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Ukraine’s Eurocar to boost capital by 49.5% through share issue in 2007
Journal Staff Report

KIEV, Feb. 14 – Eurocar, a Ukrainian producer of Volkswagen Group cars, plans to boost its statutory fund by 49.5%, to UAH 135.88 million, through an additional issue of stocks worth UAH 45 million, the company has reported.

The company said that the increase in the statutory fund was put on the agenda of a general meeting of stockholders scheduled for March 27.

At present, the company is realizing a project to construct a second production line at the enterprise, which foresees the creation of a new production workshop, and welding and paint facilities.




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