Porr Extends Capital Increase

Businessn.a. ♦ Published: February 2, 2012; 15:34 ♦ (Vindobona)

The Austrian construction group intends to restock its planned capital increase. The minimum volume is € 30m.

Porr Extends Capital Increase / Picture: © Porr AG

In March, Porr will hold an extraordinary shareholder meeting in order to resolve the planned capital increase. However, the volume of the capital increase should be raised. “The minimum volume amounts to € 30m.” says CEO Karl-Heinz Strauss. “We will hold an extraordinary meeting, because the capital increase could be even larger.” Currently, Porr´s articles only allow an…