AFKEM AG
AFKEM sets up an associated company in Italy
Corporate News transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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AFKEM AG has set up the joint venture ‘AFKEM Italia S.r.l.’ with an Italian
partner. AFKEM AG has a 45% stake in the joint venture. Our associated
company in Italy will sell light and dense soda on the Italian market. This
soda is produced at the Crimean Soda Plant (www.cs.ua) in Ukraine. AFKEM
sees Italy as a key strategic market for Ukrainian soda. The soda will be
shipped from the Crimean peninsula across the Black Sea and the
Mediterranean to Italy. Alessio Canale has been appointed Managing Director
of AFKEM Italia S.r.l. whose headquarters are based near Verona in the town
of San Bonifacio.
(c)DGAP 05.12.2006
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Language: English
Issuer: AFKEM AG
Erdmannstraße 10-12
22765 Hamburg Deutschland
Phone: +49-(0)40-530030-0
Fax: +49-(0)40-530030-33
E-mail: info@afkem.com
WWW: www.afkem.com
ISIN: DE0005422000
WKN: 542200
Indices:
Listed: Freiverkehr in Berlin-Bremen, Stuttgart, München; Open Market
in Frankfurt
End of News DGAP News-Service
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