VNG establishes VNG Polska Sp. z o.o. (VNG Polska)
"VNG began its engagement in the Polish gas market back in 1992," Prof. Dr. Gerhardt Wolff, Chairman of the Supervisory Board of VNG Polska and Deputy Chairman of the Executive Board of VNG, commented. VNG opened a Representative Office in Warsaw ten years ago with a view to maintaining and intensifying its contacts with Polish partners. "We are pleased to be setting up this holding company today which will allow us to deal even more efficiently with the commercial requirements of our Polish shareholdings and participations at local level," Wolff added.
About VNG - Verbundnetz Gas Aktiengesellschaft
VNG - Verbundnetz Gas AG is an international group of companies and a reliable supplier of natural gas from Norwegian, Russian and other sources to major users and municipal distributors in Europe. VNG has been active in the gas industry for over 50 years. Today, VNG is Germany's third largest gas importer and ranks among Europe's top ten. In 2008, VNG with its workforce of roughly 600 employees delivered 171.4 billion kWh of gas and generated sales of 5.5 billion euros. For further information, please go to www.vng.de.