City Service
On the Company’s business continuity in Russia
DGAP-News: City Service AB / 10.04.2014 / 17:00 --------------------------------------------------------------------- Vilnius, Lithuania, 2014-04-10 17:00 CEST (GLOBE NEWSWIRE) -- The Company's management recently began to consider the Company's business continuity and perspective in St. Petersburg and Stavropol. The Company's subsidiaries in Russia are facing pressure of local municipal authority due to tense international situation and Lithuania's position. Meanwhile, the Company's image and business activities in Lithuania suffer in result of baseless interpretations and public comments related to the fact that Company runs business in Russia. Company's experience in Poland and Spain markets grants real opportunities for further development in Central and Western European markets, therefore the possibility for forced withdrawal from business activities in St. Petersburg and Stavropol and intense development in European markets can not be excluded. Vilius Mackonis, Director of Marketing and Communication Department +370 5 239 4900 News Source: NASDAQ OMX End of Corporate News --------------------------------------------------------------------- 10.04.2014 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: City Service AB Lithuania ISIN: LT0000127375 End of News DGAP News-Service --------------------------------------------------------------------- 262733 10.04.2014
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