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OEG SETS UP IN NETHERLANDS AND JERSEY
13th March, 2013 at 15:38:40
Acquired and established with a view to expansion
Olympic Entertainment Group AS (OEG) subsidiary Olympic Casino Eesti AS has acquired a 100% share holding of Siquia Holding B.V., a holding company registered in the Netherlands with a share capital of Euro 21 101.
OEG additionally established and registered Gametech Services Limited and Gametech Licensing Limited in Jersey without making a share capital contribution, whereas the authorised capital of both companies is £ 200 000.
Madis JÃ€Ã€ger, chief executive officer of Olympic Entertainment Group said the subsidiaries will be utilised to create a legal platform for the expansion of OEG group's activities in markets related to the group's main business and in the business of remote gambling.
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