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EQS-Adhoc: Petro Welt Technologies AG: Supervisory Board approves the Management Board’s decision to terminate business activities in Oman


EQS-Ad-hoc: Petro Welt Technologies AG / Key word(s): Joint Venture/Strategic Company Decision
Petro Welt Technologies AG: Supervisory Board approves the Management Board’s decision to terminate business activities in Oman

29-Sep-2022 / 16:45 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


AD-HOC ANNOUNCEMENT

 

Petro Welt Technologies AG – Supervisory Board approves the Management Board’s decision to terminate business activities in Oman

 

Vienna, September 29, 2022

The Supervisory Board of Petro Welt Technologies AG approved the decision of the Management Board to terminate the business activities of the Company under the current joint venture in Oman. The company held by Petro Welt Technologies AG for the purpose of providing its services under the joint venture in Oman, PEWETE EVO SERVICES LLC, will be liquidated.

 

 

Inquiries

Konstantin Huber (Male Huber Friends GmbH)

Investor Relations

T: +43 699 1172 68 14

[email protected]


29-Sep-2022 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


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: 1453531

 
End of Announcement EQS News Service

1453531  29-Sep-2022 CET/CEST

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Petro Welt Technologies AG Stock

€2.26
-1.770%
A loss of -1.770% shows a downward development for Petro Welt Technologies AG.

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