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Auchan Romania increased its social capital with 30 million euro in January
Auchan Romania which owns a chain of 32 hypermarkets increased its social capital by 30 million euro in January, at 299.2 million euro, by issuing new bonds,according to the decision of the AGM.
‘The increase of the social capital is made by the issuing of 1,351,020,000 new shares, each with nominal value of 0.10 lei and a nominal value of 135,102 million lei acquired by the shareholder Monicole Exploitatioemaatschappij BV’ the document shows.
As a result of the increase, the social capital of the company will be 1,317,045,210lei, the equivalent of 299,232,988 euro.
Following this operation, Monicole Exploitatiemaatschappij BV increased the ownership of 75,0120 % at 77.5753% and Auchanhyper SA reduced its share from 24.9880% to 22.4247%.
In December, Auchan Romania increased its social capital by 60 million euro, by issuing new bonds acquired by Monicole Exploitatiemaatschappij BV.
At the beginning of this year, the Council of Competitivity approved the taking over by Auchan of the spaces where 12 hypermarkets and commercial galleries worked, retailer operation, the trading being estimated at over 260 million euro, being one of the biggest on the retail market in Central Europe and the biggest in Romania since 2014.
At the same time, Auchan will open in spring the 33rd hypermarket of the chain in the commercial centre Coresi in Brasov, project of over 60 million euro developed by Immochan, the real estate department of the French group Auchan.
The group finalised at the beginning of last year the reshaping of the 20 hypermarkets Real bought from the German group Metro in 2012, which tripled the chain of the retailer in Romania and in December opened the 32 shop, being present in 18 cities. The retailer has over 11,000 employees.
After the integration of these hypermarkets Auchan Romania closed 2013 with a turnover of 4.6 billion lei, without taxes, twice higher than 2012. Cumulated the Auchan business and Real generated losses of 15 million euro in 2013.