United Energy Group plc
United Energy Group plc Implements Regional Strategy for South-Eastern Europe: Subsidiaries Formed in Belgrade and Banja Luka
United Energy Group Plc. / Strategic Company Decision Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- United Energy Group plc Implements Regional Strategy for South-Eastern Europe: Subsidiaries Formed in Belgrade and Banja Luka Haslemere, United Kingdom - August 27, 2009 - The United Energy Group plc has completed its regional strategy for South-eastern Europe. To refocus its activities on the Balkans, the company formed two fully-owned subsidiaries, one in Belgrade (Republic of Serbia) and one in Banja Luka (Republic of Srpska). Other regional companies are already in planning. 'Setting up the two companies is the logical step to take in order to enter the energy markets in the Balkans. Our way to ensure an optimal market access is to establish a permanent presence, a local foothold, and a regional network,' argued Dr. Rolf Haferkamp, CEO of United Energy Group plc, as he elaborated the move. The management of the two companies will both be handled by Thomas Diekötter, COO of UEG, and Udo Witte, CFO of UEG. United Energy Group plc United Energy group plc is an independent, listed energy company seated in Haslemere, Surrey, UK. Formed in 2006, the company focused initially on the area of energy production. During the past two years, UEG has undergone substantial development and successfully initiated another two business units: Energy Consulting and Energy Investments. The company has thereby responded to global market trends as it seeks to make a significant contribution to the area of energy supply, and to help meet the growing energy needs worldwide. Assertions Regarding the Future This press release may contain certain assertions regarding the future that include statements, declarations of intent, strategies and opinions relating to the future and to the expectations of United Energy Group and its subsidiaries. Any assertion contained herein is based on information available on the respective day to the management of UEG; and actual events may vary depending on the occurrence of future events that may or may not be subject to the management's control, including risks and uncertainty factors that may cause the actual events to deviate considerably. Such risks and factors include, without being limited to, ramifications that acquisitions may have for the company and its capital structure, exploratory findings, market conditions, the stability of mineral oil and natural gas prices, the uncertainty factors inherent in the operative business of mineral oil and natural gas production, unexpected future investment requirements, competition, statutory provisions, and other factors. Business Network Marketing- und Verlagsgesellschaft mbH Corinna Kaspar Fasanenstr. 47 10719 Berlin, Germany Tel.: +49 (0)30 - 81 46 46 00 Fax: +49 (0)30 - 81 46 46 0 - 46 E-mail: ir@unitedenergy.com 27.08.2009 Financial News transmitted by DGAP ----------------------------------------------------------------------
Aktuelle News
Aktuelle Berichte
Anstehende Events
Keine Events gefunden
Webcasts
Keine Webcasts gefunden