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General European Strategic Investments (GESI) has announced the passing of CEO and Board Chairman Wolfgang Rauball, who died peacefully in his sleep on January 4, 2025. The Board of Directors has initiated the process to identify a successor and has committed to ensuring a smooth transition while maintaining focus on current initiatives and projects.
The company emphasized its dedication to continuing its mission and delivering maximum value to shareholders, promising to keep investors informed once a new CEO is appointed.
General European Strategic Investments (GESI) has initiated legal action through EuroGas GmbH against Rozmin s.r.o. and EUROTALC s.r.o. in the Municipal Court Bratislava III on November 11th, 2024. The lawsuit seeks to establish EuroGas's ownership rights in Rozmin, which was allegedly illegally taken by Austria's Schmid Industrieholding - Baumit Group in 2014. This legal action follows Rozmin's successful exit from bankruptcy in late 2023 and is part of broader efforts to address the alleged illegal expropriation of mining rights over the Gemerska Poloma talc-soapstone deposit in Slovakia. The company is also considering pursuing legal actions under the US RICO Act against various parties.
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