Heidelberg increases stakes

German group HeidelbergCement, leader of the domestic market, has increased its interests in cement plants Moldocim Bicaz and Casial Deva, following a capital increase at the two companies. The Germans paid some $31.3 million (calculated at 33,523 ROL/USD exchange rate) for these operations. The interest held by HeidelbergCement in Moldocim Bicaz went up from 86.5% to 88.9%, while the stake in Casial Deva rose from 86.2% to 91.01%. The German group subscribed 5,157,384 new shares for 65,000 ROL/share (25,000 ROL in par value and 40,000 ROL in issue premium) at Moldocim Bicaz. The group also paid $21.3 million for 68,163,433 Casial Deva shares at a subscription price of 10,500 ROL/share (1,000 ROL of which account for the par value and 9,500 ROL for the issue premium). ZF