Press Releases from OTI Greentech AG (14 total)
OTI Greentech AG to expand activities in African LNG market
• OTI Greentech subsidiary VTT Maritime West Africa develops technical concept for virtual pipeline to supply liquefied natural gas (LNG)
• Concept focuses on supplying private and public sector in Nigeria with natural gas
• Project is related to Nigerian government’s electricity initiative aimed at increasing portion of gas in electricity production
Berlin, 5 September 2017 – OTI Greentech AG (WKN A0HNE8), an international environmental engineering and technology services group listed on the…
OTI Greentech: Succesful Annual General Meeting of Shareholders - all agenda ite …
Berlin, 27.06.2017 - At the recent annual general meeting of shareholders for the financial year 2016 of OTI Greentech AG (WKN A0HNE8), an internationally active technology and engineering group listed on the Düsseldorf stock exchange, all agenda items were passed with a majority of at least 92.68%. 52.6% of the total issued share capital was represented at the annual general meeting.
In addition to the release from liability of the executive…
OTI Greentech AG confirms 2015 financial figures and positive guidance for 2016
- OTI Greentech confirms preliminary 2015 figures: Group sales of EUR 6.3 million in the consolidation period (annualized: EUR 8.7 million), negative EBITDA of EUR -2.2 million
- Preliminary figures for Q1 2016: sales of EUR 2.2 million and EBITDA of EUR -0.3 million
- 2016 guidance: doubling of sales versus 2015 to at least EUR 16 million and significant improvement of operating result (EBITDA)
Berlin, 12.05.2016 - OTI Greentech AG, an internationally…
OTI Greentech AG group company launches subsidiary to service West African marke …
Berlin, 3 March 2016. OTI Greentech AG, an internationally active environmental technology company is targeting the West African market. For this purpose, group company VTT Maritime AS has set up a local subsidiary in Nigeria, together with two local partners.
The new subsidiary, VTT Maritime West Africa Ltd, will offer engineering services to the maritime industry, as well as the offshore oil & gas industry in…
OTI Greentech AG group company VTT Maritime AS signs a new EUR 1.1 million contr …
• Contract for a complex marine operation with a classified customer
• The operation will take place during April 2016
Berlin, 25.02.2016 - OTI Greentech AG (WKN A0HNE8), listed on the Düsseldorf stock exchange and an internationally active environmental technology company, is delighted to inform that its subsidiary VTT Maritime AS has signed a contract for a complex marine operation with a classified customer. The contract value is EUR 1.1 million.
Well recognized for its…
OTI Greentech AG: Experienced industrial managers elected as members of the supe …
Berlin/Frankfurt, 22.06.2015 – The general assembly of OTI Greentech AG for the short fiscal year 2014 has appointed new high-calibre members to the supervisory board. Paul R. Morris and Andrew Schwager were unanimously elected as members of the supervisory body. They succeed Alexander Lattmann and Volker Vreys. Paul R. Morris has been in leading management positions with Dow Chemical for almost three decades, among others as Director New Business Development…
OTI Greentech AG successfully issues first tranche of convertible bond
• 1.9m EUR of total of 4.0m EUR already placed
• Convertible bond will be admitted to trading on the Stuttgart Stock Exchange
• Foundation for further growth laid
Berlin, 06.05.2015 –OTI Greentech AG, a fast growing international Cleantech-solutions provider, whose shares are traded on the Düsseldorf Stock Exchange, has completed the issue of the first tranche of a convertible bond in the amount of 1.9m EUR with investors and the admission of the bond for…
OTI Greentech AG expands its management board and lays foundation for further gr …
• Expansion of management board to four persons
• Entrepreneur Stephan Rind to strengthen supervisory board
Berlin, 04.05.2015 –OTI Greentech AG, a fast growing international Cleantech-solutions provider, whose shares are traded on the Düsseldorf Stock Exchange, has expanded its management board by three persons to a total of four. In doing so, the company is laying the foundation for further profitable growth after the successful completion of the merger.
The Norwegian Johnny Christiansen, with decades…
OTI Greentech AG: Reverse Merger completed successfully
• Registration in corporate register confirmed
• Cleantech company with estimated EUR 25 million in sales now listed on Düsseldorf Stock Exchange
• Continued growth through combination of patented cleantech products and Services expected
Berlin, 7th of April 2015 – The Reverse Merger of OTI Greentech Group AG, Zug, Switzerland into OTI Greentech AG, Bremen (the “Company”) has been completed. In total 21.604.162 shares of OTI Greentech Group AG, Zug, were tendered by way…
OTI Greentech signs agreement to acquire 51% of Visionaire Energy AS in Norway
- Visionaire Energy is one of the leading service providers for the Scandinavian Oil & Gas and Maritime industry
- OTI Greentech expands into a key market in Europe
- Additional profitable revenues of EUR 20 m per year
- Purchase option for remaining 49% secured
- The completion of the acquisition is expected before end of 2014
Zug, 27 October 2014. OTI Greentech Group AG, a leading provider of sustainable cleantech solutions…
OTI Greentech successfully completes expansion funding with Green Gateway Fund a …
- OTI Greentech raises c. CHF 4 million (EUR 3.4 million) for long-term expansion
- Green Gateway Fund has committed total funding of CHF 7.2 million (EUR 6 million), second tranche planned to invest later this year
- Funds will be used to expand business mainly in North America, the Middle East and Russia
- Green Gateway to appoint a Non-Executive Director to the OTI Greentech Board of Directors
Zug, Frankfurt am…
OTI Greentech signs Distribution Agreement with Oman Oil Industry Supplies & Ser …
- OTI Greentech increases market presence in the Middle East with a focus on Cleaning and Environmental Services;
- OOISS is one of the leading oilfield supply companies in Oman and is majority owned by the one of the leading Omani business groups, the Zubair Corporation;
- Oman's growing economy increasingly shows a demand for sustainable solutions.
Zug, 12th February 2013, OTI Greentech AG, a leading provider of environmentally friendly solutions for cleaning, recovery and disposal…
OTI Greentech AG increases market presence in the maritime sector with further a …
- Distribution agreements with Uniservice and OSEC signed
- New distribution partners in the maritime sector cover important core markets in Europe, Asia and North America
- Orders received in 2Q 2012 exceed EUR 2 million
Zug, 24 May 2012, OTI Greentech AG has entered into additional important agreements for their EcoSOLUT products in the maritime sector for a total turnover of EUR 1.6 million. Only three months after the approval…
OTI Greentech AG signs distribution agreement with Brenntag GmbH
OTI Greentech AG has entered into a distribution agreement with Brenntag GmbH, the German subsidiary of chemical distribution global market leader Brenntag AG. Brenntag GmbH is to sell OTI Greentech’s innovative products for cleaning oil impurities in Germany. The move enables OTI Greentech to enter a further key market.
Zug (Switzerland), 27. February 2012 – The core points of the distribution agreement between OTI Greentech AG and Brenntag GmbH relate…
