Wolftank-Adisa Holding AG gives business-update for Italy

Wolftank Adisa Holding AG, which is active in Italy through its subsidiary Wolftank Systems SpA in the field of environmental protection and tank refurbishment, is pleased to make the following statement on the company’s current situation in Italy following the warning issued in March of this year in connection with the drastic measures taken by the Italian government to contain the corona virus pandemic:

In order to maintain the energy supply – even during the period of the quarantine and curfew – and thanks to the fact that the company’s business was classified by the Italian government as systemically relevant, Wolftank Group was able to continue its corporate activities to a very large extent over the last 3 months.
Additionally, sales in the soil remediation sector in Italy also grew during this period. The company is currently cleaning more than 1,000m³ of contaminated soil every day with a rising trend.

Since this week, all employees, including sales and production departments, are now fully operational again and are working 100%.
“We are very pleased to have overcome this difficult and intensive period with relatively small interruptions of our business operations, without having to report any significant corona-related sales decrease in Italy”, says Dr. Peter Werth, CEO of the Wolftank Group. “It is particularly pleasing that not a single one of our employees was infected with corona or became ill,” Werth continued.

 

About Wolftank-Adisa Holding AG:

Wolftank-Adisa Holding AG is the parent corporation of an international group of companies focusing on environmental protection services for contaminated soils and facilities, remediation and monitoring of (large-scale) tank farms, as well as full-service engineering services for LNG- and petrol stations. The company is active worldwide and uses various patented application technologies with the aid of high-tech epoxy resins developed in-house.

Wolftank-Adisa Holding AG (ISIN: AT0000A25NJ6; WKN: A2PBHR) is trading on the Munich Stock Exchange and is also listed on the Vienna Stock Exchange.

Here you can find the corporate news as download:

 

Note: All requirements of the Austrian Stock Exchange Act regarding the requirement of a formal admission of financial instruments for trading and issuer obligations on a regulated market for financial instruments traded on the Third Market do not apply, but in particular the requirements set out in Art. 17 (Publication of Insiders, Contract participation “direct market plus” | December 2018), Art. 18 (Insider Lists) and Art. 19 (Directors dealing) of the Market Abuse Ordinance (VO (EU) No. 596/2014) in connection with the obligations laid down in the respective national legal rules pursuant to the Stock Exchange Act and the prohibitions of Art. 14 (Insider Trading) and Art. 15 (Market Manipulation) of the Market Abuse Ordinance (VO (EU) No. 596/2014) in connection with the respective national legal rules pursuant to the Stock Exchange Act do apply.

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