ArcelorMittal Tubular Products Roman will increase its share capital by RON292.1 million to RON328.2 million, while the capital of ArcelorMittal Tubular Products Iasi will be raised to RON241 million, from RON162.9 million presently.

The two companies will discuss the operation at a shareholder meeting due January 26.

ArcelorMittal Tubular Products Holding owns has 69.7% of ArcelorMittal Tubular Products Roman’s shares and 96.3% of ArcelorMittal Tubular Products Iasi. (EUR1=RON4.3011)