23. August 2012 | MVV

City of Solingen to buy back shares in Stadtwerke Solingen

Joint Press Release of the City of Solingen and MVV Energie AG

The City of Solingen is to buy back the shares acquired by MVV Energie AG in Stadtwerke Solingen GmbH in 2001 as of 30 September 2012. Basic agreement was reached between the city and the company this Thursday following intensive discussions led by Solingen¿s Lord High Mayor, Norbert Feith, and the CEO of MVV Energie AG, Dr. Georg Müller. Neither party has released any information concerning the details, which still have to be discussed in the relevant bodies.

MVV Energie AG acquired a 49.9 percent stake in Stadtwerke Solingen GmbH in 2001 and has since been a shareholder in the municipal utility company.

Stadt Solingen
Lutz Peters
Press Officer
Tel. 0212/290-2132
Mail:

l.peters@remove-this.solingen.de



MVV Energie AG
Roland Kress
Head of Corporate Communications
Tel. 0621/290-3413
Mail:

r.kress@remove-this.mvv.de


Contact

Roland Kress
Head of communications and brand