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Europe's Energy Portal Rejects million Dollar Bid from Russia - Does the quest for energy move to the virtual world? - Energy.eu
Europe's Energy Portal Rejects million Dollar Bid from Russia

 

PRZOOM - /newswire/ - Hoeven, Netherlands, 2006/12/11 - Does the quest for energy move to the virtual world? - Energy.eu.

   
 
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It is not uncommon for high profile websites to receive takeover bids, but this one is rather unusual. The portal is energy.eu, the bid is from an undisclosed Russian Energy giant.

'Energy.eu frequently reports on talks between the EU and Russia concerning the subject of Energy, and we publish excerpts from various Russian news agencies. This might have drawn the attention of some of the big Russian Energy players.' says G. Ravays of energy.eu.

The European Commission calls energy the number one EU-challenge for the 21st century. Not only is energy vital to the well-being of all EU-citizens, it also plays an important role in the relationship between the EU and its trading partners, in particular Russia.

Although the name may suggest different, energy.eu is operated by a privately held company and has, as such, no relations with the European Commission. The portal expresses a non-political, non-biased opinion on energy subjects and functions completely independent.

'Imagine a website like energy.eu carrying nothing but an advert for a Russian Energy giant! That would be rather odd, to say the least. We declined the offer, because energy.eu should not be in the hands of a non-European entity. We will continue to focus on the development of the portal and further improve our service to energy consumers, producers and distributors in Europe.' says G. Ravays of energy.eu.

About energy.eu

Internet portal energy.eu rapidly developed as the news source for anything related to Energy in Europe. Energy.eu educates consumers on how to save on energy consumption, publishes articles on the latest developments in the energy business and provides the industry with relevant statistics.

 
 
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Europe's Energy Portal Rejects million Dollar Bid from Russia

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Contact: M. Zwanenburg - Energy.eu 
+31 165508177 mzwanenburg[.]energy.eu
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Europe's Energy Portal securities in any jurisdiction including any other companies listed or named in this release.

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