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Story Box-ID: 227115

Progress-Werk Oberkirch AG Industriestraße 8 77704 Oberkirch, Germany http://www.progress-werk.de

PWO wird die Anteile am chinesischen Joint-Venture veräußern

(PresseBox) (Oberkirch, )
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- Koreanischer Partner will Joint-Venture vollständig übernehmen
- 2008 einmalige, nicht liquiditätswirksame Belastung von voraussichtlich 0,5 Mio. EUR
- Eigene PWO-Tochtergesellschaft in China nimmt Produktion planmäßig Anfang 2009 auf

Die Progress-Werk Oberkirch AG und die TAE HWA Enterprise Co., Ltd. haben sich darauf geeinigt, dass TAE HWA Enterprise den bisherigen 50%-Anteil von PWO an dem gemeinsamen chinesischen Joint-Venture übernimmt. PWO zieht sich damit vollständig aus dem Joint-Venture zurück, das 2006 für den Markteintritt in China gegründet worden war. Aus dem Verkauf der Anteile wird voraussichtlich ein nicht liquiditätswirksamer Buchverlust in Höhe von 0,5 Mio. EUR entstehen, der noch das Jahresergebnis 2008 belasten tveg.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.