Energtek Expands Operations in Bosnia and Herzegovina

NEW YORK, May 14, 2015  /PRNewswire/ -- Energtek Inc. (OTC BB: EGTK), a frontrunner in hi-tech natural gas solutions and Adsorbed Natural Gas (ANG) technology, announced today that its subsidiary in Europe has begun a pilot project to provide CNG to a large consumer in one of Bosnia's major cities.  This expansion comes as Energtek Herz begins the fourth year of operations selling natural gas to Aluminij d.d. Mostar, a large industrial energy consumer in the south of Bosnia and Herzegovina.

"In 2014, we reached our goal of increasing revenues in our Bosnian operations, and now we look forward to expanding our reach into new cities and diversified consumers.  We are constantly looking at ways to increase our profitability, whilst growing steadily and with stability," said CEO of Energtek Herz Mr. Ivan Primorac.

"We are pleased that in addition to our focus on the United States, our Bosnian operations continue to grow and work without interruption," added Yoav Krill, CEO Energtek Inc.  "We anticipate that the ten-year contract will be extended and express our appreciation to our European partners and managers."

About Energtek 

Energtek develops and applies innovative mobile transportation solutions for small, mid-size and large industrial, residential and agricultural consumers and fleets of small vehicles (NGV).  Energtek operates subsidiaries in North America, Europe and Asia. 

To learn more about Energtek, visit the newly revamped website: www.energtek.com

Forward-Looking Statements

This release contains forward-looking statements within the meaning of the Securities Exchange Act of 1934, as amended.  All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of Energtek and its technologies.  Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions.  In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and other matters set in Energtek's filings.  These risks and uncertainties could cause actual results to differ materially from those indicated in the forward-looking statements.

Contacts:

Investor Relations
[email protected]  
(212) 999.6202

SOURCE Energtek Inc.

Related Links

http://www.energtek.com