Etteplan strengthens its position in China by increasing its ownership up to 100 per cent of Etteplan Vataple Technology Centre
Released:8/2/2017 Category:Changes in company's own shares ETTEPLAN OYJ, Stock Exchange Release, August 2, 2017, at 9.00 a.m. Etteplan strengthens its position in China and acquires Etteplan Vataple Technology Centre, Ltd joint venture to its full ownership from Vataple Group. Etteplan and Vataple started the joint venture in 2008 in Kunshan China. The joint venture offers design engineering and technical documentation services. In 2010 Etteplan increased its ownership from 40 per cent to 70 per cent. The now acquired 30 per cent will be paid with 35,000 Etteplan’s own shares and