UET United Electronic Technology AG completed capital increase against contributions in kind

Registered share capital increased to EUR 9,447,590.00 1,000,000 new shares issued   Today, UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn, announces the completion of a capital increase against contributions in kind. The capital increase is part of the transaction to acquire all outstanding shares of Albis Technologies AG, headquartered in Zurich, which has been announced in March 2015.  The capital increase has already been recorded in the Commercial Register. As a result of the capital increase…

UET United Electronic Technology AG expands manufacturing location and concentrates corporate group production in Germany

Investments of approx. 2 mn EUR in Germany Increase of production volume of approx. 9 mn EUR Improvement of competitiveness Relocation of production from Switzerland to Germany   Today, UET United Electronic Technology AG, Eschborn (ISIN: DE000A0LBKW6), announces the investment in and the expansion of its own production location in Hartmannsdorf, Germany. UET relocates additional areas of the corporate group production to Germany. For further development of the business area SYSTEMS and to extend the total…

UET United Electronic Technology AG reduces liabilities as further restructuring measure

Group profit contribution of approx. 1.3 mn EUR Reduction of approx. 1.3 mn EUR in liabilities   Today, UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn, announces a further restructuring measure. Within the scope of development and also to simplify the group structure, UET United Electronic Technology AG repurchased a loan liability in the context of former Delmod investment. The transaction generates a profit contribution of approx. 1.3 mn EUR and a reduction of existing liabilities to the same extent. The described effects will be included…