Tous Actualités
Suivre
Abonner A-TEC Industries AG

A-TEC Industries AG

euro adhoc: A-TEC Industries AG
Mergers - Acquisitions - Takeovers
A-TEC Industries acquires Voitsberg power station site in Styria, Austria

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
Contracts/Voitsberg
30.07.2008
- Conversion to other energy sources and R&D centre among options 
being evaluated
Vienna, 30 July 2008 - A-TEC Industries AG (ISIN AT00000ATEC9) today 
announced that it has signed an agreement to purchase the entire site
and buildings of the decommissioned Voitsberg lignite fired power 
station from Austrian Thermal Power GmbH & Co KG (ATP) — a 56% 
subsidiary of the Vienna-listed Verbund Group. The transaction is 
expected to be completed in a few weeks´ time. The purchase price was
not disclosed.
Re-use of the 330 MW Voitsberg III lignite power station, closed down
in July 2006, by converting it to other energy sources, is among the 
options currently being evaluated. A-TEC Industries and its 
subsidiary Austrian Energy & Environment (Plant Construction 
Division), which is active in the power plant business, are studying 
a number of scenarios.
The AE&E Group is looking at the possibility of establishing a 
research and development centre at Voitsberg, where advanced power 
engineering services could also be located.
"I am confident that the modernization of the Voitsberg III lignite 
power plant will be economically viable," said A-TEC Industries CEO 
Mirko Kovats. "furthermore, this investment will create new jobs in 
the region."
end of announcement                               euro adhoc

Further inquiry note:

Investor relations contact:
Gerald Wechselauer
Phone: +43 1 22760 - 130
Fax: +43 1 22760 - 160
Email: gerald.wechselauer@a-tecindustries.com

Press contact:
A-TEC Industries AG Press Office
Claudia Müller-Stralz
Pleon Publico
Tel. +43 (0)1 71786 direct dial 107
E-mail: claudia.mueller@pleon-publico.at

Branche: Holding companies
ISIN: AT00000ATEC9
WKN:
Index: ATX Prime
Börsen: Wiener Börse AG / Regulated free trade

Plus de actualités: A-TEC Industries AG
Plus de actualités: A-TEC Industries AG