Emvelco Announces That Public Discussion Will Commence on Samobor Project in Croatia

Fri Jun 13, 2008 8:18pm EDT
 
[-] Text [+]
LOS ANGELES--(Business Wire)--
Emvelco Corp. (NASDAQ:EMVL), the majority shareholder of the Atia
Group Ltd., announces that the City of Samobor officially posted its
decision that the making of an Urbanistic Plan of Organization shall
be ascertained with respect to the development known as the "Samobor
Garden." The public discussion for the City's approval of the Plan
shall commence June 30th, 2008 and be open for a period of thirty days
until July 30, 2008. At the end of the Public Discussion period, the
Conclusion will be published in the Official News of the City of
Samobor.

   The Mayor of the City of Samobor, Antun Dubravko Filipec, executed
the Administrative Notice.

   The Samobor Garden entails the development of residential
condominium units.

   This press release contains forward-looking statements that
involve risks and uncertainties. The statements in this release are
forward-looking statements that are made pursuant to safe harbor
provision of the Private Securities Litigation Reform Act of 1995.
Actual results, events and performance could vary materially from
those contemplated by these forward-looking statements. These
statements involve known and unknown risks and uncertainties, which
may cause Emvelco Corp.'s actual results in future periods to differ
materially from results expressed or implied by forward-looking
statements. These risks and uncertainties include, among other things,
product demand and market competition. You should independently
investigate and fully understand all risks before making investment
decisions.

For Emvelco Corp.
Robin Ann Gorelick, 323-822-1750

Copyright Business Wire 2008

 

Featured Broker sponsored link

Editor's Choice

A selection of our best photos from the past 24 hours.  Slideshow 

Most Popular on Reuters

  • Articles
  • Video