Hidroelectrica's share capital to increase by 12.49 pct; 10 pct of shares to be floated

The share capital of Romania's Hidroelectrica water power corporation will increase by 12.49 percent on private equity contributions, while 10 percent of the newly issued will be floated on the stock market, according to a privatisation strategy for the company posted on the website of the Economy Ministry.According to the background note, the increase in the share capital will be performed by an initial public ...

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