Verbund calls extraordinary GM to decide on capital increase

Energy › Utilities ♦ Published: September 3, 2010; 21:07 ♦ (Vindobona)

Verbund appreciates positive decision of majority shareholder

Verbund calls extraordinary GM to decide on capital increase / Picture: © Verbund AG

The extraordinary shareholder meeting, during which Austria’s leading electricity company Verbund AG will formally adopt the decision on a EUR 1-billion capital increase, is going to take place on Friday, Sept. 24, 2010, in Vienna.

The Council of Ministers recently took a positive decision regarding the participation of the Republic of Austria in Verbund AG’s capital…

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