EnglishRolling stock manufacturer Romvag Caracal increased its share capital by 3.06 million RON to 7.9 million RON, according to data published in the Official Gazette, quoted by Newsin. Following the Board"s decision, shareholders subscribed for 1.227.220 shares and the new share capital amounted to 7.9 million RON, divided into 3,161,097 shares with a face value of 2.5 RON.
Romvag Caracal ended 2006 with a gross profit of 18.3 million RON and turnover of 130.2 million RON. In 2005, Romvag Caracal posted a net profit of of 4.74 million RON, while turnover totaled 60.9 million RON, according to financial data published by the Ministry of Public Finance.
The company was privatized in 2002 and is presently held by Luxemburg-based International Railway Systems (IRS), controled by businessman Cristian Burci. Romvag Caracal is listed on Rasdaq as ROMJ.
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