Corporate News     08-Jul-24
Board of Va Tech Wabag approves divestment of Wabag Romania
At meeting held on 08 July 2024
The Board of Va Tech Wabag at its meeting held on 08 July 2024 has approved the sale of 100% stake in Wabag Water Services S.R.L., Romania (Wabag Romania). The divestment is a part of the company's business strategy to optimise the group's structure and in line with the company's strategic focus to reduce exposure to European geographies.

Wabag Romania is a wholly-owned subsidiary of VA Tech Wabag GmbH, Austria (Wabag Austria), step down subsidiary of the company.

Previous News
  Va Tech Wabag reports consolidated net profit of Rs 72.40 crore in the March 2024 quarter
 ( Results - Announcements 21-May-24   17:47 )
  Va Tech Wabag reports consolidated net loss of Rs 111.10 crore in the March 2023 quarter
 ( Results - Announcements 19-May-23   16:47 )
  Va Tech Wabag to conduct EGM
 ( Corporate News - 03-Jan-24   14:09 )
  VA Tech Wabag signs MoU with AI Jomaih Energy and Water
 ( Corporate News - 18-Sep-23   09:24 )
  Va Tech Wabag consolidated net profit rises 77.99% in the September 2022 quarter
 ( Results - Announcements 11-Nov-22   17:27 )
  Va Tech Wabag consolidated net profit rises 5.70% in the December 2021 quarter
 ( Results - Announcements 12-Feb-22   08:29 )
  Va Tech Wabag allots NCDs aggregating Rs 100 cr
 ( Corporate News - 19-Aug-23   11:58 )
  Va Tech Wabag secures order worth USD 11.45 mn
 ( Corporate News - 06-Sep-21   09:05 )
  Va Tech Wabag wins order of USD 33.5 mn in Saudi Arabia
 ( Corporate News - 05-Feb-24   09:06 )
  Va Tech Wabag consolidated net profit rises 28.99% in the September 2023 quarter
 ( Results - Announcements 07-Nov-23   07:42 )
  Va Tech Wabag ranks #4 globally among 'Top 50 Private Water Operators'
 ( Corporate News - 22-Apr-21   17:34 )
Other Stories
  Gujarat Natural Resources to convene board meeting
  05-Oct-24   17:43
  Narmada Macplast Drip Irrigation Sys. to convene board meeting
  05-Oct-24   17:43
  Grill Splendour Services to conduct board meeting
  05-Oct-24   17:43
  Consolidated Construction Consortium to hold board meeting
  05-Oct-24   17:43
  Visagar Polytex to announce Quarterly Result
  05-Oct-24   17:42
  GNA Axles to convene board meeting
  05-Oct-24   17:42
  Fidel Softech to conduct board meeting
  05-Oct-24   17:42
  Rita Finance & Leasing announces board meeting date
  05-Oct-24   17:42
  Pelatro to conduct EGM
  05-Oct-24   17:36
  Thinkink Picturez to hold AGM
  05-Oct-24   17:35
Back Top