(Alliance News) - Greenthesis Spa announced Thursday that it has finalized its entry, with 40 percent, into a newco called GKSD Green Solutions Srl with partner GKSD Srl, a company belonging to the San Donato Group.

The purpose of the transaction is to combine their respective capabilities and know-how to develop, especially in emerging countries, activities that will cover: the design, construction, operation and maintenance of waste treatment plants, solid and liquid, hazardous and non-hazardous; the remediation of polluted soils and aquifers; and the production, processing, sale, distribution, transportation, use and recovery of energy.

It is planned," Greenthesis writes, "that GKSD Green Solutions will also operate abroad, mainly in Eastern Europe, North African and Asian countries.

Greenthesis' stock closed Wednesday in the red by 0.2 percent at EUR0.97 per share.

By Chiara Bruschi, Alliance News reporter

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