Ad-hoc | 2 December 2014 18:23
Salzgitter AG / Key word(s): Statement
02.12.2014 18:23
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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According to press reports, Russia's President Wladimir Putin and the
Gazprom Group's CEO Alexey Miller announced yesterday in Ankara that the
South Stream project will not be continued.
Contractual partner of Europipe GmbH, in which Salzgitter AG holds a 50 %
stake, is Netherlands-based South Stream Transport B.V., a company in which
other partners from EU countries are invested, alongside Gazprom. South
Stream Transport B.V. has not yet made a binding statement on the future of
the project.
We assume that a major part of the possible economic loss accruing to
Salzgitter AG from the discontinuation of the project would be covered by
the Euler Hermes credit insurance.
Contact:
Markus Heidler
Head of Investor Relations
Salzgitter AG
Eisenhüttenstraße 99
38239 Salzgitter
Phone +49 5341 21-6105
Fax +49 5341 21-2570
E-Mail ir@salzgitter-ag.de
02.12.2014 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Salzgitter AG
Eisenhüttenstraße 99
38239 Salzgitter
Germany
Phone: +49 5341 21-01
Fax: +49 5341 21-2727
E-mail: info@salzgitter-ag.de
Internet: www.salzgitter-ag.de
ISIN: DE0006202005
WKN: 620200
Listed: Regulierter Markt in Frankfurt (Prime Standard), Hannover;
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of Announcement DGAP News-Service
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