October 6 (SeeNews) - Moldovan dairy Lactis has raised its capital to 6.38 million lei ($572,200/388,500 euro) through a 2.0 million lei share issue, the country’s securities commission, CNPF, said on Tuesday.
Lactis needed the additional funds to purchase new equipment and raw materials, CNPF said in a statement.
Following the capital increase, Lactis's capital is divided into 638,000 shares with a nominal value of 10 lei, CNPF added.
Lactis is based in the northern town of Riscani.
(1 euro=16.4739 Moldovan lei)