Kuehne + Nagel and PostFinance "Best Innovators 2006"

Translated abstract of press information issued by consultancy A.T. Kearney to Swiss media today. A.T. Kearny, a world-leading management consultancy, yesterday officially honoured Switzerland´s most innovative companies. Logistics company Kuehne + Nagel was named "Best Innovator 2006," with the highest score among all 30 participating companies.

Following an in-depth evaluation, Kuehne + Nagel convinced the specialists of A. T. Kearny of its excellent innovation strategy as well as its first-class implementation of the innovation process throughout the organisation. Manfred Tuerks, Managing Director, A.T. Kearney in Switzerland, “It is decisive to go all the way, from generating ideas to market success. At Kuehne + Nagel, the innovation chain is firmly and sustainably embedded within the organisation.”

Innovation has a strong tradition at Kuehne + Nagel. Ongoing innovation and adaptation to new market developments have brought significant change to the company in its 116-year history. Klaus-Michael Kuehne, a direct descendant of the founding family, is still at the helm of the company who continues to cultivate this tradition of innovation.

About the “Best Innovator” award:

A. T. Kearney awards Best Innovators in 9 European countries. In addition to Switzerland, the prize is also awarded to companies in Germany, France, Italy, Norway, Austria, Poland, Swedenand in Great Britain.

Key assessment criteria are:

- A company’s ability for ongoing innovation

- Does a culture of innovation within the company exist?

- Does top management pay innovation the necessary attention?

- How successful is the company in continually generating and implementing innovation?