Official Statement

Corporate
November 02, 2017

With reference to information announced by different media regarding discarded waste from recycled batteries outside the specialized locations, which refers to the activity of a company operating on the territory of the town of Montana, the management of Monbat AD would like herewith to expresses the following official statement:

The management of Monbat AD is not aware of the case and the respective details but due to the close allusion with the activity and the location of the company we would like to state: 

  • Monbat and the companies in the Group, operating on the territory of the Republic of Bulgaria provide the waste from the recycling activity to companies licensed by the Ministry of Environment and Water, specialized in utilization of such waste; 
  • Monbat and the companies in the Group, operating on the territory of the Republic of Bulgaria do not utilize such waste on its own; 
  • Monbat and the companies in the Group, operating on the territory of the Republic of Bulgaria have not transported such cargo with hazardous waste. 

The management of Monbat AD is concerned about the above stated case but its resolution is entirely within the responsibilities of the competent authorities in Bulgaria.

contact for media
Vanya Babanin, PhD
Director Marketing & Communications
tel. +359 888 244 178
e-mail: media@monbat.com

contact for investors
Daniela Peeva
Investor Relations Director
tel. +359 2 988 2413
e-mail: investorrelations@monbat.com

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