Remar Paşcani, whose line of business is the repair of freight and passenger train cars, said it is looking to raise 1.5 million Euros from various sources, including non-reimbursable funds. The amount will be invested in the diversification of production, with a decision in this respect to be made on August 19th, during the General Shareholders" Meeting.
In January, the shareholders of Remar Paşcani have approved the contracting of a loan of 10 million Euros and the purchase of 300 second-hand train cars from the domestic market.
In Q1 2010, the company had a net profit of 6.3 million lei (1.5 million Euros), up from 6.1 million lei in Q1 2009. However, the company"s turnover has decreased 22.3% to 33.6 million lei (8.16 million Euros).
The company is indirectly held by Gruia Stoica and Adrian Didilă, which control 89.57% of the company through the Romanian Railway Group, which is in turn part of the Grampet group, controlled by Gruia Stoica (73.3%) and Adrian Didilă (26.6%).
Ovidiu VRÂNCEANU (Translated by Cosmin Ghidoveanu) Remar Paşcani, whose line of business is the repair of freight and passenger train cars, said it is looking to raise 1.5 million Euros from various sources, including non-reimbursable funds. The amount will be invested in the diversification of production, with a decision in this respect to be made on August 19th, during the General Shareholders" Meeting.
In January, the shareholders of Remar Paşcani have approved the contracting of a loan of 10 million Euros and the purchase of 300 second-hand train cars from the domestic market.
In Q1 2010, the company had a net profit of 6.3 million lei (1.5 million Euros), up from 6.1 million lei in Q1 2009. However, the company"s turnover has decreased 22.3% to 33.6 million lei (8.16 million Euros).
The company is indirectly held by Gruia Stoica and Adrian Didilă
