ITE Group plc Other Recent Developments
Caspian
- Acquisition of
Baku joint venture shows £710k
- Improving
Azeri relations with key ministries and associations
Prague
- Repairs and
reconstruction following Prague floods sufficiently
advanced in 2 months to prevent loss of business
- Insurance
cover in place
- Principal
responsibility for flood repairs with City of Prague
- Efforts to
minimise negative effect on business
Turkey
- New management
installed in EUF (ITEs 100% owned Turkish operation)
- New launch
initiatives
- Improved
relations with ITF