Zaporizhtransformator Increases Charter Fund By 80% To USD 4.2mn

ZATR issued 1,768.2mn shares at USD 0.002 of par value. The subscription was conducted on 1 February to 28 February. The funds will be spent to increase working capital, in line with a planned 48% increase in output in 2005. Earlier, the enterprise announced plans to spend USD 7-8mn in 2005-2007 to increase capacity