English
UPRUC CTR Făgăraş intends to increase its share capital by 2.639 million lei, from 659.997 lei to 3.229 million lei. The increase will be performed by issuing 1,055,820 shares with a face value of 2.5 lei, by using reserves created from the profit of 2007 and 2008. The decision will be made in a meeting of shareholders scheduled for next month.
The company is controlled by Nuclear Montaj SA Bucharest, which holds a 63.39% stake, whereas SIF Transilvania has a stake of 32.47%, and owners of vouchers acquired during the Mass Privatization Program have 4.12%. UPRUC CTR is a spin-off of UPRUC Făgăraş, and was privatized in 2003, when NuclearMontaj paid 9.515 billion of ROL (951500 RON) for the majority interest.
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