For H1 of 2009 I. IFRS II. Non-consolidated III. Representations
December 31, 2008
December 31,2008
Q1-3 of 2008
The first drilling and power-plant sites have been designated. With the municipal partners, the process of founding joint investment ventures have been commenced
In H1, unfavourable changes in the rates of our stock-exchange investments have generated nearly HUF 1.35 billion unrealized financial losses A dominant factor in the Q2 result has been the almost HUF 600 million loss induced by the drop in the rates of Synergon shares
PannErgy share transactions of a member of the Board of Directors
Q1-2 of 2008
Breakfast with the Management of PannErgy
Q1 of 2008
Unfavourable changes in the rates of our stock-exchange investments have generated nearly HUF 700 million unrealized financial losses Company and real-estate property sales have brought about an almost HUF 400 million positive result
Q1-4 of 2007
The research phase of the strategy conceived for the exploration and exploitation of geothermal energy resources has witnessed dynamic progress in support of the schedule for the commencement of the test borings in June 2008. Concurrently with these surveys, cooperation agreements have been concluded with our municipal partners
On 28 September, Pannonplasts Board of Directors made the Companys strategy public, stating that in the future the Company intends to focus its activities on the exploration and utilization of geothermal energy in long-term cooperation with a specialized partner from Iceland, VGK-Hönnun
Profitable, steady operations in spite of the large costs in excess of HUF 150 million in the first half of the year incurred in association with the framing of Pannonplasts new strategy, preliminary and feasibility researches and the quest for partners for Pannunion.
Q1 of 2007
