Page 1

6HKUJHHKUWH'DPHQXQG+HUUHQ ZHUWH.ROOHJLQQHQXQG.ROOHJHQ OLHEH)UHXQGH ]X%HJLQQP|FKWHLFKGHQ+HUUQ%XQGHVWDJVSUlVLGHQWHQ7KLHUVH]LWLHUHQGHUGDV)HVWLYDOWVFKHFKLVFKHU.XQVW XQG.XOWXUWUHIIHQGVREHZHUWHWH 'HU$XIWULWWYRQ$XWRUHQ0XVLNHUQXQG7KHDWHUPDFKHUQDXV7VFKHFKLHQLQ%HUOLQPLWLKUHQVSH]LILVFKHQ $XVGUXFNVPLWWHOQ%HILQGOLFKNHLWHQXQG%RWVFKDIWHQNDQQDXFKIUGDV'HXWVFKH3XEOLNXPXQG.XOWXUVFKDIIHQGH ]XHLQHU,QVSLUDWLRQZHUGHQ7DWVlFKOLFKKDEHQGHUDUWLJHNXOWXUHOOH%HJHJQXQJHQHLQHKHUDXVUDJHQGH %HGHXWXQJEHLPZLUNOLFKHQEHUZLUWVFKDIWOLFKHXQGSROLWLVFKH%H]LHKXQJHQKLQDXVJHKHQGHQ =XVDPPHQZDFKVHQXQVHUHU9|ONHULQ(XURSD.XOWXUEDXW%UFNHQ ,QGLHVHP-DKUVROOGDV)HVWLYDOWVFKHFKLVFKHU.XQVWXQG.XOWXU]XP]ZHLWHQ0DOVWDWWILQGHQ 'LHVHU]ZHLWH-DKUJDQJGHV)HVWLYDOVELHWHWHUQHXWHLQHYLHOVHLWLJH3UlVHQWDWLRQWVFKHFKLVFKHU.XOWXUXQG YHUPLWWHOWGLH9LHOIDOWGHVWVFKHFKLVFKHQ.XQVWXQG.XOWXUVFKDIIHQVGHU*HJHQZDUW'HULPYRULJHQ-DKU DQJHIDQJHQH'LDORJVROOIRUWJHVHW]WZHUGHQXPGXUFKHUQHXWH%HJHJQXQJPLW9HUWUHWHULQQHQXQG9HUWUHWHUQ GHU]HLWJHQ|VVLVFKHQELOGHQGHQXQGGDUVWHOOHQGHQ.XQVWGHU0XVLNGHV7DQ]HVXQGGHU/LWHUDWXU7VFKHFKLHQV *HOHJHQKHLW]XU$QQlKHUXQJDQGLHWVFKHFKLVFKH*HVHOOVFKDIW]XELHWHQ(VVROOHLQ%HLWUDJVHLQGLHPDQFKPDO HWZDVYHU]HUUWH6LFKWGHUZLFKWLJVWHQ1DFKEDUQDXIGLHWVFKHFKLVFKH.XOWXU]XNRUULJLHUHQXQGHVVROOHLQH &KDQFHELHWHQGLHNXOWXUHOOHQ)UDJHQXQG3UREOHPHGHU1DFKEDUQJHJHQEHU7VFKHFKLHQ]XGHILQLHUHQ 'DV.HQQHQOHUQHQGHVXQPLWWHOEDUHQ1DFKEDUQ]XI|UGHUQXQGGDGXUFK9HUWUDXHQ9HUVWlQGLJXQJXQG 7ROHUDQ]]ZLVFKHQ7VFKHFKHQXQG'HXWVFKHQQDFKKDOWLJ]XVWlUNHQGDVLVWGDVEHVRQGHUH$QOLHJHQGHV)HVWLYDOV WVFKHFKLVFKHU.XQVWXQG.XOWXU hEHUGDV,,)HVWLYDOWVFKHFKLVFKHU.XQVWXQG.XOWXUKDEHQGLH6FKLUPKHUUVFKDIWEHUQRPPHQ &KULVWLQD:HLVV6WDDWVPLQLVWHULQIU.XOWXUGHU%XQGHVUHSXEOLN'HXWVFKODQG 3DYHO'RVWDO.XOWXUPLQLVWHUGHU7VFKHFKLVFKHQ5HSXEOLN .ODXV:RZHUHLW5HJLHUHQGHU%UJHUPHLVWHUYRQ%HUOLQ 0DWWKLDV3ODW]HFN0LQLVWHUSUlVLGHQWGHV/DQGHV%UDQGHQEXUJ %RULV/D]DU%RWVFKDIWHUGHU7VFKHFKLVFKHQ5HSXEOLN ,FKP|FKWHPLFKIUGLHVHZLFKWLJH8QWHUVWW]XQJJDQ]KHU]OLFKEHGDQNHQ 8QGHQGOLFKP|FKWHLFKDXFK6LHPHLQH'DPHQXQG+HUUHQELWWHQXQVGXUFK,KUH7HLOQDKPHDQP|JOLFKVWYLHOHQ 9HUDQVWDOWXQJHQGHV)HVWLYDOV]XXQWHUVWW]HQXQGVR,KUHQ%HLWUDJ]XUNXOWXUHOOHQ$QQlKHUXQJYRQ'HXWVFKHQXQG 7VFKHFKHQ]XOHLVWHQ 'XVDQ5REHUW3DULVHN

ZZZSUDJEHUOLQIHVWLYDOGH


35$*%(5/,1)(67,9$/  %(5/,1

)HVWLYDO7VFKHFKLVFKHU.XQVWXQG.XOWXU

'DV 9LGHR 5HLVH)KUHU HQWVWDQG LP 6RPPHU  LQ 0DVXUHQ3ROHQ LP HKHPDOLJHQ  )KUHUKDXSWNTXDUWLHU :ROIVVFKDQ]HZlKUHQGPHLQHU$UEHLWLQGHU6RPPHUDNDGHPLHQLFKWDOO]XZHLWYRQGRUW=XPHLQHUhEHUUDVFKXQJ HQWSXSSWH VLFK GLHVHU KLVWRULVFKH 2UW DOV HLQH DUW EL]DUUH 3LOJHUVWlWWH ZR )DPLOLHQ ]% ]XP 6SD]LHUHQ PLW LKUHQ .LQGHUQNRPPHQZRPDQSLFNQLFNHQNDQQZRHVHLQH,G\OOOHJLEWGLHGXUFKDXVYHUJOHLFKEDUVHLQN|QQWHPLWGHP %HVXFKGHUPH[LNDQLVFKHQ3\UDPLGHQLP8UZDOGYRQ<XNDWDQ $EHU YRU DOOHP GLH XQKHLPOLFKH 6RXYHQLHULQGXVWULH PLW 3URGXNWHQ ZLH 66+DQGVFKXKHQ *DVVPDVNHQ XQG PLQLDWXULVLHUWHQ GHXWVFKHQ 6ROGDWHQ XQWHU HLQHU *ODVKDXEH HU]HXJHQ GDV *HIKO GDVV PDQ VLFK LQ HLQHP IU 7RXULVWHQ DQJHOHJWHQ 7KHPHQSDUN EHILQGHW 'LHVH 6WlWWH YHUNRPPW DXI HLQH DEVXUGH $UW XQG :HLVH ]X HLQHP $XVIOXJV]LHOPLWYLHO5RPDQWLN

%,(/,&.< 921*(25*',(=



 :LUVWDQGHQYRUGHP+DXVPLWGHU1XPPHUXQGVFKDXWHQGLH6WUD‰H HQWODQJDXIGLHEUHLWH)DVVDGHGHU9RONVEKQHZRJHUDGHGLH.|SIHYRQ &ODXGLD6FKLIIHU.RIL$QQDQXQG6DGGDP+XVVHLQKHUDEVHJHOWHQ1XUGHU .XQVWNHQQHUQHEHQPLUVFKDXWHQLFKWDXIGDV.XQVWZHUNVRQGHUQDXIGLH%HLQH GHVMXQJHQ0lGFKHQVYRULKP 6LHKDWWHURVD6WUPSIHDQXQGHLQHQ5RFNGHUELV]XP.QLHUHLFKWH'HU0DQQ QHEHQPLUKDWWHHLQ*HVLFKWGDVEOD‰ZDUXQGHWZDVPDJHU9RUKHUKDWWHHU HLQSDDU:RUWHDXIVHLQHQ%ORFNJHNULW]HOWXQGLQVHLQHU0DSSHJHEOlWWHUW-HW]W VFKDXWHHUPDO]XGHQIDOOHQGHQ.|SIHQGLHDOVHLQH$UW=HLWNULWLNJHPHLQWVHLQ NRQQWHQRGHUDXFKQXUVFK|QZDUHQPDOVFKDXWHHUDXIGLH%HLQHGHV 0lGFKHQVGLHJDQ]XQNULWLVFKZDUHQXQGZLUNOLFKVFK|Q(UOlFKHOWHVRHLQ /lFKHOQZLHHVMHPDQGWXWGHUVLFKGDEHLVHOEVWYRQDX‰HQEHREDFKWHW,Q GLHVHP0RPHQWVDKHUDXVZLHMHPDQGGHUJHJHQMHGH:DKUVFKHLQOLFKNHLW JOFNOLFKVHLQZLOO 9RUGHP+DXVPLWGHU1XPPHUVWDQGHQMHW]W]HKQ0HQVFKHQXPGHQ .QVWOHU0LVFKD%LHOLFN\KHUXPGHUVLFKGLHVH9LGHRSURMHNWLRQDXVJHGDFKW KDWWH(UWUXJHLQHVFKZDU]H-DFNHZLHVLHZRKOQXU9LGHRNQVWOHUWUDJHQHLQH $UWDVLDWLVFKH6DNNR9DULDQWHXQGGD]XHLQHVFKZDU]H+RVHXQGHLQH*ODW]H 1HEHQLKPVWDQGVHLQHVFKPDOHV\PSDWKLVFKH)UHXQGLQ$XFK%LHOLFN\V%UXGHU ZDUGDHLQ+DXWDU]WDXV'VVHOGRUIGHUVHLQH'LJLWDONDPHUDGD]XEHQXW]WH GLH%LOGHUVHLQHUEHHLQGUXFNHQGHQ6DPPOXQJWVFKHFKLVFKHU0DOHUHL]X]HLJHQ (LQ0DQQVDJWHHLQSDDU:RUWH]XU%HJU‰XQJ:LUZDUHQGLHNOHLQVWH 9HUQLVVDJHDQGLHVHPJUR‰HQ%HUOLQHU.XQVWZRFKHQHQGH 'DZDUGDV$UW)RUXPZRVLFKGLH0HQVFKHQLQGHQJXWJHVFKQLWWHQHQ$Q]JHQ NHQQWQLVUHLFKGXUFKGLH*lQJHVFKREHQ'DZDUHQGLHKHOOHQ)HQVWHUGHU *DOHULHQGLHLQGLH1DFKWOHXFKWHWHQZLHHLQ9HUVSUHFKHQDQGDVQLHPDQG JODXEW'DZDUGLH3DUW\GHV$UW)RUXPVLQGHU9RONVEKQHZRYLHO(QJOLVFK JHUHGHWZXUGHXQGHWZDV)UDQ]|VLVFK8QGDP'LHQVWDJZUGHQRFKGHUJUR‰H )OLFN$XIWULHEIROJHQZRYRUDOOHP'HXWVFKJHVSURFKHQZHUGHQZUGH(VZDU HLQ0RPHQWGHU6WLOOHZLU]HKQYRUGHU1XPPHUZlKUHQGXPXQVGLH .XOWXUWREWH 'HU0DQQQHEHQPLUVWUDKOWH(UJUDWXOLHUWHGHP.QVWOHU%LHOLFN\HUUHGHWHPLW GHP/HLWHUGHUGHXWVFKWVFKHFKLVFKHQ.XOWXUZRFKHQHUVFKDXWHVLFKQRFKPDO GLHIDOOHQGHQ*HVLFKWHUDQXQGVDJWHODXW7ROO'DQQVDJWHHU,FKPX‰KLHU ZHJ ,FKIXKUGDQDFK]XGHQ.XQVW:HUNHQZRGLH3DUW\OHLGHUHLQHQ$EHQGYRUKHU VWDWWJHIXQGHQKDWWHLFKJLQJLQGLH9RONVEKQHXQGEHGLHQWHPLFKDP WKDLOlQGLVFKHQ%XIIHWLFKVD‰NXU]DXIGHU7UHSSHXQGJLQJGDQQLQGLH*DOHULH QHEHQDQGLHQRFKRIIHQKDWWHXQGYRQZRPLFKHLQMXQJHU0DQQYHUWULHEGHU VLFKGLHJHRPHWULVFKHQ%LOGHUDQVDKXQGPLFKPLWGHP5XIYHUIROJWH'DV .DURKDEHQ6LHJHVHKHQGDV.DURLVW]XUFN" 9RUGHU*DOHULHWUDILFK0LVFKD%LHOLFN\PLWVHLQHU)UHXQGLQ'HU3URMHNWRUVHL NDSXWWVDJWHHUVLHP‰WHQDXIV'DFKXQGQDFKVFKDXHQ'DQQYHUVFKZDQGHQ VLHLP'XQNHO 9RUGHP+DXVPLWGHU1XPPHUEOLHELFKNXU]VWHKHQXQGGUHKWHPLFKXP 'LH1DFKWKDWWHGLH.XQVWHLQIDFKYHUVFKOXFNW 7H[W)UDQNIXUWHU$OOJHPHLQH6RQQWDJV]HLWXQJ1U6HLWH


=OLQLQ%HUOLQGLH%DWD6WDGWLVW6FKZHUSXQNW EHLP)HVWLYDOWVFKHFKLVFKHU.XQVWXQG.XOWXU

5DKPHQSURJUDPP ]X ,1 9(5%,1'81* 0,7 76&+(&+,6&+(5 .8167

(8 SRVLWLYH '(0 )(67,9$/ 81' .8/785

%HUOLQ0LWHLQHP)HVWDNWLP+RKHQ]ROOHUQKDXVLVWDP)UHLWDJDEHQGLQ%HUOLQGDV)HVWLYDO7VFKHFKLVFKHU.XQVWXQG.XOWXUHU|IIQHWZRUGHQ'DV)HVWLYDOVROOHGD]X EHLWUDJHQQRFKEHVWHKHQGH9RUXUWHLOHXQG0LVVWUDXHQ]ZLVFKHQ7VFKHFKHQXQG'HXWVFKHQ]XEHUZLQGHQXQG:LVVHQVOFNHQLP%HUHLFKGHU.XOWXUGHVMHZHLOV DQGHUHQ/DQGHV]XVFKOLH‰HQHUNOlUWH7VFKHFKLHQVVWHOOYHUWUHWHQGH.XOWXUPLQLVWHULQ3HWUD6PROLNRYD8PGLHVHV=LHO]XHUUHLFKHQVHLGLHZLUNVDPVWH:DIIHGHUQHXHQ GHPRNUDWLVFKHQ*HVHOOVFKDIWJHZlKOWZRUGHQGLH.UDIWGHVVFK|SIHULVFKHQ*HLVWHVGHU)DQWDVLHXQG.UHDWLYLWlW

>@$XWRU7KRPDV.LUVFKQHU



0LWHLQHP0DPPXWSURJUDPPGDVVLFKEHUPHKUDOV]ZHL0RQDWHHUVWUHFNWOlXIW]XU=HLWLQ%HUOLQ GDV )HVWLYDO GHU WVFKHFKLVFKHQ .XQVW XQG .XOWXU  5DGLR 3UDJ KDW EHUHLWV EHULFKWHW =LHO LVW HV 5HLFKWXP XQG 9LHOIDOW GHU WVFKHFKLVFKHQ 6]HQH XQG LKUHU DNWXHOOHQ 7HQGHQ]HQ LP JUR‰HQ 1DFKEDUODQG ]X SUlVHQWLHUHQ 6FKZHUSXQNW GHU QlFKVWHQ :RFKHQ ZLUG GLH RVWPlKULVFKH 6WDGW =OLQ VHLQ 7KRPDV .LUVFKQHU VSUDFK PLW GHP 2UJDQLVDWRU GHV )HVWLYDOV 'XVDQ 5REHUW 3DULVHN =OLQ HLQH NOHLQH 6WDGW LQ 2VWPlKUHQ LQ HLQHP HWZDV DEJHOHJHQHQ :LQNHO QDKH GHU VORZDNLVFKHQ *UHQ]H'HU1DPHDEHUKDWHLQHQ.ODQJZHLWEHUGLH/DQGHVJUHQ]HQKLQDXV=OLQLVWHLQH,NRQHGHU 0RGHUQH GHU 6LW] GHU %DWD:HUNH 'HU 6FKXKIDEULNDQW 7RPDV %DWD KDW GLH JDQ]H 6WDGW LQ HLQ HLQ]LJDUWLJHV (QVHPEOH IXQNWLRQDOLVWLVFKHU $UFKLWHNWXU YHUZDQGHOW HLQ *HVDPWHQWZXUI PRGHUQHU 8UEDQLWlW'DQHEHQLVWGLH6WDGWDXFK]XHLQHP=HQWUXPGHUELOGHQGHQ.XQVWJHUHLIW,P5DKPHQGHV )HVWLYDOV WVFKHFKLVFKHU .XQVW XQG .XOWXU VROOHQ 6LHEHQ %LOGKDXHU GLHV QXQ LQ HLQHU JOHLFKQDPLJHQ $XVVWHOOXQJDXFKGHP%HUOLQHU3XEOLNXPEHOHJHQ'D]XGHU2UJDQLVDWRUGHV)HVWLYDOV'XVDQ5REHUW 3DULVHN ,P5DKPHQGLHVHU$XVVWHOOXQJVWHOOHQVLFKVWHOOYHUWUHWHQGIUGLH.QVWOHUGHU5HJLRQVLHEHQ.QVWOHU GHUPLWWOHUHQXQGMQJHUHQ*HQHUDWLRQYRUGLHVLFKPLWPRQXPHQWDOHU%LOGKDXHUHLEHIDVVHQ9RQGHU 7KHPDWLNKHUHLQEUHLWHV6SHNWUXP8QGQDFKGHPZDVLFKJHVHKHQKDEHXQGZLHLFKHLQLJHGHU .QVWOHU NHQQH ZLUG GDV VLFKHUOLFK HLQ (UHLJQLV ZHUGHQ 8QGHVZLUGQLFKWGDVHLQ]LJH(UHLJQLVEOHLEHQPLWGHPVLFKGLHRVWPlKULVFKH6WDGWGHP%HUOLQHU 3XEOLNXPSUlVHQWLHUW (V JLEW HLQHQ ZHLWHUQ 3XQNW EHL GHP PHUNW PDQ GDVV GLH =OLQHU ZLHGHU LQ GLH :HOW KLQDXV DXVVWUDKOHQ ZROOHQ (V KDQGHOW VLFK XP HLQH $XVVWHOOXQJ PLW GHP 7LWHO =OLQ  %DWD 'LH $XVVWHOOXQJVHU|IIQXQJILQGHWDP1RYHPEHULQVHKUDXVJHIDOOHQHQ5lXPOLFKNHLWHQVWDWWQlPOLFK LP7XQQHOGHU8DP3RVWGDPHU3ODW],FKIUHXHPLFKVHKUGHQQGDVLVWHLQH%HJHJQXQJQLFKWQXU IU GLH $UFKLWHNWHQ QLFKW QXU IU 0HQVFKHQ GLH VLFK IU %DXNXQVW LQWHUHVVLHUHQ VRQGHUQ GLH $XVVWHOOXQJ]HLJWZLHGLHVH6WDGWGLHVLFKZLUNOLFKLP$XIEUXFKEHILQGHWPLWYLHOHQ3UREOHPHQIHUWLJ ZLUG %HUHLWVVHLW0LWWH6HSWHPEHUOlXIWLQ%HUOLQGDV)HVWLYDOWVFKHFKLVFKHU.XQVWXQG.XOWXUXQGJHKWGDPLW DXIGLH+DOE]HLW]X$EHUDXFKIUGLH]ZHLWH+lOIWHLVWHLQUHLFKHV3URJUDPPYRUEHUHLWHW1RFKPDOV 'XVDQ5REHUW3DULVHN -HW]W NRPPHQ 7KHDWHUDXIIKUXQJHQ 7DQ] HLQ %DOOHWWDEHQG PLW GHU 6WDDWVRSHU XQG VRJDU HLQH .LQGHUYHUDQVWDOWXQJ :LH PDFKW PDQ %DOOHWW" GLH GHU 'R\HQ GHU WVFKHFKLVFKHQ &KRUHRJUDSKLHV]HQHPRGHULHUHQZLUG3DYHO6PRFN,FKIUHXHPLFKVHKUDXIGLH:LGHUEHJHJQXQJ PLWLKPZHLOGDVLPHXURSlLVFKHQ6LQQHHLQJUR‰HU7KHDWHUPDQQLVW8QGGDVZLUGVLFKHUOLFKDXFK IUYLHOHKLHULQ%HUOLQHLQHhEHUUDVFKXQJVHLQ 'DV)HVWLYDOGDXHUWQRFKELV]XP1RYHPEHU

SUHVVH

7VFKHFKLVFKHV.XOWXU)HVWLYDOZLOO0LVVWUDXHQXQG9RUXUWHLOHDEEDXHQ -XQJH.QVWOHUUHIOHNWLHUHQXQNRQYHQWLRQHOOXQGVFKULOOJHVHOOVFKDIWOLFKH3UREOHPH

'LHWVFKHFKLVFKH.XOWXUVHLVWHWVHLQHHXURSlLVFKH.XOWXUJHZHVHQEHWRQWH)UDX6PROLNRYD6RKlWWHQWVFKHFKLVFKH.QVWOHUDXVGHQ%HUHLFKHQ7KHDWHU)LOP%LOGHQGH .XQVWXQG/LWHUDWXUDXFK]XU=HLWSROLWLVFKHU'LNWDWXUHQLQLKUHP/DQGLQWHUQDWLRQDOH%HDFKWXQJJHIXQGHQXQGKlXILJQHXH(QWZLFNOXQJHQXQG7HQGHQ]HQDXVJHO|VWRGHU PLWEHHLQIOXVVW

.$0(/,(1'$0( %DOOHWWGHU6WDDWVRSHU3UDJ $NDGHPLHGHU.QVWH%HUOLQ  +DQVHDWHQZHJ  +DQVHDWHQZHJ =XPGULWWHQ0DOILQGHWGDV)HVWLYDO7VFKHFKLVFKHU.XQVWXQG .XOWXULQ%HUOLQVWDWWGLHVPDOPLW*DVWDXIWULWWHQLP5DKPHQ GHU $XVVWHOOXQJ (8 SRVLWLYH  .XQVW DXV GHP QHXHQ ( X U R S D   'DV )HVWLYDO JHKW VHLQH :HJH DEVHLWV GHU DXVJHWUHWHQHQ 3IDGH GHU LQWHUQDWLRQDO EHNDQQWHQ .XOWXULQVWLWXWLRQHQ GHV /DQGHV 6FKULWWZHLVH ZLUG GHU 9HUVXFK XQWHUQRPPHQ GLH XQWHUVFKLHGOLFKHQ JHVHOOVFKDIWOLFKHQ (UIDKUXQJHQ XQG 6R]LDOLVLHUXQJHQLQYHUVFKLHGHQHQSROLWLVFKHQ6\VWHPHQGLH 0DXHUQ LQ GHQ .|SIHQ  DE]XEDXHQ XQG ]X HWZDV 1HXHP ] X V D P P H Q ] X V H W ] H Q  $QIDQJ2NWREHUWULWWLQGHU$NDGHPLHGHU.QVWHGLH JHJUQGHWH&ORZQV*UXSSH.UHSVNRDXIGLHVLFKPLW7DQ] $NWLRQ 3DQWRPLPH XQG 0XVLNLPSURYLVDWLRQ EHVFKlIWLJW XQG ]X GHQ HLJHQZLOOLJVWHQ 3HUIRUPDQFHJUXSSHQ GHU MXQJHQ WVFKHFKLVFKHQ6]HQHJHK|UW'DQDFKZLUGGDV9RNDOTXDUWHWW $IIHWWRGDVDXV]ZHL7HQ|UHQHLQHP.RQWUDWHQRUXQGHLQHP %DVV EHVWHKW ]X K|UHQ VHLQ =X VHLQHP 5HSHUWRLUH ]lKOHQ VRZRKO PLWWHODOWHUOLFKH XQG %DURFNPXVLN DOV DXFK ]HLWJHQ|VVLVFKH 0XVLN HV DUEHLWHW GDUEHU KLQDXV JHQUHEHUVFKUHLWHQG ,Q GHU $NDGHPLH GHU .QVWH ZLUG HV PLW .RPSRVLWLRQHQ GHV MXQJHQ .RPSRQLVWHQ 0LORV äWHGURQ DXIWUHWHQ 'DV 3UDJHU .DPPHUEDOOHWW ZLUG PLW 'LH .DPHOLHQGDPH ]X *DVW VHLQ (V LVW GLH HUVWH 7DQ]SURGXNWLRQGLHGHUQHXHNQVWOHULVFKH%DOOHWWOHLWHU3DYHO 'XPEDOD PLW GHP 3UDJHU .DPPHUEDOOHWW YRQ 3DYHO äPRN XQG 623 %DOOHWW HLQVWXGLHUW KDW 0LW GHQ 0LWWHOQ GHU

,P0LWWHOSXQNWGHVGULWWHQ)HVWLYDO-DKUJDQJVLQ%HUOLQVWHKHGLH$UEHLWMXQJHUWVFKHFKLVFKHU.QVWOHUGLHDXIXQNRQYHQWLRQHOOH$UWXQG:HLVHLKUHHUOHEWH*HJHQZDUW UHIOHNWLHUHQHUOlXWHUWHGLH0LQLVWHU6WHOOYHUWUHWHULQ'DVMXQJH(80LWJOLHG7VFKHFKLHQVHKHVLFKZLHGLHDQGHUHQHXURSlLVFKHQ6WDDWHQPLWGHQGHQVHOEHQ3UREOHPHQZLH 5DVVLVPXVXQG,QWHJUDWLRQYRQ0LQGHUKHLWHQNRQIURQWLHUW'LH.XQVWZROOHGHU*HVHOOVFKDIWHLQHQ6SLHJHOYRUGDV*HVLFKWKDOWHQXQGGLHHLJHQHQ)HKOHUDXI]HLJHQ 'DV)HVWLYDO7VFKHFKLVFKHU.XQVWXQG.XOWXUSUlVHQWLHUWVLFKLQGLHVHP-DKULQGHUGHXWVFKHQ+DXSWVWDGWEHVRQGHUVH[SHULPHQWLHUIUHXGLJELVZHLOHQDXFKVFKULOOXQG SURYRNDQW8QWUDGLWLRQHOOHV]XU7UDGLWLRQZHUGHQ]XODVVHQLVWGDV$QOLHJHQGHU9HUDQVWDOWHU%LV]XP1RYHPEHUVWHKHQPHKUDOV$NWLRQHQGDUXQWHU0XVLNXQG 7KHDWHUDXIIKUXQJHQ$XVVWHOOXQJHQ9LGHRSURMHNWHXQG'LVNXVVLRQVUXQGHQDXIGHP3URJUDPP,QGHQNRPPHQGHQ]ZHL0RQDWHQVROOYRUDOOHPJH]HLJWZHUGHQZLH QHXH7HFKQRORJLHQQLFKWQXUGLH%LOGHQGH.XQVWGHV1DFKEDUODQGHVSUlJHQVRQGHUQDXFK]XQHKPHQGLQPRGHUQHQ7KHDWHUSURMHNWHQYHUZHQGHWZHUGHQ 0LWPHKUHUHQ9LGHRSURMHNWHQVWHOOWVLFKGHU3UDJHU0HGLHQNQVWOHU0LFKDHO%LHOLFN\YRUGHUWUDGLWLRQHOOH.XQVWPHGLHQPLW&RPSXWHUSURJUDPPHQDXVGHU9LUWXDO5HDOLW\ )RUVFKXQJNRQIURQWLHUW=XGHQPXVLNDOLVFKHQ)HVWLYDO+|KHSXQNWHQ]lKOHQGLH.RQ]HUWHGHV(QVHPEOHV'UHL'$PHQPLWXQJHZ|KQOLFKHQ.DPPHUPXVLN ,QWHUSUHWDWLRQHQGLHPRGHUQH%DOOHWW,QV]HQLHUXQJGHU.DPHOLHQGDPHLQGHU5HJLHYRQ/LERU9DFXOLNXQGGDVV]HQLVFKH2UDWRULXP'LH5HNRQVWUXNWLRQYRQ-DQ-DUDE IUHLQDFK,GHHYRQ(OLDV&DQHWWL (LQHZHLWHUH)HVWLYDO$WWUDNWLRQLVWGLH&ORZQ*UXSSH.UHSVNRHLQHGHUHLJHQZLOOLJVWHQ3HUIRUPDQFHJUXSSHQLQGHUMXQJHQ WVFKHFKLVFKHQ6]HQH

'ULWWHV)HVWLYDO7VFKHFKLVFKHU.XQVWXQG .XOWXULQ%HUOLQ >@$XWRU7KRPDV.LUVFKQHU 8QWUDGLWLRQHOOHV]XU7UDGLWLRQZHUGHQODVVHQP|FKWHGDV)HVWLYDO7VFKHFKLVFKHU .XQVWXQG.XOWXULQ%HUOLQGDVGHU]HLWEHUHLWV]XPGULWWHQ0DOVWDWWILQGHW0LW HLQHPEUHLWJHVSDQQWHQ3URJUDPPVROO]XJOHLFKJH]HLJWZHUGHQGDVVHVHLQ 7VFKHFKLHQMHQVHLWVGHUGHXWVFKHQ%LHUXQG.Q|GHO.OLVFKHHVJLEW7KRPDV .LUVFKQHUVWHOOWGDV)HVWLYDOYRU $YDQWJDUGLVWLVFKXQGH[SHULPHQWLHUIUHXGLJVFKULOOXQGSURYRNDQWVRZLOOVLFKGDV )HVWLYDOWVFKHFKLVFKHU.XQVWXQG.XOWXULQ%HUOLQSUlVHQWLHUHQ,QEHU 9HUDQVWDOWXQJHQN|QQHQGLH%HVXFKHUHLQHQ(LQGUXFNYRP6WDQGGHU WVFKHFKLVFKHQ.XQVWV]HQHEHNRPPHQXQG]ZDULQQDKH]XDOOHQ*DWWXQJHQ'DV 3URJUDPPUHLFKWYRQ0XVLNXQG7KHDWHUDXIIKUXQJHQEHU$XVVWHOOXQJHQELVKLQ ]X9LGHRSURMHNWHQ*HUDGHGHU(LQIOXVVGHUQHXHQ0HGLHQLVWHLQVSH]LHOOHV 7KHPDGHV)HVWLYDOV'XVDQ5REHUW3DULVHNLQ'HXWVFKODQGOHEHQGHUHKHPDOLJHU ([LOWVFKHFKHXQGNQVWOHULVFKHU/HLWHUGHV)HVWLYDOVP|FKWHGDPLWGLH7VFKHFKLVFKH 5HSXEOLNYRQHLQHU6HLWHYRUVWHOOHQGLHGHXWVFKH%HVXFKHUDXIWRXULVWLVFKHQ $XVIOJHQQLFKWNHQQHQOHUQHQ 'LH6DFKHQYRQGHQHQZLUHLJHQWOLFKP|FKWHQGDVVGHU1DFKEDUVLHULFKWLJ YHUVWHKWRGHUEHJUHLIWRGHUPDQFKPDODXFKDN]HSWLHUWGLHEOHLEHQGDQQDXI GHU6WUHFNH8QGGDVZDVKLHUYRQVWDWWHQJHKWLVWWDWVlFKOLFKLFKPDJQLFKW HLQHVROFKH7HUPLQRORJLHDEHUHVLVWHLQ9HUVXFKLQHLQHPEUHLWHQ6SHNWUXP YLHOH6WHLQHIUHLQ0RVDLN]XVDPPHQ]XVWHOOHQGDPLWGHU1DFKEDUZLUNOLFKGLH 0|JOLFKNHLWKDWVLFKQLFKWQXU]XLQIRUPLHUHQVRQGHUQDXFKGDUEHU]X GLVNXWLHUHQXQGYRUDOOHP6DFKHQ]XEHlXJHQXQG]XVHKHQXQGLKQHQ]X EHJHJQHQGHQHQPDQZHQQPDQDOV7RXULVWQDFK3UDJ%UQQRGHU%|KPLVFK .UXPDXIlKUWQLFKWEHJHJQHW 6RELHWHWGDV)HVWLYDORIWXQJHZ|KQOLFKH=XJlQJHXQGPRGHUQH7HQGHQ]HQ6WDWW GLH.ODVVLNHU'YRUDNXQG6PHWDQDDEHUPDOVDXI]XIKUHQZLUGXQWHUDQGHUHP GHUMXQJH%UQQHU0XVLNHUXQG.RPSRQLVW0LORV6WHGURQMXQLRUGLHQHXHQ (QWZLFNOXQJHQGHUWVFKHFKLVFKHQ0XVLNUHSUlVHQWLHUHQ$EHUDXFKJHJHQEHUGHU 3RSXOlUNXOWXUHWZDLQ*HVWDOWHLQHUKLVWRULVFKHQ)HFKWJUXSSHKDWPDQNHLQH %HUKUXQJVlQJVWH'LH/HLWOLQLHQVLQG4XDOLWlWXQG,QQRYDWLRQ :HQQ6LHGDVEHVRQGHUHQHKPHQZDVGLH%|KPHQXQGGLH0lKUHUZLUNOLFK QLFKWQXUDQGHUVVRQGHUQEHVVHUN|QQHQDOVGLH1DFKEDUQREGDVMHW]W3ROHQ gVWHUUHLFKHURGHU'HXWVFKHVLQGGDQQLVWPDQJODXEHLFKLPPHUJXWEHUDWHQ 8QGJODXEHQ6LHPLUHVJLEWYLHOHH[]HOOHQWH6DFKHQLQGHU7VFKHFKLVFKHQ 5HSXEOLN6WU|PXQJHQ%HJHJQXQJHQGLHPLUGDVJH]HLJWKDEHQ(VJLEWYLHO ,QQRYDWLYHVYLHO)ULVFKHVXQGPDQFKPDODXFK)UHFKHVXQGGDVZLOOLFKKLHU SUlVHQWLHUHQ 'HXWVFKHXQGWVFKHFKLVFKH.QVWOHUWUHIIHQEHLGHP)HVWLYDODXIHLQDQGHUXQG DUEHLWHQJHPHLQVDP6LHKWGHU)HVWLYDOOHLWHU'XVDQ3DULVHNGDULQHLQ9RUELOGIU GLHGHXWVFKWVFKHFKLVFKHQ%H]LHKXQJHQLP$OOJHPHLQHQ" 'DVZUGHLFKVFKRQVDJHQZHLOZLUPLWHLQDQGHUVHKUJXWDXVNRPPHQ'DJLEW HVNHLQH'LVKDUPRQLHHVJLEWQDWUOLFKYLHOH'LVSXWDWLRQHQDEHULP*UXQGH JHQRPPHQJHKWHVXQVDOOHQLPPHUZLHGHUXPGDV*OHLFKH:LUZROOHQGHQ 6SLHJHOGHU=HLWVWHOOHQXQGHLQIDFKYHUVXFKHQDXIGLHVH]XUHDJLHUH8QGGDVLVW GDVZRGLH.QVWOHULPPHUQRFKHLQSDDU6FKULWWHYRUDXVVLQG 'DV)HVWLYDO7VFKHFKLVFKHU.XQVWXQG.XOWXULQ%HUOLQGDXHUWQRFKELV]XP 1RYHPEHU


5HNRQVWUXFWLRQ7KHDWHU.RPHGLH3UDJ

6FKXQWDQGHU+RFKVFKXOH IU6FKDXVSLHONXQVW%HUOLQ

YOQU3UHVVHDWWDFKH&5%RWVFKDIW 9HURQLND=HUWRYD %LOGKDXHULQ5DFKHO.RKQ

'20,1,.YRUGHP 5HLFKVWDJ%HUOLQ

.DPHOLHQGDPHDQGHU $NDGHPLHGHU.QVWH%HUOLQ

6HHIULHG5LFKWHU$XVVWHOOXQJ.XQVW5DXP %HUOLQ

4XDUWHWWDQGHU9RONVEKQH DP5RVD/X[HPEXUJ3ODW]

6FKZHMN8ID)DEULN )RWR-.UDWRFKYLO

.RQ]HUW$NDGHPLHGHU.QVWH0LORV 6WHGURQ

YOQU0HQVFKHQUHKWVEHDXIWUDJWHGHU &55HJLHUXQJ-DQ-DUDE 3%)/WU'53DULVHN $XVVWHOOXQJVHU|IIQXQJ%LOGKDXHU=OLQ

YOQU'U)5$OWPDQQ/WU6:3%HUOLQ )UDX$$OWPDQQ'U*6DEDWKLO /WU(89HUWUHWXQJ%5''53DULVHN 3%)/WU

Prag Berlin Festival 2004  

Prag Berlin Festival 2004 - archiv

Read more
Read more
Similar to
Popular now
Just for you