EquityStory AG / Strategic Company Decision/Contract
30.03.2009
Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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EquityStory AG successfully enters the Russian market
Gazprom Neft orders development of extensive investor relations website
Munich - 30.03.2009
EquityStory AG (ISIN: DE0005494165) has laid the foundation for a future
presence in Russia by establishing EquityStory RS. The 100 per cent
affiliate based in Moscow has already commenced its operational activities,
and is in the process of developing an investor relations website for
Gazprom Neft. With this latest development the EquityStory group continues
its course of geographic expansion.
Achim Weick, EquityStory AG's CEO states: 'We have been preparing the
market entry in Russian for over nine months. I am very happy that our
efforts to win a company listed on Russian's leading index RTS as our first
customer, have paid off. Gazprom Neft's new investor relations website will
be the door-opener for future customer acquisitions in Russia.'
The Russian market with its approximate 3,000 stock-listed companies
represents huge potential for EquityStory AG. To match international
standards Russian companies' capital requirements demand intensive investor
relations efforts. EquityStory's online communication services meet such
requirements most conveniently and will therefore enable Russian customers
to interact with global investors on the same level as today's major global
companies. EquityStory's approval by the UK's Financial Services Authority
(FSA) as a Primary Information Provider (PIP) in June 2008 is considered as
an important prerequisite for the expansion into Russia, as it ensures
access to Europe's biggest capital market.
Marcus Sultzer has been appointed EquityStory RS' General Director.
Together with his Russian colleague Maksim Bourinov, they will both
continue the development of this foreign affiliate, having worked together
at EquityStory's head quarters in Munich.
The business plan envisages a rapid break-even, as investments for the
new location are limited. However, it will only be possible to give a
detailed statement with regards to revenues and profits for 2009 in the
second half of the year at the earliest.
Further notifications:
You can download EquityStory AG's company announcements on your mobile
device. We inform you via SMS and offer you downloading news on your mobile
phone. To get such information please register within the investor
relations area on www.equitystory.de
About the EquityStory group of companies:
EquityStory AG is the market leader for online investor relations in the
German-speaking region, and renders extensive business services in the
areas comprising reporting requirements, finance portals, audio and video
broadcasts of investor events, online financial reports as well as
outsourced websites for over 1,250 listed enterprises at home and abroad.
By acquiring capital stakes in financial.de AG (100%) and ARIVA.DE AG (25%)
EquityStory AG has entered the growth markets of online advertising and b2c
investor relations. The reporting operations are bundled in the subsidiary
Deutsche Gesellschaft für Ad-hoc-Publizität mbH (DGAP), which is an
institution for the fulfilment of regulatory publicity for listed
companies, and has been market leader since its founding in 1996. In its
most recent development DGAP has entered the new online corporate
communications business market for non-listed companies.
Contact:
EquityStory AG
Robert Wirth
Tel +49(0)89 210298-34
Fax +49(0)89 210298-49
Email robert.wirth@equitystory.de
Seitzstraße 23
80538 München
www.equitystory.de
DGAP 30.03.2009
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Language: English
Issuer: EquityStory AG
Seitzstraße 23
80538 München
Deutschland
Phone: +49(0)89 210298-0
Fax: +49(0)89 210298-49
E-mail: info@equitystory.com
Internet: www.equitystory.de
ISIN: DE0005494165
WKN: 549416
Listed: Freiverkehr in Berlin, Düsseldorf, Stuttgart; Entry Standard
in Frankfurt
End of News DGAP News-Service
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DGAP-News: EquityStory AG successfully enters the Russian market
| Source: EQS Group AG