ots Ad hoc-Service: Plambeck Neue Energien

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    Cuxhaven (ots Ad hoc-Service) -      

    The company Plambeck Neue Energien AG doing business in all fields of power generation from renewable energy sources as well as in service and trade, achieved a sales revenue amounting to DM 48.9 million German marks (previous year: DM 19.1 million German marks) in the first six months of this year. This indicates an increase of 155% compared to the first six months of 1999. The profit on ordinary activities of the first six months of this year amounts to DM 812,000 (previous year: DM 3.423 million German marks). For the year 2000 Plambeck Neue Energien AG expects a doubling of the total turn-over compared to the previous year with a respective development of the net income.

    The business development and the net income of the first six months of this year reflect the planned development in the field of the wind energy business - main activity of the company - the investment in order to start using solar energy and biomass as well as the investment for the establishment of the business field trade. The company realizes its goals successfully and continues to position itself as market leader in the future markets of renewable energy sources.

    The very positive new legal framework of the EEG (regulation favouring renewable energy sources) and the liberalization of the European electricity market offers Plambeck a profitable potential in power generation as well as in trade.

    According to the Board of Directors there are considerable market potentials in trade of energy, services as well as products in the whole field of renewable energy sources. In order to facilitate an unlimited development this business area is to become independent within the Plambeck group. This promising plan is to be realized in co-operation with strategic partners and capital Investors.

    Plambeck Neue Energien AG will focus on Its main business in the field of renewable energy sources also on an international level and will continue its dynamic growth.

    Plambeck Neue Energien AG

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