Greenwave Bio SRL has Recently Started Discussions to Become Exclusive Diesel Supplier for Military

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Greenwave Bio SRL has entered into discussions to become an exclusive supplier of diesel fuel for several Army and Navy units located within up to 50 KM from the plant location.

Diesel price in Romania is the 2nd highest in mainland Europe

Greenwave Bio Romania SRL has entered into discussions with the exclusive recycling company for the Romanian Armed Forces and is in the process of securing the exclusive rights to collect mineral oil (on top of the existing exclusive contract for WVO collection). In addition, Greenwave Bio is applying to become an exclusive supplier of diesel fuel for several Army and Navy units located within up to 50 KM from the plant location. In order to secure the fuel distribution contracts Greenwave Bio Romania needs to meet some eligibility criteria of which one of the options could be the acquisition of local fueling stations.

Diesel price in Romania is the 2nd highest in mainland Europe and 7th most expensive in the World at $1.89 or 1.40 euro a liter.

About Greenwave Bio Limited

Greenwave Bio Limited (ISIN GB00B688NW04) is a company incorporated in England focusing on the development of biodiesel and biofuel power plants, the acquisition of power plants and technologies, and marketing or commercialization of new technologies globally. http://www.greenwavebio.com

About Greenwave Bio SRL Romania

Greenwave Bio Romania is a privately held subsidiary company which intends on joint venturing with projects in Romania and expansion and development of new projects within mainland Europe. Greenwave Bio Romania intends to joint venture 50% of the Constantia project with professional and sophisticated investors in the form of Units of Interest. The residual and ongoing revenues will be distributed between the partners of the project based on contribution. Greenwave Bio SRL currently has three areas of interest for Joint Venture Partners, Municipal Waste to Diesel, Tire Recycling, and Waste Oil to Diesel. http://www.greenwavebio.eu.

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J C Blignaut
Green Wave Bio
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