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EOP Biodiesel AG Am Hünengrab 09 16928 Pritzwalk, Germany http://www.eopbiodieselag.de
Contact Mr Jörg Jacob +49 33985 050
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EOP Biodiesel AG

EOP Biodiesel AG closes ABID sale

All risks from the Austrian involvement have been cleaned up / Annual accounts for the financial year 2008/09 will be published on 14 January 2010 - AGM is scheduled for 23 February 2010

(PresseBox) (Pritzwalk, )
EOP Biodiesel AG has successfully closed the sale of its 61.5% stake in Austrian ABID Biotreibstoffe AG. The buyer is a financial investor, who specializes in restructuring of ailing industrial companies.Transaction price is €1, for which EOP will be exempted from its risks from its bank guarantees over €2.54m. EOP Biodiesel AG has already completely written off its investment in the financial year 2008/2009 as of 30 June 2009, which means that the current financial year is not negatively affected.

"With the sale of the ABID investment we got rid off a huge risk and we have achieved a further
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.