGH LFK EH]DKOW 'XUFK GLH 6FKQIIHOHL YRQ GUHL 8626SH]LDOLVWHQ LVW HLQH/DJHHQWVWDQGHQGLHNRPSURPLORVHV9RUJHKHQHUIRUGHUW´ :LHUHFKWGXKDVWGDFKWH7HNHQHU]RUQLJ$EHUHUlXHUWHVLFKQLFKWGD]X ³'LH VRJHQDQQWH +HPDOV6HXFKH´ IXKU +LWD %UHFQDF IRUW ³EUHLWHW VLFK PLW UDVHQGHU *HVFKZLQGLJNHLW DXV 'HU YRQ GHP 8626FKLII HUULFKWHWH (QHUJLHVFKLUP KDW VLH QLFKW EHJUHQ]HQ N|QQHQ ,FK EUDXFKWH 6LH 0U 5DL]6HODVH XQG ,KUHQ 9HWWHU QXU XQJHVFKW]W IUHL]XODVVHQ XQG 6LH ZUGHQ VLFK LQIL]LHUHQ ,QQHUKDOE ZHQLJHU 6WXQGHQ EHJlQQH,KU.|USHUDXV]XWURFNQHQ´ 7HNHQHUV*HVLFKWZLUNWHZLHHLQHVWHLQHUQH0DVNHDOVHUHUZLGHUWH ³(VLVWVHKUEHGDXHUOLFKGDLKU$UDVHXFKIUYHUEUHFKHULVFKH$NWLRQHQKHUJHEW DQVWDWWHXHUKHUYRUUDJHQGHV.|QQHQDXIGHP*HELHWGHU0HGL]LQXQGDOOHUYHUZDQGWHQ
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
*HELHWH IU GDV :RKO GHU JDODNWLVFKHQ 9|ONHU HLQ]XVHW]HQ ,FK JODXEH QLFKW GD HLQH 1RWZHQGLJNHLW GD]X EHVWDQG GLH GUHL 8626SH]LDOLVWHQ PLW DEVROXW W|GOLFKHQ 9LUHQ ]X LQIL]LHUHQ²VRZLHHVY|OOLJXQQ|WLJZDUGLHVHQDOWHQ3URVSHNWRUPLWHLQHPYHUJLIWHWHQ .OHWWHQJHVFKR]XHUPRUGHQ´ ³'LH(QWVFKHLGXQJGDUEHUZHOFKH9LUHQHLQJHVHW]WZHUGHQOLHJWQLFKWEHLPLU´ HQWJHJQHWHGHU$UD³XQGPLWGHP7RGGHV3URVSHNWRUVKDEHQZLUQLFKWV]XWXQ$EHU ZLHEHUHLWVJHVDJWLFKPXPHLQH$XIJDEHHUIOOHQ´ ³.RPPHQ 6LH HQGOLFK ]XP .HUQSXQNW GHU $QJHOHJHQKHLW´ IRUGHUWH 7HNHQHU.DQJRV ³6LH ZROOHQ GD LFK GDV +RWHOSURMHNW PHLQHV HUPRUGHWHQ 2QNHOV +DJEXU DXIJHEH 1HQQHQ 6LH PLU HLQHQ YHUQQIWLJHQ *UXQG GDIU XQG ZLU ZHUGHQ GDUEHUVSUHFKHQ´ ³,FKNHQQHGHQ*UXQGVHOEHUQLFKW¶HUZLGHUWH%UHFQDF ³$EHU 6LH KDEHQ :LUEHOVWUPH XQG :DOGEUlQGH HQWIHVVHOW HLQ .RORQLVWHQVFKLII PLWVDPW %HVDW]XQJ YHUQLFKWHW GUHL 8626SH]LDOLVWHQ HUPRUGHW XQG HLQHQ 7HLO GHV 3ODQHWHQYHUVHXFKW´ULHI7HNHQHUHPS|UW³:ROOHQ6LHEHKDXSWHQ6LHKlWWHQDOOHGLHVH DEVFKHXOLFKHQ8QWDWHQEHJDQJHQRKQHHLQHQ*UXQGGDIU]XNHQQHQRGHUDXFKQXU]X DKQHQ"´ 'HU$UDSUHWHGLH/LSSHQ]XVDPPHQXQGVFKZLHJ 5RQDOG7HNHQHUDKQWHGD%UHFQDFGLH:DKUKHLWVDJWH:DKUVFKHLQOLFKZUGHQ GLH XQEHNDQQWHQ +LQWHUPlQQHU GHU EH]DKOWHQ 0|UGHU MHGHQ XPEULQJHQ GHU LKUH %HZHJJUQGHDXFKQXUDKQWH'LH9HUEUHFKHQYRQ%UHFQDFXQGVHLQHQ/HXWHQZXUGHQ GDGXUFKDOOHUGLQJVLQNHLQHU:HLVHDEJHPLOGHUW ³.DQJRV5DL]6HODVH´VHXI]WHVFKZHU ³$OVRJXW,FKZHUGHGDV3URMHNW+HPDOVVWUHLFKHQODVVHQ$OOHUGLQJVEHVWHKHLFK GDUDXIGDPHLQ9HWWHU'DPDUNXVPLWPLU]XVDPPHQIUHLJHODVVHQZLUG´ ³2EZRKOHUVLFKDXI,KUH.RVWHQIUHLNDXIHQZROOWH"´IUDJWH+LWD%UHFQDFYHUEOIIW .HQQRQ6HOH\WODFKWHVFKDOOHQG ³6LH NHQQHQ GHQ OLHEHQ JURHQ -XQJHQ 7DHIGX QRFK LPPHU QLFKW ULFKWLJ $UD 2KQH *UXQG QHQQW PDQ /HXWH ZLH LKQ QLFKW NRVPLVFKH *HQ9HUVDJHU¶ 6LH YHUVDJHQ QlPOLFK PHLVW ZR HV DXI LKUHQ 9RUWHLO DQNRPPW VLH N|QQHQ NHLQH ([LVWHQ] ]HUVW|UHQ XQG ILQGHQ IU GDV 9HUKDOWHQ DQGHUHU 0HQVFKHQ LPPHU HLQH (QWVFKXOGLJXQJ .XU]XP VLHVLQGLQWHOOHNWXHOOH,GLRWHQ´ ³9LHOHQ 'DQN IU ,KUHQ 9HUVXFK HLQHU %HOHKUXQJ 6HOH\W´ VDJWH GHU $UD YHUlFKWOLFK ³$EHU HU ZDU XQQ|WLJ ,FK ZHL VHOEHU ZLH ZHQLJ LFK HLQHP YHUVSRQQHQHQ ,GHDOLVWHQ ZLH .DQJRV 5DL]6HODVH WUDXHQ NDQQ (U EUlFKWH HV IHUWLJ XQVHUH $EPDFKXQJ ]X EUHFKHQ ZHLO HU GDV IU VHLQH 3IOLFKW DOV OR\DOHU %UJHU GHV 6RODUHQ ,PSHULXPVKlOW´ (UYHU]RJGLH/LSSHQ]XHLQHPJUDXVDPHQ/lFKHOQ ³'HVKDOE ZHUGH LFK HLQH XQEHGLQJW ZLUNVDPH 6LFKHUKHLW HLQEDXHQ 6LH 6HOH\W XQG0U5DL]6HODVHZHUGHQPLWGHU+HPDOV6HXFKHLQIL]LHUW.HLQH6RUJHZLUEHVLW]HQ GDV *HJHQPLWWHO 6LH ZHUGHQ LPPHU JHUDGH VR YLHO GDYRQ EHNRPPHQ GD GLH .UDQNKHLW QLFKW DXVEULFKW 6ROOWH 0U 5DL]6HODVH VLFK QLFKW DQ XQVHUH $EPDFKXQJ KDOWHQ EOHLEW GHU 1DFKVFKXE GHV *HJHQPLWWHOV DXV XQG 6LH EHLGH ZHUGHQ LQQHUKDOE NXU]HU=HLWVWHUEHQ´ 7HNHQHUIKOWHZLHVLFKVHLQ+DOV]XVFKQUWH'HQQRFKOlFKHOWHHU ³'DV QHQQH LFK UDIILQLHUW 0U %UHFQDF $EHU ZDV LVW ZHQQ GHU 1DFKVFKXE GHV
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
*HJHQPLWWHOVHLQPDOQLFKWIXQNWLRQLHUW"´ ³'DV ZlUH VHKU EHGDXHUOLFK IU 6LH´ DQWZRUWHWH GHU $UD ³$EHU HV LVW XQZDKUVFKHLQOLFKGDGLHVHU)DOOMHPDOVHLQWULWW´ 'X OJVW GDFKWH 5RQDOG 7HNHQHU 'X OJVW ZHLO GX $QJVW KDVW GHLQH $XIJDEH QLFKW ]XU YROOHQ =XIULHGHQKHLW GHLQHU $XIWUDJJHEHU ]X HUIOOHQ :DV PLW PLU JHVFKLHKW VREDOGGDV3URMHNW+HPDOVJHVWULFKHQLVWGUIWHGLUJOHLFKJOWLJVHLQ 'LH EHLGHQ 8626SH]LDOLVWHQ ZHFKVHOWHQ HLQHQ UDVFKHQ %OLFN XQG MHGHU HUNDQQWH LQ GHQ $XJHQ GHV DQGHUHQ GHQ IHVWHQ :LOOHQ VLFK QLHPDOV DXI *QDGH RGHU 8QJQDGHGLHVHQ9HUEUHFKHUQXQGLKUHQ+LQWHUPlQQHUQDXV]XOLHIHUQ 6RIHUQLKQHQHLQH:DKOEOLHE
$OV PDQ VLH YRQ GHQ *UHLIDUPHQ GHU :DQG EHIUHLWH ZlUH GDV IU .HQQRQ HLQ JQVWLJHU$XJHQEOLFNJHZHVHQXPGLHHLJHQHQ+DQGIHVVHOQ]XVSUHQJHQXQGGLHYLHU DQZHVHQGHQ9HUEUHFKHU]XEHUZlOWLJHQ $EHU HU KDQGHOWH QLFKW XQG 5RQDOG 7HNHQHU VLJQDOLVLHUWH GHP )UHXQG VHLQH =XVWLPPXQJPLWGHQ$XJHQ 6FKOLHOLFK KDWWHQ GLH EHLGHQ 8626SH]LDOLVWHQ VLFK QLFKW JHIDQJHQQHKPHQ ODVVHQ XP GDQQ QLFKWV ZHLWHU ]X HUUHLFKHQ DOV GLH 5HWWXQJ GHV HLJHQHQ /HEHQV 6LH PXWHQ PHKU OHLVWHQ PXWHQ ]XPLQGHVW YHUVXFKHQ GDV YRQ %UHFQDF HUZlKQWH 0LWWHO JHJHQ GLH VFKUHFNOLFKH +HPDOV6HXFKH ]X ILQGHQ XQG HWZDV GDYRQ PLW]XQHKPHQ $XHUGHP KDWWHQ VLH GDIU ]X VRUJHQ GD NHLQH DUEHLWVIlKLJH (LQVDW]VWDWLRQ ]XUFNEOLHE YRQ GHU DXV 8QKHLO JHVWLIWHW ZHUGHQ NRQQWH 8QG ZHQQ VLH VFKRQ GLH 9HUEUHFKHUQLFKWPLWQHKPHQNRQQWHQPXWHQVLHLKQHQDOOHVZHJQHKPHQPLWGHPVLH ZHLWHUH9HUEUHFKHQEHJHKHQNRQQWHQ 7HNHQHUEHUOHJWHREEHL%HUFNVLFKWLJXQJVRYLHOHU*HVLFKWVSXQNWHEHUKDXSW QRFK=HLWEULJEOHLEHQZUGHXPHLQH,QIL]LHUXQJ]XYHUKLQGHUQ 'HVKDOEDWPHWHHUDXIDOV+LWD%UHFQDFVLHYRUHUVWLQHLQH=HOOHVSHUUHQOLH(U EOLFNWHGHQ+DOEURERWHUIUDJHQGDQ 6LQFODLU0DURXW.HQQRQVFKWWHOWHGHQ.RSI ³.HLQH $EK|UDQODJHQ $EHU GUHLLJ =HQWLPHWHU VWDUNH 7HUNRQLWZlQGH XQG HLQH +RFKHQHUJLHVFKOHXVH%UHFQDFZLOODEVROXWVLFKHUJHKHQGDZLULKPQLFKWHQWZLVFKHQ´ ³'DV LVW YHUVWlQGOLFK GHQQ HV ZUGH LKP GDV /HEHQ NRVWHQ :LH VFKDXW HV PLW GHU'HFNHDXVRGHUPLWGHP)XERGHQ9HWWHU'DPDUNXV"´ ³'XUFK $NWLYLHUXQJVNRQWDNWH DEJHVLFKHUW 9HWWHU .DQJRV´ HUZLGHUWH .HQQRQ ³6REDOG HLQ )UHPGN|USHU LQ GLH /DPHOOHQNRQVWUXNWLRQ YRQ 'HFNH RGHU )XERGHQ HLQGULQJWZHUGHQ6FKDOWXQJHQDNWLYLHUWZRGXUFKVLFKLUJHQGZR.RQWDNWHVFKOLHHQ´(U UXQ]HOWH GLH 6WLUQ ³,FK KDEH HLQLJH )HOGSURMHNWRUHQ HQWGHFNW :DKUVFKHLQOLFK ZHUGHQ YRQ LKQHQ (QHUJLHIHOGHU DXIJHEDXW VREDOG PDQ LQ GLH 'HFNH RGHU LQ GHQ )XERGHQ HLQGULQJW´ 7HNHQHU]XFNWHGLH6FKXOWHUQ ³'DQQPVVHQZLUZDUWHQELVPDQXQVKLHUKHUDXVKROW(VJHIlOOWPLUQLFKWGD ZLU]XU8QWlWLJNHLWYHUXUWHLOWVLQG.DQQVWGXQLFKWHLQHQ.RGHLPSXOVDXVVHQGHQ"´ .HQQRQQLFNWH ³6HOEVWYHUVWlQGOLFK ,FK KDEH HV EHUHLWV PHKUPDOV JHWDQ DEHU GLH ,PSXOVH
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
ZXUGHQ MHGHVPDO YRQ XQEHNDQQWHQ 5HIOHNWRUHQ ]XUFNJHZRUIHQ 'LHV KLHU LVW HLQ EHLQDKHSHUIHNWHV*HIlQJQLV´ ³:HQQZLUQLFKWKHUDXVN|QQHQZDQQZLUHVZQVFKHQZHUGHLFKHVQRFKIUHLQ YROONRPPHQSHUIHNWHV*HIlQJQLVKDOWHQ´PXUUWH7HNHQHU ³0DFKHQ ZLU HLQ ([SHULPHQW´ IOVWHUWH GHU +DOEURERWHU ³:R]X IKUH LFK HLQH 6SH]LDODXVUVWXQJ LP 8QWHUEDXFK PLW ,FK ZHUGH HLQHQ 'HVLQWHJUDWRU QHKPHQ XQG LQ GHU 0LWWH GHV %RGHQV HLQH IODFKH 9HUWLHIXQJ VWUDKOHQ ,Q VLH JLHH LFK HWZD IQI]LJ 0LOOLOLWHU 672*6lXUH 'DQDFK WUHWHQ ZLU DQ GLH :DQG ]XUFN XQG ZDUWHQ DE ZDV JHVFKLHKW´ 5RQDOG7HNHQHUEHUOHJWHNXU]GDQQVWLPPWHHU]X ³:DKUVFKHLQOLFK ZLUG GLH 672*6lXUH HLQLJH $NWLYLHUXQJVNRQWDNWH ]HUVHW]HQ 'DGXUFK EDXHQ VLFK (QHUJLHIHOGHU DXI (QWZHGHU EULFKW GDQQ GLH %RGHQNRQVWUXNWLRQ ]XVDPPHQRGHUHVNRPPWMHPDQGXPQDFK]XVHKHQZDVORVLVW´ ³+P´PDFKWH.HQQRQ(UNQLHWHEHUHLWVLQGHU0LWWHGHU=HOOH 7HNHQHUVDK]XZLHGHU)UHXQGHLQHHWZDIQI=HQWLPHWHUWLHIHVFKDOHQI|UPLJH (LQEXFKWXQJ LQ GHQ 6WDKOERGHQ VWUDKOWH XQG GDQQ DXV HLQHU NOHLQHQ +RFKGUXFNIODVFKH DXV 6SH]LDOPDWHULDO HLQHQ VFKDUI EHJUHQ]WHQ 1HEHO 672*6lXUH LQ GLH 9HUWLHIXQJ VSUKWH'DV7HUNRQLWO|VWHVLFKPLOOLPHWHUZHLVHXQGPLWVFKZDFKHP=LVFKHQDXI 3O|W]OLFKHUKREVLFKGHU+DOEURERWHUXQGVWHOOWHVLFKVRGDPDQYRQGHU7UKHU QLFKWVYRQGHPVHKHQNRQQWHZDVLQGHU0LWWHGHU=HOOHYRUJLQJ6HNXQGHQVSlWHUJOLWW GDVVFKZHUH6WDKOVFKRWWODQJVDPLQGLH:DQG 0\UFD6W\UUVWDQGPLWVFKXEHUHLWHU:DIIHLQGHU(QHUJLHVFKOHXVH,KU0XQGZDU OHLFKW JH|IIQHW VLH DWPHWH VFKQHOOHU XQG WLHIHU DOV ]XYRU XQG HLQLJH +DDUVWUlKQHQ KLQJHQLKULQV*HVLFKW 5RQDOG7HNHQHUHUNDQQWHGDGLH&KURWKDQHULQHLQHQVRJHQDQQWHQ+RFKGUXFN *DV,QMHNWRUDOV:DIIHWUXJHLQ*HUlWPLWGHPPDQDXINXU]H(QWIHUQXQJW|GOLFKHVRGHU QDUNRWLVLHUHQGHV .DPSIJDV PLW VROFKHP 'UXFN DXI HLQHQ *HJQHU EODVHQ NRQQWH GD GHU:LUN VWRIIVHOEVWGXUFK.DPSIDQ]JHVHNXQGHQVFKQHOOELV]XU+DXWYRUGUDQJZR HU DXIJHQRPPHQ ZXUGH )U LKQ 7HNHQHU JDE HV NHLQH $EZHKUP|JOLFKNHLW²XQG GHU +DOEURERWHUZUGHVLFKDOVVROFKHU]XHUNHQQHQJHEHQZHQQHUNHLQH:LUNXQJ]HLJWH ³0LWNRPPHQ´ EHIDKO 0\UFD ,KUH 6WLPPH YHUULHW HEHQVR ZLH LKU bXHUHV GLH (UUHJXQJLQGHUVLHVLFKEHIDQG 6LH JLQJ UFNZlUWV GXUFK GLH (QHUJLHVFKOHXVH GDQQ OLH VLH GLH *HIDQJHQHQ YRUDXV XQG HLQH JHZHQGHOWH 1RWWUHSSH KLQDXIJHKHQ 8QJHIlKU IQI]HKQ 0HWHU K|KHU EHWlWLJWH VLH HLQHQ .RGHJHEHU 5HFKWV YRQ .HQQRQ |IIQHWH VLFK HLQ 6FKRWW /LFKW ILHO KHUDXV ³*HKHQ´EHIDKO0\UFDPLWYLEULHUHQGHU6WLPPH 5RQDOG7HNHQHUVHXI]WH(UVDKZLHVHLQ3DUWQHUGXUFKGLHgIIQXQJWUDWVWRFNWH XQGGDQQ]XU6HLWHJLQJ7HNHQHUIROJWHLKP²XQGHUVWDUUWH 0LWWHQ LQ HLQHP UXQGHQ =LPPHU ZDU HLQ 'UDKWJHVWHOO DXIJHEDXW²XQG LQ GHP *HVWHOO KLQJHQ .|USHUWHLOH YRQ PLQGHVWHQV GUHL]HKQ KXPDQRLGHQ /HEHZHVHQ 6LH VFKLHQHQ QRFK ]X OHEHQ DEHU 7HNHQHU HUNDQQWH GD GLH %HZHJXQJHQ GXUFK 6WURPLPSXOVHKHUYRUJHUXIHQZXUGHQGLHGDV'UDKWJHVWHOOGXUFKIORVVHQ $EHU ZHLW PHKU DOV GLHVHU $QEOLFN HQWVHW]WH LKQ GHU YRQ +LWD %UHFQDF 'HU $UD ZDU HQWNOHLGHW XQG DQ 6WURPNRQWDNWH DQJHVFKORVVHQ 6HLQH ZHOWDXIJHULVVHQHQ $XJHQ VWDUUWHQDQGHQ8626SH]LDOLVWHQYRUEHLDXI0\UFD
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
³'X²6FKHXVDO´IOVWHUWHHU³'X²0|UGHULQ´ 3O|W]OLFKJLQJHLQ.UDPSIGXUFKVHLQHQ.|USHU(UZDUIVLFKKLQXQGKHU6FKDXP WUDWDXIVHLQH/LSSHQ ³0DFKWPLFKORV´VFKULHHUPLWXQPHQVFKOLFKZLUNHQGHU6WLPPH bXHUVW YRUVLFKWLJ GDPLW GLH &KURWKDQHULQ QLFKW QHUY|V ZXUGH XQG DEGUFNWH ZDQGWH5RQDOG7HNHQHUVLFKXP 0\UFD6W\UUEHREDFKWHWHLKQDXVGHQ$XJHQZLQNHOQ,KUH=XQJHJOLWWVWlQGLJEHU GLHYROOHQ/LSSHQXQGGLH1DVHQIOJHOEOlKWHQVLFKLQNXU]HQ,QWHUYDOOHQ ³6FK|Q´IOVWHUWHVLH³6FK|QH7VHHWK%HVWH7VHHWKVHLWLFKGHQNHQNDQQ´ 7HNHQHUVSUWHZLHVLFKVHLQH+DDUHVWUlXEHQ(UZXWHGDGLH&KURWKDQHULQ IULKUH²LPPHQVFKOLFKHQ6LQQH²JUDXVDPH+DQGOXQJVZHLVHQLFKWPRUDOLVFKYHUXUWHLOW ZHUGHQ GXUIWH $XI &KURWKDQ ZDUHQ 7VHHWKV EOLFK 9LHOOHLFKW PXWHQ GLHVH JUDXHQKDIWHQ)HVWHDOV9HQWLOHIUGHQQDWUOLFKHQ$JJUHVVLRQVWULHEDQJHVHKHQZHUGHQ 'DIUVSUDFKGDHVDXI&KURWKDQQLHPDOV.ULHJHJHJHEHQKDWWH 'RFK 5RQDOG 7HNHQHU ZDU HEHQ HLQ 0HQVFK XQG NRQQWH QLFKW XQWlWLJ ]XVHKHQ ZLHHLQ0HQVFKJUDXVDPJHW|WHWZXUGH 0LWlXHUVWHU:LOOHQVNUDIWJHODQJLKPHLQ/lFKHOQ ³*LEPLUGHQ,QMHNWRU0\UFD´EDWHU³)UXQVHUH7VHHWKEUDXFKHQZLUGLH:DIIH QLFKW´ ³*OHLFK´IOVWHUWH0\UFDXQGIHXHUWHDXI%UHFQDF 'HU$UDElXPWHVLFKDXI²XQGHUVFKODIIWHLPQlFKVWHQ0RPHQW7HNHQHUZXWH GDHUWRWZDU²XQGHUDKQWHGDDOOH%HZRKQHUGHV6WW]SXQNWHV0\UFDV7VHHWK]XP 2SIHUJHIDOOHQZDUHQ *HUDGH ZROOWH HU YRUVSULQJHQ XQG GHU &KURWKDQHULQ GHQ ,QMHNWRU DXV GHU +DQG VFKODJHQ DXFK DXI GLH *HIDKU KLQ HLQH /DGXQJ GHV RIIHQVLFKWOLFK W|GOLFKHQ .DPSIJDVHVDE]XEHNRPPHQGDVSUDQJLKPGHU%RGHQHQWJHJHQ 'HU 8626SH]LDOLVW EHQXW]WH GLH %RGHQEHZHJXQJ XP VLFK VFKODII IDOOHQ ]X ODVVHQ XQG JHJHQ GLH %HLQH GHU WDXPHOQGHQ &KURWKDQHULQ ]X UROOHQ 'RFK 0\UFD UHDJLHUWH XQKHLPOLFK VFKQHOO 6LH VFKOXJ LKP GHQ /DXI GHV +RFKGUXFN*DV,QMHNWRUV JHJHQGLH6FKOlIH 6LQFODLU 0DURXW .HQQRQ IXKU GHQ 3DUDO\VDWRU DXV GHP JHVWUHFNWHQ 0LWWHOILQJHU XQG VFKR 'RFK GHU +DOEURERWHU KLHOW LQ GLH 5LFKWXQJ YRU LQ GLH HLQ *HJQHU QRUPDOHUZHLVHJHIORKHQZlUHQlPOLFKLQ5LFKWXQJ6FKRWW 0\UFD GDJHJHQ VSUDQJ PLW HLQHP JHZDOWLJHQ 6DW] LQ GLH HQWJHJHQJHVHW]WH 5LFKWXQJXQGODQGHWHDXIGHPVWURPJHODGHQHQ'UDKWJHVWHOO 5RQDOG 7HNHQHU QDKP GDV DOOHV QXU XQGHXWOLFK ZDKU 'HU 6FKODJ JHJHQ GLH 6FKOlIH KDWWH LKQ KDOE EHWlXEW 'D]X NDP GD GHU %RGHQ DEHUPDOV YRQ HLQHU (UVFKWWHUXQJ GXUFKODXIHQ ZXUGH 'HU (UVFKWWHUXQJ IROJWH HLQ 'RQQHUVFKODJ ZLH YRQ HLQHUVWDUNHQ([SORVLRQ ,PQlFKVWHQ0RPHQWHUUHLFKWH.HQQRQVHLQHQ3DUWQHUKRELKQDXIXQGWUXJLKQ DXIGHQ$UPHQKLQDXV(UVWUPWHEHUGLHVFKZDQNHQGH1RWWUHSSHGXUFKUDXFKHUIOOWH *lQJHLQGHQHQGLH/XIWYRQ6HNXQGH]X6HNXQGHKHLHUZXUGHXQGLQGHQ5DXPLQ GHPPDQLKQHQGLH7RUQLVWHU$JJUHJDWHDEJHQRPPHQKDWWH 'RUW NDP 7HNHQHU ZLHGHU ]X VLFK 2KQH )UDJHQ ]X VWHOOHQ OLH HU VLFK GHQ $JJUHJDW7RUQLVWHU DXI GHP 5FNHQ EHIHVWLJHQ XQG KDOI .HQQRQ EHL VHLQHP *HUlW :lKUHQGGHVVHQ HUW|QWHQ LPPHU ZLHGHU ([SORVLRQHQ XQG DXV GHQ 6FKOLW]HQ GHU
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
.OLPDDQODJHNDPHQEHLHQGH'lPSIH ³'LH672*6lXUH´IOVWHUWH.HQQRQ³6LHPXHWZDVDQJHULFKWHWKDEHQGDV]X GLHVHU.HWWHQUHDNWLRQYRQ([SORVLRQHQIKUWH6HKHQZLU]XGDZLUKLQDXVNRPPHQ´ 'LH EHLGHQ 0lQQHU VFKORVVHQ GLH +HOPH XQG VFKDOWHWHQ GLH 9HUVRUJXQJVV\VWHPH GHU .DPSIDQ]JH HLQ 'DQQ SURELHUWHQ VLH RE GLH .DELQHQOLIWV QRFK IXQNWLRQLHUWHQ 'LH .DELQHQ UKUWHQ VLFK QLFKW 'HU +DOEURERWHU O|VWH GHQ REHUHQ 7HLO HLQHU .DELQH PLW GHP 'HVLQWHJUDWRU DXI VR GD HU XQG 7HNHQHU PLW +LOIH GHU )OXJDJJUHJDWHLQQHUKDOEGHV6FKDFKWHVDXIVWHLJHQNRQQWHQ *OFNOLFKHUZHLVH DUEHLWHWH GLH 6XPSIVFKOHXVH QRFK 'LH .DPPHU IOOWH VLFK PLW 6FKODPP XQG DOV LQQHQ GHU JOHLFKH 'UXFN ZLH DP *UXQGH GHV 6XPSIHV KHUUVFKWH |IIQHWH VLFK GDV $XHQVFKRWW 0LW YROO DNWLYLHUWHP $QWLJUDY XQG NXU]HQ YRUVLFKWLJHQ 6FKEHQ GHU 3XOVDWLRQVWULHEZHUNH VWLHJHQ GLH 6SH]LDOLVWHQ DQ GLH 2EHUIOlFKH GDQQ VFKDOWHWHQVLHGLH7ULHEZHUNHK|KHU ,Q ]ZHLKXQGHUW 0HWHUQ +|KH DNWLYLHUWH 5RQDOG 7HNHQHU VHLQHQ +HOPWHOHNRP VFKDOWHWH LKQ DXI JU|WH 6HQGHOHLVWXQJ XQG ZROOWH JHUDGH HLQ 5RERWHU.RPPDQGR GHU (9$ ,, DQIRUGHUQ DOV VLFK XQWHU LKP XQG .HQQRQ GHU 6XPSI DXIZ|OEWH 'LH VFKZDU]EUDXQH 6FKODPPDVVH VFKLHQ GLH )OLHKHQGHQ HLQKROHQ ]X ZROOHQ GRFK LQ XQJHIlKUKXQGHUW0HWHUQ+|KHVWU]WHVLH]XUFN 9RQ REHQ VDK 7HNHQHU ZLH VLFK LP 6FKODPP VHNXQGHQODQJ HLQ JOKHQGHU 6FKOXQG|IIQHWHDXVGHP'DPSIXQGXQGHILQLHUEDUH7UPPHUJHEODVHQZXUGHQGDQQ ZDUDXFKGDVYRUEHL'HU6WW]SXQNWH[LVWLHUWHQLFKWPHKU 'LH8626SH]LDOLVWHQVFKZHQNWHQDEXQGIO|JHQLQGLH5LFKWXQJLQGHUVLH²DXI GHP1DFKEDUNRQWLQHQW²LKUH/X[XV5DXPMDFKWZXWHQ
9RQ %RUG GHU 5DXPMDFKW DXV GLH ZLHGHUXP ZHQLJH =HQWLPHWHU EHU GHU 2EHUIOlFKHHLQHV6HHVVFKZHEWHEHREDFKWHWHQ7HNHQHUXQG.HQQRQGLH0DQ|YHUGHU (9$,, 'DV]ZHLKXQGHUW0HWHUGXUFKPHVVHQGHNXJHOI|UPLJH6SH]LDOVFKLIIGHU$EWHLOXQJ (UNXQGXQJ9HUPHVVXQJXQG$QODJHSODQXQJZDUEHUHLWVYRU]Z|OI6WXQGHQYRQVHLQHP 6WDQGSODW] JHVWDUWHW 8QWHUGHVVHQ KDWWH HV LQQHUKDOE GHU $WPRVSKlUH YHUVFKLHGHQH 0HVVXQJHQYRUJHQRPPHQ ³'LHDQJHRUGQHWHQ$NWLRQHQVLQGDEJHVFKORVVHQ6LU´PHOGHWH'U3LOONLP+DLP EHU7HOHNRP ³'DV ZLOO LFK KRIIHQ´ HUZLGHUWH 7HNHQHU.DQJRV ³VR ZDKU 7DHIGX LP 6FKlFKWHOFKHQ YHUZDKUW LVW 6LQG 6LH DEVROXW VLFKHU GD QLHPDQG YRQ GHU %HVDW]XQJ GHU(9$,,LQIL]LHUWZXUGH"´ ³$EVROXW VLFKHU´ ZLHGHUKROWH +DLP SURWHVWLHUHQG ³:LH N|QQWH PDQ LQ HLQHP VROFKHQ)DOODEVROXWVLFKHUVHLQ$EHULFKP|FKWHEHKDXSWHQGDGLH0|JOLFKNHLWHLQHU ,QIHNWLRQYHUQDFKOlVVLJEDUJHULQJLVW´ ³$OVRXQZDKUVFKHLQOLFK´PHLQWH.HQQRQDOLDV6HOH\W 3LOONLP+DLP]XFNWHHUVWGLH6FKXOWHUQGDQQQLFNWHHU 5RQDOG 7HNHQHU OlFKHOWH 'U +DOP ZDU HLQ 0HQVFK GHU DOOHV PLW SHGDQWLVFKHU 6RUJIDOW HUOHGLJWH ,Q GLHVHP )DOO NRQQWH HV NHLQHQ EHVVHUHQ 0DQQ JHEHQ :HQQ HU PHLQWHGDHLQH,QIHNWLRQYRQ%HVDW]XQJVPLWJOLHGHUQGHU(9$,,XQZDKUVFKHLQOLFKVHL
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
GDQQGXUIWHPDQVLFKHUVHLQGDQLHPDQGLQIL]LHUWZDU ³6LHN|QQHQVWDUWHQ0U+DLP´HUNOlUWHHU³)OLHJHQ6LHGDV8SXUWKD6\VWHPDQ 0HLQ 9HWWHU 'DPDUNXV XQG LFK NRPPHQ PLW GHU -DFKW QDFK :LU ZHUGHQ (LQHQ $XJHQEOLFNQRFKELWWH'DOHXFKWHWHLQ'ULQJOLFKNHLWVVLJQDODXI,FKP|FKWHZHWWHQGHU $UNRQLGHQIUVWZLOOHWZDVYRQPLU´ (U VFKDOWHWH DP %RUGWHOHNRP XQG DXI HLQHP DQGHUHQ %LOGVFKLUP HUVFKLHQ GDV *HVLFKW $WODQV 'HU $UNRQLGH KDWWH ]XU 7lXVFKXQJ YRQ 0LWVHKHQGHQ HLQH VWUHQJ GLHQVWOLFKH0LHQHDXIJHVHW]W ³6LHZQVFKHQ/RUGDGPLUDO"´HUNXQGLJWHVLFK7HNHQHU ³,FK ZQVFKH GD 6LH XQG ,KU 9HWWHU 'DPDUNXV 6HOH\W XQYHU]JOLFK PLW ,KUHU -DFKW EHL GHU ,03(5$725 DQOHJHQ (V LVW XQEHGLQJW HUIRUGHUOLFK GD 6LH ,KUH (UOHEQLVVHDXI+HPDOV]X3URWRNROOJHEHQ´ 7HNHQHUOlFKHOWHEODVLHUW ³:DV 6LH QLFKW VDJHQ 1XQ LFK ZLOO ,KQHQ JHUQ GHQ NOHLQHQ *HIDOOHQ WXQ /RUGDGPLUDODEHUGRFKQLFKWJOHLFK*HEHQ6LHPLUGLH.RRUGLQDWHQYRQ4XLQWR&HQWHU GXUFKGDQQNUHX]HLFKJHOHJHQWOLFKEHL,KUHP+DXSWTXDUWLHUDXI´ ³'DVN|QQWH,KQHQVRSDVVHQ´JDE$WODQLURQLVFK]XUFN³$QZHQP|FKWHQ6LH GHQQGLHJHKHLPHQ.RRUGLQDWHQYRQ4XLQWR&HQWHUYHUNDXIHQ"´ ³$QPHLQHQ9HWWHU'DPDUNXV'HUKDWIUDOOHV9HUZHQGXQJ´ ³'DV IUFKWH LFK DXFK 1XQ ZLU N|QQHQ XQV VSlWHU EHU GLHVHV 7KHPD XQWHUKDOWHQ YLHOOHLFKW LQ KXQGHUW -DKUHQ RGHU VR ,Q]ZLVFKHQ ZHUGHQ 6LH PHLQHQ $QRUGQXQJHQ )ROJH OHLVWHQ 0U 5DL]6HODVH 'DV &\VWRERUV6\VWHP ZXUGH QlPOLFK YRQ GHU 862 XQWHU 4XDUDQWlQH JHVWHOOW XQG 6LH EHILQGHQ VLFK LQ YHUERWHQHP *HELHW )DOOV 6LH QLFKW IUHLZLOOLJ PLW PLU ]XVDPPHQDUEHLWHQ N|QQWH LFK 6LH GXUFK HLQ 5RERWHU .RPPDQGRKROHQODVVHQ´ 5RQDOG 7HNHQHU ZDQGWH VLFK GHP DQGHUHQ 7HOHNRPVFKLUP ]X DXI GHP LPPHU QRFK+DLPV*HVLFKW]XVHKHQZDU ³:LH 6LH EHPHUNW KDEHQ ZHUGHQ 0U +DLP LVW $WODQV &KDUPH XQZLGHUVWHKOLFK 0HLQ OLHEHU 9HWWHU XQG LFK ZHUGHQ DOVR PLW DQJHPHVVHQHU 9HUVSlWXQJ LP 8SXUWKD 6\VWHPHLQWUHIIHQ9HUWUHLEHQ6LHVLFKGLH:DUWH]HLWGDPLWGLHDXI8SXUWKD,9OHEHQGHQ (LQ]HOOHU]XVWXGLHUHQ(VVROOVLFKXPVHKULQWHUHVVDQWH/HEHZHVHQKDQGHOQ´ 'U3LOONLP+DLPYHU]RJNHLQH0LHQHDOVHUDQWZRUWHWH ³-D6LU,FKKRIIHGHU5HJLHUHQGH/RUGDGPLUDOKlOW6LHQLFKW]XODQJHDXI´ 7HNHQHU]DXEHUWHHLQWUlXPHULVFKHV/lFKHOQDXI³VHLQ´ELOGVFK|QHV*HVLFKW ³(U ZLUG IURK VHLQ ZHQQ HU PLFK ZLHGHU ,RV LVW²VR ZDKU 7DHIGX LP 6FKlFKWHOFKHQYHUZDKUWLVW%LVEDOG0U+DLP´ 'HU8626SH]LDOLVWXQWHUEUDFKGLH9HUELQGXQJ]XU(9$,O6RIRUWYHUlQGHUWHVLFK VHLQ0LHQHQVSLHO(UZLUNWHHUQVW ³:LU VLQG LQ VSlWHVWHQV IQI]HKQ 0LQXWHQ EHL ,KQHQ /RUGDGPLUDO´ HUNOlUWH HU $WODQ 1DFKGHP GLH (9$ ," GLH $WPRVSKlUH +HPDOV¶ YHUODVVHQ KDWWH VWDUWHWH 6LQFODLU 0DURXW .HQQRQ GLH /X[XVMDFKW GHV NRVPLVFKHQ *HQ9HUVDJHUV =HKQ 0LQXWHQ VSlWHU ODJGDV6FKLIIIHVWLP)HVVHOIHOGGHU,03(5$725'LHEHLGHQ8626SH]LDOLVWHQIORJHQ KLQEHUXQGVWDQGHQZHQLJVSlWHULQHLQHP6SH]LDOUDXPGHP$UNRQLGHQJHJHQEHU .HQQRQ OHJWH GDV 26*HUlW GDV HU QDFK GHU )OXFKW DXV GHP 9HUEUHFKHU6WW]SXQNWDXVVHLQHP9HUVWHFNJHKROWKDWWHDXIGHQ7LVFK
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
³,FK KRIIH GLH $XI]HLFKQXQJHQ IJHQ GHP ELVKHULJHQ )UDJPHQW HLQHV 0RVDLNV HLQ ZHLWHUHV 6WHLQFKHQ KLQ]X /RUGDGPLUDO´ VDJWH HU ³8QVHU (LQVDW]EHULFKW EHILQGHW VLFKEHUHLWVDXIHLQHU,QIRUPDWLRQVVSXOH´ 5RQDOG 7HNHQHU OHJWH GLH ,QIRUPDWLRQVVSXOH QHEHQ GDV 26*HUlW (U VDJWH QLFKWV'LH(UOHEQLVVHDXI+HPDOVKDWWHQLKQHUVFKWWHUWXQGZHQQ$XHQVWHKHQGHLKP DXFKQLFKWVDQPHUNWHQ VRZLUNWHGLHVH(UVFKWWHUXQJGRFKLQVHLKHP,QQHUHQQDFK ³%LWWHQHKPHQ6LH3ODW]´VDJWH$WODQ (UZDUWHWHELVGLH6SH]LDOLVWHQVLFKLQVFKZHUHQ6HVVHOQQLHGHUJHODVVHQKDWWHQ GDQQ VHW]WH HU VLFK HEHQIDOOV 1DFKGHQNOLFK VDK HU ³.DQJRV 5DL]6HODVH´ XQG ³'DPDUNXV6HOH\W´DQ ³,FKNDQQ,KQHQQDFKIKOHQZDVLQ,KQHQYRUJLQJDOV6LHLP*HKHLPVWW]3XQNW GHU 9HUEUHFKHU ZDUHQ´ PHLQWH HU ³$EHU LP 8QWHUVFKLHG ]X ,KQHQ UKUW PLFK GDV 6FKLFNVDOGLHVHU/HXWHEHUKDXSWQLFKW´ ³0LFK DXFK QLFKW¶ HQWJHJQHWH 7HNHQHU ³-HGHQIDOOV QLFKW GDV GHU 0lQQHU 0LW 0\UFD 6W\UU LVW GDV HWZDV DQGHUHV REZRKO VLH RIIHQEDU GLH JHVDPWH 6WW]3XQNWEHVDW]XQJ W|WHWH $EHU VLH KDQGHOWH QDFK GHQ *HVHW]HQ LKUHV 9RONHV ZlKUHQG GLH EULJHQ JHJHQ GLH *HVHW]H LKUHU 9|ONHU XQG JHJHQ GLH XQVHUHQ YHUVWLHHQ´ ³$EHUVLHDUEHLWHWHPLW9HUEUHFKHUQ]XVDPPHQ´ZDQGWHGHU$UNRQLGHHLQ 7HNHQHUVFKWWHOWHGHQ.RSI ³'DV 9RON YRQ &KURWKDQ LVW LP NRVPLVFKHQ 6LQQH XQZLVVHQG :DKUVFKHLQOLFK KLHOW0\UFDDOOHVZDVGLH9HUEUHFKHUWDWHQIUY|OOLJQRUPDO0DQKDWVLHPLEUDXFKW ,FKIUDJHPLFKQXUZDUXPEHUKDXSWHLQH&KURWKDQHULQGDEHLVHLQPXWH´ ³,FKJODXEHPLULVWGDVNODU´VDJWH.HQQRQOHLVH³'LH$QZHVHQKHLWGLHVHU)UDX HU]HXJWHEHLGHQ9HUEUHFKHUQDXI+HPDOVXQWHUVFKZHOOLJH6SDQQXQJHQKHUYRUJHUXIHQ GXUFK VROFKH (PSILQGXQJHQ ZLH )XUFKW $EVFKHX´ (NHO XQG PDVRFKLVWLVFKH /XVW 'DGXUFK ZDUHQ GLH 0lQQHU LQ GHU /DJH VR XQJHKHXHUOLFKH 9HUEUHFKHQ ZLH GLH 9HUVHXFKXQJHLQHVJDQ]HQ3ODQHWHQ]XEHJHKHQ´ ³:HU VLFK GDV DXVGDFKWH PX HLQ 7HXIHO VHLQ´ IOVWHUWH 7HNHQHU PLW EODVVHP *HVLFKW ³2GHUHLQ0HQVFK´VDJWH.HQQRQXQEHZHJW 5RQDOG7HNHQHUVHXI]WH ³$XI MHGHQ )DOO KDEHQ ZLU DXI +HPDOV HLQH 6FKODSSH HUOLWWHQ :LU ZLVVHQ LPPHU QRFK QLFKWV EHU GLH 'UDKW]LHKHU GHU &\VWRERUV0RUGH ZLU NRQQWHQ QLFKWV YRQ GHP *HJHQJLIW VLFKHUVWHOOHQ XQG PVVHQ GHVKDOE ]XVHKHQ ZLH GLH 7LHUZHOW GHV 3ODQHWHQ ]XJUXQGHJHKW+HPDOVZLUGDXIODQJH6LFKWXQEHZRKQEDUVHLQ´ /RUGDGPLUDO$WODQVFKWWHOWHOHLFKWGHQ.|SI ³6HLHQ 6LH QLFKW ]X SHVVLPLVWLVFK 7HNHQHU 'LH 'UDKW]LHKHU KDEHQ GXUFK GLH 9HUVHXFKXQJYRQ+HPDOVLPPHUKLQYHUUDWHQGDLKQHQDQGLHVHP3ODQHWHQJDUQLFKWV OLHJW :DV LFK EHUHLWV DKQWH LVW MHW]W *HZLKHLW 'LH 8QEHNDQQWHQ LQWHUHVVLHUHQ VLFK ZHGHUIUGDV+RZDOJRQLXPQRFKIULUJHQGHWZDVDQGHUHVDXI+HPDOVµ ³$EHUGDV&\VWRERUV6\VWHPVSLHOWHLQHZLFKWLJH5ROOH´HUNOlUWH6LQFODLU0DURXW .HQQRQ³(VVW|UWGLH8QEHNDQQWHQVHKUZHQQVLFKMHPDQGLQGLHVHLQ6\VWHPDXIKlOW´ 'HU$UNRQLGHOHKQWHVLFK]XUFNXQGVDJWHQDFKGHQNOLFK ³9LHOOHLFKW ILQGHQ ZLU EDOG HLQH ZHLWHUH 6SXU 'DV *LIW DQ GHP .OHWWHQJHVFKR GDV 0DMRU 7KUHHJR DXV GHP WRWHQ 3URVSHNWRU KROWH ZXUGH LQ]ZLVFKHQ DQDO\VLHUW ,FK
'LH6DERWHXUHYRQ+HPDOV
M
$WODQ
HUKLHOWGHQ%HULFKWYRUHLQHUKDOEHQ6WXQGHDXV4XLQWR&HQWHU,Q=XVDPPHQDUEHLWPLW GHP OXQDUHQ *URJHKLUQ 1$7+$1 ZXUGH HUPLWWHOW GD HV VLFK EHL GHP *LIW XP GDV 'UVHQVHNUHW HLQHU IDVW DXVJHVWRUEHQHQ 1DJHWLHUDUW KDQGHOW GLH HV LQ YHUVFKLHGHQHQ 6SLHODUWHQQXUDXIGUHL3ODQHWHQXQVHUHU*DOD[LVJLEW´ 7HNHQHUV+DOWXQJYHUVWHLIWHVLFK ³$XIGUHL3ODQHWHQ"'DQQPXVLFKGLH6SXU]XGHQ8QEHNDQQWHQILQGHQODVVHQ´ .HQQRQODFKWHOHLVH ³*DQ]EHVWLPPW²XQGZLUZHUGHQVLHDXIQHKPHQPVVHQ´ ³6RZDKU7DHIGXLP6FKlFKWHOFKHQYHUZDKUWLVW´VDJWH7HNHQHU (1'( /HVHQ6LHLQ7DJHQ$7/$11UPLWGHQQ7LWHO
'LH6SLHOHGHVGXQNOHQ0RQGHV
YRQ(UQVW9OFHN 0HQVFKHQMDJGLP/DQGHGHU1LJKPDQHQ²HLQ862$JHQW NlPSIWXPVHLQ/HEHQ
