City Service - Notification on material event

City Service expands residential facility management activities in Latvia

Vilnius, Lithuania, 2014-12-09 17:00 CET (GLOBE NEWSWIRE) -- City Service
group, has acquired Namu serviss Apse, a residential facility management
company in Liepaja, Latvia. Value of contract is EUR 591 thousand. Area of
buildings under management of acquired company is 259 thousand sq. meters. 

Namu serviss Apse revenue for 2013 was more than EUR 1.789 million.

We have made an important move in Latvian with this acquisition, expanding
activities in residential facility management market, commented Jonas
Janukenas, General Director of AB City Service. 


         Vilius Mackonis,
         Director of Marketing and Communication Department
         +370 5 239 4900