The Latvian subsidiaries of OEG have merged
Posted on 03.12.2014
The merger of OEG’s Latvian subsidiaries, Olympic Casino Latvia SIA and the casino operating company Altea SIA which was acquired in the summer of 2013, has been completed. During the course of the merger Altea SIA merged with Olympic Casino Latvia SIA. The group will carry on operating the casinos in Latvia only through Olympic Casino Latvia SIA. The aim of the merger was the adjustment of the group’s structure.
The merger of the subsidiaries has no direct influence on the economic activities of OEG Group. The members of the management and supervisory boards of OEG have no personal interest in the transaction.