Cementir increases stake in Cimentas

Cementir increases stake in Cimentas
Published: 10 July 2006

Cementir Cementerie Del Tirreno S.p.A announced that its stake in Cimentas Izmir Cimento, a cement company, increased to 29.06 per cent from 19 per cent, following Cimentas Cimento’s capital increase. Cimentas raised its capital to TRY 36.5mn from TRY 31.5mn via rights issue.