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DGAP-Adhoc: Petro Welt Technologies AG: Considerations for the termination of the joint venture in Oman

eqs_en 
0 0 31.03.22
DGAP-Adhoc: Petro Welt Technologies AG: Considerations for the termination of the joint venture in Oman
 

DGAP-Ad-hoc: Petro Welt Technologies AG / Key word(s): Strategic Company Decision
Petro Welt Technologies AG: Considerations for the termination of the joint venture in Oman

31-March-2022 / 19:40 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Vienna, March 31, 2022
During their meeting on March 31, 2022 in Vienna, the Supervisory Board members of Petro Welt Technologies AG decided to reconsider the Company's activities under an existing joint venture in Oman and to evaluate measures to terminate the business activities. In the future, the Company intends to primarily focus on business in its core markets.

About Petro Welt Technologies AG
Petro Welt Technologies AG, domiciled in Vienna, is one of the leading and first established oilfield services companies in Russia and the CIS and is specialized in services which increase the productivity of new as well as existing oil and gas formations.

Contact
Konstantin Huber (Male Huber Friends)
Investor Relations
T: +43 1 503 2 503-29
[email protected]

31-March-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: Petro Welt Technologies AG
Kärntner Ring 11-13
1010 Vienna
Austria
Phone: +43 1 535 23 20-0
Fax: +43 1 535 23 20-20
E-mail: [email protected]
Internet: www.pewete.com
ISIN: AT0000A00Y78
WKN: A0JKWU
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1317383

 
End of Announcement DGAP News Service

1317383  31-March-2022 CET/CEST

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Petro Welt Technologies AG Aktie

2,26 €
-1,77 %
Die Petro Welt Technologies AG Aktie rutscht heute ab, verliert -1,77 %.

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EQS Group is a leading international provider of regulatory technology in the fields of corporate compliance and investor relations. In working with EQS Group, thousands of companies worldwide inspire trust by fulfilling complex national and international disclosure obligations, minimizing risks and communicating transparently with stakeholders.




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