The shares will have a nominal value of 0.1 lei per title, and the total value of the issue will be 8.8 million lei.

In the end of last year, Business Capital For Romania Opportunity Fund, controlled by BCR and the businessman Florin Pogonaru, has taken through cession EUR 12 million, representing part of receivables BCR had in the ceramic blocks producer.

Following the conversion of the receivable in shares, the fund Business Ca­pital For Romania Opportunitycould take maximum 33 pct of the shares. The fund will enter the company’s shareholding after the capital increase.  (source: zf.ro)