Corporate | 18 December 2014 18:10


Salzgitter AG: EUROPIPE given ‘Notice of Suspension’ by South Stream Transport B.V.


Salzgitter AG / Key word(s): Miscellaneous

18.12.2014 / 18:10


EUROPIPE GmbH, a 50/50 joint venture of the Salzgitter Group and AG der Dillinger Hüttenwerke, received an instruction from Amsterdam-based South Stream Transport B.V. to halt the production of steel tubes for the South Stream pipeline through to January 1, 2015. This does not, however, mark the end to the pipeline project. Instead, further information is to be given to the company by the South Stream consortium over the period through to the expiry of this date.

Until suspension by the consortium the production and processing of the pipeline project had proceeded according to plan. The standstill customary for the public holidays over Christmas had in any case been factored into the plans.




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




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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 News DGAP News-Service

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