Austrian energy company EVN has handed Cubitt Consulting its
investor relations brief following a review of its external financial PR
needs.
EVN - listed on the Vienna Stock Exchange with a market cap of £972m - appointed Cubitt after a two-way pitch against four-year
incumbent agency Citigate Dewe Rogerson.
The company's IR head Sabine Ohler said: 'The original contract with
Citigate expired and I decided to review the assignment.'
The brief will focus on strategic IR work, with emphasis on building
relationships with investors, analysts and investment banks in the
UK.
'We would like an evaluation of our IR strategy and also some logistical
support, with investor roadshows,' she added.
Cubitt partner Noga Villalon, who leads the consultancy's IR practice,
will head the account.