Business News

Unior Completes Capital Raising

Zrece, 05 February (STA) - Unior, the Zrece-based tooling and tourism company, has raised EUR 10m by selling 500,000 shares in three rounds of capital increase that started in December. The newly-issued shares were bought by 262 investors, the company said Friday.

In the first two rounds, carried out in December and January, nearly 300,000 shares were sold to existing shareholders. The remaining 202,911 were bought by other investors in the third round of the capital increase.

Unior generated EUR 55.2m in revenues in the first half of 2009, a drop of 24% compared to the same period last year. The results for the whole year have not been disclosed yet.

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