The company issued 2,672,760,000 new shares at a face value of RON0.1, acquired by Monicole Exploitatiemaatschappij BV, which raised its stake to 75.0120% from 67.7102%, while Auchanhyper SA lowered its stake to 24.988% from 32.2898%.
The Romanian antitrust authority cleared Auchan earlier this month to take over the locations where it operates 12 hypermarkets and shopping galleries, acquired in a EUR260 million deal.
In spring this year, Auchan will be opening its 33rd hypermarket, in a EUR60 million project developed in Brasov by Immochan, the real estate division of French group Auchan.
Auchan finished remodeling all former Real hypermarkets in the first half of 2014 in a EUR40 million investment. Counting the new hypermarkets, Auchan Romania ended 2013 with a turnover of RON4.6 billion, net of tax, more than double compared to 2012. In total, Auchan and Real had losses of EUR15 million in 2013.