DGAP-News: Alter Energy Group AG: 'Alter Energy Group Chief Executive Officer interviewed by OECD'
(firmenpresse) - DGAP-News: Alter Energy Group AG / Key word(s): Miscellaneous
Alter Energy Group AG: 'Alter Energy Group Chief Executive Officer
interviewed by OECD'
30.03.2011 / 17:00
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'Alter Energy Group Chief Executive Officer interviewed by OECD'
Zurich Switzerland - March 30, 2011
ALTER ENERGY GROUP AG ('AEG') (Frankfurt Stock Exchange Ticker Symbol: 39f;
WKN: A0MW07; ISIN: CH0032424969) announces that on February 15, 2011 its
Chief Executive Officer, Edward J. Klaeger IV was interviewed by
representatives of the Eurasia Competitiveness Programme of the
Organisation for Economic Co-Operation and Development (OECD).
The interview was organized via a request from OECD to Miss Darya Revina
ICC Ukraine Vice-Chairman on energy efficiency and head of AEG Government
Relations. The OECD Eurasia Competitiveness Programme is engaged in a
long-term project to support the Ukrainian government in improving the
country's business climate, competitiveness and attractiveness for Foreign
Direct Investment (FDI). The purpose of the interview was for the OECD to
learn more about AEG's activities and the knowledge it has gained after six
years in the Ukraine renewable energy market -- specifically through its
activities in the biomass and biomass power production markets. AEG's
experience will inform OECD recommendations to the government on which
policies would be the most effective in attracting more FDI to these
sectors.
Mr. Klaeger IV, CEO of AEG states, 'We are extremely pleased that AEG was
selected for an interview by the OECD, one of the leading development
organizations in the world, as part of its Ukraine renewable energy market
strategic review. Now that it is complete we will send the OECD updated AEG
information as requested and plan to continue relations with them in the
future.'
Antonio Somma, Economist at the OECD, stated: 'The production of energy
based on biomass has emerged as one of the most promising sectors of the
Ukrainian economy. It can potentially leverage the abundant agricultural
waste of the country, reduce its fossil fuels bill, and attract foreign
direct investments to the country.'
About AEG: AEG is a Zurich-based publicly traded Swiss company with
emerging market operations in Ukraine. AEG develops, acquires, and invests
in alternative and renewable energy projects and companies. The current
target market is Ukraine with expansion into established markets such as
the U.S., Canada and Germany with penetration into other emerging markets
currently in development.
About the OECD Eurasia Competitiveness Programme: The Eurasia
Competitiveness Programme of the OECD was launched in 2008 to help
countries of the region improve their business climates and achieve
sustainable economic growth and employment through economic reform and
foreign investment, with the support of OECD investment instruments and
mechanisms. Launched in April 2009 as part of the Eurasia Competitiveness
Programme, the Eastern Europe and South Caucasus (EESC) Initiative aims to
help create a sound business climate for investment, enhance productivity,
support entrepreneurship, develop the private sector, and build
knowledge-based economies to render the region more competitive and
attractive to foreign investment. The EESC Initiative covers Armenia,
Azerbaijan, Belarus, Georgia, the Republic of Moldovaand Ukraine.
Contact
Investor Relations: info(at)alterenergygroup.com
Websites: www.alterenergygroup.com
www.oecd.org/daf/psd/eurasia
Forward-Looking Statements
Statements in this press release may constitute forward-looking statements
and are subject to numerous risks and uncertainties, including the
Company's current and future capital needs, any actions by the Company's
partners that may be adverse to the Company, the success of competitive
products, other economic factors affecting the Company and its markets, and
other risks. The actual results may differ materially from those contained
in this press release. The Company disclaims any obligation to update any
statements in this press release.
End of Corporate News
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117666 30.03.2011
Datum: 30.03.2011 - 17:00 Uhr
Sprache: Deutsch
News-ID 33649
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