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Last $0.0004 USD
Change Today 0.00 / -12.50%
Volume 5.0K
ETEK On Other Exchanges
As of 8:10 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

eco-tek group inc (ETEK) Snapshot

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eco-tek group inc (ETEK) Details

Eco-Tek Group, Inc. manufactures and distributes synthetic lubricants, filtration systems, and other products in North America. The company offers synthetic base motor oil, fuel treatment products, engine flush products, synthetic oil stabilizers, bypass and magnetic oil filtration products, hand cleaners, and non-toxic lubricants. Its products are used in cars, vans, sport utility vehicles, light trucks, heavy-duty industrial equipment, commercial and heavy transport vehicles, farm equipment, 4-cylinder lawn and garden equipment, compressors, and generators. The company markets and sells its products under the Eco-Tek brand name through independent sales agents and distributors, as well as through auto centers and oil change businesses. Eco-Tek Group, Inc. was founded in 2005 and is based in Woodbridge, Canada.

2 Employees
Last Reported Date: 04/16/13
Founded in 2005

eco-tek group inc (ETEK) Top Compensated Officers

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eco-tek group inc (ETEK) Key Developments

Eco-Tek Group Inc. Announces Exclusive Agreement with a Major Distributor for Colombia

Eco-Tek Worldwide announced an exclusive agreement with a major distributor for Colombia. The distributor has placed an initial test order which is being assembled for immediate shipment. The agreement requires John Mario Guerrero Leyton Ltee of Santiago de Cali, Valle del Cauca to place an initial order for $50,000 and to purchase a minimum of CAD 50,000.00 of the bypass system products during each twelve month period following the signing of five year agreement. The company is continuing expansion program in Latin America. Along with Chile, Peru and Mexico this makes fourth distributor in the marketplace. Europe operations are also gearing up for additional distributors. The company expects to continue to achieve goals of greater than 50% growth in revenues per quarter.

Eco-Tek Worldwide Announces Co-Operation Agreement with the Enterprise Europe Network

Eco-Tek Group Inc. announced the signing of a Co-operation Agreement with Enterprise Europe Network. The Agreement, spearheaded by the Technology Transfer Centre at the University of Zielona Gora, will promote Eco-Tek and its products to nearly 600 institutions in the EU marketplace. It is important to note that the program is financed from EU funds. Included in the Agreement is assistance from the University in obtaining EU research grants for the enhancement of the Company's products and product compliance within the EU.

Eco-Tek Group Inc. Announces the Establishment of Eco-Tek EU; Appoints Slawek Jasinski as Vice President, European Operations

Eco-Tek Group Inc. announced the establishment of Eco-Tek EU. Eco-Tek expects the European operation to provide a significant increase in its business prospects for 2014, allowing the company to reach the upper end of its revenue targets for 2014. Mr. Slawek Jasinski has been appointed as Vice President, European Operations for Eco-Tek Group Inc.


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