Changeover at Esto

Günther Pacher, who took over at the helm of the Austrian lighting manufacturer Esto of Velden three years ago, is leaving the company on 31 August 2002. He now wants to concentrate entirely on his responsibilities as chief executive officer of 3E AG. His replacement is Peter Goldarbeiter, 52. According to information from the company, Esto recorded a 12 per cent rise in sales between January and the end of August 2002.