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Porr: Capital Increase Flows Smoothly
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Published: January 16, 2012; 19:57 ♦ (Vindobona)

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According to Porr´s CEO Karl Heinz Strauss, the Austrian construction group raises ist capital within the next 60 days. Operating business is performing well, Strauss says.

The planned capital increase of Porr works well, Strauss emphasized. The capital increase was registered and will be closed within the next two months. Strauss, who holds a 6.0% stake, will participate as well as the Turkish shareholder Renaissance. Renaissance has 10% of Porr´s shares.
The construction company has good prospects and records “excellent” results, Strauss…
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