Notification to the clients of ZAO Turbotect St. Petersburg (Russia) and Turbotect Ltd., Baden (Switzerland)
21 May 2013
Persons lacking the respective authority control the company ZAO Turbotect St. Petersburg. Progress Holding Ltd. (Baden, Switzerland), the mother company of Turbotect Ltd. (Baden, Switzerland), continues to regard ZAO Turbotect St. Petersburg as its subsidiary, however, to date is not in a position to effectively influence the business of ZAO Turbotect St. Petersburg. Progress Holding Ltd. will use all legal means to defend itself against this unlawful action and to regain control over ZAO Turbotect St. Petersburg.
In order to ensure the supply of its clients with original Turbotect products, and in order to be able to guarantee the quality and safety of its products, ZAO Turbotect St. Petersburg and Turbotect Ltd. ask their clients to order any such products exclusively with Turbotect Ltd. for the time being.
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