DGAP-News: CASSONA establishes branch offices in Bahrain
(firmenpresse) - DGAP-News: CASSONA SE / Key word(s): Miscellaneous
CASSONA establishes branch offices in Bahrain
20.03.2013 / 11:43
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CASSONA establishes branch offices in Bahrain
CASSONA prepares first investments in the crude oil production industry and
related infrastructure projects of Arabia, the most oil-rich area of the
world.
Frankfurt (20 March 2013) - CASSONA (COE) informs that the company
establishes new branch facilities in Arabia. The company therefore moves
into offices in the Trust Tower, Diplomatic Area of Manama, the capital of
the Kingdom of Bahrain. 'We deliberately choose to go to Bahrain', says the
Executive Director Oliver Walangitang. 'Bahrain is business friendly and
provides a Western standard from the social point of view as well as
concerning legal security and reliability. This location is ideally
connected and centrally located for our contacts in Saudi Arabia, Qatar and
the United Arabian Emirates to guarantee permanent availability.' The
largest crude oil resources are located in Saudi Arabia, followed by Canada
and the other Gulf countries. The production and processing of crude oil is
the most important economic sector of the region. CASSONA appoints the
locally domestic manager Abdullah Hubert Eikel as Senior Vice President&Director Gulf Countries.
CASSONA is an investment corporation for target companies of the business
sector of natural resources, mining and related infrastructure projects. By
expanding to the Arabian hemisphere, CASSONA enlarges its focus on deposits
in Canada, Russia and Kazakhstan also to the most oil-rich area of the
world. CASSONA is a European corporation with domicile in Frankfurt Main.
The shares are listed at the stock exchange GXG Markets and are traded at
the Open Market of Frankfurt Stock Exchange FWB and at Berlin Stock
Exchange (ISIN DE000A1C6T63).
Additional information
Hans Joachim Bischoff
Head of Corporate Communication&IR
CASSONA SE
Schubertstr. 14
60325 Frankfurt Main
Germany
ir(at)cassona.de
www.cassona.de
This announcement contains forward-looking statements that are based on
current assumptions and forecasts of the management of CASSONA SE. Known
and unknown risks, uncertainties and other factors could lead to material
differences between the forward-looking statements given here and the
actual development, in particular the results, financial situation and
performance of our company. The company assumes no liability to update
these forward-looking statements or to conform them to future events or
developments.
(c) 2013 CASSONA SE is a European corporation in the legal form societas
europaea (SE) with headquarters in Frankfurt am Main, country of origin
Germany and first quotation at the Danish stock exchange GXG Markets A/S in
the EU regulated market segment GXG Official List.
End of Corporate News
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20.03.2013 Dissemination of a Corporate News, transmitted by DGAP - a
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204534 20.03.2013
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Datum: 20.03.2013 - 11:43 Uhr
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News-ID 241252
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