Nordeka
Corresponding the Article of Бизнесс&Балтика 29.07.2011
Nordeka 02.08.2011 13:08 Dissemination of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Corresponding to the article published by russian language newspaper Bussiness & Balticum on 29 July 2011, JSC Nordeka notifies: Responding to Cabinet resolution on budget cutdowns, State Ltd.'Road Transport Administration' has decreased overall transportation volume of JSC Nordeka, fixed by Concession agreement of 2008, by 1 million kilometrs and it is foreseeable decrease of transportation volume of another 1 million kilometrs. In this case JSC Nordeka should be forced to discharge part of employees and sell unnecessary omnibuses. Sergejs Zabavnikovs Chairman of the Board Dainis Pinkis economist +371 67500300 02.08.2011 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Nordeka Latvia Phone: Fax: E-mail: Internet: ISIN: LV0000100915 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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