Cemacon Capital May Be Cut By RON25.7M Due To Losses Amassed In Last 4 Years

02.19.2014 By Ecaterina Craciun

The Managing Board of Romanian brick maker Cemacon (CEON.RO) proposed the company’s shareholders to reduce the share capital by 25.7 million lei (EUR5.7 million), to around RON526,000, due to losses amassed by the company over the last four years.

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Keywords:
CEMACON
, CAPITAL
, INCREASE