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Dniproshyna Increases Charter Fund By 452% To USD 29.5 mln.

Dniproshyna Increases Charter Fund By 452% To USD 29.5 mln.

7 November 2008

The company increased the nominal value of its existing shares by indexing its fixed assets. The nominal value of a share was increased from USD 1.8 to USD 9.9. Concorde Capital: Dniproshyna is Ukraine’s largest producer of truck tires. In January-September it decreased production by 7% yoy to 1.18 mln units as Ukrainian tire production declined by 10%.

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