Auchan Romania increases social capital by EUR 18.6 million

Newsroom 18/01/2011 | 18:27

Auchan Romania will increase its social capital by RON 80 million (about EUR 18.6 million) following a decision of its shareholders, informs Mediafax newswire. This will bring the company’s total social capital to RON 186.5 million.

The increase will take place by issuing 800 million shares worth RON 0.1 per share.

French retailer Auchan operates a local network of 7 hypermarkets and has announced plans to expand open 5 new units by the end of 2012.

Simona Bazavan

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