EANS-Adhoc: AvW Invest AG
AVW INVEST AG BUYS 3.75% IN GFT TECHNOLOGIES AG
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AvW Invest AG has acquired a share of 3.75% in GFT Technologies AG (GFTG.DE), an international provider of IT services. This is in line with the company´s investment strategy, which primarily focuses on technology and IT stocks.
GFT is an internationally leading provider of IT services with its headquarters in Baden-Württemberg, Germany. With a staff of 1,100 employees, GFT generated EUR 242 million in revenues in 2008. The company was founded in 1987 and offers innovative technological product and service solutions. GFT operates in Germany, Brazil, Great Britain, France, India, Switzerland and Spain.
International IT investments of AvW INVEST AG: 20.62% in S&T System Integration&Technology Distribution AG (SNTS.VI) 16.28% in Realtech AG (RTCG.DE) 3.75% in GFT Technologies AG (GFTG.DE)
About AvW Invest AG:
AvW Invest AG (ISIN number: AT0000930409, Reuters: AVWI.VI, XETRA Vienna: AWS), which is domiciled in Krumpendorf at Lake Wörthersee, is active in two core business areas: equity investments and real estate. AvW´s shares are listed in the Standard Market Auction segment of the Vienna Stock Exchange.
end of announcement euro adhoc
Further inquiry note:
AvW INVEST AG
Mag. Brigitte Burger
Branche: Financial & Business Services
Index: Standard Market Auction
Börsen: Frankfurt / free trade
Stuttgart / free trade
Wien / official dealing