Sunlight Romania Filiala Bucuresti has increased its share capital by 10.7m RON (3m euros), to 12.7m RON (3.6m euros), via a cash contribution from its sole partner – Germanos Telecom Romania, according to a decision made in April. The operation was supplemented with the issue of 1,069,980 shares with a face value of 10 RON, the company also announced. At the same time, the company’s associate decided to contract a 6m-euro loan from Germanos Industrial & Commercial Company of Electronic-Telecommunication Material and Supply of Telecommunication Services (Greece), the majority shareholder in Germanos Telecom Romania. The loan was contracted over a 36-month period and will be used to cover the company’s necessary working capital. Sunlight Romania specialises in the distribution of Toshiba and Sunlight batteries and also sells phone cards.
ZF English
Germanos adds 3m euros to Sunlight's share capital
Sunlight Romania Filiala Bucuresti has increased its share capital by 10.7m RON (3m euros), to 12.7m RON (3.6m euros), via a cash contribution from its sole partner - Germanos Telecom Romania, according to a decision made in April. The operation was supplemented with the issue of 1,069,980 shares with a face value of 10 RON, the company also announced