EQS-News: Wolftank Group awarded EUR 6 million environmental remediation contract

EQS-News: Wolftank-Adisa Holding AG / Key word(s): Incoming
   Orders/Sustainability
   Wolftank Group awarded EUR 6 million environmental remediation contract

   28.05.2024 / 09:00 CET/CEST
   The issuer is solely responsible for the content of this announcement.

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   Wolftank Group awarded EUR 6 million environmental remediation contract

   Wolftank Group (Wolftank-Adisa Holding AG, ISIN: AT0000A25NJ6), a global
   leader in environmental engineering and remediation, has been awarded a
   significant renewal contract with Italiana Petroli SpA. Valued at
   approximately EUR 6 million, this contract underscores Wolftank Group's
   commitment to sustainable environmental management and positions the
   company at the forefront of environmental remediation services.

   Under the terms of the agreement, Wolftank Group will provide a full range
   of professional environmental engineering services and field activities at
   Italiana Petroli’s fuel network sites. The contract includes consulting,
   design, monitoring, control and verification of the environmental status
   of these sites. It also covers direct and indirect environmental
   investigations, safety assessments and potential remediation activities.
   Planned activities comprise civil, electromechanical and hydraulic works
   for the installation of facilities, demolition and waste management during
   contract execution.  This holistic approach will ensure that the
   environmental impact of the infrastructure is mitigated and the affected
   soil is restored to its original healthy state.

   The work will be carried out by Petroltecnica, the Italian subsidiary in
   which Wolftank Group acquired a majority stake in autumn 2023. The company
   specializes in environmental remediation, operates several recycling
   facilities and has a strong market position in the oil and gas, chemical,
   and manufacturing sectors in Italy. This contract further strengthens
   Wolftank Group's robust environmental services portfolio. With decades of
   experience, Wolftank Group has demonstrated unparalleled expertise in
   environmental consulting, remediation and emergency response. The Group
   has successfully completed over 6,500 soil and groundwater remediation
   projects, decommissioned over 1,000 obsolete gas stations, and remediated
   over 2,000,000 square meters of contaminated land.

   "We are very pleased to be working with Italiana Petroli again on this
   important initiative," said Peter Werth, CEO of Wolftank Group. "This
   contract not only highlights our ability to deliver comprehensive
   environmental solutions, but also reinforces our commitment to helping our
   clients achieve sustainable development. Our approach is based on the
   principles of the circular economy, ensuring that our waste management and
   recycling processes contribute to a healthier environment."

   Wolftank Group's environmental services are characterized by tailored,
   cost-effective and reliable solutions that comply with regional, national
   and international legislation. The Group’s extensive experience includes
   more than 3,000 environmental consultations and due diligence
   investigations, three recycling facilities with a capacity of more than
   500,000 tons per year, and more than 1,300 environmental emergency
   responses so far.

    

   About Wolftank Group
   Wolftank Group is a leading technology partner for energy and
   environmental solutions operating worldwide. In the field of energy
   mobility and logistics, the Group supports customers in more than 20
   countries to implement projects in an efficient and environmentally
   friendly way. For this, it develops and implements tomorrow's technologies
   to decarbonize transport and build the infrastructure for zero-emission
   mobility - such as turnkey delivery of modular hydrogen and LNG refueling
   facilities. In the area of environmental solutions, the offering includes
   due diligences for environmental risks, customized services for soil and
   groundwater remediation, as well as recycling. The group's subsidiaries in
   eight countries on three continents are managed by Wolftank-Adisa Holding
   AG, based in Innsbruck, Austria. The share of Wolftank-Adisa Holding AG
   (WKN: A2PBHR; ISIN: AT0000A25NJ6) is listed in the direct market plus
   segment of the Vienna Stock Exchange AG and in the m:access of the Munich
   Stock Exchange and is traded on Xetra, the Frankfurt and Berlin Stock
   Exchanges. Further information: [1]www.wolftankgroup.com

   Contact:
   Wolftank-Adisa Holding AG
   phone: +43 512 345726
   email: [2]investor-relations@wolftankgroup.com

   Disclaimer:
   This communication contains forward-looking statements based on current
   knowledge, expectations, and projections of Wolftank-Adisa Holding AG's
   management about the future. All statements are subject to potentially
   uncertain assumptions and risks that could cause actual results to differ
   materially from those expressed or implied by such statements. Such
   statements can be identified using words such as "expect", "plan",
   "anticipate", "target", "estimate", "assume" or similar. Consequently,
   statements relating to the future are only valid at the time they are
   made. The Company does not assume any obligation to adjust, correct or
   monitor statements made in this communication in the future.

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   28.05.2024 CET/CEST This Corporate News was distributed by EQS Group AG.
   www.eqs.com

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   Language:    English
   Company:     Wolftank-Adisa Holding AG
                Grabenweg 58
                6020 Innsbruck
                Austria
   Phone:       +43 512 345726
   E-mail:      investor-relations@wolftankgroup.com
   Internet:    www.wolftankgroup.com
   ISIN:        AT0000A25NJ6
   WKN:         A2PBHR
   Listed:      Vienna Stock Exchange (Vienna MTF)
   EQS News ID: 1912141

   Weitere Handelsplätze: München Freiverkehr m:access Frankfurt Freiverkehr,
   XETRA

    
   End of News EQS News Service


   1912141  28.05.2024 CET/CEST

References

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   2. mailto:investor-relations@wolftankgroup.com

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