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City Service AB Announces Intention to Sell 100% Stake Held in Ecoservice UAB


Thursday, 11 Apr 2013 02:00am EDT 

City Service AB announced that it has concluded, on April 10, 2013, the contract with the financial advisor Porta Finance regarding the consultations and search of potential acquirers for 100% of Ecoservice UAB shares. Ecoservice UAB, with the subsidiaries, supplies waste management and other environmental services in Vilnius and Klaipeda cities and in more than ten other municipalities of Lithuania. The decision to search for potential investors for waste management and environmental business in Lithuania was adopted in order to focus on the key strategic goal of the Company, expansion of facility management and maintenance business in foreign markets. 

Company Quote

1.69
0.02 +1.20%
31 Oct 2014