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11/01/2011 - SHARE CAPITAL INCREASE

We have the pleasure of informing you that during the Ordinary Shareholder’s meeting hold on December 3rd  2010, Eme Spa decided a share capital increase amounting to 1.000.000 €, in compliance with what stated on the Annual Report edited in relation to the balance sheet 2009.

The share capital will be injected as follows:

 

-      500.000 € was set aside for the financial year 2010

-      500.000 € will be set aside for the financial year 2011.

 

 

The Extraordinary Shareholder’s meeting took place at Giuseppe Fietta’s notary office in Bassano del Grappa on December 29th 2010, where the Boards of Directors deliberated, subscribed and paid the total amount of  500.000,00 €, raising Eme Spa share capital up to 2.100.000 €.

Considering the global market difficult situation, this operation would like to give a strong signal to employees, clients and suppliers proving that EME Spa Shareholders believe in the business. The share capital will be instrumental in strengthen the leadership position in the existing market and to pursue interesting new developments

 

Armando Donazzan

CEO

 
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ORANGE1 is one of the leading manufacturer of inductive motors in Europe. The Company offers a large range of motors made in over 40 years of experience and tradition.
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