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Shareholders in Mecanica Rotes have authorized a 1 million RON share capital increase to 42.44 million RON (11.6 million EUR). For this purpose, the company will incorporate reserves and grant free shares, according to an announcement to RASDAQ quoted by NewsIn. Specifically, Mecanica Rotes will issue 1.03 million shares with a face value of 1 RON. Shareholders registered as such by 10 March are entitled to 1 new share for every 40 existing shares.
Mecanica Rotes - Targoviste currently has a share capital of 41.1 million RON divided into 41.4 million shares with a face value of 1 RON. The leading shareholders are Amirastar Trading with 30.46%, Amicosottis SA with 22.85% and Catalin Chelu with 12.23%. The company specializes in welding equipment, gas tank valves and other similar equipment.
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