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Petro Welt Technologies AG: Clarification regarding Supervisory Board approval date

05.06.2020  |  DGAP

Vienna, June 5, 2020
On June 3, 2020 the audited stand-alone and consolidated financial statements of Petro Welt Technologies AG (PeWeTe) were approved by resolution of the company's Supervisory Board. Following a recommendation of the Management Board the Supervisory Board also decided not to recommend a distribution of profits but to carry profits forward into 2020. The financial statements can be found on PeWeTe's corporate website www.pewete.com.

About Petro Welt Technologies AG
Petro Welt Technologies AG, which is domiciled in Vienna is one of the leading and first established OFS companies in Russia and the CIS and is specialized in services which increase the productivity of new as well as existing oil & gas formations.

Contact
Konstantin Huber (be.public)
Investor Relations
T: +43 1 503 2 503-29
huber@bepublic.at