EnglishShareholders in Armatura Cluj Napoca have approved a 4.764.961 RON increase in share capital, by issuing 9.529.922 new shares with a face value of 0,5 RON at a price of 0,5 RON/share. Shareholders can subscribe to 10 new shares for each 32 shares held.
This year, Armatura plans to invest 10.552.159 RON. The company expects gross profit to reach 2.511.411 RON, after posting a 6.615.750 RON loss in 2006. Turnover is estimated at 52.000.000 RON. Armatura is listed on the Bucharest Stock Exchange as ARM and has a share capital of 15.235.039 RON.
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