Bayer and Its Employees Provide Help to Japan
Immediate Relief and Sustainable Support Worth More Than EUR 1 Million
Leverkusen, March 15, 2011- Following the devastating earthquake and subsequent tsunami in Japan, Bayer and its employees are providing help. First of all, Bayer is providing immediate financial aid to the value of EUR 880,000 - which is the equivalent of Yen 100 Million - to the Japanese Red Cross. The funds are intended to help assist communities or individuals severely affected by the catastrophic events. Furthermore, the company intends to provide the Japanese health authorities with around EUR 120,000 worth of health products that are urgently needed.
In addition to the immediate relief, Bayer is also calling on its employees worldwide to make donations through the Bayer Cares Foundation. The company will match the donations up to the amount of EUR 250,000. These funds are to be used for a reconstruction project yet to be defined in one of the worst affected areas.
Bayer has been operating in Japan for more than 100 years and employs some 3,660 people there. None of the employees was injured as a consequence of the earthquake or the tsunami.
This release may contain forward-looking statements based on current assumptions and forecasts made by Bayer Group or subgroup management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Bayer’s public reports which are available on the Bayer website at www.bayer.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.