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P&T Technology acquires majority interest in European Energy Consult Holding AG
Ad-hoc-announcement processed and transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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P&T Technology acquires majority interest in European Energy Consult Holding AG
Hamburg-based P&T Technology AG acquired another 6 % of the stock of European
Energy Consult Holding AG (EECH) for a total of EUR 18,000. As a result, P&T
Technology now holds a 55% interest in the creator of funds based upon
renewable energy, which was established in mid-2001.
As an organization that specializes in the creation and sale of investment
products in the area of renewable energy, EECH has developed various efficient
marketing channels that will now be used to market P&T wind farms. Now that P&T
has acquired a majority interest in EECH, the already successful cooperation
between P&T as a project developer and the marketing organization of EECH will
be intensified. As a result, P&T Technology AG will now be able to take better
advantage of the existing marketing channels for its own projects. Following
the start-up costs for the current business year shown in the last quarterly
report issued by P&T Technology AG, EECH expects to end the year 2002 in the
black.
For further information, please contact:
P&T Technology AG
Dr. Carsten Weimann
An der Alster 3
D-20099 Hamburg
cweimann@pt-technology.de
Phone: +49 (0) 40-28 40 65-0
Fax: +49 (0) 40-28 40 65-25
end of ad-hoc-announcement (c)DGAP 19.12.2001
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WKN: 685 280; ISIN: DE0006852809; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Stuttgart, München, Berlin,
Bremen, Hamburg, Hannover, Düsseldorf
192344 Dez 01
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