The company issued 1,351,020,000 new shares at a face value of RON0.1, acquired by Monicole Exploitatiemaatschappij BV, which raised its stake to 77.5753% from 75.0120%, while Auchanhyper SA lowered its stake to 22.4247% from 24.9880%.
Following the operation, the retailer’s share capital will reach RON1,317,045,210, The equivalent of EUR299,232,988.
In December 2014, Auchan Romania raised its share capital by EUR60 million, by issuing new shares, which were also acquired by Monicole Exploitatiemaatschappij BV.
Early 2015, the Romanian antitrust authority cleared Auchan 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.