AS PENNU COMPUTER TECHNOLOGY GROUP

ANNOUNCEMENT

30.05.99

 

SUBSIDIARY OF PENNU COMPUTER TECHNOLOGY GROUP, PCT ARVUTID, SOLD A 

SHAREHOLDING IN ITS TARTU BRANCH 

 

AS PCT Arvutid, which is 100% owned by Pennu Computer Technology Group 

(PCTG), sold its 50% shareholding in A & Ü Majandustarkvara OÜ to the 

co-owners of the company. A & Ü Majandustarkvara OÜ computer store in 

Tartu is a part of the PC Expert chain. Sale of Tartu store is the 

first step on implementation of new sales strategies of PCTG, which 

anticipate the disposal of majority of computer stores and transition 

to the system of franchising. The goal of PCTG is to create a retail 

sales and service structure covering the whole Baltic area. Disposal of 

shareholding in the computer store does not bring along the closing of 

PC Expert store in Tartu. The store will continue its operations under 

the same name, selling computers made by PCT.

 

 

Additional information:

Arho Anttila 

AS PCTG manager

tel. +372 65 05 402