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Croatia's Koncar D&ST to double share capital

Croatia's Koncar D&ST to double share capital Author: Vlada.hr. License: All rights reserved.

ZAGREB (Croatia), September 5 (SeeNews) - Croatian power transformer manufacturer Koncar D&ST [ZSE:KODT-R-A] said on Wednesday it is hiking its capital to 153.4 million kuna ($23.9 million/20.6 million euro) from 76.7 million kuna by issuing new shares.

Koncar D&ST will issue 255,616 shares worth 300 kuna in par value each, it said in a Zagreb bourse filing.

Zagreb-based Koncar D&ST is a part of Koncar Group.

(1 euro=7.42712 kuna)

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