OEG: The Latvian subsidiaries of OEG are merging The

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
OEG: The Latvian subsidiaries of OEG are merging

The Latvian subsidiaries of OEG, Olympic Casino Latvia SIA and the casino operating company Altea SIA which was acquired in the summer of 2013, have concluded a merger agreement on 22.08.2014. The merger will be finalised within the current year and during the course of the merger Altea SIA will merge with Olympic Casino Latvia SIA. After the merger has been completed the group will carry on operating the casinos only through Olympic Casino Latvia SIA. The aim of the merger is the adjustment of the group’s structure.

The merger of the subsidiaries has no direct influence on the economic activities of OEG Group. The members of the management and supervisory boards of OEG have no personal interest in the transaction.

Madis Jääger
CEO
Olympic Entertainment Group AS
Tel + 372 667 1250
E-mail madis.jaager@oc.eu
http://www.olympic-casino.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

Insights on Recent Managerial Transactions at Nokia Corporation

Updated Category News Views 183

Overview of Recent Managerial Transactions at Nokia Corporation Nokia Corporation recently made headlines with notable managerial transactions that highlight its commitment to innovation and future growth. These transactions reflect the dynamics within the company and underscore its ongoing efforts to enhance shareholder value through strategic actions. Details of the...

Continue Reading
Innovative Portable Car Washing Solution Revolutionizes Vehicle Care

Updated Category News Views 375

Introducing a Revolutionary Portable Car Washing System Imagine having the ability to wash your car anywhere you are. This was the vision of an innovative inventor who recognized the need for a convenient and compact car wash system, which is now embodied in the newly developed M B WASH. This portable car washing machine offers an effective solution to the age-old dilemma...

Continue Reading
XTI Aerospace Plans Expansion with Proposed Public Offering

Updated Category News Views 173

XTI Aerospace Plans Expansion with Proposed Public Offering XTI Aerospace, Inc. (Nasdaq: XTIA), a leader in advanced xVTOL and powered-lift aircraft technologies, has announced its intention to offer public shares as part of a best-efforts offering. This strategic move aims to bolster the company's capital resources, facilitating further development in cutting-edge...

Continue Reading
USDA Under Scrutiny as ASPCA Reports on Puppy Mill Violations

Updated Category News Views 324

ASPCA's Shocking Report on Puppy Mill Violations In a recent analysis by the ASPCA, alarming statistics have surfaced regarding animal welfare violations at USDA-licensed commercial dog breeding facilities. The findings reveal that in a given year, substantial breaches of care standards were documented, yet no actions were taken to ensure the safety of the animals....

Continue Reading
Serstech Welcomes Niclas Ekström as Chief Commercial Officer

Updated Category News Views 183

Introducing the New Chief Commercial Officer at Serstech Serstech is excited to announce the addition of Niclas Ekström as the new Chief Commercial Officer. He is set to join the team on an exciting journey that promises to bring transformative changes to the company. Background and Expertise With over 25 years of extensive experience in international sales and...

Continue Reading