English
Mefin - Sinaia, a manufacturer of injection pumps for Disel engines controlled by the US-based DCI Walbridge Partners, has announced revenues of 7.91 million RON, expenses of 7.43 million RON and a turnover of 6.63 million RON. The company also announced that shareholders would convene 11 August to discuss the possibility of covering losses from the past years by diminishing the share capital. The plan is to diminish the share capital from 13.23 million RON to 5.29 million RON to cover a loss of 7.93 million RON from the years 2002, 2005, 2006. The company lost 1.26 million RON in 2002, 2.74 million RON in 2005 and 3.92 million RON in 2006. The shareholders will also discuss a motion to reduce the face value of the shares from 2.5 RON to 1 RON. Shareholders registered as such by 4 August can participate in the meeting. Mefin - Sinaia concluded Q1 with a profit of 478,256 RON, compared to losses of 327,547 RON in Q1 of 2007. The lead shareholders are DCI Walbridge Partners Ltd. with 79.63% and Broadhurst Investments Ltd. with 7.78%.
Mefin - Sinaia Shareholders To Consider Lowering Share Capital
F.A.
Ziarul BURSA #English Section / 12 iunie 2008
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